The Rosehill Resources Inc. (ROSE) shares are trading at higher $0.41 and the avg recommendation for the stock is Moderate Sell.
To add more color to this target, the company’s high over the last year is $3.07 and the low is $0.25. Over the last 52 weeks, ROSE is down -86.57% while the S&P 500 is up 0.57%. The catalyst for this interesting swing was the company’s recent earnings report.
A Notable Earnings Report
In the last quarter, ROSE reported a profit of $44.34 million. Rosehill Resources Inc. also saw revenues increase to $60.19 million. In addition, ROSE has free cash flow of -$0.74 million as of 03-2020. The company’s EBITDA came in at -$314.71 million which compares well with its peers.
ROSE booked profit margins of -46.00%, its Return on Equity (ROE) is -416.80%, and its Return on Assets is -16.70%. All told, it is clear that, ROSE needs to be on your watchlist.
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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. ROSE has a short ratio of 0.43 and outstanding shares of 28.57M.
ROSE has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 0.75 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -4.92. Rosehill Resources Inc. ROSE also noted assets of $659.04 million at the end of the last quarter. Investors should also keep an eye on sector updates as ROSE has historically followed its peers on positive news.
All told, Rosehill Resources Inc. ROSE has strung together solid data and demonstrated underlying fundamentals. At its current valuation, ROSE represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.
Rosehill Resources Inc. ROSE is now commanding a market cap of 19.21M and a float of 9.45M. ROSE is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of ROSE stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in ROSE, either long or short, and we have not been compensated for this article.