Favorable Media Coverage Somewhat Unlikely to Affect Select Egy Svcs (WTTR) Stock Price

News coverage about Select Egy Svcs (NYSE:WTTR) has trended positive on Thursday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Select Egy Svcs earned a news impact score of 0.25 on Accern’s scale. Accern also gave news articles about the company an impact score of 44.9763653769566 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Several equities analysts have recently issued reports on the company. BidaskClub raised Select Egy Svcs from a “hold” rating to a “buy” rating in a research report on Wednesday, September 27th. Citigroup lowered Select Egy Svcs from a “buy” rating to a “sell” rating and lowered their price target for the stock from $18.00 to $15.00 in a research report on Wednesday, September 27th. B. Riley reissued a “buy” rating on shares of Select Egy Svcs in a research report on Wednesday, November 1st. Bank of America reissued a “buy” rating and issued a $20.00 target price on shares of Select Egy Svcs in a research report on Friday, December 8th. Finally, Zacks Investment Research lowered Select Egy Svcs from a “hold” rating to a “sell” rating in a research report on Friday, September 15th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the stock. Select Egy Svcs currently has an average rating of “Buy” and an average target price of $18.78.

Select Egy Svcs (WTTR) opened at $17.27 on Thursday. Select Egy Svcs has a 52-week low of $11.22 and a 52-week high of $17.49. The company has a quick ratio of 2.83, a current ratio of 2.84 and a debt-to-equity ratio of 0.04.

Select Egy Svcs (NYSE:WTTR) last issued its earnings results on Wednesday, November 8th. The company reported $0.04 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.01. Select Egy Svcs had a negative return on equity of 6.04% and a negative net margin of 6.18%. The business had revenue of $153.90 million during the quarter, compared to analyst estimates of $147.65 million. During the same quarter in the previous year, the firm earned ($0.28) EPS. Select Egy Svcs’s revenue was up 108.3% on a year-over-year basis. research analysts anticipate that Select Egy Svcs will post 0.01 EPS for the current fiscal year.

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Select Egy Svcs Company Profile

Select Energy Services, Inc is a holding company. The Company is provider of total water solutions to the United States unconventional oil and gas industry. The Company is engaged in sourcing and transfer of water prior to its use in drilling and completion activities associated with hydraulic fracturing or fracking, which collectively referrd to as pre-frac water services.

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