Emerge Energy Services (EMES) Scheduled to Post Quarterly Earnings on Tuesday

Emerge Energy Services (NYSE:EMES) is scheduled to be announcing its earnings results before the market opens on Tuesday, November 6th. Analysts expect the company to announce earnings of $0.26 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Emerge Energy Services (NYSE:EMES) last released its quarterly earnings data on Wednesday, August 1st. The oil and gas company reported $0.30 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.38 by ($0.08). Emerge Energy Services had a return on equity of 40.78% and a net margin of 5.19%. The business had revenue of $101.84 million for the quarter, compared to analyst estimates of $122.78 million. During the same quarter in the previous year, the company posted ($0.11) EPS. The business’s quarterly revenue was up 23.3% on a year-over-year basis. On average, analysts expect Emerge Energy Services to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

EMES opened at $2.06 on Tuesday. The company has a debt-to-equity ratio of 2.81, a quick ratio of 1.35 and a current ratio of 1.74. Emerge Energy Services has a 1-year low of $2.05 and a 1-year high of $10.45. The firm has a market cap of $71.69 million, a price-to-earnings ratio of 3.25 and a beta of 1.99.

Several research analysts have weighed in on EMES shares. Stifel Nicolaus downgraded shares of Emerge Energy Services from a “buy” rating to a “hold” rating in a report on Thursday, August 2nd. B. Riley lowered their price objective on shares of Emerge Energy Services from $9.00 to $5.00 and set a “neutral” rating on the stock in a report on Thursday, September 6th. Wells Fargo & Co started coverage on shares of Emerge Energy Services in a report on Saturday, September 15th. They set a “hold” rating and a $4.00 price objective on the stock. Piper Jaffray Companies set a $5.00 price objective on shares of Emerge Energy Services and gave the stock a “hold” rating in a report on Tuesday, October 2nd. Finally, Seaport Global Securities set a $4.00 price objective on shares of Emerge Energy Services and gave the stock a “buy” rating in a report on Thursday, October 18th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $6.63.

In other news, Director Mark A. Gottfredson bought 10,000 shares of the stock in a transaction dated Tuesday, September 11th. The stock was bought at an average price of $4.60 per share, for a total transaction of $46,000.00. Following the completion of the acquisition, the director now directly owns 125,082 shares in the company, valued at approximately $575,377.20. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Emerge Energy Services Company Profile

Emerge Energy Services LP, through its subsidiary, Superior Silica Sands LLC, operates an energy services company in the United States. It engages in mining, producing, and distributing silica sand, which is a primary input for the hydraulic fracturing of oil and natural gas wells. The company serves oilfield services companies, and exploration and production companies that are engaged in hydraulic fracturing.

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Earnings History for Emerge Energy Services (NYSE:EMES)

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