Mammoth Energy Services Inc (NASDAQ:TUSK) has been assigned a consensus rating of “Hold” from the twelve brokerages that are presently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $4.00.
A number of research firms recently weighed in on TUSK. Zacks Investment Research downgraded shares of Mammoth Energy Services from a “hold” rating to a “sell” rating in a research report on Thursday, November 7th. ValuEngine raised shares of Mammoth Energy Services from a “hold” rating to a “buy” rating in a research report on Tuesday, December 3rd. TheStreet cut shares of Mammoth Energy Services from a “c-” rating to a “d” rating in a research note on Friday, November 8th. Imperial Capital cut shares of Mammoth Energy Services from an “outperform” rating to an “outperform” rating and cut their price target for the company from $6.00 to $1.50 in a research note on Monday, November 11th. Finally, Piper Jaffray Companies reiterated a “buy” rating and issued a $3.00 price target (down previously from $7.25) on shares of Mammoth Energy Services in a research note on Tuesday, November 19th.
In related news, Director Wexford Capital Lp bought 35,904 shares of the business’s stock in a transaction dated Wednesday, November 13th. The stock was bought at an average price of $1.36 per share, for a total transaction of $48,829.44. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.40% of the company’s stock.
Mammoth Energy Services stock traded up $0.12 during mid-day trading on Friday, reaching $1.80. The company’s stock had a trading volume of 256,749 shares, compared to its average volume of 559,647. The company has a market capitalization of $77.89 million, a price-to-earnings ratio of 0.32 and a beta of 1.76. Mammoth Energy Services has a 12 month low of $1.22 and a 12 month high of $24.62. The business’s 50 day simple moving average is $1.83 and its 200 day simple moving average is $3.23. The company has a debt-to-equity ratio of 0.15, a quick ratio of 3.10 and a current ratio of 3.24.
Mammoth Energy Services (NASDAQ:TUSK) last released its earnings results on Thursday, November 7th. The energy company reported ($0.79) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.39) by ($0.40). The business had revenue of $113.40 million during the quarter, compared to the consensus estimate of $153.52 million. Mammoth Energy Services had a net margin of 5.98% and a return on equity of 7.65%. The firm’s revenue for the quarter was down 70.5% on a year-over-year basis. During the same period last year, the business posted $1.54 EPS. As a group, sell-side analysts expect that Mammoth Energy Services will post -0.97 EPS for the current year.
About Mammoth Energy Services
Mammoth Energy Services, Inc operates as an oilfield service company. The company operates in three segments: Infrastructure Services, Pressure Pumping Services, and Natural Sand Proppant Services. The Infrastructure Services segment offers a range of services on electric transmission and distribution networks, and substation facilities, including the construction, upgrade, maintenance, and repair of high voltage transmission lines, substations, and lower voltage overhead and underground distribution systems; storm repair and restoration services; and commercial services comprising installation, maintenance, and repair of commercial wiring.
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