Media stories about Emerge Energy Services (NYSE:EMES) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Emerge Energy Services earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned media coverage about the oil and gas company an impact score of 46.7107042857683 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern Sentiment’s analysis:
- Insider Trading Activity Emerge Energy Services LP (NYSE:EMES) – Director Bought 3,000 shares of Stock (4-traders.com)
- Emerge Energy Services LP (EMES) – Momentum Stock to Focus – Wall Street Morning (wallstreetmorning.com)
- Emerge Energy Services LP (EMES) Director Kevin Clark Purchases 3,000 Shares (americanbankingnews.com)
- Emerge Energy Services LP (EMES) Moves 5.35% – Evergreen Caller (evergreencaller.com)
- Emerge Energy Services LP Commo (NYSE:EMES) Stock Traded Significantly Below Its 50 Day Moving Average – Modern Readers (modernreaders.com)
Emerge Energy Services (NYSE:EMES) traded up 1.31% during midday trading on Friday, reaching $6.19. The company’s stock had a trading volume of 272,592 shares. Emerge Energy Services has a 12 month low of $5.65 and a 12 month high of $24.45. The firm’s market capitalization is $186.63 million. The stock’s 50-day moving average price is $7.38 and its 200-day moving average price is $12.12.
Emerge Energy Services (NYSE:EMES) last posted its earnings results on Thursday, August 3rd. The oil and gas company reported ($0.11) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.09) by $0.02. The business had revenue of $82.60 million for the quarter, compared to analyst estimates of $97.18 million. Emerge Energy Services had a negative return on equity of 170.44% and a negative net margin of 14.29%. The company’s quarterly revenue was up 233.1% compared to the same quarter last year. During the same period in the previous year, the company earned ($1.17) earnings per share. Analysts predict that Emerge Energy Services will post ($0.43) EPS for the current year.
Several research analysts have weighed in on the company. Goldman Sachs Group, Inc. (The) lifted their target price on Emerge Energy Services from $28.50 to $31.00 and gave the company a “buy” rating in a research note on Tuesday, April 25th. Zacks Investment Research cut Emerge Energy Services from a “buy” rating to a “hold” rating in a report on Monday, May 1st. Stifel Nicolaus raised Emerge Energy Services from a “hold” rating to a “buy” rating and raised their price target for the company from $14.00 to $16.00 in a report on Thursday, May 4th. Evercore ISI began coverage on Emerge Energy Services in a report on Thursday, May 25th. They issued an “in-line” rating and a $15.00 price target for the company. Finally, ValuEngine cut Emerge Energy Services from a “hold” rating to a “sell” rating in a report on Saturday, June 10th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $19.00.
About Emerge Energy Services
Emerge Energy Services LP owns, operates, acquires and develops a portfolio of energy service assets. The Company operates through Sand segment. The Company conducts its Sand operations through its subsidiary, Superior Silica Sands LLC (SSS). The Company’s Sand business mines, processes and distributes silica sand, an input for the hydraulic fracturing of oil and gas wells.
Receive News & Ratings for Emerge Energy Services LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerge Energy Services LP and related companies with MarketBeat.com's FREE daily email newsletter.