Emerge Energy Services LP (NYSE:EMES) has been given a consensus recommendation of “Hold” by the eleven brokerages that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $17.00.
Several equities research analysts have recently commented on the company. BidaskClub raised Emerge Energy Services from a “sell” rating to a “hold” rating in a report on Thursday, November 9th. Zacks Investment Research raised Emerge Energy Services from a “sell” rating to a “hold” rating in a report on Monday, November 6th. Piper Jaffray Companies reaffirmed a “hold” rating and set a $10.00 target price on shares of Emerge Energy Services in a report on Friday, November 3rd. Cowen and Company set a $12.00 target price on Emerge Energy Services and gave the company a “hold” rating in a report on Wednesday, October 18th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $13.00 target price on shares of Emerge Energy Services in a report on Sunday, September 10th.
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Shares of Emerge Energy Services (NYSE:EMES) opened at $8.62 on Monday. The company has a debt-to-equity ratio of 3.64, a quick ratio of 1.04 and a current ratio of 1.48. Emerge Energy Services has a twelve month low of $5.65 and a twelve month high of $24.45.
In other Emerge Energy Services news, Director Mark A. Gottfredson purchased 68,850 shares of the company’s stock in a transaction that occurred on Wednesday, November 8th. The shares were purchased at an average cost of $8.66 per share, with a total value of $596,241.00. Following the completion of the transaction, the director now owns 65,840 shares of the company’s stock, valued at $570,174.40. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Large investors have recently bought and sold shares of the stock. KCG Holdings Inc. acquired a new position in Emerge Energy Services during the first quarter valued at $165,000. Deprince Race & Zollo Inc. raised its position in Emerge Energy Services by 53.8% during the second quarter. Deprince Race & Zollo Inc. now owns 16,000 shares of the oil and gas company’s stock valued at $144,000 after buying an additional 5,600 shares during the period. FineMark National Bank & Trust acquired a new position in Emerge Energy Services during the third quarter valued at $132,000. Stifel Financial Corp raised its position in Emerge Energy Services by 13.2% during the second quarter. Stifel Financial Corp now owns 17,433 shares of the oil and gas company’s stock valued at $156,000 after buying an additional 2,027 shares during the period. Finally, B. Riley Financial Inc. acquired a new position in Emerge Energy Services during the third quarter valued at $190,000. 30.55% of the stock is currently owned by hedge funds and other institutional investors.
Emerge Energy Services Company Profile
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.
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