Eco-Stim Energy Solutions, Inc. (NASDAQ:ESES) – Equities research analysts at Imperial Capital issued their FY2017 earnings per share estimates for shares of Eco-Stim Energy Solutions in a research report issued to clients and investors on Thursday, Zacks Investment Research reports. Imperial Capital analyst J. Wangler anticipates that the oil and gas company will post earnings of ($0.79) per share for the year. Imperial Capital has a “Outperform” rating and a $2.00 price objective on the stock. Imperial Capital also issued estimates for Eco-Stim Energy Solutions’ Q4 2017 earnings at ($0.04) EPS, Q1 2018 earnings at ($0.01) EPS, Q2 2018 earnings at $0.01 EPS, Q3 2018 earnings at $0.02 EPS, Q4 2018 earnings at $0.04 EPS and FY2018 earnings at $0.06 EPS.
Several other research analysts have also recently issued reports on the stock. FBR & Co set a $3.00 target price on shares of Eco-Stim Energy Solutions and gave the stock a “buy” rating in a report on Thursday, October 19th. Zacks Investment Research lowered shares of Eco-Stim Energy Solutions from a “buy” rating to a “hold” rating in a research note on Tuesday, August 29th. Finally, B. Riley set a $3.00 target price on shares of Eco-Stim Energy Solutions and gave the company a “buy” rating in a research report on Tuesday, November 14th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. Eco-Stim Energy Solutions has a consensus rating of “Buy” and a consensus target price of $2.22.
Eco-Stim Energy Solutions (NASDAQ:ESES) opened at $1.42 on Monday. The company has a quick ratio of 1.33, a current ratio of 1.50 and a debt-to-equity ratio of 0.01. Eco-Stim Energy Solutions has a 12-month low of $0.66 and a 12-month high of $2.05.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Bienville Capital Management LLC grew its holdings in Eco-Stim Energy Solutions by 107.4% during the 3rd quarter. Bienville Capital Management LLC now owns 6,178,261 shares of the oil and gas company’s stock worth $9,514,000 after acquiring an additional 3,198,727 shares in the last quarter. Vanguard Group Inc. grew its holdings in Eco-Stim Energy Solutions by 5.5% during the 2nd quarter. Vanguard Group Inc. now owns 512,551 shares of the oil and gas company’s stock worth $641,000 after acquiring an additional 26,572 shares in the last quarter. Victory Capital Management Inc. bought a new position in Eco-Stim Energy Solutions during the 3rd quarter worth about $279,000. Geneva Advisors LLC grew its holdings in Eco-Stim Energy Solutions by 22.6% during the 2nd quarter. Geneva Advisors LLC now owns 97,667 shares of the oil and gas company’s stock worth $122,000 after acquiring an additional 18,000 shares in the last quarter. Finally, B. Riley Financial Inc. bought a new position in Eco-Stim Energy Solutions during the 3rd quarter worth about $143,000. Hedge funds and other institutional investors own 84.26% of the company’s stock.
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Eco-Stim Energy Solutions Company Profile
Eco-Stim Energy Solutions, Inc is an oilfield services company. The Company provides well stimulation, coiled tubing and field management services to the upstream oil and gas industry. The Company focuses on the active shale and unconventional oil and natural gas basins outside the United States and it has commenced operations in Argentina.
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