Media coverage about Select Energy Services (NYSE:WTTR) has been trending somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Select Energy Services earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave media headlines about the company an impact score of 47.4163662319959 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Select Energy Services (WTTR) opened at $20.90 on Friday. Select Energy Services has a twelve month low of $11.22 and a twelve month high of $20.97. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.83 and a current ratio of 2.84.
Select Energy Services (NYSE:WTTR) last posted its quarterly earnings results on Wednesday, November 8th. The company reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. The firm had revenue of $153.90 million for the quarter, compared to analysts’ expectations of $147.65 million. Select Energy Services had a negative return on equity of 6.04% and a negative net margin of 6.18%. The company’s revenue for the quarter was up 108.3% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.28) EPS. analysts predict that Select Energy Services will post -0.02 earnings per share for the current year.
Several analysts recently commented on WTTR shares. Citigroup cut Select Energy Services from a “buy” rating to a “sell” rating and reduced their target price for the company from $18.00 to $15.00 in a report on Wednesday, September 27th. BidaskClub upgraded Select Energy Services from a “hold” rating to a “buy” rating in a report on Wednesday, September 27th. B. Riley reiterated a “buy” rating on shares of Select Energy Services in a report on Wednesday, November 1st. Piper Jaffray Companies restated a “buy” rating and set a $20.00 price target on shares of Select Energy Services in a report on Friday, November 10th. Finally, Zacks Investment Research upgraded Select Energy Services from a “sell” rating to a “hold” rating and set a $17.00 price target on the stock in a report on Wednesday, November 15th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $18.78.
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Select Energy Services Company Profile
Select Energy Services, Inc is a holding company. The Company is provider of total water solutions to the United States unconventional oil and gas industry. The Company is engaged in sourcing and transfer of water prior to its use in drilling and completion activities associated with hydraulic fracturing or fracking, which collectively referrd to as pre-frac water services.
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