Press coverage about Mammoth Energy Services (NASDAQ:TUSK) has been trending somewhat positive recently, according to Accern Sentiment. The research firm scores the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Mammoth Energy Services earned a daily sentiment score of 0.25 on Accern’s scale. Accern also gave news articles about the energy company an impact score of 47.2909246665955 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of Mammoth Energy Services (TUSK) opened at $23.14 on Friday. Mammoth Energy Services has a 52-week low of $10.88 and a 52-week high of $24.54. The stock has a market capitalization of $1,030.67, a PE ratio of -13.22 and a beta of 5.25. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.39 and a current ratio of 1.52.
Mammoth Energy Services (NASDAQ:TUSK) last announced its earnings results on Wednesday, November 1st. The energy company reported ($0.02) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.02 by ($0.04). Mammoth Energy Services had a negative return on equity of 2.35% and a negative net margin of 16.41%. The business had revenue of $149.30 million for the quarter, compared to analysts’ expectations of $129.58 million. The firm’s revenue for the quarter was up 135.9% compared to the same quarter last year. research analysts predict that Mammoth Energy Services will post 0.14 EPS for the current year.
TUSK has been the topic of several research reports. Jefferies Group initiated coverage on Mammoth Energy Services in a research report on Thursday, October 5th. They issued a “hold” rating and a $18.00 price objective on the stock. Zacks Investment Research raised Mammoth Energy Services from a “hold” rating to a “buy” rating and set a $18.00 price objective on the stock in a research report on Thursday, October 12th. Imperial Capital raised their price objective on Mammoth Energy Services from $20.00 to $24.00 and gave the company an “outperform” rating in a research report on Friday, October 20th. ValuEngine raised Mammoth Energy Services from a “sell” rating to a “hold” rating in a research report on Tuesday, October 31st. Finally, Credit Suisse Group raised their price objective on Mammoth Energy Services from $20.00 to $22.00 and gave the company an “outperform” rating in a research report on Friday, November 3rd. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $24.80.
In related news, CEO Arty Straehla sold 25,842 shares of Mammoth Energy Services stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $18.45, for a total value of $476,784.90. Following the completion of the transaction, the chief executive officer now directly owns 231,711 shares in the company, valued at $4,275,067.95. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.03% of the stock is currently owned by company insiders.
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Mammoth Energy Services Company Profile
Mammoth Energy Services, Inc is an integrated oilfield service company. The Company is engaged in the exploration and development of North American onshore unconventional oil and natural gas reserves. The Company’s segments include Contract Land and Directional Drilling Services; Completion and Production Services; Natural Sand Proppant Services, and Remote Accommodation Services.
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