Mammoth Energy Services (TUSK) Upgraded at BidaskClub

BidaskClub upgraded shares of Mammoth Energy Services (NASDAQ:TUSK) from a buy rating to a strong-buy rating in a research report released on Saturday, January 20th.

A number of other research firms also recently issued reports on TUSK. Credit Suisse Group increased their price target on Mammoth Energy Services from $20.00 to $22.00 and gave the stock an outperform rating in a research report on Friday, November 3rd. ValuEngine upgraded Mammoth Energy Services from a sell rating to a hold rating in a research note on Tuesday, October 31st. Zacks Investment Research upgraded Mammoth Energy Services from a hold rating to a buy rating and set a $20.00 price objective for the company in a research note on Thursday, October 26th. Stephens started coverage on Mammoth Energy Services in a research note on Tuesday, January 9th. They issued an overweight rating and a $27.00 price target for the company. Finally, Imperial Capital increased their price target on Mammoth Energy Services from $20.00 to $24.00 and gave the company an outperform rating in a research note on Friday, October 20th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of Buy and a consensus target price of $25.90.

Shares of Mammoth Energy Services (NASDAQ TUSK) traded up $0.92 during trading on Friday, reaching $20.87. The company’s stock had a trading volume of 79,280 shares, compared to its average volume of 145,280. Mammoth Energy Services has a 12 month low of $10.88 and a 12 month high of $25.00. The company has a quick ratio of 1.39, a current ratio of 1.52 and a debt-to-equity ratio of 0.21. The company has a market cap of $896.72, a P/E ratio of -11.93 and a beta of 4.46.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Schwab Charles Investment Management Inc. grew its holdings in Mammoth Energy Services by 0.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 29,834 shares of the energy company’s stock valued at $555,000 after purchasing an additional 171 shares during the period. Teachers Advisors LLC boosted its stake in shares of Mammoth Energy Services by 13.6% in the second quarter. Teachers Advisors LLC now owns 15,060 shares of the energy company’s stock worth $280,000 after acquiring an additional 1,808 shares during the last quarter. Northern Trust Corp boosted its stake in shares of Mammoth Energy Services by 2.2% in the second quarter. Northern Trust Corp now owns 92,303 shares of the energy company’s stock worth $1,717,000 after acquiring an additional 1,996 shares during the last quarter. Boston Partners boosted its stake in shares of Mammoth Energy Services by 1.9% in the fourth quarter. Boston Partners now owns 151,040 shares of the energy company’s stock worth $2,965,000 after acquiring an additional 2,771 shares during the last quarter. Finally, 1st Global Advisors Inc. boosted its stake in shares of Mammoth Energy Services by 11.0% in the second quarter. 1st Global Advisors Inc. now owns 28,843 shares of the energy company’s stock worth $536,000 after acquiring an additional 2,869 shares during the last quarter. 72.56% of the stock is currently owned by institutional investors.

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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.

Analyst Recommendations for Mammoth Energy Services (NASDAQ:TUSK)

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