Shares of Mammoth Energy Services Inc (NASDAQ:TUSK) have received an average rating of “Buy” from the thirteen ratings firms that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $25.90.
A number of analysts have recently weighed in on the company. BidaskClub raised Mammoth Energy Services from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 20th. Zacks Investment Research lowered Mammoth Energy Services from a “hold” rating to a “sell” rating and set a $26.00 price target for the company. in a research note on Saturday, January 20th. Credit Suisse Group raised their price target on Mammoth Energy Services from $26.00 to $27.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 30th. Stephens assumed 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, ValuEngine raised Mammoth Energy Services from a “sell” rating to a “hold” rating in a research note on Tuesday, October 31st.
Mammoth Energy Services (TUSK) traded up $0.15 during trading hours on Friday, hitting $20.66. The stock had a trading volume of 48,841 shares, compared to its average volume of 163,162. The stock has a market capitalization of $912.74, a price-to-earnings ratio of -11.81 and a beta of 4.46. Mammoth Energy Services has a 52-week low of $10.88 and a 52-week high of $25.00. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.39 and a current ratio of 1.52.
A number of hedge funds have recently made changes to their positions in TUSK. Schwab Charles Investment Management Inc. raised 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 worth $555,000 after purchasing an additional 171 shares in the last quarter. Teachers Advisors LLC raised its holdings in 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 purchasing an additional 1,808 shares in the last quarter. Northern Trust Corp raised its holdings in 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 purchasing an additional 1,996 shares in the last quarter. Boston Partners raised its holdings in 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 purchasing an additional 2,771 shares in the last quarter. Finally, 1st Global Advisors Inc. raised its holdings in 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 purchasing an additional 2,869 shares in the last quarter. 72.56% of the stock is owned by institutional investors.
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About Mammoth Energy Services
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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