News coverage about Mammoth Energy Services (NASDAQ:TUSK) has been trending positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Mammoth Energy Services earned a media sentiment score of 0.28 on Accern’s scale. Accern also assigned headlines about the energy company an impact score of 46.4223168109767 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news headlines that may have effected Accern Sentiment’s analysis:
Mammoth Energy Services stock opened at $33.67 on Friday. Mammoth Energy Services has a 12-month low of $33.58 and a 12-month high of $34.53. The company has a current ratio of 1.26, a quick ratio of 1.35 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $1.55 billion, a price-to-earnings ratio of 23.71 and a beta of 0.32.
Mammoth Energy Services (NASDAQ:TUSK) last released its earnings results on Wednesday, February 21st. The energy company reported $1.54 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.52 by $1.02. Mammoth Energy Services had a return on equity of 25.02% and a net margin of 10.76%. The firm had revenue of $368.96 million for the quarter, compared to analysts’ expectations of $368.41 million. equities analysts anticipate that Mammoth Energy Services will post 4.48 earnings per share for the current fiscal year.
A number of research analysts recently commented on the company. Tudor Pickering downgraded Mammoth Energy Services from a “buy” rating to a “hold” rating in a research note on Wednesday, April 11th. Jefferies Group reaffirmed a “hold” rating and issued a $30.00 price target on shares of Mammoth Energy Services in a research note on Wednesday, April 4th. Stephens boosted their price target on Mammoth Energy Services from $36.00 to $40.00 and gave the company an “overweight” rating in a research note on Friday, April 6th. Barclays set a $37.00 price target on Mammoth Energy Services and gave the company a “buy” rating in a research note on Sunday, May 6th. Finally, BidaskClub upgraded Mammoth Energy Services from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, March 7th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $32.25.
In other Mammoth Energy Services news, CFO Mark E. Layton sold 4,373 shares of Mammoth Energy Services stock in a transaction dated Thursday, March 1st. The stock was sold at an average price of $26.13, for a total value of $114,266.49. Following the transaction, the chief financial officer now owns 52,702 shares in the company, valued at $1,377,103.26. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.25% of the company’s stock.
Mammoth Energy Services Company Profile
Mammoth Energy Services, Inc operates as an integrated oilfield service company. The company operates in four segments: Pressure Pumping Services, Infrastructure Services, Natural Sand Proppant Services, and Contract Land and Directional Drilling Services. The Pressure Pumping Services segment provides high-pressure hydraulic fracturing services to enhance the production of oil and natural gas from formations having low permeability.
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