Emerge Energy Services (EMES) Receiving Positive Press Coverage, AlphaOne Reports
Media headlines about Emerge Energy Services (NYSE:EMES) have been trending positive recently, AlphaOne Sentiment Analysis reports. The research group, a service of Accern, identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Emerge Energy Services earned a coverage optimism score of 0.28 on AlphaOne’s scale. AlphaOne also assigned news articles about the oil and gas company an impact score of 80 out of 100, indicating that recent news coverage is likely to have an impact on the company’s share price in the next few days.
Here are some of the news articles that may have impacted AlphaOne Sentiment’s analysis:
- Emerge Energy Services Target of Unusually Large Options Trading (EMES) (americanbankingnews.com)
- Needle Action Activity Spotted in Emerge Energy Services LP (EMES) – The Times (tuckermantimes.com)
- Emerge Energy Services LP to Host Analyst and Investor Day – Nasdaq (nasdaq.com)
- Tale of the Ticker: Emerge Energy Services LP (EMES) Moves on Volume – The Times (tuckermantimes.com)
Shares of Emerge Energy Services (NYSE:EMES) traded up 5.25% during trading on Friday, hitting $13.22. The company had a trading volume of 347,179 shares. The firm’s market capitalization is $397.54 million. The company’s 50 day moving average is $12.94 and its 200 day moving average is $13.97. Emerge Energy Services has a 1-year low of $3.76 and a 1-year high of $24.45.
Emerge Energy Services (NYSE:EMES) last issued its quarterly earnings data on Wednesday, May 3rd. The oil and gas company reported ($0.38) EPS for the quarter, missing analysts’ consensus estimates of ($0.34) by $0.04. Emerge Energy Services had a negative return on equity of 255.24% and a negative net margin of 28.61%. The firm had revenue of $75.30 million during the quarter, compared to analyst estimates of $71.75 million. During the same quarter in the prior year, the firm earned ($1.43) EPS. The business’s quarterly revenue was up 153.5% compared to the same quarter last year. Analysts anticipate that Emerge Energy Services will post ($0.15) earnings per share for the current fiscal year.
Several research firms recently weighed in on EMES. Wunderlich upped their price objective on shares of Emerge Energy Services from $20.00 to $30.00 and gave the stock a “buy” rating in a research report on Thursday, February 9th. Zacks Investment Research cut shares of Emerge Energy Services from a “buy” rating to a “hold” rating in a report on Friday, February 24th. Stifel Nicolaus upped their price objective on Emerge Energy Services to $17.00 in a research note on Wednesday, March 1st. Finally, Goldman Sachs Group Inc raised Emerge Energy Services from a “neutral” rating to a “buy” rating and set a $20.00 price objective for the company in a research note on Friday, January 20th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $19.50.
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About Emerge Energy Services
Emerge Energy Services LP owns, operates, acquires and develops a portfolio of energy service assets. The Company operates through Sand segment. The Company conducts its Sand operations through its subsidiary, Superior Silica Sands LLC (SSS). The Company’s Sand business mines, processes and distributes silica sand, an input for the hydraulic fracturing of oil and gas wells.
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