Superior Energy Services (SPN) Given Daily News Sentiment Score of 0.21
News articles about Superior Energy Services (NYSE:SPN) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Superior Energy Services earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave headlines about the oil and gas company an impact score of 46.4128909605734 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- What’s Real Worth Of O’Reilly Automotive, Inc. (ORLY), Superior Energy Services, Inc. (SPN) – AllStockNews (allstocknews.com)
- Bank of America Corporation (BAC) noted a price change of -0.21% and Superior Energy Services, Inc. (SPN) closes … – Stocks Gallery (stocksgallery.com)
- Why Superior Energy Services’ Free Cash Growth Beats Peers’ – Market Realist (marketrealist.com)
- Wall Street Targets for the Best and Worst Oilfield Service Stocks (finance.yahoo.com)
- Zacks: Brokerages Expect Superior Energy Services, Inc. (SPN) Will Announce Earnings of -$0.31 Per Share (americanbankingnews.com)
Shares of Superior Energy Services (NYSE:SPN) traded down 0.12% on Wednesday, hitting $8.21. 2,704,833 shares of the stock were exchanged. The stock’s market cap is $1.26 billion. Superior Energy Services has a 52-week low of $7.96 and a 52-week high of $19.39. The company’s 50 day moving average is $9.93 and its 200-day moving average is $12.22.
Superior Energy Services (NYSE:SPN) last released its quarterly earnings results on Tuesday, July 25th. The oil and gas company reported ($0.41) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.48) by $0.07. The firm had revenue of $470.07 million during the quarter, compared to analysts’ expectations of $465.75 million. Superior Energy Services had a negative return on equity of 28.82% and a negative net margin of 31.24%. Superior Energy Services’s quarterly revenue was up 31.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($3.09) EPS. Analysts predict that Superior Energy Services will post ($1.57) EPS for the current fiscal year.
A number of equities research analysts recently weighed in on SPN shares. Barclays PLC lowered shares of Superior Energy Services from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $18.00 to $11.00 in a report on Wednesday, July 12th. Morgan Stanley reiterated an “equal weight” rating and set a $14.00 price objective (down previously from $30.00) on shares of Superior Energy Services in a report on Wednesday, June 21st. BMO Capital Markets decreased their price objective on shares of Superior Energy Services from $16.00 to $15.00 and set a “market perform” rating for the company in a report on Tuesday, May 2nd. Deutsche Bank AG reiterated a “buy” rating and set a $15.00 price objective (down previously from $22.00) on shares of Superior Energy Services in a report on Thursday, July 27th. Finally, BidaskClub lowered shares of Superior Energy Services from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $16.33.
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