Natural Gas Services Group (NGS) Earning Positive News Coverage, Report Finds
Press coverage about Natural Gas Services Group (NYSE:NGS) has been trending positive on Sunday, Accern Sentiment reports. The research group ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Natural Gas Services Group earned a media sentiment score of 0.33 on Accern’s scale. Accern also assigned news articles about the oil and gas company an impact score of 46.3195398801337 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- $18.19 Million in Sales Expected for Natural Gas Services Group, Inc. (NGS) This Quarter (americanbankingnews.com)
- Scorching-hot American Midwest burns the most Canadian gas since May (worldoil.com)
- Scorching-Hot Midwest Burns the Most Canadian Gas Since May (1) (washpost.bloomberg.com)
- Natural Gas Services Group, Inc. breached its 50 day moving average in a Bearish Manner : NGS-US : September 18, 2017 (finance.yahoo.com)
A number of equities research analysts have issued reports on NGS shares. Seaport Global Securities reaffirmed a “buy” rating on shares of Natural Gas Services Group in a research report on Friday, August 4th. Zacks Investment Research raised shares of Natural Gas Services Group from a “sell” rating to a “hold” rating in a research report on Tuesday, August 22nd. ValuEngine raised shares of Natural Gas Services Group from a “sell” rating to a “hold” rating in a research report on Wednesday, May 31st. Finally, Imperial Capital started coverage on shares of Natural Gas Services Group in a research report on Wednesday, August 23rd. They issued an “outperform” rating and a $27.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Natural Gas Services Group currently has a consensus rating of “Buy” and an average price target of $31.25.
Natural Gas Services Group (NYSE:NGS) traded up 2.78% on Friday, hitting $25.85. 30,684 shares of the stock were exchanged. Natural Gas Services Group has a 12 month low of $20.65 and a 12 month high of $34.50. The stock has a market cap of $334.42 million, a price-to-earnings ratio of 100.19 and a beta of 1.26. The company has a 50-day moving average of $24.03 and a 200-day moving average of $25.58.
Natural Gas Services Group (NYSE:NGS) last issued its quarterly earnings data on Thursday, August 3rd. The oil and gas company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.04). The firm had revenue of $16.20 million for the quarter, compared to analyst estimates of $16.03 million. Natural Gas Services Group had a return on equity of 0.64% and a net margin of 2.31%. Natural Gas Services Group’s revenue for the quarter was down 5.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.10 EPS. On average, equities analysts predict that Natural Gas Services Group will post $0.18 EPS for the current year.
In other news, CEO Stephen Charles Taylor sold 12,000 shares of the firm’s stock in a transaction that occurred on Monday, July 3rd. The shares were sold at an average price of $24.99, for a total transaction of $299,880.00. Following the sale, the chief executive officer now owns 284,245 shares of the company’s stock, valued at approximately $7,103,282.55. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 6.88% of the stock is owned by company insiders.
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Natural Gas Services Group Company Profile
Natural Gas Services Group, Inc is a provider of small to medium horsepower compression equipment to the natural gas industry. The Company focuses primarily on the non-conventional natural gas and oil production business in the United States, such as coal bed methane, gas shale, tight gas and oil shales.
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