Emerge Energy Services LP (NYSE:EMES) – Stock analysts at Seaport Global Securities lifted their Q4 2017 earnings estimates for shares of Emerge Energy Services in a research note issued to investors on Friday. Seaport Global Securities analyst S. Randhawa now anticipates that the oil and gas company will post earnings of $0.28 per share for the quarter, up from their previous estimate of $0.25. Seaport Global Securities also issued estimates for Emerge Energy Services’ Q1 2018 earnings at $0.35 EPS, Q2 2018 earnings at $0.36 EPS, Q3 2018 earnings at $0.40 EPS, Q4 2018 earnings at $0.39 EPS and FY2018 earnings at $1.49 EPS.

Several other research analysts have also weighed in on the stock. B. Riley assumed coverage on shares of Emerge Energy Services in a report on Wednesday, December 6th. They set a “neutral” rating and a $9.00 price objective on the stock. BidaskClub upgraded shares of Emerge Energy Services from a “sell” rating to a “hold” rating in a report on Thursday, November 9th. Zacks Investment Research upgraded shares of Emerge Energy Services from a “sell” rating to a “hold” rating in a report on Monday, November 6th. Piper Jaffray Companies reiterated a “hold” rating and set a $10.00 price objective on shares of Emerge Energy Services in a report on Friday, November 3rd. Finally, Cowen set a $12.00 price objective on shares of Emerge Energy Services and gave the stock a “hold” rating in a report on Wednesday, October 18th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $15.33.

Emerge Energy Services (NYSE EMES) opened at $7.21 on Monday. Emerge Energy Services has a 1-year low of $5.65 and a 1-year high of $24.45. The company has a debt-to-equity ratio of 3.64, a quick ratio of 1.04 and a current ratio of 1.48.

In other Emerge Energy Services news, Director Mark A. Gottfredson bought 68,850 shares of the company’s stock in a transaction that occurred on Wednesday, November 8th. The stock was purchased at an average price of $8.66 per share, with a total value of $596,241.00. Following the transaction, the director now owns 65,840 shares in the company, valued at $570,174.40. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada increased its position in Emerge Energy Services by 6.6% during the 2nd quarter. Royal Bank of Canada now owns 25,187 shares of the oil and gas company’s stock worth $227,000 after purchasing an additional 1,550 shares in the last quarter. Stifel Financial Corp increased its position in Emerge Energy Services by 13.2% during the 2nd quarter. Stifel Financial Corp now owns 17,433 shares of the oil and gas company’s stock worth $156,000 after purchasing an additional 2,027 shares in the last quarter. California Public Employees Retirement System increased its position in Emerge Energy Services by 1.8% during the 2nd quarter. California Public Employees Retirement System now owns 279,100 shares of the oil and gas company’s stock worth $2,515,000 after purchasing an additional 5,000 shares in the last quarter. Deprince Race & Zollo Inc. increased its position in Emerge Energy Services by 53.8% during the 2nd quarter. Deprince Race & Zollo Inc. now owns 16,000 shares of the oil and gas company’s stock worth $144,000 after purchasing an additional 5,600 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its position in Emerge Energy Services by 22.7% during the 3rd quarter. Russell Investments Group Ltd. now owns 72,736 shares of the oil and gas company’s stock worth $599,000 after purchasing an additional 13,475 shares in the last quarter. 23.46% of the stock is owned by hedge funds and other institutional investors.

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Emerge Energy Services Company Profile

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.

Earnings History and Estimates for Emerge Energy Services (NYSE:EMES)

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