ValuEngine upgraded shares of Natural Gas Services Group (NYSE:NGS) from a sell rating to a hold rating in a research report released on Saturday morning.

A number of other analysts also recently commented on the company. Capital One reiterated an overweight rating on shares of Natural Gas Services Group in a research report on Thursday, March 8th. Zacks Investment Research downgraded Natural Gas Services Group from a hold rating to a sell rating in a research report on Wednesday, February 28th. TheStreet upgraded Natural Gas Services Group from a c+ rating to a b rating in a research report on Friday, March 9th. Finally, Seaport Global Securities reiterated a buy rating and issued a $29.00 price objective on shares of Natural Gas Services Group in a research report on Friday, March 9th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. The company presently has an average rating of Hold and an average price target of $28.00.

Shares of NGS stock opened at $26.55 on Friday. Natural Gas Services Group has a 12 month low of $22.40 and a 12 month high of $29.55. The company has a market capitalization of $343.58, a price-to-earnings ratio of 241.36 and a beta of 1.24.

Natural Gas Services Group (NYSE:NGS) last announced its quarterly earnings data on Thursday, March 8th. The oil and gas company reported $0.03 EPS for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.01). Natural Gas Services Group had a return on equity of 0.62% and a net margin of 29.31%. The firm had revenue of $16.70 million during the quarter, compared to the consensus estimate of $16.77 million. sell-side analysts expect that Natural Gas Services Group will post 0.34 earnings per share for the current fiscal year.

In related news, Director David L. Bradshaw sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, March 13th. The stock was sold at an average price of $27.29, for a total transaction of $68,225.00. Following the completion of the transaction, the director now owns 17,353 shares in the company, valued at approximately $473,563.37. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP James R. Hazlett sold 1,890 shares of the firm’s stock in a transaction that occurred on Wednesday, January 24th. The stock was sold at an average price of $28.95, for a total value of $54,715.50. Following the transaction, the vice president now owns 45,141 shares of the company’s stock, valued at approximately $1,306,831.95. The disclosure for this sale can be found here. Insiders have sold a total of 23,767 shares of company stock valued at $592,057 in the last 90 days. 6.88% of the stock is owned by corporate insiders.

Institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. lifted its position in shares of Natural Gas Services Group by 875.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 140,925 shares of the oil and gas company’s stock worth $4,122,000 after buying an additional 126,471 shares during the period. Franklin Resources Inc. increased its holdings in Natural Gas Services Group by 3.3% during the 4th quarter. Franklin Resources Inc. now owns 977,034 shares of the oil and gas company’s stock valued at $25,598,000 after purchasing an additional 31,012 shares in the last quarter. Pacific Ridge Capital Partners LLC increased its holdings in Natural Gas Services Group by 16.9% during the 4th quarter. Pacific Ridge Capital Partners LLC now owns 125,368 shares of the oil and gas company’s stock valued at $3,285,000 after purchasing an additional 18,160 shares in the last quarter. Crestline Management LP acquired a new stake in Natural Gas Services Group during the 4th quarter valued at $417,000. Finally, Russell Investments Group Ltd. increased its holdings in Natural Gas Services Group by 56.8% during the 3rd quarter. Russell Investments Group Ltd. now owns 43,264 shares of the oil and gas company’s stock valued at $1,229,000 after purchasing an additional 15,664 shares in the last quarter. Institutional investors and hedge funds own 90.92% of the company’s stock.

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Natural Gas Services Group Company Profile

Natural Gas Services Group, Inc provides gas compression equipment and services to the natural gas and oil industry in the United States. The company engages in the rental of small to medium horsepower compression equipment to non-conventional natural gas and oil production businesses. As of December 31, 2017, it had 2,546 natural gas compressors in its rental fleet totaling 369,961 horsepower.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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