Equities analysts expect Cypress Energy Partners (NYSE:CELP) to announce $0.08 earnings per share for the current quarter, according to Zacks. Two analysts have made estimates for Cypress Energy Partners’ earnings. Cypress Energy Partners reported earnings per share of ($0.06) in the same quarter last year, which indicates a positive year over year growth rate of 233.3%. The business is scheduled to announce its next quarterly earnings results on Thursday, May 10th.

According to Zacks, analysts expect that Cypress Energy Partners will report full-year earnings of $0.37 per share for the current financial year, with EPS estimates ranging from $0.22 to $0.52. Zacks’ EPS calculations are a mean average based on a survey of research firms that cover Cypress Energy Partners.

Cypress Energy Partners (NYSE:CELP) last issued its quarterly earnings results on Thursday, March 22nd. The oil and gas company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.13. The company had revenue of $69.37 million for the quarter, compared to the consensus estimate of $73.27 million. Cypress Energy Partners had a return on equity of 46.27% and a net margin of 0.81%.

A number of brokerages have issued reports on CELP. Zacks Investment Research upgraded Cypress Energy Partners from a “hold” rating to a “buy” rating and set a $8.00 price target on the stock in a research report on Friday, January 19th. Robert W. Baird reiterated a “hold” rating and set a $6.00 price target on shares of Cypress Energy Partners in a research report on Monday, April 2nd. Finally, ValuEngine downgraded Cypress Energy Partners from a “hold” rating to a “sell” rating in a research report on Tuesday, April 3rd. One investment analyst has rated the stock with a sell rating and three have issued a hold rating to the company’s stock. Cypress Energy Partners has an average rating of “Hold” and a consensus price target of $7.00.

An institutional investor recently raised its position in Cypress Energy Partners stock. Raymond James & Associates raised its position in shares of Cypress Energy Partners (NYSE:CELP) by 140.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,400 shares of the oil and gas company’s stock after acquiring an additional 18,900 shares during the quarter. Raymond James & Associates owned approximately 0.27% of Cypress Energy Partners worth $194,000 as of its most recent SEC filing. Institutional investors own 1.38% of the company’s stock.

CELP stock traded down $0.02 during mid-day trading on Monday, reaching $6.43. 5,210 shares of the company’s stock were exchanged, compared to its average volume of 21,078. The company has a market capitalization of $76.69, a P/E ratio of 12.86 and a beta of 1.60. Cypress Energy Partners has a 12-month low of $5.50 and a 12-month high of $8.98.

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Cypress Energy Partners Company Profile

Cypress Energy Partners, L.P. provides pipeline inspection and integrity, and environmental services in North America. It operates in three segments: Pipeline Inspection Services (PIS), Integrity Services (IS), and Water and Environmental Services (W&ES). The PIS segment offers independent inspection services for various facilities and equipment, such as transmission pipelines, oil and natural gas gathering systems, pump and compressor stations, storage facilities and terminals, and gas distribution systems.

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