Emerge Energy Services (NYSE:EMES) was downgraded by Zacks Investment Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Monday.

According to Zacks, “Emerge Energy Services LP is engaged in owning, operation, acquisition and development of energy service assets primarily in the United States. It operates in two business segments: sand and fuel processing and distribution. Emerge Energy Services LP is based in Southlake, Texas. “

Several other equities analysts have also weighed in on EMES. ValuEngine raised Emerge Energy Services from a “strong sell” rating to a “sell” rating in a research note on Tuesday, July 31st. Stifel Nicolaus lowered Emerge Energy Services from a “buy” rating to a “hold” rating in a research note on Thursday, August 2nd. B. Riley cut their target price on Emerge Energy Services from $10.00 to $9.00 and set a “neutral” rating on the stock in a research note on Thursday, August 2nd. Seaport Global Securities reissued a “buy” rating and issued a $11.00 target price on shares of Emerge Energy Services in a research note on Monday, August 6th. Finally, Piper Jaffray Companies reissued a “hold” rating and issued a $7.00 target price on shares of Emerge Energy Services in a research note on Tuesday, August 7th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company’s stock. Emerge Energy Services presently has a consensus rating of “Hold” and an average target price of $7.75.

NYSE:EMES opened at $4.78 on Monday. Emerge Energy Services has a 1-year low of $4.46 and a 1-year high of $10.45. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 2.81. The stock has a market capitalization of $153.00 million, a price-to-earnings ratio of -39.83 and a beta of 1.99.

Emerge Energy Services (NYSE:EMES) last released its earnings results on Wednesday, August 1st. The oil and gas company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.08). Emerge Energy Services had a net margin of 5.19% and a return on equity of 40.78%. The company had revenue of $101.84 million during the quarter, compared to analyst estimates of $122.78 million. During the same period in the previous year, the company posted ($0.11) EPS. The company’s quarterly revenue was up 23.3% compared to the same quarter last year. research analysts anticipate that Emerge Energy Services will post 1.25 EPS for the current year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EMES. Allianz Asset Management GmbH acquired a new stake in shares of Emerge Energy Services during the first quarter worth about $1,048,000. Sanders Morris Harris LLC raised its position in shares of Emerge Energy Services by 156.1% during the second quarter. Sanders Morris Harris LLC now owns 88,600 shares of the oil and gas company’s stock worth $632,000 after purchasing an additional 54,000 shares during the period. GSA Capital Partners LLP raised its position in shares of Emerge Energy Services by 42.1% during the second quarter. GSA Capital Partners LLP now owns 198,162 shares of the oil and gas company’s stock worth $1,413,000 after purchasing an additional 58,700 shares during the period. Finally, Private Advisor Group LLC raised its position in shares of Emerge Energy Services by 88.2% during the second quarter. Private Advisor Group LLC now owns 19,100 shares of the oil and gas company’s stock worth $135,000 after purchasing an additional 8,950 shares during the period. 12.04% of the stock is currently owned by institutional investors.

Emerge Energy Services Company Profile

Emerge Energy Services LP, through its subsidiary, Superior Silica Sands LLC, operates an energy services company in the United States. It engages in mining, producing, and distributing silica sand, which is a primary input for the hydraulic fracturing of oil and natural gas wells. The company serves oilfield services companies, and exploration and production companies that are engaged in hydraulic fracturing.

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