Dawson Geophysical Co (NASDAQ:DWSN) Given $4.00 Consensus Target Price by Brokerages
Dawson Geophysical Co (NASDAQ:DWSN) has received a consensus broker rating score of 2.00 (Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a buy rating.
Analysts have set a one year consensus price objective of $4.00 for the company and are forecasting that the company will post ($0.41) earnings per share for the current quarter, according to Zacks. Zacks has also given Dawson Geophysical an industry rank of 210 out of 256 based on the ratings given to its competitors.
A number of equities analysts have weighed in on the stock. Zacks Investment Research lowered shares of Forward Air from a “hold” rating to a “sell” rating in a research report on Monday, June 17th. ValuEngine lowered shares of Zosano Pharma from a “buy” rating to a “hold” rating in a research report on Wednesday, May 1st. Finally, Raymond James reiterated a “buy” rating and issued a $21.00 price target on shares of Colfax in a research report on Thursday, May 2nd.
NASDAQ DWSN traded down $0.08 during trading hours on Friday, hitting $2.57. 505 shares of the company’s stock traded hands, compared to its average volume of 178,929. The stock has a fifty day simple moving average of $2.31. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.04 and a quick ratio of 3.04. The firm has a market capitalization of $60.71 million, a price-to-earnings ratio of -2.43 and a beta of 1.14. Dawson Geophysical has a 52 week low of $2.01 and a 52 week high of $7.99.
Dawson Geophysical (NASDAQ:DWSN) last announced its earnings results on Wednesday, May 1st. The oil and gas company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.25) by $0.24. The company had revenue of $51.16 million during the quarter, compared to analyst estimates of $38.05 million. Dawson Geophysical had a negative net margin of 14.69% and a negative return on equity of 18.36%. As a group, equities analysts predict that Dawson Geophysical will post -0.85 earnings per share for the current fiscal year.
Dawson Geophysical Company Profile
Dawson Geophysical Company provides onshore seismic data acquisition services in the United States and Canada. The company acquires and processes 2-D, 3-D, and multi-component seismic data for its clients, including oil and gas companies, and independent oil and gas operators, as well as providers of multi-client data libraries.
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