Natural Gas Services Group (NYSE:NGS - Get Free Report) announced its quarterly earnings results on Monday. The oil and gas company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.11, Zacks reports. Natural Gas Services Group had a return on equity of 6.60% and a net margin of 10.55%.
Natural Gas Services Group Stock Up 5.8%
Shares of Natural Gas Services Group stock traded up $1.19 during midday trading on Monday, hitting $21.65. The company had a trading volume of 86,534 shares, compared to its average volume of 74,026. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.16 and a current ratio of 1.76. The stock has a market capitalization of $270.93 million, a P/E ratio of 16.91 and a beta of 0.53. The company has a 50 day moving average of $20.22 and a 200 day moving average of $23.87. Natural Gas Services Group has a 52-week low of $16.70 and a 52-week high of $29.74.
Analysts Set New Price Targets
NGS has been the subject of several recent analyst reports. Raymond James restated a "strong-buy" rating and set a $32.00 target price (down from $33.00) on shares of Natural Gas Services Group in a research report on Wednesday, March 19th. StockNews.com upgraded Natural Gas Services Group from a "sell" rating to a "hold" rating in a report on Tuesday, April 15th.
Get Our Latest Stock Report on NGS
Natural Gas Services Group Company Profile
(
Get Free Report)
Natural Gas Services Group, Inc provides natural gas compression equipment and services to the energy industry in the United States. It engineers and fabricates, operates, rents, and maintains natural gas compressors for oil and natural gas production and plant facilities. It also designs, fabricates, and assembles compressor units for rental or sale; and designs, manufactures, and sells a line of reciprocating natural gas compressor frames, cylinders, and parts.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Natural Gas Services Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Natural Gas Services Group wasn't on the list.
While Natural Gas Services Group currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
