Select Water Solutions (WTTR) Projected to Post Quarterly Earnings on Tuesday

Select Water Solutions (NYSE:WTTR - Get Free Report) is projected to announce its Q1 2025 earnings results after the market closes on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.07 per share and revenue of $360.78 million for the quarter.

Select Water Solutions (NYSE:WTTR - Get Free Report) last issued its quarterly earnings results on Tuesday, February 18th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.13 by ($0.14). Select Water Solutions had a return on equity of 3.48% and a net margin of 2.11%. The company had revenue of $349.05 million during the quarter, compared to the consensus estimate of $333.62 million. On average, analysts expect Select Water Solutions to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Select Water Solutions Trading Up 1.8 %

WTTR stock traded up $0.16 during mid-day trading on Friday, reaching $8.88. 665,161 shares of the stock traded hands, compared to its average volume of 1,082,823. Select Water Solutions has a one year low of $7.58 and a one year high of $15.14. The stock has a market capitalization of $1.06 billion, a PE ratio of 29.58 and a beta of 1.28. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 1.65. The business has a 50-day moving average price of $9.52 and a two-hundred day moving average price of $11.90.

Select Water Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 16th. Investors of record on Tuesday, May 6th will be issued a dividend of $0.07 per share. The ex-dividend date is Tuesday, May 6th. This represents a $0.28 annualized dividend and a yield of 3.15%. Select Water Solutions's payout ratio is 93.33%.

Insider Transactions at Select Water Solutions

In related news, CEO John Schmitz sold 73,450 shares of the stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $13.03, for a total value of $957,053.50. Following the transaction, the chief executive officer now owns 2,825,128 shares of the company's stock, valued at $36,811,417.84. This represents a 2.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 8.40% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Citigroup boosted their target price on Select Water Solutions from $14.00 to $18.00 and gave the company a "buy" rating in a research report on Friday, January 10th.

Select Water Solutions Company Profile

Select Water Solutions, Inc, together with its subsidiaries, provides water management and chemical solutions to the energy industry in the United States. The company operates through three segments: Water Services, Water Infrastructure, and Chemical Technologies. The Water Services segment provides water-related services, including water sourcing, water transfer, flowback and well testing, water containment, fluids hauling, water monitoring, and water network automation; technology solutions comprising hydrographic mapping, water volume and quality monitoring, remote pit and tank monitoring, leak detection, asset and fuel tracking, and automated-equipment services, as well as various surface rental equipment and workforce accommodation services.