What is Natural Gas Services Group's stock price target for 2024?

0 Wall Street research analysts have issued twelve-month price objectives for Natural Gas Services Group's stock. Their NGS share price targets range from $26.00 to $26.00. On average, they expect the company's share price to reach $26.00 in the next twelve months. This suggests a possible upside of 67.4% from the stock's current price. View analysts price targets for NGS or view top-rated stocks among Wall Street analysts .

How have NGS shares performed in 2023?

Natural Gas Services Group's stock was trading at $11.46 at the beginning of the year. Since then, NGS shares have increased by 35.5% and is now trading at $15.53. View the best growth stocks for 2023 here .

Are investors shorting Natural Gas Services Group?

Natural Gas Services Group saw a increase in short interest in November. As of November 15th, there was short interest totaling 70,900 shares, an increase of 17.4% from the October 31st total of 60,400 shares. Based on an average trading volume of 37,400 shares, the days-to-cover ratio is currently 1.9 days. Currently, 0.8% of the company's shares are short sold. View Natural Gas Services Group's Short Interest .

When is Natural Gas Services Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, March 29th 2024. View our NGS earnings forecast .

How were Natural Gas Services Group's earnings last quarter?

Natural Gas Services Group, Inc. (NYSE:NGS) posted its earnings results on Thursday, November, 11th. The oil and gas company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.07) by $0.03. The oil and gas company had revenue of $18.25 million for the quarter. Natural Gas Services Group had a trailing twelve-month return on equity of 1.31% and a net margin of 2.09%.

What other stocks do shareholders of Natural Gas Services Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Natural Gas Services Group investors own include Energy Transfer (ET) , Bank of America (BAC) , B&G Foods (BGS) , Pfizer (PFE) , Royal Gold (RGLD) , Carnival Co. & (CCL) , Delta Air Lines (DAL) , FuelCell Energy (FCEL) , Oasis Petroleum (OAS) and Sorrento Therapeutics (SRNE) .

Who are Natural Gas Services Group's major shareholders?

Natural Gas Services Group's stock is owned by many different institutional and retail investors. Top institutional investors include Pacific Ridge Capital Partners LLC (5.05%), Ameriprise Financial Inc. (4.27%), Acuitas Investments LLC (1.61%), EAM Investors LLC (0.80%), Boston Partners (0.53%) and Victory Capital Management Inc. (0.42%). Insiders that own company stock include James R Hazlett , John Chisholm , Leslie Ann Beyer and Stephen Charles Taylor. View institutional ownership trends .

How do I buy shares of Natural Gas Services Group?

Shares of NGS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Natural Gas Services Group Stock Price, News & Analysis (NYSE:NGS)

$15.53

+0.23 (+1.50%)

(As of 12/1/2023 ET)

Compare

Today's Range: $15.13
▼
$15.73
50-Day Range: $12.99
▼
$15.88
52-Week Range: $9.41
▼
$16.25

Volume: 32,558 shs
Average Volume: 31,878 shs
Market Capitalization: $193.19 million

P/E Ratio: 81.74
Dividend Yield: N/A
Price Target: $26.00

Natural Gas Services Group MarketRank™ Stock Analysis

Analyst Rating: 0.00 Rating Score
Upside/Downside: 67.4% Upside
$26.00 Price Target
Short Interest: Healthy
0.75% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.50
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.62 out of 5 stars

Oils/Energy Sector

200th out of 229 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

16th out of 17 stocks

2.0

Analyst's Opinion

Price Target Upside/Downside
According to analysts' consensus price target of $26.00, Natural Gas Services Group has a forecasted upside of 67.4% from its current price of $15.53.
Amount of Analyst Coverage
Natural Gas Services Group has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.75% of the float of Natural Gas Services Group has been sold short.
Short Interest Ratio / Days to Cover
Natural Gas Services Group has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Natural Gas Services Group has recently increased by 17.38%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Natural Gas Services Group does not currently pay a dividend.
Dividend Growth
Natural Gas Services Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NGS.

1.4

News and Social Media Coverage

News Sentiment
Natural Gas Services Group has a news sentiment score of -0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.47 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Natural Gas Services Group this week, compared to 1 article on an average week.
Search Interest
2 people have searched for NGS on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Natural Gas Services Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Natural Gas Services Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 6.93% of the stock of Natural Gas Services Group is held by insiders.
Percentage Held by Institutions
72.18% of the stock of Natural Gas Services Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Natural Gas Services Group is 81.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.74.
Price to Earnings Ratio vs. Sector
The P/E ratio of Natural Gas Services Group is 81.74, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.66.
Price to Book Value per Share Ratio
Natural Gas Services Group has a P/B Ratio of 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Natural Gas Services Group Stock (NYSE:NGS)

Natural Gas Services Group, Inc. provides natural gas compression services and equipment to the energy industry in the United States. It fabricates, manufactures, rents, sells, and maintains natural gas compressors and flare systems for oil and natural gas production and plant facilities. The company primarily engages in the rental of compression units that provide small, medium, and large horsepower applications for unconventional oil and natural gas production. As of December 31, 2022, the company had 1,869 natural gas compression units in its rental fleet with 425,340 horsepower. The company also engages in the design, fabrication, and assembly of compressor components into compressor units for rental or sale; engineers and fabricates natural gas compressors; and designs and manufactures a line of reciprocating compressor frames, cylinders, and parts. In addition, it is involved in the design, fabrication, sale, installation, and service of flare stacks and related ignition and control devices for the onshore and offshore incineration of gas compounds, such as hydrogen sulfide, carbon dioxide, natural gas, and liquefied petroleum gases. Further, the company offers customer support services for its compressor and flare sales business; and exchange and rebuild program for small horsepower screw compressors. Its primary customers are exploration and production (E&P) companies that utilize compressor units for artificial lift applications; E&P companies that focuses on natural gas-weighted production; and midstream companies. Natural Gas Services Group, Inc. was incorporated in 1998 and is headquartered in Midland, Texas.

NGS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NGS Stock News Headlines

December 1, 2023 | americanbankingnews.com

Natural Gas Services Group (NYSE:NGS) Stock Price Passes Above 200 Day Moving Average of $11.81

November 20, 2023 | finance.yahoo.com

Natural Gas Services Group, Inc. (NYSE:NGS) Q3 2023 Earnings Call Transcript

December 3, 2023 | DTI Trader (Ad)

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November 14, 2023 | finance.yahoo.com

Natural Gas Services Group Inc (NGS) Reports Significant Revenue and Net Income Growth in Q3 2023

November 14, 2023 | benzinga.com

Natural Gas Services Gr: Q3 Earnings Insights

November 14, 2023 | finance.yahoo.com

Natural Gas Services Group, Inc. Reports its Third Quarter 2023 Financial and Operating Results

November 9, 2023 | morningstar.com

Natural Gas Services Group Inc NGS

November 6, 2023 | finance.yahoo.com

Natural Gas Services Group, Inc. Announces Third Quarter 2023 Earnings Call

December 3, 2023 | DTI Trader (Ad)

All the trading advice you’ve ever received boils down to this

October 30, 2023 | finance.yahoo.com

Natural Gas Services Group, Inc. Announces the Addition of a New Director to its Board of Directors

October 16, 2023 | finance.yahoo.com

Investing in Natural Gas Services Group (NYSE:NGS) three years ago would have delivered you a 58% gain

October 10, 2023 | finance.yahoo.com

Natural Gas Services Group, Inc. Announces Appointment of Brian L. Tucker as President and Chief Operating Officer

October 10, 2023 | msn.com

Natural Gas: Compressor Diversification And Geographic Expansion Make It A Buy

September 25, 2023 | finance.yahoo.com

Natural Gas Services Group (NYSE:NGS) Might Have The Makings Of A Multi-Bagger

August 18, 2023 | markets.businessinsider.com

Maxim Group Keeps Their Buy Rating on Natural Gas Services Group (NGS)

August 16, 2023 | markets.businessinsider.com

Lake Street Reaffirms Their Buy Rating on Natural Gas Services Group (NGS)

August 16, 2023 | finance.yahoo.com

Q2 2023 Natural Gas Services Group Inc Earnings Call

August 8, 2023 | finance.yahoo.com

Natural Gas Services Group Inc. Announces Second-Quarter 2023 Earnings Call

July 24, 2023 | finance.yahoo.com

Natural Gas Services Group, Inc. (NYSE:NGS) is largely controlled by institutional shareholders who own 55% of the company

July 6, 2023 | finance.yahoo.com

Palm Valley Capital Fund Exited Natural Gas Services Group (NGS) on its Aggressive Expansion Plans

July 6, 2023 | msn.com

Natural Gas Services Pushes Ahead Despite The Headwinds

July 5, 2023 | finance.yahoo.com

Natural Gas Services Group, Inc. Announces Extension of Interim Chief Executive Officer Tenure and Appointment of Lead Independent Director

May 19, 2023 | markets.businessinsider.com

Natural Gas Services Group (NGS) Receives a Buy from Maxim Group

May 19, 2023 | finance.yahoo.com

Is Natural Gas Services Group, Inc. (NYSE:NGS) Trading At A 45% Discount?

May 18, 2023 | msn.com

Lake Street Maintains Natural Gas Services Group (NGS) Buy Recommendation

May 17, 2023 | finance.yahoo.com

Q1 2023 Natural Gas Services Group Inc Earnings Call

May 15, 2023 | msn.com

Natural Gas Services GAAP EPS of -$0.03, revenue of $22.7M

See More Headlines

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Company Calendar

Last Earnings: 11/11/2021
Today: 12/02/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/29/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Oil & gas field services, not elsewhere classified
Sub-Industry: Oil & Gas Equipment & Services
Sector: Oils/Energy
Current Symbol: NYSE:NGS
CUSIP: 63886Q10
CIK: 1084991
Web: www.ngsgi.com
Phone: (432) 262-2700
Fax: 432-262-2701
Employees: 266
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $26.00
High Stock Price Target: $26.00
Low Stock Price Target: $26.00
Potential Upside/Downside: +67.4%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.19
Trailing P/E Ratio: 81.74
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-570,000.00
Net Margins: 2.09%
Pretax Margin: 3.70%
Return on Equity: 1.31%
Return on Assets: 0.77%

Debt

Debt-to-Equity Ratio: 0.55
Current Ratio: 1.49
Quick Ratio: 0.91

Sales & Book Value

Annual Sales: $107.47 million
Price / Sales: 1.80
Cash Flow: $1.94 per share
Price / Cash Flow: 8.00
Book Value: $18.81 per share
Price / Book: 0.83

Miscellaneous

Outstanding Shares: 12,437,000
Free Float: 11,575,000
Market Cap: $193.15 million
Optionable: Optionable
Beta: 1.14

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Key Executives

Mr. Stephen C. Taylor (Age 69)
Interim CEO & Chairman
Comp: $636.45k
Mr. James R. Hazlett (Age 67)
VP & Chief Technical Officer
Comp: $407.56k
Mr. Brian L. Tucker (Age 49)
COO & President
Mr. John Bittner (Age 56)
Interim CFO & Interim Principal Financial Officer
Ms. Alicia Dada
Investor Relations Coordinator
Kyle Krueger
Owner of apollo capital

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

NGS Stock Analysis - Frequently Asked Questions

What is Natural Gas Services Group's stock price target for 2024?: 0 Wall Street research analysts have issued twelve-month price objectives for Natural Gas Services Group's stock. Their NGS share price targets range from $26.00 to $26.00. On average, they expect the company's share price to reach $26.00 in the next twelve months. This suggests a possible upside of 67.4% from the stock's current price.
View analysts price targets for NGS or view top-rated stocks among Wall Street analysts.
How have NGS shares performed in 2023?: Natural Gas Services Group's stock was trading at $11.46 at the beginning of the year. Since then, NGS shares have increased by 35.5% and is now trading at $15.53.
View the best growth stocks for 2023 here.
Are investors shorting Natural Gas Services Group?: Natural Gas Services Group saw a increase in short interest in November. As of November 15th, there was short interest totaling 70,900 shares, an increase of 17.4% from the October 31st total of 60,400 shares. Based on an average trading volume of 37,400 shares, the days-to-cover ratio is currently 1.9 days. Currently, 0.8% of the company's shares are short sold.
View Natural Gas Services Group's Short Interest.
When is Natural Gas Services Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, March 29th 2024.
View our NGS earnings forecast.

How were Natural Gas Services Group's earnings last quarter?: Natural Gas Services Group, Inc. (NYSE:NGS) posted its earnings results on Thursday, November, 11th. The oil and gas company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.07) by $0.03. The oil and gas company had revenue of $18.25 million for the quarter. Natural Gas Services Group had a trailing twelve-month return on equity of 1.31% and a net margin of 2.09%.
What other stocks do shareholders of Natural Gas Services Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Natural Gas Services Group investors own include Energy Transfer (ET), Bank of America (BAC), B&G Foods (BGS), Pfizer (PFE), Royal Gold (RGLD), Carnival Co. & (CCL), Delta Air Lines (DAL), FuelCell Energy (FCEL), Oasis Petroleum (OAS) and Sorrento Therapeutics (SRNE).
Who are Natural Gas Services Group's major shareholders?: Natural Gas Services Group's stock is owned by many different institutional and retail investors. Top institutional investors include Pacific Ridge Capital Partners LLC (5.05%), Ameriprise Financial Inc. (4.27%), Acuitas Investments LLC (1.61%), EAM Investors LLC (0.80%), Boston Partners (0.53%) and Victory Capital Management Inc. (0.42%). Insiders that own company stock include James R Hazlett, John Chisholm, Leslie Ann Beyer and Stephen Charles Taylor.
View institutional ownership trends.
How do I buy shares of Natural Gas Services Group?: Shares of NGS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:NGS) was last updated on 12/3/2023 by MarketBeat.com Staff

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