News articles about Emerge Energy Services (NYSE:EMES) have been trending somewhat positive recently, according to Accern. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Emerge Energy Services earned a media sentiment score of 0.02 on Accern’s scale. Accern also assigned news coverage about the oil and gas company an impact score of 47.4666925629276 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Emerge Energy Services (EMES) Raised to “Hold” at BidaskClub (americanbankingnews.com)
- ValuEngine Downgrades Emerge Energy Services (EMES) to Strong Sell (americanbankingnews.com)
- Emerge Energy Services (EMES) Given a $9.00 Price Target by Piper Jaffray Analysts (americanbankingnews.com)
- $103.28 Million in Sales Expected for Emerge Energy Services LP (EMES) This Quarter (americanbankingnews.com)
Several equities research analysts have recently issued reports on EMES shares. Piper Jaffray reaffirmed a “hold” rating and set a $8.75 price objective on shares of Emerge Energy Services in a research report on Tuesday, December 26th. ValuEngine downgraded shares of Emerge Energy Services from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. Zacks Investment Research downgraded shares of Emerge Energy Services from a “hold” rating to a “sell” rating in a report on Tuesday, February 27th. B. Riley lifted their target price on shares of Emerge Energy Services from $9.00 to $10.00 and gave the company a “neutral” rating in a report on Wednesday, February 28th. Finally, Stifel Nicolaus decreased their price objective on shares of Emerge Energy Services from $13.00 to $11.00 and set a “buy” rating on the stock in a report on Tuesday, February 27th. One analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $13.25.
Emerge Energy Services (NYSE:EMES) last announced its quarterly earnings results on Monday, February 26th. The oil and gas company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.13). The business had revenue of $103.14 million during the quarter, compared to analysts’ expectations of $114.36 million. Emerge Energy Services had a negative net margin of 1.88% and a negative return on equity of 8.54%. The firm’s revenue for the quarter was up 142.0% on a year-over-year basis. During the same period last year, the company earned ($0.80) EPS. equities analysts predict that Emerge Energy Services will post 1.38 EPS for the current fiscal year.
Emerge Energy Services Company Profile
Emerge Energy Services LP owns, operates, acquires and develops a portfolio of energy service assets. The Company operates through Sand segment. The Company conducts its Sand operations through its subsidiary, Superior Silica Sands LLC (SSS). The Company’s Sand business mines, processes and distributes silica sand, an input for the hydraulic fracturing of oil and gas wells.
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