Analysts Set Expectations for Select Water Solutions, Inc.’s Q1 2025 Earnings (NYSE:WTTR)

Select Water Solutions, Inc. (NYSE:WTTR) – Analysts at Northland Capmk upped their Q1 2025 EPS estimates for Select Water Solutions in a research note issued on Wednesday, August 7th. Northland Capmk analyst B. Brooks now expects that the company will post earnings of $0.19 per share for the quarter, up from their previous estimate of $0.18. The consensus estimate for Select Water Solutions’ current full-year earnings is $0.48 per share. Northland Capmk also issued estimates for Select Water Solutions’ Q2 2025 earnings at $0.23 EPS, Q3 2025 earnings at $0.25 EPS and Q4 2025 earnings at $0.30 EPS.

Select Water Solutions (NYSE:WTTR) last issued its quarterly earnings data on Tuesday, July 30th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. The firm had revenue of $365.13 million during the quarter, compared to the consensus estimate of $372.25 million. Select Water Solutions had a net margin of 3.91% and a return on equity of 6.56%. The company’s revenue for the quarter was down 9.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.20 EPS.

WTTR has been the subject of a number of other reports. Citigroup upgraded Select Water Solutions from a “neutral” rating to a “buy” rating and set a $13.00 price objective for the company in a research note on Thursday, May 9th. Northland Securities began coverage on shares of Select Water Solutions in a research note on Monday, April 22nd. They issued a “market perform” rating and a $11.50 price objective for the company.

Select Water Solutions Stock Performance

Shares of WTTR opened at $10.76 on Friday. The business has a 50-day simple moving average of $10.75 and a two-hundred day simple moving average of $9.60. The company has a quick ratio of 1.63, a current ratio of 1.81 and a debt-to-equity ratio of 0.10. Select Water Solutions has a 52 week low of $6.78 and a 52 week high of $12.27. The stock has a market cap of $1.28 billion, a price-to-earnings ratio of 16.55 and a beta of 1.69.

Select Water Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 16th. Investors of record on Monday, August 5th will be issued a $0.06 dividend. The ex-dividend date is Monday, August 5th. This represents a $0.24 dividend on an annualized basis and a yield of 2.23%. Select Water Solutions’s dividend payout ratio is presently 36.92%.

Insiders Place Their Bets

In other news, COO Michael Skarke sold 13,421 shares of Select Water Solutions stock in a transaction that occurred on Monday, May 13th. The shares were sold at an average price of $9.78, for a total transaction of $131,257.38. Following the sale, the chief operating officer now owns 380,981 shares in the company, valued at $3,725,994.18. The transaction was disclosed in a document filed with the SEC, which is available at this link. 8.40% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Select Water Solutions

Several institutional investors have recently bought and sold shares of WTTR. GAMMA Investing LLC boosted its holdings in shares of Select Water Solutions by 57.3% during the 2nd quarter. GAMMA Investing LLC now owns 3,008 shares of the company’s stock valued at $32,000 after purchasing an additional 1,096 shares during the last quarter. Innealta Capital LLC bought a new position in Select Water Solutions during the second quarter valued at approximately $34,000. CWM LLC grew its holdings in Select Water Solutions by 55.2% during the 2nd quarter. CWM LLC now owns 4,204 shares of the company’s stock valued at $45,000 after buying an additional 1,496 shares in the last quarter. New York State Teachers Retirement System bought a new stake in Select Water Solutions in the 4th quarter worth approximately $54,000. Finally, ProShare Advisors LLC raised its holdings in shares of Select Water Solutions by 8.6% during the 1st quarter. ProShare Advisors LLC now owns 14,356 shares of the company’s stock worth $133,000 after acquiring an additional 1,131 shares in the last quarter. 81.73% of the stock is owned by hedge funds and other institutional investors.

About Select Water Solutions

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.