Mammooth Energy (TUSK) Receives Daily Media Sentiment Rating of 0.20
Media headlines about Mammooth Energy (NASDAQ:TUSK) have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Mammooth Energy earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave media coverage about the energy company an impact score of 44.74574495665 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Mammooth Energy (NASDAQ TUSK) traded up 2.32% during midday trading on Friday, hitting $15.91. 44,331 shares of the stock traded hands. The firm has a 50-day moving average price of $14.75 and a 200 day moving average price of $14.75. The stock has a market cap of $708.03 million and a price-to-earnings ratio of 171.08. Mammooth Energy has a one year low of $11.91 and a one year high of $24.54.
Mammooth Energy (NASDAQ:TUSK) last posted its quarterly earnings results on Wednesday, August 2nd. The energy company reported ($0.03) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.08) by $0.05. Mammooth Energy had a negative net margin of 21.65% and a negative return on equity of 3.04%. The business had revenue of $98.26 million during the quarter, compared to analyst estimates of $92.14 million. Mammooth Energy’s revenue for the quarter was up 42.1% compared to the same quarter last year. Analysts anticipate that Mammooth Energy will post ($0.07) earnings per share for the current year.
Several research firms have issued reports on TUSK. Zacks Investment Research downgraded shares of Mammooth Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, June 6th. Piper Jaffray Companies restated a “buy” rating and issued a $19.00 price objective (down previously from $22.00) on shares of Mammooth Energy in a research note on Wednesday, July 12th. Barclays PLC downgraded shares of Mammooth Energy from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $26.00 to $17.00 in a research note on Wednesday, July 12th. R. F. Lafferty began coverage on shares of Mammooth Energy in a research note on Wednesday, June 14th. They issued a “buy” rating and a $37.00 price objective for the company. Finally, Credit Suisse Group restated an “outperform” rating and issued a $18.00 price objective (down previously from $25.00) on shares of Mammooth Energy in a research note on Tuesday, August 8th. They noted that the move was a valuation call. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $22.55.
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In other Mammooth Energy news, Director James D. Palm purchased 6,000 shares of the firm’s stock in a transaction dated Friday, August 25th. The stock was acquired at an average cost of $12.75 per share, with a total value of $76,500.00. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.03% of the company’s stock.
Mammooth Energy Company Profile
Mammoth Energy Services, Inc is an integrated oilfield service company. The Company is engaged in the exploration and development of North American onshore unconventional oil and natural gas reserves. The Company’s segments include Contract Land and Directional Drilling Services; Completion and Production Services; Natural Sand Proppant Services, and Remote Accommodation Services.
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