Several analysts have recently updated their ratings and price targets for Mammoth Energy Services (NASDAQ: TUSK):

  • 1/30/2018 – Mammoth Energy Services had its price target raised by analysts at Credit Suisse Group AG from $26.00 to $27.00. They now have an “outperform” rating on the stock.
  • 1/26/2018 – Mammoth Energy Services was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 1/20/2018 – Mammoth Energy Services was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. They now have a $26.00 price target on the stock. According to Zacks, “Mammoth Energy Services, Inc. is an integrated oilfield service company. Its segment consists of Contract Land and Directional Drilling Services; Completion and Production Services; Natural Sand Proppant Services, and Remote Accommodation Services. Mammoth Energy Services, Inc. is based in OKLAHOMA CITY, United States. “
  • 1/20/2018 – Mammoth Energy Services was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 1/9/2018 – Mammoth Energy Services is now covered by analysts at Stephens. They set an “overweight” rating and a $27.00 price target on the stock.
  • 12/27/2017 – Mammoth Energy Services was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.

Mammoth Energy Services Inc (TUSK) traded down $1.00 on Thursday, hitting $20.53. The stock had a trading volume of 81,430 shares, compared to its average volume of 146,860. The company has a quick ratio of 1.39, a current ratio of 1.52 and a debt-to-equity ratio of 0.21. Mammoth Energy Services Inc has a 52-week low of $10.88 and a 52-week high of $25.00. The stock has a market capitalization of $1,011.09, a PE ratio of -11.73 and a beta of 4.46.

Mammoth Energy Services (NASDAQ:TUSK) last posted its earnings results on Wednesday, November 1st. The energy company reported ($0.02) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by ($0.04). Mammoth Energy Services had a negative net margin of 16.41% and a negative return on equity of 2.35%. The business had revenue of $149.30 million for the quarter, compared to analysts’ expectations of $129.58 million. Mammoth Energy Services’s revenue was up 135.9% compared to the same quarter last year. analysts forecast that Mammoth Energy Services Inc will post 0.34 earnings per share for the current fiscal year.

In other news, CEO Arty Straehla sold 25,842 shares of the business’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $18.45, for a total transaction of $476,784.90. Following the transaction, the chief executive officer now directly owns 231,711 shares of the company’s stock, valued at $4,275,067.95. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders have bought 40,000 shares of company stock worth $5,800 over the last three months. Insiders own 0.03% of the company’s stock.

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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