Eco-Stim Energy Solutions (NASDAQ:ESES) received a $3.00 price target from investment analysts at B. Riley in a research note issued to investors on Tuesday. The brokerage currently has a “buy” rating on the oil and gas company’s stock. B. Riley’s price target would indicate a potential upside of 150.00% from the stock’s current price.

ESES has been the subject of several other research reports. Imperial Capital assumed coverage on Eco-Stim Energy Solutions in a research note on Thursday, November 30th. They set an “outperform” rating and a $2.00 price target for the company. Zacks Investment Research downgraded Eco-Stim Energy Solutions from a “hold” rating to a “sell” rating in a research note on Wednesday, November 15th. Finally, Seaport Global Securities raised Eco-Stim Energy Solutions from a “neutral” rating to a “buy” rating in a research note on Wednesday, December 20th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $2.22.

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Shares of Eco-Stim Energy Solutions (NASDAQ ESES) opened at $1.20 on Tuesday. The company has a market cap of $89.45, a price-to-earnings ratio of -1.38 and a beta of 2.08. Eco-Stim Energy Solutions has a 1 year low of $1.00 and a 1 year high of $1.97. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.33 and a current ratio of 1.50.

Eco-Stim Energy Solutions (NASDAQ:ESES) last issued its earnings results on Friday, March 9th. The oil and gas company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.04). The company had revenue of $19.81 million for the quarter, compared to analysts’ expectations of $21.86 million. Eco-Stim Energy Solutions had a negative return on equity of 40.28% and a negative net margin of 61.22%. sell-side analysts predict that Eco-Stim Energy Solutions will post 0.1 earnings per share for the current fiscal year.

Large investors have recently added to or reduced their stakes in the company. B. Riley Financial Inc. acquired a new position in shares of Eco-Stim Energy Solutions during the 3rd quarter worth $143,000. Victory Capital Management Inc. acquired a new position in shares of Eco-Stim Energy Solutions during the 3rd quarter worth $279,000. Vanguard Group Inc. raised its stake in shares of Eco-Stim Energy Solutions by 5.5% during the 2nd quarter. Vanguard Group Inc. now owns 512,551 shares of the oil and gas company’s stock worth $641,000 after buying an additional 26,572 shares during the last quarter. Finally, Bienville Capital Management LLC raised its stake in shares of Eco-Stim Energy Solutions by 107.4% during the 3rd quarter. Bienville Capital Management LLC now owns 6,178,261 shares of the oil and gas company’s stock worth $9,514,000 after buying an additional 3,198,727 shares during the last quarter. 84.38% of the stock is owned by institutional investors and hedge funds.

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Eco-Stim Energy Solutions Company Profile

Eco-Stim Energy Solutions, Inc is an oilfield services company. The Company provides well stimulation, coiled tubing and field management services to the upstream oil and gas industry. The Company focuses on the active shale and unconventional oil and natural gas basins outside the United States and it has commenced operations in Argentina.

Analyst Recommendations for Eco-Stim Energy Solutions (NASDAQ:ESES)

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