Natural Gas Services Group, Inc. (NYSE:NGS) – Equities research analysts at Imperial Capital lowered their Q1 2018 EPS estimates for shares of Natural Gas Services Group in a report issued on Friday. Imperial Capital analyst J. Wangler now expects that the oil and gas company will post earnings per share of $0.03 for the quarter, down from their prior forecast of $0.08. Imperial Capital also issued estimates for Natural Gas Services Group’s Q2 2018 earnings at $0.06 EPS, Q3 2018 earnings at $0.09 EPS, Q4 2018 earnings at $0.13 EPS and FY2019 earnings at $0.66 EPS.

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Natural Gas Services Group (NYSE:NGS) last posted its earnings results on Thursday, March 8th. The oil and gas company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.01). Natural Gas Services Group had a return on equity of 0.64% and a net margin of 29.31%. The firm had revenue of $16.70 million during the quarter, compared to the consensus estimate of $16.77 million.

Other research analysts have also recently issued research reports about the stock. TheStreet upgraded shares of Natural Gas Services Group from a “c+” rating to a “b” rating in a research report on Friday, March 9th. Seaport Global Securities restated a “buy” rating and issued a $29.00 target price on shares of Natural Gas Services Group in a research report on Friday, March 9th. Zacks Investment Research upgraded shares of Natural Gas Services Group from a “sell” rating to a “hold” rating in a research report on Tuesday, January 9th. Finally, Capital One Financial restated an “overweight” rating on shares of Natural Gas Services Group in a research report on Thursday, March 8th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $28.00.

Natural Gas Services Group (NYSE:NGS) opened at $26.25 on Monday. Natural Gas Services Group has a 1 year low of $22.40 and a 1 year high of $29.55. The company has a market cap of $355.24, a PE ratio of 17.38 and a beta of 1.27.

In other news, CFO G Larry Lawrence sold 6,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 19th. The shares were sold at an average price of $25.23, for a total value of $151,380.00. Following the completion of the sale, the chief financial officer now directly owns 39,478 shares of the company’s stock, valued at approximately $996,029.94. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Stephen Charles Taylor sold 16,212 shares of the company’s stock in a transaction that occurred on Tuesday, December 19th. The stock was sold at an average price of $25.17, for a total transaction of $408,056.04. Following the completion of the sale, the chief executive officer now directly owns 293,300 shares of the company’s stock, valued at $7,382,361. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 38,787 shares of company stock valued at $1,016,836. Company insiders own 6.53% of the company’s stock.

Several large investors have recently modified their holdings of NGS. JPMorgan Chase & Co. lifted its stake in shares of Natural Gas Services Group by 875.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 140,925 shares of the oil and gas company’s stock worth $4,122,000 after acquiring an additional 126,471 shares during the period. Franklin Resources Inc. lifted its stake in shares of Natural Gas Services Group by 3.3% in the 4th quarter. Franklin Resources Inc. now owns 977,034 shares of the oil and gas company’s stock worth $25,598,000 after acquiring an additional 31,012 shares during the period. AlphaOne Investment Services LLC lifted its stake in shares of Natural Gas Services Group by 15.7% in the 4th quarter. AlphaOne Investment Services LLC now owns 172,957 shares of the oil and gas company’s stock worth $4,531,000 after acquiring an additional 23,434 shares during the period. Spitfire Capital LLC lifted its stake in shares of Natural Gas Services Group by 6.2% in the 3rd quarter. Spitfire Capital LLC now owns 394,497 shares of the oil and gas company’s stock worth $11,204,000 after acquiring an additional 23,096 shares during the period. Finally, Deutsche Bank AG lifted its stake in shares of Natural Gas Services Group by 90.7% in the 4th quarter. Deutsche Bank AG now owns 47,895 shares of the oil and gas company’s stock worth $1,253,000 after acquiring an additional 22,782 shares during the period. 90.93% of the stock is owned by institutional investors.

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About Natural Gas Services Group

Natural Gas Services Group, Inc is a provider of small to medium horsepower compression equipment to the natural gas industry. The Company focuses primarily on the non-conventional natural gas and oil production business in the United States, such as coal bed methane, gas shale, tight gas and oil shales.

Earnings History and Estimates for Natural Gas Services Group (NYSE:NGS)

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