Equities research analysts predict that Emerge Energy Services (NYSE:EMES) will report earnings of $0.06 per share for the current fiscal quarter, Zacks Investment Research reports. Four analysts have issued estimates for Emerge Energy Services’ earnings. The lowest EPS estimate is ($0.14) and the highest is $0.23. Emerge Energy Services reported earnings of ($0.38) per share in the same quarter last year, which would indicate a positive year over year growth rate of 115.8%. The firm is expected to issue its next quarterly earnings results before the market opens on Tuesday, May 1st.

On average, analysts expect that Emerge Energy Services will report full-year earnings of $1.38 per share for the current year, with EPS estimates ranging from $1.03 to $1.85. For the next year, analysts anticipate that the business will post earnings of $1.47 per share, with EPS estimates ranging from $0.62 to $2.06. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Emerge Energy Services.

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Emerge Energy Services (NYSE:EMES) last issued its quarterly earnings results on Monday, February 26th. The oil and gas company reported $0.18 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.31 by ($0.13). The firm had revenue of $103.14 million during the quarter, compared to the consensus estimate of $114.36 million. Emerge Energy Services had a negative net margin of 1.88% and a negative return on equity of 8.54%. Emerge Energy Services’s revenue was up 142.0% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.80) earnings per share.

A number of research analysts recently commented on EMES shares. Stifel Nicolaus lowered their price objective on Emerge Energy Services from $13.00 to $11.00 and set a “buy” rating for the company in a research note on Tuesday, February 27th. Piper Jaffray restated a “hold” rating and set a $8.75 price objective on shares of Emerge Energy Services in a research note on Tuesday, December 26th. Cowen set a $8.00 price objective on Emerge Energy Services and gave the stock a “hold” rating in a research note on Friday. Zacks Investment Research upgraded Emerge Energy Services from a “sell” rating to a “hold” rating in a research note on Friday, March 16th. Finally, B. Riley upped their price objective on Emerge Energy Services from $9.00 to $10.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 28th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $12.75.

Hedge funds have recently made changes to their positions in the business. Landscape Capital Management L.L.C. acquired a new position in Emerge Energy Services during the 4th quarter worth $162,000. Credit Capital Investments LLC acquired a new position in Emerge Energy Services during the 4th quarter worth $194,000. Chicago Partners Investment Group LLC boosted its position in Emerge Energy Services by 106.7% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 42,380 shares of the oil and gas company’s stock worth $349,000 after acquiring an additional 21,875 shares during the period. Sanders Morris Harris LLC boosted its position in Emerge Energy Services by 187.3% during the 4th quarter. Sanders Morris Harris LLC now owns 49,600 shares of the oil and gas company’s stock worth $357,000 after acquiring an additional 32,336 shares during the period. Finally, Wells Fargo & Company MN boosted its position in Emerge Energy Services by 66.6% during the 4th quarter. Wells Fargo & Company MN now owns 56,500 shares of the oil and gas company’s stock worth $406,000 after acquiring an additional 22,585 shares during the period. Institutional investors own 18.28% of the company’s stock.

Shares of EMES opened at $7.04 on Friday. The firm has a market cap of $223.87, a P/E ratio of -58.67 and a beta of 1.90. The company has a quick ratio of 1.42, a current ratio of 2.00 and a debt-to-equity ratio of 3.59. Emerge Energy Services has a 12 month low of $5.65 and a 12 month high of $14.77.

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About Emerge Energy Services

Emerge Energy Services LP, through its subsidiary, Superior Silica Sands LLC, operates an energy services company in the United States. It engages in mining, producing, and distributing silica sand, which is a primary input for the hydraulic fracturing of oil and natural gas wells. The company serves oilfield services companies, and exploration and production companies that are engaged in hydraulic fracturing.

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Earnings History and Estimates for Emerge Energy Services (NYSE:EMES)

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