Analysts expect that Cypress Energy Partners LP (NYSE:CELP) will post sales of $81.90 million for the current quarter, Zacks reports. Three analysts have made estimates for Cypress Energy Partners’ earnings, with the highest sales estimate coming in at $85.60 million and the lowest estimate coming in at $79.40 million. Cypress Energy Partners posted sales of $77.68 million during the same quarter last year, which suggests a positive year over year growth rate of 5.4%. The firm is scheduled to issue its next quarterly earnings report on Monday, November 12th.

On average, analysts expect that Cypress Energy Partners will report full-year sales of $299.53 million for the current financial year, with estimates ranging from $292.80 million to $307.90 million. For the next fiscal year, analysts anticipate that the firm will report sales of $310.50 million per share, with estimates ranging from $298.00 million to $323.00 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side analysts that cover Cypress Energy Partners.

Cypress Energy Partners (NYSE:CELP) last posted its quarterly earnings data on Monday, August 13th. The oil and gas company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.10 by $0.14. The business had revenue of $76.47 million for the quarter, compared to analysts’ expectations of $77.17 million. Cypress Energy Partners had a net margin of 3.03% and a return on equity of 92.86%.

Several research firms recently commented on CELP. ValuEngine cut shares of Cypress Energy Partners from a “hold” rating to a “sell” rating in a research report on Wednesday, June 27th. TheStreet raised shares of Cypress Energy Partners from a “d+” rating to a “c” rating in a research report on Monday, August 27th. Robert W. Baird boosted their price objective on shares of Cypress Energy Partners from $6.00 to $7.00 and gave the company a “hold” rating in a research report on Wednesday, June 6th. Finally, Zacks Investment Research upgraded shares of Cypress Energy Partners from a “hold” rating to a “buy” rating and set a $7.75 price target on the stock in a research note on Tuesday, May 22nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. Cypress Energy Partners currently has an average rating of “Hold” and a consensus target price of $7.25.

A hedge fund recently bought a new stake in Cypress Energy Partners stock. Deutsche Bank AG purchased a new stake in Cypress Energy Partners LP (NYSE:CELP) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 31,799 shares of the oil and gas company’s stock, valued at approximately $190,000. Deutsche Bank AG owned about 0.27% of Cypress Energy Partners at the end of the most recent quarter. 1.26% of the stock is currently owned by hedge funds and other institutional investors.

CELP traded down $0.12 during trading on Monday, hitting $7.64. The company had a trading volume of 1,794 shares, compared to its average volume of 17,249. The stock has a market capitalization of $92.60 million, a P/E ratio of 15.29 and a beta of 1.58. Cypress Energy Partners has a one year low of $5.50 and a one year high of $8.50. The company has a current ratio of 3.14, a quick ratio of 3.14 and a debt-to-equity ratio of 7.82.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 14th. Shareholders of record on Tuesday, August 7th were paid a $0.21 dividend. The ex-dividend date was Monday, August 6th. This represents a $0.84 annualized dividend and a yield of 10.99%. Cypress Energy Partners’s payout ratio is currently 168.00%.

About Cypress Energy Partners

Cypress Energy Partners, L.P. provides pipeline inspection and integrity, and environmental services in North America. It operates in three segments: Pipeline Inspection Services (PIS), Integrity Services (IS), and Water and Environmental Services (W&ES). The PIS segment offers independent inspection services for various facilities and equipment, such as transmission pipelines, oil and natural gas gathering systems, pump and compressor stations, storage facilities and terminals, and gas distribution systems.

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