Equities analysts expect Emerge Energy Services LP (NYSE:EMES) to report sales of $70.10 million for the current fiscal quarter, Zacks reports. Five analysts have made estimates for Emerge Energy Services’ earnings, with estimates ranging from $44.80 million to $106.36 million. Emerge Energy Services posted sales of $103.14 million during the same quarter last year, which suggests a negative year over year growth rate of 32%. The business is scheduled to report its next quarterly earnings results on Monday, February 25th.

On average, analysts expect that Emerge Energy Services will report full year sales of $354.62 million for the current year, with estimates ranging from $316.40 million to $416.74 million. For the next year, analysts expect that the company will post sales of $339.50 million, with estimates ranging from $282.00 million to $405.32 million. Zacks’ sales calculations are an average based on a survey of research firms that cover Emerge Energy Services.

Emerge Energy Services (NYSE:EMES) last released its quarterly earnings results on Tuesday, November 6th. The oil and gas company reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.28). Emerge Energy Services had a net margin of 3.39% and a return on equity of 21.49%. The business had revenue of $63.00 million for the quarter, compared to the consensus estimate of $98.85 million. During the same period in the previous year, the company earned $0.16 EPS. The company’s revenue for the quarter was down 39.0% on a year-over-year basis.

EMES has been the subject of several research reports. Seaport Global Securities reissued a “buy” rating and issued a $11.00 target price on shares of Emerge Energy Services in a research report on Monday, August 6th. B. Riley set a $2.00 target price on Emerge Energy Services and gave the stock a “hold” rating in a research report on Friday, November 9th. Piper Jaffray Companies reissued a “hold” rating and issued a $7.00 target price on shares of Emerge Energy Services in a research report on Tuesday, August 7th. Stifel Nicolaus lowered Emerge Energy Services from a “buy” rating to a “hold” rating in a research report on Thursday, August 2nd. Finally, Wells Fargo & Co began coverage on Emerge Energy Services in a research note on Saturday, September 15th. They issued a “hold” rating and a $4.00 price target on the stock. Two research analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $6.25.

In related news, Director Mark A. Gottfredson purchased 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 11th. The shares were bought at an average price of $4.60 per share, for a total transaction of $46,000.00. Following the purchase, the director now directly owns 125,082 shares of the company’s stock, valued at approximately $575,377.20. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Private Advisor Group LLC boosted its stake in Emerge Energy Services by 122.3% during the 3rd quarter. Private Advisor Group LLC now owns 42,450 shares of the oil and gas company’s stock valued at $169,000 after purchasing an additional 23,350 shares during the last quarter. GSA Capital Partners LLP boosted its stake in Emerge Energy Services by 42.1% during the 2nd quarter. GSA Capital Partners LLP now owns 198,162 shares of the oil and gas company’s stock valued at $1,413,000 after purchasing an additional 58,700 shares during the last quarter. Finally, Allianz Asset Management GmbH purchased a new stake in Emerge Energy Services during the 1st quarter valued at $1,048,000. Institutional investors and hedge funds own 11.73% of the company’s stock.

Shares of NYSE:EMES traded down $0.20 during trading on Wednesday, hitting $2.69. The stock had a trading volume of 249,100 shares, compared to its average volume of 512,080. Emerge Energy Services has a 12 month low of $1.61 and a 12 month high of $10.45. The firm has a market capitalization of $89.69 million, a P/E ratio of -22.67 and a beta of 2.40. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.76 and a current ratio of 1.31.

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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