Quintana Energy Services Inc (NYSE:QES) has earned a consensus recommendation of “Buy” from the nine research firms that are currently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $10.75.

QES has been the subject of several research reports. Barclays restated a “buy” rating and issued a $10.00 price objective on shares of Quintana Energy Services in a report on Saturday, August 11th. Zacks Investment Research upgraded shares of Quintana Energy Services from a “sell” rating to a “hold” rating in a report on Tuesday, August 14th. Citigroup decreased their price target on shares of Quintana Energy Services from $9.15 to $8.90 and set a “neutral” rating for the company in a research note on Friday, September 14th. Bank of America initiated coverage on shares of Quintana Energy Services in a research note on Wednesday, October 17th. They issued a “neutral” rating and a $8.50 price target for the company. Finally, ValuEngine lowered shares of Quintana Energy Services from a “hold” rating to a “sell” rating in a research note on Friday, October 19th.

Shares of NYSE QES opened at $6.22 on Tuesday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.95 and a quick ratio of 1.60. Quintana Energy Services has a 12 month low of $5.36 and a 12 month high of $10.67. The firm has a market capitalization of $201.87 million and a price-to-earnings ratio of -124.40.

Quintana Energy Services (NYSE:QES) last issued its quarterly earnings data on Tuesday, November 6th. The company reported ($0.07) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.17). Quintana Energy Services had a negative return on equity of 7.57% and a negative net margin of 2.25%. The company had revenue of $150.90 million during the quarter, compared to the consensus estimate of $160.50 million. Equities research analysts expect that Quintana Energy Services will post -0.19 EPS for the current year.

Institutional investors have recently modified their holdings of the stock. Northern Trust Corp bought a new position in shares of Quintana Energy Services in the 1st quarter worth about $607,000. Macquarie Group Ltd. bought a new position in shares of Quintana Energy Services in the 2nd quarter worth about $196,000. JPMorgan Chase & Co. bought a new position in shares of Quintana Energy Services in the 1st quarter worth about $275,000. BlackRock Inc. bought a new position in shares of Quintana Energy Services in the 1st quarter worth about $2,312,000. Finally, GSA Capital Partners LLP bought a new position in shares of Quintana Energy Services in the 2nd quarter worth about $120,000. Institutional investors own 16.96% of the company’s stock.

About Quintana Energy Services

Quintana Energy Services Inc provides oilfield services to onshore oil and natural gas exploration and production companies operating in conventional and unconventional plays in the United States. It operates through four segments: Directional Drilling Services, Pressure Pumping Services, Pressure Control Services, and Wireline Services.

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Analyst Recommendations for Quintana Energy Services (NYSE:QES)

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