Equities analysts predict that FTS International Inc (NYSE:FTSI) will report earnings of ($0.10) per share for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for FTS International’s earnings. The lowest EPS estimate is ($0.24) and the highest is $0.00. FTS International posted earnings per share of $0.24 during the same quarter last year, which indicates a negative year over year growth rate of 141.7%. The firm is scheduled to announce its next earnings results on Wednesday, February 26th.

On average, analysts expect that FTS International will report full-year earnings of $0.01 per share for the current fiscal year, with EPS estimates ranging from ($0.24) to $0.16. For the next fiscal year, analysts anticipate that the firm will report earnings of ($0.10) per share, with EPS estimates ranging from ($0.71) to $0.30. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that cover FTS International.

Several research firms have recently commented on FTSI. Citigroup cut their price objective on FTS International from $3.20 to $2.80 and set a “neutral” rating for the company in a report on Tuesday, October 1st. Capital One Financial downgraded FTS International from an “overweight” rating to an “equal weight” rating in a report on Tuesday. Wells Fargo & Co cut their price objective on FTS International from $4.00 to $3.00 and set a “market perform” rating for the company in a report on Thursday, September 12th. ValuEngine downgraded FTS International from a “hold” rating to a “sell” rating in a report on Friday, November 1st. Finally, Morgan Stanley cut their price objective on FTS International from $7.00 to $4.00 and set an “overweight” rating for the company in a report on Monday, October 7th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the stock. FTS International presently has a consensus rating of “Hold” and a consensus target price of $5.56.

Shares of NYSE FTSI traded down $0.03 during trading hours on Friday, hitting $1.31. The company had a trading volume of 366,649 shares, compared to its average volume of 601,918. The stock has a market capitalization of $146.10 million, a P/E ratio of 0.56, a price-to-earnings-growth ratio of 3.57 and a beta of 1.60. The company has a quick ratio of 2.49, a current ratio of 2.95 and a debt-to-equity ratio of 8.49. FTS International has a 1-year low of $1.28 and a 1-year high of $13.07. The firm’s 50 day moving average is $1.89 and its 200-day moving average is $4.58.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. SG Americas Securities LLC bought a new stake in FTS International in the 3rd quarter valued at $28,000. First Trust Advisors LP raised its stake in FTS International by 24.5% in the 3rd quarter. First Trust Advisors LP now owns 75,218 shares of the company’s stock valued at $168,000 after acquiring an additional 14,805 shares during the period. Mackay Shields LLC raised its stake in FTS International by 79.2% in the 3rd quarter. Mackay Shields LLC now owns 218,400 shares of the company’s stock valued at $490,000 after acquiring an additional 96,500 shares during the period. State of Tennessee Treasury Department raised its stake in FTS International by 94.7% in the 3rd quarter. State of Tennessee Treasury Department now owns 57,671 shares of the company’s stock valued at $129,000 after acquiring an additional 28,057 shares during the period. Finally, Alberta Investment Management Corp bought a new stake in FTS International in the 3rd quarter valued at $167,000. Institutional investors and hedge funds own 63.53% of the company’s stock.

About FTS International

FTS International, Inc provides hydraulic fracturing services in North America. Its services enhance hydrocarbon flow from oil and natural gas wells drilled by exploration and production companies (E&P), in shale and other unconventional resource formations. The company's wireline services primarily consist of setting plugs between hydraulic fracturing stages, creating perforations within hydraulic fracturing stages, and logging the characteristics of resource formations.

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Earnings History and Estimates for FTS International (NYSE:FTSI)

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