Mammoth Energy Services (NASDAQ:TUSK) will be releasing its earnings data after the market closes on Thursday, August 1st. Analysts expect Mammoth Energy Services to post earnings of ($0.07) per share for the quarter.
Mammoth Energy Services (NASDAQ:TUSK) last posted its quarterly earnings results on Wednesday, May 1st. The energy company reported $0.63 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.07). Mammoth Energy Services had a net margin of 14.32% and a return on equity of 31.76%. The business had revenue of $262.14 million during the quarter, compared to the consensus estimate of $284.72 million. During the same quarter in the prior year, the firm posted $1.24 EPS. The company’s revenue for the quarter was down 47.0% compared to the same quarter last year. On average, analysts expect Mammoth Energy Services to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of NASDAQ:TUSK traded down $0.19 during trading hours on Monday, hitting $5.78. The company’s stock had a trading volume of 1,420 shares, compared to its average volume of 340,992. Mammoth Energy Services has a 52 week low of $5.55 and a 52 week high of $40.75. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.48 and a quick ratio of 2.39. The firm has a market capitalization of $267.91 million, a P/E ratio of 1.03 and a beta of 1.50. The company’s fifty day moving average is $6.71.
Several research firms have recently commented on TUSK. Stephens lowered shares of Mammoth Energy Services from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $25.00 to $7.00 in a report on Friday, June 7th. Zacks Investment Research upgraded shares of SCHNEIDER ELEC /ADR from a “hold” rating to a “buy” rating and set a $20.00 price target for the company in a report on Friday, July 5th. Imperial Capital restated an “in-line” rating and issued a $29.00 price target (down previously from $33.00) on shares of Whiting Petroleum in a report on Friday, May 3rd. Piper Jaffray Companies set a $10.00 price objective on shares of Mammoth Energy Services and gave the stock a “buy” rating in a research note on Friday, June 7th. Finally, BidaskClub lowered shares of YRC Worldwide from a “buy” rating to a “hold” rating in a research note on Tuesday, April 30th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $14.83.
About Mammoth Energy Services
Mammoth Energy Services, Inc operates as an oilfield service company. The company operates in three segments: Infrastructure Services, Pressure Pumping Services, and Natural Sand Proppant Services. The Infrastructure Services segment offers a range of services on electric transmission and distribution networks, and substation facilities, including the construction, upgrade, maintenance, and repair of high voltage transmission lines, substations, and lower voltage overhead and underground distribution systems; storm repair and restoration services; and commercial services comprising installation, maintenance, and repair of commercial wiring.
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