Quintana Energy Services Inc (NYSE:QES) – Stock analysts at Capital One Financial issued their Q1 2018 earnings estimates for Quintana Energy Services in a research report issued to clients and investors on Thursday, March 15th, according to Zacks Investment Research. Capital One Financial analyst L. Lemoine anticipates that the company will earn $0.08 per share for the quarter. Capital One Financial currently has a “Overweight” rating on the stock. Capital One Financial also issued estimates for Quintana Energy Services’ Q2 2018 earnings at $0.15 EPS, Q3 2018 earnings at $0.21 EPS, Q4 2018 earnings at $0.26 EPS, FY2018 earnings at $0.70 EPS and FY2019 earnings at $0.98 EPS.
Other research analysts also recently issued reports about the stock. Piper Jaffray began coverage on shares of Quintana Energy Services in a research note on Tuesday, March 6th. They set an “overweight” rating and a $14.00 price target on the stock. ValuEngine downgraded shares of Quintana Energy Services from a “buy” rating to a “hold” rating in a research note on Monday, April 2nd. Bank of America began coverage on shares of Quintana Energy Services in a research note on Tuesday, March 6th. They issued a “buy” rating and a $12.00 target price on the stock. Barclays reaffirmed a “buy” rating and issued a $12.00 target price on shares of Quintana Energy Services in a research note on Wednesday, April 4th. Finally, Citigroup began coverage on shares of Quintana Energy Services in a research note on Wednesday, March 7th. They issued a “neutral” rating and a $10.00 target price on the stock. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $12.50.
Shares of QES stock traded down $0.59 during trading hours on Monday, hitting $8.78. 63,721 shares of the company’s stock were exchanged, compared to its average volume of 126,808. Quintana Energy Services has a 12-month low of $7.47 and a 12-month high of $10.00. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.90 and a quick ratio of 0.75.
In related news, insider Daniel Rogers ` Herndon purchased 10,000 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The shares were acquired at an average price of $9.39 per share, for a total transaction of $93,900.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Archer Holdco Llc purchased 1,000,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 13th. The stock was bought at an average price of $10.00 per share, for a total transaction of $10,000,000.00. The disclosure for this purchase can be found here.
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About Quintana Energy Services
Quintana Energy Services Inc is a provider of oilfield services to onshore oil and natural gas throughout the United States. The Company’s business segments include Directional Drilling Services, Pressure Pumping Services, Pressure Control Services, and Wireline Services. The Directional Drilling Services enable efficient drilling and guidance of the horizontal section of a wellbore are using its technologically-advanced fleet of downhole motors and 117 MWD kits.
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