Shares of Quintana Energy Services Inc (NYSE:QES) have received a consensus recommendation of “Buy” from the nine ratings firms that are currently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $12.17.
QES has been the subject of a number of research analyst reports. Barclays reiterated a “buy” rating and set a $10.00 price objective on shares of Quintana Energy Services in a report on Saturday, August 11th. Zacks Investment Research raised shares of Quintana Energy Services from a “sell” rating to a “hold” rating in a research report on Tuesday, August 14th.
Shares of QES opened at $7.89 on Thursday. Quintana Energy Services has a 1-year low of $6.62 and a 1-year high of $10.67. The stock has a market cap of $258.70 million and a P/E ratio of -157.80. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.97 and a quick ratio of 1.60.
Quintana Energy Services (NYSE:QES) last announced its quarterly earnings data on Thursday, August 9th. The company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.06. The company had revenue of $152.54 million for the quarter, compared to the consensus estimate of $149.40 million. research analysts forecast that Quintana Energy Services will post 0.28 EPS for the current fiscal year.
A number of hedge funds and other institutional investors have recently bought and sold shares of QES. Schwab Charles Investment Management Inc. purchased a new position in Quintana Energy Services during the 1st quarter valued at about $100,000. Northern Trust Corp purchased a new position in Quintana Energy Services during the 1st quarter valued at about $607,000. BlackRock Inc. purchased a new position in Quintana Energy Services during the 1st quarter valued at about $2,312,000. JPMorgan Chase & Co. purchased a new position in Quintana Energy Services during the 1st quarter valued at about $275,000. Finally, Citigroup Inc. purchased a new position in Quintana Energy Services during the 1st quarter valued at about $321,000. 17.01% of the stock is currently owned by institutional investors and hedge funds.
Quintana Energy Services Company Profile
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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