Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Mammoth Energy Services (TUSK) Stock Price

Media stories about Mammoth Energy Services (NASDAQ:TUSK) have been trending somewhat positive on Thursday, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Mammoth Energy Services earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned news stories about the energy company an impact score of 46.1130841794169 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

TUSK has been the subject of a number of recent analyst reports. Jefferies Group assumed coverage on shares of Mammoth Energy Services in a report on Thursday, October 5th. They set a “hold” rating and a $18.00 price target for the company. Zacks Investment Research raised shares of Mammoth Energy Services from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a research report on Thursday, October 12th. Imperial Capital upped their price objective on shares of Mammoth Energy Services from $20.00 to $24.00 and gave the company an “outperform” rating in a research report on Friday, October 20th. ValuEngine raised shares of Mammoth Energy Services from a “sell” rating to a “hold” rating in a research report on Tuesday, October 31st. Finally, Credit Suisse Group upped their price objective on shares of Mammoth Energy Services from $20.00 to $22.00 and gave the company an “outperform” rating in a research report on Friday, November 3rd. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $24.56.

Mammoth Energy Services (TUSK) opened at $19.85 on Thursday. The company has a market cap of $878.92 and a PE ratio of -11.82. The company has a current ratio of 1.52, a quick ratio of 1.39 and a debt-to-equity ratio of 0.21. Mammoth Energy Services has a 52-week low of $10.88 and a 52-week high of $24.54.

Mammoth Energy Services (NASDAQ:TUSK) last announced its quarterly earnings data on Wednesday, November 1st. The energy company reported ($0.02) EPS for the quarter, missing the Zacks’ consensus estimate of $0.02 by ($0.04). Mammoth Energy Services had a negative net margin of 16.41% and a negative return on equity of 2.35%. The company had revenue of $149.30 million for the quarter, compared to analyst estimates of $129.58 million. The firm’s quarterly revenue was up 135.9% compared to the same quarter last year. sell-side analysts forecast that Mammoth Energy Services will post 0.14 EPS for the current fiscal year.

In related news, CEO Arty Straehla sold 25,842 shares of the stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $18.45, for a total value of $476,784.90. Following the completion of the transaction, the chief executive officer now owns 231,711 shares of the company’s stock, valued at $4,275,067.95. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.03% of the company’s stock.

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About Mammoth Energy Services

Mammoth Energy Services, Inc is an integrated oilfield service company. The Company is engaged in the exploration and development of North American onshore unconventional oil and natural gas reserves. The Company’s segments include Contract Land and Directional Drilling Services; Completion and Production Services; Natural Sand Proppant Services, and Remote Accommodation Services.

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