Mammoth Energy Services (TUSK) Receiving Somewhat Favorable Media Coverage, Report Finds

News articles about Mammoth Energy Services (NASDAQ:TUSK) have trended somewhat positive on Friday, Accern reports. The research group ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Mammoth Energy Services earned a coverage optimism score of 0.25 on Accern’s scale. Accern also gave media stories about the energy company an impact score of 47.2909246665955 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Mammoth Energy Services (NASDAQ:TUSK) opened at $23.35 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.39 and a current ratio of 1.52. Mammoth Energy Services has a 12-month low of $10.88 and a 12-month high of $24.54. The firm has a market cap of $1,030.00 and a price-to-earnings ratio of -13.90.

Mammoth Energy Services (NASDAQ:TUSK) last issued its earnings results on Wednesday, November 1st. The energy company reported ($0.02) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.02 by ($0.04). Mammoth Energy Services had a negative return on equity of 2.35% and a negative net margin of 16.41%. The company had revenue of $149.30 million for the quarter, compared to the consensus estimate of $129.58 million. The business’s revenue for the quarter was up 135.9% compared to the same quarter last year. analysts expect that Mammoth Energy Services will post 0.14 EPS for the current year.

TUSK has been the subject of a number of recent analyst reports. Jefferies Group initiated coverage on shares of Mammoth Energy Services in a research report on Thursday, October 5th. They issued a “hold” rating and a $18.00 price target for the company. Zacks Investment Research upgraded shares of Mammoth Energy Services from a “hold” rating to a “buy” rating and set a $18.00 price target for the company in a research report on Thursday, October 12th. Imperial Capital upped their price target on shares of Mammoth Energy Services from $20.00 to $24.00 and gave the stock an “outperform” rating in a research report on Friday, October 20th. ValuEngine upgraded 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 target on shares of Mammoth Energy Services from $20.00 to $22.00 and gave the stock an “outperform” rating in a research report on Friday, November 3rd. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $24.80.

In related news, CEO Arty Straehla sold 25,842 shares of the company’s stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of $18.45, for a total transaction of $476,784.90. Following the completion of the transaction, the chief executive officer now owns 231,711 shares in the company, valued at $4,275,067.95. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.03% of the stock is currently owned by corporate insiders.

ILLEGAL ACTIVITY NOTICE: “Mammoth Energy Services (TUSK) Receiving Somewhat Favorable Media Coverage, Report Finds” was first reported by Community Financial News and is the sole property of of Community Financial News. If you are viewing this piece on another site, it was copied illegally and reposted in violation of U.S. & international trademark and copyright laws. The legal version of this piece can be viewed at https://www.com-unik.info/2018/01/12/mammoth-energy-services-tusk-receiving-somewhat-favorable-media-coverage-report-finds.html.

Mammoth Energy Services Company Profile

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.

Insider Buying and Selling by Quarter for Mammoth Energy Services (NASDAQ:TUSK)

Receive News & Ratings for Mammoth Energy Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mammoth Energy Services and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit