Press coverage about Emerge Energy Services (NYSE:EMES) has trended somewhat negative this week, according to Alpha One. The research firm, a division of Accern, identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real time. Alpha One ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Emerge Energy Services earned a news sentiment score of -0.11 on Alpha One’s scale. Alpha One also gave news articles about the oil and gas company an impact score of 82 out of 100, meaning that recent news coverage is very likely to have an effect on the stock’s share price in the near term.
These are some of the media stories that may have effected Alpha One Sentiment Analysis’s scoring:
- Emerge Energy Services LP (EMES) Acquires Osburn Materials For $20M – Slideshow (seekingalpha.com)
- 5 Energy Stocks to Ride the Sector's Earnings Improvement (finance.yahoo.com)
- Positive Media Coverage Somewhat Likely to Affect Emerge Energy Services (EMES) Stock Price (americanbankingnews.com)
- Emerge Energy Services LP (NYSE:EMES) Files An 8-K Entry into a Material Definitive Agreement (4-traders.com)
- Emerge Energy Services LP (EMES) Stock Rating Reaffirmed by Goldman Sachs Group Inc (americanbankingnews.com)
Emerge Energy Services (NYSE:EMES) traded down 2.97% during mid-day trading on Friday, reaching $12.75. 623,907 shares of the company were exchanged. The stock’s market capitalization is $383.41 million. Emerge Energy Services has a 12-month low of $3.00 and a 12-month high of $24.45. The company’s 50 day moving average price is $13.78 and its 200-day moving average price is $14.12.
Emerge Energy Services (NYSE:EMES) last announced its quarterly earnings results on Monday, February 27th. The oil and gas company reported ($0.77) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.71) by $0.06. The company had revenue of $42.60 million for the quarter, compared to the consensus estimate of $40.29 million. Emerge Energy Services had a negative net margin of 28.61% and a negative return on equity of 255.24%. The company’s revenue for the quarter was down 4.3% compared to the same quarter last year. During the same period last year, the firm posted ($0.41) earnings per share. On average, equities research analysts forecast that Emerge Energy Services will post ($0.33) earnings per share for the current fiscal year.
A number of research analysts have recently commented on the stock. Wunderlich upped their price objective on shares of Emerge Energy Services from $20.00 to $30.00 and gave the company a “buy” rating in a research report on Thursday, February 9th. Zacks Investment Research lowered shares of Emerge Energy Services from a “buy” rating to a “hold” rating in a research report on Friday, February 24th. Stifel Nicolaus upped their price objective on shares of Emerge Energy Services to $17.00 in a research report on Wednesday, March 1st. Finally, Goldman Sachs Group Inc raised shares of Emerge Energy Services from a “neutral” rating to a “buy” rating and set a $20.00 price objective for the company in a research report on Friday, January 20th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $18.75.
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About Emerge Energy Services
Emerge Energy Services LP owns, operates, acquires and develops a portfolio of energy service assets. The Company’s segments include Sand segment, Fuel segment and Corporate. The Company’s Sand segment consists of the production and sale of various grades of industrial sand primarily used in the extraction of oil and natural gas, as well as the production of building products and foundry materials.
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