$0.07 EPS Expected for Natural Gas Services Group, Inc. (NGS) This Quarter

Brokerages predict that Natural Gas Services Group, Inc. (NYSE:NGS) will report earnings per share (EPS) of $0.07 for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Natural Gas Services Group’s earnings. Natural Gas Services Group reported earnings of $0.20 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 65%. The business is scheduled to issue its next quarterly earnings report after the market closes on Tuesday, April 25th.

On average, analysts expect that Natural Gas Services Group will report full year earnings of $0.41 per share for the current year, with EPS estimates ranging from $0.39 to $0.44. For the next year, analysts forecast that the firm will report earnings of $0.82 per share, with EPS estimates ranging from $0.72 to $0.89. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that that provide coverage for Natural Gas Services Group.

Natural Gas Services Group (NYSE:NGS) last announced its quarterly earnings results on Thursday, March 9th. The oil and gas company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. Natural Gas Services Group had a return on equity of 3.78% and a net margin of 10.64%. The company earned $16.70 million during the quarter, compared to analyst estimates of $15.98 million. During the same quarter last year, the firm posted $0.26 earnings per share. The firm’s revenue was down 35.2% on a year-over-year basis.

In related news, VP James R. Hazlett sold 2,550 shares of the company’s stock in a transaction on Tuesday, April 11th. The stock was sold at an average price of $28.52, for a total transaction of $72,726.00. Following the completion of the sale, the vice president now directly owns 63,340 shares in the company, valued at approximately $1,806,456.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 6.88% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the stock. Victory Capital Management Inc. boosted its stake in Natural Gas Services Group by 0.5% in the third quarter. Victory Capital Management Inc. now owns 30,480 shares of the oil and gas company’s stock worth $750,000 after buying an additional 150 shares during the period. Teachers Advisors LLC boosted its stake in Natural Gas Services Group by 0.8% in the fourth quarter. Teachers Advisors LLC now owns 30,140 shares of the oil and gas company’s stock worth $969,000 after buying an additional 225 shares during the period. AlphaOne Investment Services LLC boosted its stake in Natural Gas Services Group by 0.7% in the fourth quarter. AlphaOne Investment Services LLC now owns 136,139 shares of the oil and gas company’s stock worth $4,376,000 after buying an additional 1,000 shares during the period. Monarch Partners Asset Management LLC boosted its stake in Natural Gas Services Group by 16.8% in the third quarter. Monarch Partners Asset Management LLC now owns 10,380 shares of the oil and gas company’s stock worth $255,000 after buying an additional 1,490 shares during the period. Finally, WFG Advisors LP boosted its stake in Natural Gas Services Group by 60.1% in the fourth quarter. WFG Advisors LP now owns 4,002 shares of the oil and gas company’s stock worth $199,000 after buying an additional 1,502 shares during the period. Institutional investors own 88.67% of the company’s stock.

Shares of Natural Gas Services Group (NYSE:NGS) traded down 2.83% during mid-day trading on Friday, reaching $27.45. The company had a trading volume of 40,174 shares. The stock has a market capitalization of $354.30 million, a price-to-earnings ratio of 54.90 and a beta of 1.08. The firm has a 50-day moving average price of $26.63 and a 200-day moving average price of $27.76. Natural Gas Services Group has a 1-year low of $19.85 and a 1-year high of $34.50.

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Natural Gas Services Group Company Profile

Natural Gas Services Group, Inc is a provider of small to medium horsepower compression equipment to the natural gas industry. The Company focuses primarily on the non-conventional natural gas and oil production business in the United States, such as coal bed methane, gas shale, tight gas and oil shales.

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