Stabilis Solutions (NASDAQ:SLNG) Posts Earnings Results, Misses Estimates By $0.17 EPS

Stabilis Solutions (NASDAQ:SLNG) issued its earnings results on Tuesday. The company reported ($0.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.17), FiscalAI reports. The firm had revenue of $11.92 million during the quarter, compared to the consensus estimate of $10.84 million. Stabilis Solutions had a negative return on equity of 5.85% and a negative net margin of 6.25%.

Stabilis Solutions Trading Up 3.0%

Shares of NASDAQ:SLNG traded up $0.15 during trading hours on Tuesday, hitting $5.16. 32,322 shares of the company’s stock traded hands, compared to its average volume of 38,692. The firm has a market capitalization of $95.98 million, a P/E ratio of -25.80 and a beta of -0.32. The business has a fifty day moving average price of $4.39 and a 200-day moving average price of $4.41. Stabilis Solutions has a 1 year low of $3.21 and a 1 year high of $6.36. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.93 and a quick ratio of 0.92.

Insider Buying and Selling at Stabilis Solutions

In other Stabilis Solutions news, Director Edward L. Kuntz purchased 7,500 shares of Stabilis Solutions stock in a transaction dated Wednesday, May 13th. The shares were purchased at an average cost of $3.89 per share, for a total transaction of $29,175.00. Following the completion of the acquisition, the director owned 69,839 shares in the company, valued at $271,673.71. This represents a 12.03% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 72.20% of the company’s stock.

Hedge Funds Weigh In On Stabilis Solutions

Hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP increased its stake in Stabilis Solutions by 13.5% in the third quarter. Dimensional Fund Advisors LP now owns 18,523 shares of the company’s stock worth $81,000 after purchasing an additional 2,207 shares during the period. Citadel Advisors LLC lifted its position in shares of Stabilis Solutions by 37.7% during the third quarter. Citadel Advisors LLC now owns 19,146 shares of the company’s stock worth $83,000 after purchasing an additional 5,238 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Stabilis Solutions by 22.9% during the third quarter. Russell Investments Group Ltd. now owns 57,034 shares of the company’s stock valued at $249,000 after purchasing an additional 10,643 shares during the period. Finally, Ancora Advisors LLC boosted its stake in shares of Stabilis Solutions by 32.3% during the third quarter. Ancora Advisors LLC now owns 84,849 shares of the company’s stock valued at $370,000 after purchasing an additional 20,718 shares during the period. Institutional investors own 3.81% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Stabilis Solutions in a report on Thursday, June 4th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce”.

About Stabilis Solutions

Stabilis Solutions (NASDAQ: SLNG) is a U.S.-based marketer and distributor of cryogenic liquid products and liquefied natural gas (LNG). The company operates a nationwide network of terminals and bulk delivery assets, supplying industrial gases such as liquid oxygen, nitrogen and argon, as well as specialty products including carbon dioxide and hydrogen. Stabilis Solutions serves a broad array of end markets—from food and beverage processing to environmental applications and power generation—by ensuring a reliable chain of custody from production to point of use.

In addition to its cryogenic gas portfolio, Stabilis Solutions has developed a growing LNG business, providing clean-fuel solutions for heavy-duty transportation and on-site energy needs.