Natural Gas Services Group (NGS) to Release Quarterly Earnings on Monday

Natural Gas Services Group (NYSE:NGS) is expected to release its earnings data before the market opens on Monday, April 7th. Analysts expect Natural Gas Services Group to post earnings of $0.27 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Natural Gas Services Group (NYSE:NGS) last released its quarterly earnings results on Monday, March 17th. The oil and gas company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.02. The business had revenue of $40.66 million during the quarter, compared to analyst estimates of $40.84 million. Natural Gas Services Group had a return on equity of 6.60% and a net margin of 10.55%. During the same period in the prior year, the firm posted $0.14 EPS. On average, analysts expect Natural Gas Services Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Natural Gas Services Group Price Performance

NGS opened at $17.99 on Friday. Natural Gas Services Group has a 1 year low of $16.70 and a 1 year high of $29.74. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.76 and a quick ratio of 1.16. The company has a market capitalization of $225.00 million, a price-to-earnings ratio of 14.05 and a beta of 1.13. The firm’s fifty day moving average price is $24.29 and its two-hundred day moving average price is $24.04.

Wall Street Analyst Weigh In

Several research firms recently weighed in on NGS. Raymond James restated a “strong-buy” rating and set a $32.00 price target (down from $33.00) on shares of Natural Gas Services Group in a report on Wednesday, March 19th. StockNews.com upgraded Natural Gas Services Group from a “sell” rating to a “hold” rating in a research note on Wednesday, March 26th.

Insider Transactions at Natural Gas Services Group

In other news, Director Stephen Charles Taylor sold 19,400 shares of the firm’s stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $28.80, for a total transaction of $558,720.00. Following the completion of the sale, the director now owns 438,387 shares in the company, valued at $12,625,545.60. This trade represents a 4.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 7.25% of the company’s stock.

Natural Gas Services Group Company Profile

Natural Gas Services Group, Inc provides natural gas compression equipment and services to the energy industry in the United States. It engineers and fabricates, operates, rents, and maintains natural gas compressors for oil and natural gas production and plant facilities. It also designs, fabricates, and assembles compressor units for rental or sale; and designs, manufactures, and sells a line of reciprocating natural gas compressor frames, cylinders, and parts.