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Natural Gas Services Group, Inc. (NYSE:NGS) issued an update on its first quarter earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of $0.20-0.22 for the period, compared to the Thomson Reuters consensus estimate of $0.26, AmericanBankingNews.com reports. The company issued revenue guidance of $22.6-22.7 million, compared to the consensus revenue estimate of $23.01 million.

NGS has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Natural Gas Services Group from a buy rating to a hold rating in a research note on Wednesday, April 16th. Finally, analysts at Capital One Financial Corp. downgraded shares of Natural Gas Services Group from an overweight rating to an equal weight rating in a research note on Friday, March 14th. They now have a $33.00 price target on the stock, up previously from $30.00. They noted that the move was a valuation call. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has a consensus rating of Buy and an average target price of $35.00.

Natural Gas Services Group, Inc. (NYSE:NGS) opened at 31.85 on Friday. Natural Gas Services Group, Inc. has a 52-week low of $18.92 and a 52-week high of $34.96. The stock’s 50-day moving average is $31.1 and its 200-day moving average is $29.21. The company has a market cap of $395.4 million and a P/E ratio of 27.70.

Natural Gas Services Group (NYSE:NGS) last released its earnings data on Thursday, March 13th. The company reported $0.25 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.30 by $0.05. Analysts expect that Natural Gas Services Group, Inc. will post $1.34 EPS for the current fiscal year.

Natural Gas Services Group, Inc (NYSE:NGS), is a provider of small to medium horsepower compression equipment to the natural gas industry.

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