Emerge Energy Services Receives Consensus Rating of “Buy” from Brokerages (NASDAQ:EMES)
Shares of Emerge Energy Services (NASDAQ:EMES) have been given a consensus rating of “Buy” by the seven ratings firms that are covering the company, Stock Ratings News reports. Six research analysts have rated the stock with a buy rating, The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $87.15.
EMES has been the subject of a number of recent research reports. Analysts at Wunderlich initiated coverage on shares of Emerge Energy Services in a research note on Tuesday, June 3rd. They set a “buy” rating and a $120.00 price target on the stock. Separately, analysts at Zacks upgraded shares of Emerge Energy Services from a “neutral” rating to an “outperform” rating in a research note on Monday, May 12th. They now have a $88.40 price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Emerge Energy Services in a research note on Wednesday, May 7th. They now have a $87.50 price target on the stock, up previously from $80.00.
Shares of Emerge Energy Services (NASDAQ:EMES) traded down 2.34% on Thursday, hitting $98.76. The stock had a trading volume of 108,233 shares. Emerge Energy Services has a 52-week low of $18.62 and a 52-week high of $114.50. The stock’s 50-day moving average is $87.42 and its 200-day moving average is $58.98. The company has a market cap of $2.334 billion and a price-to-earnings ratio of 76.67.
Emerge Energy Services (NASDAQ:EMES) last issued its quarterly earnings data on Monday, May 5th. The company reported $0.77 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.65 by $0.12. On average, analysts predict that Emerge Energy Services will post $3.52 earnings per share for the current fiscal year.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.