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Shares of Nuverra Environmental Solutions (NYSE:NES) have received an average rating of “Buy” from the eleven brokerages that are presently covering the stock, reports. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $22.39.

Shares of Nuverra Environmental Solutions (NYSE:NES) traded down 2.09% during mid-day trading on Monday, hitting $14.50. The stock had a trading volume of 173,675 shares. Nuverra Environmental Solutions has a 52 week low of $13.10 and a 52 week high of $29.60. The stock has a 50-day moving average of $18.30 and a 200-day moving average of $17.27. The company’s market cap is $387.6 million.

Nuverra Environmental Solutions (NYSE:NES) last announced its earnings results on Thursday, August 7th. The company reported ($0.91) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.22) by $0.69. The company had revenue of $156.60 million for the quarter, compared to the consensus estimate of $144.80 million. During the same quarter in the prior year, the company posted ($0.50) earnings per share. The company’s quarterly revenue was down 5.4% on a year-over-year basis. On average, analysts predict that Nuverra Environmental Solutions will post $-0.85 earnings per share for the current fiscal year.

NES has been the subject of a number of recent research reports. Analysts at Jefferies Group cut their price target on shares of Nuverra Environmental Solutions from $17.00 to $15.00 in a research note on Friday. Analysts at Craig Hallum upgraded shares of Nuverra Environmental Solutions from a “sell” rating to a “hold” rating in a research note on Wednesday, June 18th. They now have a $19.00 price target on the stock.

Nuverra Environmental Solutions, Inc, formerly Heckmann Corporation, provides environmental solutions to protect, enhance and advance environmental sustainability.

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