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Pioneer Energy Services Corp (NYSE:PES) Director C John Thompson unloaded 355 shares of the stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $15.30, for a total value of $5,431.50. Following the completion of the transaction, the director now directly owns 28,326 shares of the company’s stock, valued at approximately $433,388. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

A number of research firms have recently commented on PES. Analysts at Zacks upgraded shares of Pioneer Energy Services Corp from a “neutral” rating to an “outperform” rating in a research note on Monday, August 4th. They now have a $19.20 price target on the stock. Separately, analysts at Global Hunter Securities raised their price target on shares of Pioneer Energy Services Corp from $14.00 to $19.00 in a research note on Wednesday, July 16th. Finally, analysts at Goldman Sachs raised their price target on shares of Pioneer Energy Services Corp from $18.00 to $20.50 in a research note on Thursday, July 10th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Pioneer Energy Services Corp presently has an average rating of “Buy” and a consensus target price of $19.12.

Pioneer Energy Services Corp (NYSE:PES) traded up 1.78% during mid-day trading on Friday, hitting $14.84. 147,616 shares of the company’s stock traded hands. Pioneer Energy Services Corp has a one year low of $6.49 and a one year high of $18.40. The stock’s 50-day moving average is $16.73 and its 200-day moving average is $13.98. The company’s market cap is $933.1 million.

Pioneer Energy Services Corp (NYSE:PES) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.14 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.07 by $0.07. The company had revenue of $259.80 million for the quarter, compared to the consensus estimate of $254.40 million. During the same quarter last year, the company posted $0.02 earnings per share. Pioneer Energy Services Corp’s revenue was up 4.6% compared to the same quarter last year. Analysts expect that Pioneer Energy Services Corp will post $0.44 EPS for the current fiscal year.

Pioneer Energy Services Corp., formerly Pioneer Drilling Company, provides drilling and production services to independent oil and gas exploration and production companies throughout much of the onshore oil and gas producing regions of the United States and internationally in Colombia.

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