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Shares of C&J Energy Services (NASDAQ:CJES) have been given a consensus rating of “Buy” by the eleven ratings firms that are currently covering the stock, ARN reports. Three equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $32.23.

CJES has been the subject of a number of recent research reports. Analysts at Jefferies Group reiterated a “buy” rating on shares of C&J Energy Services in a research note on Friday, August 1st. They now have a $39.00 price target on the stock, down previously from $40.00. Separately, analysts at Zacks downgraded shares of C&J Energy Services from an “outperform” rating to a “neutral” rating in a research note on Thursday, July 24th. They now have a $35.80 price target on the stock.

Shares of C&J Energy Services (NASDAQ:CJES) opened at 28.18 on Monday. C&J Energy Services has a 1-year low of $19.88 and a 1-year high of $34.93. The stock has a 50-day moving average of $30.95 and a 200-day moving average of $29.41. The company has a market cap of $1.516 billion and a price-to-earnings ratio of 36.83.

C&J Energy Services (NASDAQ:CJES) last released its earnings data on Wednesday, July 30th. The company reported $0.28 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.26 by $0.02. The company had revenue of $367.90 million for the quarter, compared to the consensus estimate of $338.54 million. During the same quarter in the prior year, the company posted $0.39 earnings per share. The company’s quarterly revenue was up 37.8% on a year-over-year basis. On average, analysts predict that C&J Energy Services will post $1.19 earnings per share for the current fiscal year.

C&J Energy Services, Inc is a provider of hydraulic fracturing, coiled tubing, wireline and other complementary services with a focus on complex, technically demanding well completions.

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