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Emerge Energy Services (NASDAQ:EMES) has earned an average recommendation of “Buy” from the seven analysts that are covering the company, Stock Ratings Network.com reports. One equities research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $119.00.

Shares of Emerge Energy Services (NASDAQ:EMES) traded down 1.98% during mid-day trading on Tuesday, hitting $141.32. 159,304 shares of the company’s stock traded hands. Emerge Energy Services has a one year low of $28.74 and a one year high of $145.72. The stock’s 50-day moving average is $117.0 and its 200-day moving average is $86.63. The company has a market cap of $3.352 billion and a P/E ratio of 50.98.

Emerge Energy Services (NASDAQ:EMES) last released its earnings data on Wednesday, August 6th. The company reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.01. On average, analysts predict that Emerge Energy Services will post $3.60 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Robert W. Baird downgraded shares of Emerge Energy Services from an “outperform” rating to a “neutral” rating in a research note on Tuesday. They now have a $132.00 price target on the stock. They noted that the move was a valuation call. Separately, analysts at Wunderlich raised their price target on shares of Emerge Energy Services from $120.00 to $145.00 in a research note on Monday, August 18th. They now have a “buy” rating on the stock. Finally, analysts at Stifel Nicolaus raised their price target on shares of Emerge Energy Services from $120.00 to $136.00 in a research note on Thursday, August 7th. They now have a “buy” rating on the stock.

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