Wall Street analysts forecast that NCS Multistage Holdings, Inc. (NASDAQ:NCSM) will announce earnings of ($0.09) per share for the current quarter, according to Zacks. Two analysts have issued estimates for NCS Multistage Holdings’ earnings. The highest EPS estimate is ($0.08) and the lowest is ($0.11). The firm is scheduled to report its next quarterly earnings results on Monday, August 21st.

On average, analysts expect that NCS Multistage Holdings will report full year earnings of $0.27 per share for the current year, with EPS estimates ranging from $0.22 to $0.30. For the next financial year, analysts expect that the business will post earnings of $1.22 per share, with EPS estimates ranging from $1.15 to $1.32. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research firms that follow NCS Multistage Holdings.

NCSM has been the topic of a number of analyst reports. Royal Bank Of Canada initiated coverage on NCS Multistage Holdings in a research report on Tuesday, May 23rd. They issued an “outperform” rating and a $29.00 price target on the stock. Piper Jaffray Companies initiated coverage on NCS Multistage Holdings in a research report on Tuesday, May 23rd. They issued an “overweight” rating and a $28.00 price target on the stock. Wells Fargo & Company initiated coverage on NCS Multistage Holdings in a research report on Tuesday, May 23rd. They issued an “outperform” rating on the stock. J P Morgan Chase & Co initiated coverage on NCS Multistage Holdings in a research report on Tuesday, May 23rd. They issued a “neutral” rating on the stock. Finally, Credit Suisse Group initiated coverage on NCS Multistage Holdings in a research report on Tuesday, May 23rd. They issued an “outperform” rating and a $27.00 price target on the stock. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $28.80.

In other NCS Multistage Holdings news, major shareholder International Corp/Ma Advent sold 1,375,000 shares of the company’s stock in a transaction on Wednesday, May 3rd. The stock was sold at an average price of $15.94, for a total value of $21,917,500.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, President Marty Stromquist sold 25,000 shares of the stock in a transaction on Wednesday, May 3rd. The stock was sold at an average price of $15.94, for a total value of $398,500.00. The disclosure for this sale can be found here.

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Shares of NCS Multistage Holdings (NASDAQ NCSM) traded up 2.67% during trading on Monday, hitting $23.85. 36,823 shares of the stock traded hands. The company’s market cap is $1.04 billion. NCS Multistage Holdings has a 52 week low of $19.25 and a 52 week high of $29.07. The firm’s 50-day moving average price is $23.56 and its 200-day moving average price is $23.56.

About NCS Multistage Holdings

NCS Multistage Holdings, Inc is a provider of engineered products and support services for oil and natural gas well completions and field development strategies. The Company’s products and services include Multistage Unlimited, casing-installed sliding sleeves, downhole frac isolation assembly, AirLock casing buoyancy system and liner hanger systems.

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