Analysts Offer Predictions for Essential Energy Services Ltd’s Q1 2018 Earnings (ESN)
Essential Energy Services Ltd (TSE:ESN) – Stock analysts at Cormark cut their Q1 2018 EPS estimates for Essential Energy Services in a report released on Friday. Cormark analyst J. Zhang now forecasts that the company will post earnings per share of $0.04 for the quarter, down from their previous estimate of $0.05. Cormark also issued estimates for Essential Energy Services’ Q4 2018 earnings at $0.02 EPS.
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ESN has been the subject of a number of other reports. Canaccord Genuity lifted their price target on shares of Essential Energy Services from C$0.80 to C$0.90 in a research note on Friday, May 12th. AltaCorp Capital cut shares of Essential Energy Services from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, April 18th. Three equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of C$1.05.
Shares of Essential Energy Services (TSE:ESN) opened at 0.52 on Monday. Essential Energy Services has a 52-week low of $0.51 and a 52-week high of $0.90. The firm’s 50-day moving average is $0.60 and its 200 day moving average is $0.67. The stock’s market capitalization is $65.06 million.
Essential Energy Services Company Profile
Essential Energy Services Ltd is a Canada-based company, which provides oilfield services to oil and natural gas producers, primarily in western Canada.
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