Emerge Energy Services LP (NYSE:EMES)‘s stock had its “buy” rating reaffirmed by equities researchers at Stifel Nicolaus in a research report issued to clients and investors on Sunday. They currently have a $13.00 price objective on the oil and gas company’s stock. Stifel Nicolaus’ target price indicates a potential upside of 97.87% from the stock’s current price.

Several other research firms have also issued reports on EMES. Evercore ISI assumed coverage on shares of Emerge Energy Services in a research note on Thursday, May 25th. They issued an “in-line” rating and a $15.00 price objective for the company. ValuEngine lowered shares of Emerge Energy Services from a “hold” rating to a “sell” rating in a research note on Saturday, June 10th. Zacks Investment Research lowered shares of Emerge Energy Services from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Cowen and Company reaffirmed a “hold” rating and issued a $12.00 price objective on shares of Emerge Energy Services in a research note on Tuesday, July 11th. Finally, Janney Montgomery Scott assumed coverage on shares of Emerge Energy Services in a research note on Wednesday. They issued a “neutral” rating and a $8.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. Emerge Energy Services has a consensus rating of “Hold” and an average price target of $17.00.

Emerge Energy Services (EMES) opened at 6.57 on Friday. The stock’s market capitalization is $198.09 million. The firm has a 50-day moving average price of $6.49 and a 200 day moving average price of $10.77. Emerge Energy Services has a 52-week low of $5.65 and a 52-week high of $24.45.

Emerge Energy Services (NYSE:EMES) last released its quarterly earnings data on Thursday, August 3rd. The oil and gas company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by $0.02. Emerge Energy Services had a negative net margin of 14.29% and a negative return on equity of 170.44%. The business had revenue of $82.60 million during the quarter, compared to analyst estimates of $97.18 million. During the same period in the previous year, the firm posted ($1.17) EPS. The firm’s revenue for the quarter was up 233.1% on a year-over-year basis. On average, equities research analysts predict that Emerge Energy Services will post ($0.56) EPS for the current year.

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Institutional investors have recently added to or reduced their stakes in the business. FNY Partners Fund LP acquired a new position in Emerge Energy Services during the 1st quarter worth $117,000. Deprince Race & Zollo Inc. lifted its position in Emerge Energy Services by 4.0% during the 1st quarter. Deprince Race & Zollo Inc. now owns 10,400 shares of the oil and gas company’s stock worth $144,000 after acquiring an additional 400 shares during the last quarter. Peconic Partners LLC acquired a new position in Emerge Energy Services during the 1st quarter worth $150,000. KCG Holdings Inc. acquired a new position in Emerge Energy Services during the 1st quarter worth $165,000. Finally, Stifel Financial Corp lifted its position in Emerge Energy Services by 16.3% during the 1st quarter. Stifel Financial Corp now owns 15,406 shares of the oil and gas company’s stock worth $217,000 after acquiring an additional 2,155 shares during the last quarter. 31.03% of the stock is owned by hedge funds and other institutional investors.

About Emerge Energy Services

Emerge Energy Services LP owns, operates, acquires and develops a portfolio of energy service assets. The Company operates through Sand segment. The Company conducts its Sand operations through its subsidiary, Superior Silica Sands LLC (SSS). The Company’s Sand business mines, processes and distributes silica sand, an input for the hydraulic fracturing of oil and gas wells.

Analyst Recommendations for Emerge Energy Services (NYSE:EMES)

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