Natural Gas Services Group, Inc. (NYSE:NGS) announced its earnings results on Thursday. The oil and gas company reported $0.04 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.01), Briefing.com reports. The company had revenue of $15.91 million for the quarter, compared to the consensus estimate of $18.05 million. Natural Gas Services Group had a return on equity of 0.98% and a net margin of 3.41%. The firm’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.12 earnings per share.

Shares of Natural Gas Services Group (NYSE:NGS) traded down $0.35 during trading on Friday, reaching $27.45. The company’s stock had a trading volume of 24,972 shares, compared to its average volume of 20,159. The stock has a market capitalization of $361.60 million, a price-to-earnings ratio of 155.28 and a beta of 1.33.

In other news, CEO Stephen Charles Taylor sold 3,874 shares of the firm’s stock in a transaction dated Tuesday, October 3rd. The shares were sold at an average price of $28.58, for a total value of $110,718.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP James R. Hazlett sold 12,350 shares of the firm’s stock in a transaction dated Wednesday, September 27th. The stock was sold at an average price of $28.02, for a total transaction of $346,047.00. Following the completion of the sale, the vice president now owns 50,375 shares of the company’s stock, valued at approximately $1,411,507.50. The disclosure for this sale can be found here. Company insiders own 6.88% of the company’s stock.

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NGS has been the subject of several analyst reports. ValuEngine lowered Natural Gas Services Group from a “hold” rating to a “sell” rating in a research report on Thursday, July 20th. Seaport Global Securities reaffirmed a “buy” rating on shares of Natural Gas Services Group in a research report on Friday, August 4th. Zacks Investment Research lowered Natural Gas Services Group from a “hold” rating to a “sell” rating in a research report on Thursday, August 10th. Finally, Imperial Capital initiated coverage on Natural Gas Services Group in a research report on Wednesday, August 23rd. They set an “outperform” rating and a $27.00 target price for the company. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $32.67.

About Natural Gas Services Group

Natural Gas Services Group, Inc is a provider of small to medium horsepower compression equipment to the natural gas industry. The Company focuses primarily on the non-conventional natural gas and oil production business in the United States, such as coal bed methane, gas shale, tight gas and oil shales.

Earnings History for Natural Gas Services Group (NYSE:NGS)

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