Cypress Energy Partners, L.P. (NYSE:CELP) has been given a $8.00 price objective by analysts at Robert W. Baird in a report issued on Friday. The brokerage currently has a “hold” rating on the oil and gas company’s stock. Robert W. Baird’s price objective suggests a potential upside of 17.82% from the company’s current price.

Several other research firms also recently weighed in on CELP. Zacks Investment Research upgraded Cypress Energy Partners, L.P. from a “hold” rating to a “strong-buy” rating and set a $9.00 target price on the stock in a research report on Monday, October 16th. Stifel Nicolaus reiterated a “hold” rating and set a $8.00 target price on shares of Cypress Energy Partners, L.P. in a research report on Friday, July 28th. Four investment analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and a consensus price target of $8.00.

Cypress Energy Partners, L.P. (NYSE CELP) traded up $0.48 during midday trading on Friday, reaching $6.79. The company had a trading volume of 59,600 shares, compared to its average volume of 34,465. The stock has a market capitalization of $83.23, a P/E ratio of 16.60 and a beta of 1.36. The company has a quick ratio of 4.31, a current ratio of 3.78 and a debt-to-equity ratio of 14.67. Cypress Energy Partners, L.P. has a 12 month low of $6.12 and a 12 month high of $14.27.

Cypress Energy Partners, L.P. (NYSE:CELP) last released its earnings results on Monday, August 14th. The oil and gas company reported $0.12 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.10. The company had revenue of $74.57 million for the quarter, compared to the consensus estimate of $69.73 million. Cypress Energy Partners, L.P. had a return on equity of 22.34% and a net margin of 0.15%. sell-side analysts anticipate that Cypress Energy Partners, L.P. will post 0.42 earnings per share for the current fiscal year.

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Cypress Energy Partners, L.P. Company Profile

Cypress Energy Partners, L.P. is a limited partnership company, which serves energy companies throughout North America. The Company provides independent pipeline inspection and integrity services to producers and pipeline companies and water and environmental services with salt water disposal (SWD) facilities to the United States onshore oil and natural gas producers and trucking companies.

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