$0.07 Earnings Per Share Expected for Natural Gas Services Group, Inc. (NGS) This Quarter

Equities analysts expect that Natural Gas Services Group, Inc. (NYSE:NGS) will report $0.07 earnings per share for the current quarter, Zacks reports. Three analysts have made estimates for Natural Gas Services Group’s earnings. The highest EPS estimate is $0.11 and the lowest is $0.04. Natural Gas Services Group posted earnings per share of $0.09 during the same quarter last year, which would suggest a negative year over year growth rate of 22.2%. The business is scheduled to report its next earnings results before the market opens on Thursday, March 8th.

On average, analysts expect that Natural Gas Services Group will report full year earnings of $0.16 per share for the current fiscal year, with EPS estimates ranging from $0.13 to $0.21. For the next year, analysts anticipate that the company will report earnings of $0.49 per share, with EPS estimates ranging from $0.41 to $0.57. Zacks’ earnings per share calculations are an average based on a survey of sell-side research firms that cover Natural Gas Services Group.

Separately, Zacks Investment Research upgraded Natural Gas Services Group from a “sell” rating to a “hold” rating in a research report on Tuesday, January 9th.

Shares of Natural Gas Services Group (NYSE:NGS) traded up $0.02 during mid-day trading on Tuesday, reaching $25.82. The company had a trading volume of 40,020 shares, compared to its average volume of 26,378. The firm has a market capitalization of $330.00, a price-to-earnings ratio of 143.44 and a beta of 1.22. Natural Gas Services Group has a 1 year low of $22.40 and a 1 year high of $29.55.

In related news, VP James R. Hazlett sold 6,410 shares of Natural Gas Services Group stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $28.98, for a total value of $185,761.80. Following the completion of the sale, the vice president now directly owns 48,109 shares in the company, valued at $1,394,198.82. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP James R. Hazlett sold 1,890 shares of Natural Gas Services Group stock in a transaction dated Wednesday, January 24th. The stock was sold at an average price of $28.95, for a total value of $54,715.50. Following the completion of the sale, the vice president now owns 45,141 shares of the company’s stock, valued at $1,306,831.95. The disclosure for this sale can be found here. Over the last quarter, insiders sold 38,787 shares of company stock valued at $1,016,836. Corporate insiders own 6.53% of the company’s stock.

Several institutional investors have recently bought and sold shares of NGS. JPMorgan Chase & Co. grew its position in shares of Natural Gas Services Group by 875.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 140,925 shares of the oil and gas company’s stock worth $4,122,000 after buying an additional 126,471 shares during the period. Ameriprise Financial Inc. grew its position in shares of Natural Gas Services Group by 33.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 219,132 shares of the oil and gas company’s stock worth $5,445,000 after buying an additional 55,100 shares during the period. Monarch Partners Asset Management LLC grew its position in shares of Natural Gas Services Group by 364.8% during the 3rd quarter. Monarch Partners Asset Management LLC now owns 67,440 shares of the oil and gas company’s stock worth $1,915,000 after buying an additional 52,930 shares during the period. Northern Trust Corp grew its position in shares of Natural Gas Services Group by 6.6% during the 2nd quarter. Northern Trust Corp now owns 575,993 shares of the oil and gas company’s stock worth $14,313,000 after buying an additional 35,559 shares during the period. Finally, Sterling Capital Management LLC acquired a new position in shares of Natural Gas Services Group during the 2nd quarter worth about $838,000. Institutional investors own 89.72% of the company’s stock.

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Natural Gas Services Group Company Profile

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.

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

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