-$0.03 Earnings Per Share Expected for Eco-Stim Energy Solutions Inc (ESES) This Quarter

Equities research analysts expect Eco-Stim Energy Solutions Inc (NASDAQ:ESES) to report ($0.03) earnings per share for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Eco-Stim Energy Solutions’ earnings. The highest EPS estimate is ($0.01) and the lowest is ($0.04). Eco-Stim Energy Solutions reported earnings per share of ($0.23) during the same quarter last year, which suggests a positive year over year growth rate of 87%. The company is expected to announce its next quarterly earnings results on Friday, March 9th.

On average, analysts expect that Eco-Stim Energy Solutions will report full year earnings of ($0.55) per share for the current financial year, with EPS estimates ranging from ($0.79) to ($0.41). For the next financial year, analysts forecast that the business will report earnings of $0.10 per share, with EPS estimates ranging from $0.06 to $0.18. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that that provide coverage for Eco-Stim Energy Solutions.

A number of equities analysts recently commented on ESES shares. FBR & Co set a $3.00 price target on Eco-Stim Energy Solutions and gave the stock a “buy” rating in a report on Thursday, October 19th. B. Riley reiterated a “buy” rating on shares of Eco-Stim Energy Solutions in a report on Wednesday, November 1st. Zacks Investment Research cut Eco-Stim Energy Solutions from a “hold” rating to a “sell” rating in a report on Wednesday, November 15th. Imperial Capital started coverage on Eco-Stim Energy Solutions in a report on Thursday, November 30th. They set an “outperform” rating and a $2.00 price target for the company. Finally, Seaport Global Securities upgraded Eco-Stim Energy Solutions from a “neutral” rating to a “buy” rating in a report on Wednesday, December 20th. One investment analyst has rated the stock with a sell rating and five have given a buy rating to the company’s stock. Eco-Stim Energy Solutions has a consensus rating of “Buy” and an average price target of $2.22.

Large investors have recently modified their holdings of the company. Bienville Capital Management LLC boosted its holdings in shares of Eco-Stim Energy Solutions by 107.4% during the third quarter. Bienville Capital Management LLC now owns 6,178,261 shares of the oil and gas company’s stock worth $9,514,000 after acquiring an additional 3,198,727 shares during the period. Victory Capital Management Inc. bought a new stake in shares of Eco-Stim Energy Solutions during the third quarter worth approximately $279,000. B. Riley Financial Inc. bought a new stake in shares of Eco-Stim Energy Solutions during the third quarter worth approximately $143,000. Finally, Vanguard Group Inc. boosted its holdings in shares of Eco-Stim Energy Solutions by 5.5% during the second quarter. Vanguard Group Inc. now owns 512,551 shares of the oil and gas company’s stock worth $641,000 after acquiring an additional 26,572 shares during the period. Institutional investors own 84.01% of the company’s stock.

Eco-Stim Energy Solutions (ESES) opened at $1.34 on Thursday. Eco-Stim Energy Solutions has a 1-year low of $0.85 and a 1-year high of $1.97. The company has a current ratio of 1.50, a quick ratio of 1.33 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $96.91, a PE ratio of -1.23 and a beta of 2.14.

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About Eco-Stim Energy Solutions

Eco-Stim Energy Solutions, Inc is an oilfield services company. The Company provides well stimulation, coiled tubing and field management services to the upstream oil and gas industry. The Company focuses on the active shale and unconventional oil and natural gas basins outside the United States and it has commenced operations in Argentina.

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Earnings History and Estimates for Eco-Stim Energy Solutions (NASDAQ:ESES)

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