C&J Energy Services, Inc. Expected to Post Q3 2017 Earnings of $0.19 Per Share (NYSE:CJ)

C&J Energy Services, Inc. (NYSE:CJ) – Equities researchers at Capital One Financial Corporation increased their Q3 2017 EPS estimates for C&J Energy Services in a note issued to investors on Tuesday. Capital One Financial Corporation analyst L. Lemoine now expects that the company will post earnings of $0.19 per share for the quarter, up from their prior forecast of $0.12. Capital One Financial Corporation also issued estimates for C&J Energy Services’ Q4 2017 earnings at $0.24 EPS, FY2017 earnings at $0.03 EPS and FY2018 earnings at $2.89 EPS.

ILLEGAL ACTIVITY WARNING: “C&J Energy Services, Inc. Expected to Post Q3 2017 Earnings of $0.19 Per Share (NYSE:CJ)” was reported by Transcript Daily and is the property of of Transcript Daily. If you are reading this story on another website, it was illegally copied and reposted in violation of international trademark and copyright laws. The correct version of this story can be viewed at https://transcriptdaily.com/2017/08/13/cj-energy-services-inc-expected-to-post-q3-2017-earnings-of-0-19-per-share-nysecj.html.

CJ has been the subject of a number of other research reports. Zacks Investment Research upgraded shares of C&J Energy Services from a “hold” rating to a “buy” rating and set a $37.00 price target for the company in a research note on Wednesday, June 21st. Wells Fargo & Company restated an “outperform” rating on shares of C&J Energy Services in a research note on Wednesday, May 10th. Nomura began coverage on shares of C&J Energy Services in a research note on Wednesday, April 19th. They issued a “buy” rating and a $46.00 price target for the company. Deutsche Bank AG began coverage on shares of C&J Energy Services in a research note on Wednesday, May 3rd. They issued a “buy” rating and a $43.00 price target for the company. Finally, Evercore ISI restated an “outperform” rating and issued a $43.00 price target on shares of C&J Energy Services in a research note on Tuesday, May 2nd. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $40.45.

C&J Energy Services (NYSE:CJ) opened at 26.88 on Friday. The company has a 50 day moving average of $31.56 and a 200-day moving average of $32.08. The stock’s market capitalization is $1.70 billion. C&J Energy Services has a 52-week low of $20.26 and a 52-week high of $36.78.

Hedge funds have recently added to or reduced their stakes in the stock. Quantbot Technologies LP acquired a new stake in C&J Energy Services during the second quarter valued at $144,000. SG Americas Securities LLC acquired a new stake in C&J Energy Services during the second quarter valued at $152,000. US Bancorp DE acquired a new stake in C&J Energy Services during the second quarter valued at $168,000. BNP Paribas Arbitrage SA acquired a new stake in C&J Energy Services during the second quarter valued at $199,000. Finally, Virtu KCG Holdings LLC acquired a new stake in C&J Energy Services during the second quarter valued at $206,000. Hedge funds and other institutional investors own 89.35% of the company’s stock.

C&J Energy Services Company Profile

Seaside Exploration Partners Corp is a Canada-based capital pool company. The Company focuses on the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction. The Qualifying Transaction may involve the acquisition of a business or assets located outside of Canada.

Earnings History and Estimates for C&J Energy Services (NYSE:CJ)

Receive News & Ratings for C&J Energy Services Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for C&J Energy Services Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply