Quintana Energy Services (NYSE:QES)‘s stock had its “buy” rating reaffirmed by Barclays in a research note issued on Saturday. They currently have a $10.00 price target on the stock. Barclays’ price target would indicate a potential upside of 28.21% from the company’s current price.
Separately, Zacks Investment Research lowered shares of Quintana Energy Services from a “hold” rating to a “sell” rating in a research note on Tuesday, May 22nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the stock. Quintana Energy Services currently has an average rating of “Buy” and a consensus price target of $11.82.
Shares of Quintana Energy Services traded up $0.19, reaching $7.80, during trading on Friday, Marketbeat reports. The company had a trading volume of 13,323 shares, compared to its average volume of 24,263. The firm has a market cap of $251.43 million and a PE ratio of -156.00. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.63 and a current ratio of 1.99. Quintana Energy Services has a fifty-two week low of $6.62 and a fifty-two week high of $10.67.
Quintana Energy Services (NYSE:QES) last issued its earnings results on Thursday, August 9th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.06. The company had revenue of $152.54 million during the quarter, compared to analyst estimates of $149.40 million. equities analysts predict that Quintana Energy Services will post 0.44 earnings per share for the current year.
Institutional investors have recently modified their holdings of the company. Schwab Charles Investment Management Inc. acquired a new stake in Quintana Energy Services during the first quarter worth about $100,000. GSA Capital Partners LLP acquired a new stake in Quintana Energy Services during the second quarter worth about $120,000. Citadel Advisors LLC acquired a new stake in Quintana Energy Services during the first quarter worth about $159,000. JPMorgan Chase & Co. acquired a new stake in Quintana Energy Services during the first quarter worth about $275,000. Finally, Citigroup Inc. acquired a new stake in Quintana Energy Services during the first quarter worth about $321,000. Institutional investors and hedge funds own 16.88% of the company’s stock.
About Quintana Energy Services
Quintana Energy Services Inc provides oilfield services to onshore oil and natural gas exploration and production companies operating in conventional and unconventional plays in the United States. It operates through four segments: Directional Drilling Services, Pressure Pumping Services, Pressure Control Services, and Wireline Services.
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