Natural Gas Services Group (NGS) to Release Earnings on Thursday

Natural Gas Services Group (NYSE:NGS) is set to release its earnings data after the market closes on Thursday, November 14th. Analysts expect Natural Gas Services Group to post earnings of $0.23 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Natural Gas Services Group (NYSE:NGS) last issued its quarterly earnings data on Wednesday, August 14th. The oil and gas company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.05. The company had revenue of $38.49 million for the quarter, compared to analyst estimates of $36.79 million. Natural Gas Services Group had a net margin of 9.25% and a return on equity of 5.53%. During the same period in the prior year, the firm earned $0.10 earnings per share. On average, analysts expect Natural Gas Services Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Natural Gas Services Group Stock Performance

Shares of NGS stock opened at $22.90 on Thursday. Natural Gas Services Group has a 52 week low of $12.75 and a 52 week high of $25.24. The company has a market capitalization of $285.56 million, a price-to-earnings ratio of 21.60 and a beta of 1.03. The company has a 50-day simple moving average of $19.97 and a 200 day simple moving average of $20.57. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.66 and a current ratio of 2.34.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on NGS shares. Raymond James began coverage on Natural Gas Services Group in a report on Wednesday, August 7th. They set a “strong-buy” rating and a $27.00 price objective for the company. StockNews.com raised Natural Gas Services Group from a “sell” rating to a “hold” rating in a report on Friday, August 16th.

Insiders Place Their Bets

In related news, Director Stephen Charles Taylor sold 3,181 shares of the business’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $22.00, for a total value of $69,982.00. Following the completion of the sale, the director now directly owns 548,387 shares in the company, valued at approximately $12,064,514. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 7.25% of the company’s stock.

Natural Gas Services Group Company Profile

Natural Gas Services Group, Inc provides natural gas compression equipment and services to the energy industry in the United States. It engineers and fabricates, operates, rents, and maintains natural gas compressors for oil and natural gas production and plant facilities. It also designs, fabricates, and assembles compressor units for rental or sale; and designs, manufactures, and sells a line of reciprocating natural gas compressor frames, cylinders, and parts.