Natural Gas Services Group (NGS) to Release Quarterly Earnings on Monday

Natural Gas Services Group (NYSE:NGS) is expected to be posting its quarterly earnings results before the market opens on Monday, April 7th. Analysts expect Natural Gas Services Group to post earnings of $0.27 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Natural Gas Services Group (NYSE:NGS) last released its quarterly earnings results on Monday, March 17th. The oil and gas company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.02. Natural Gas Services Group had a return on equity of 6.60% and a net margin of 10.55%. The company had revenue of $40.66 million during the quarter, compared to analysts’ expectations of $40.84 million. During the same period last year, the business posted $0.14 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 Price Performance

Shares of NGS stock opened at $21.73 on Monday. Natural Gas Services Group has a fifty-two week low of $16.70 and a fifty-two week high of $29.74. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.16 and a current ratio of 1.76. The firm has a market capitalization of $271.83 million, a price-to-earnings ratio of 16.98 and a beta of 1.13. The stock’s 50-day simple moving average is $25.06 and its 200-day simple moving average is $24.05.

Analyst Ratings Changes

NGS has been the topic of several research analyst reports. Raymond James reissued a “strong-buy” rating and set a $32.00 target price (down previously from $33.00) on shares of Natural Gas Services Group in a research report on Wednesday, March 19th. StockNews.com raised shares of Natural Gas Services Group from a “sell” rating to a “hold” rating in a report on Wednesday, March 26th.

Insider Activity

In other news, Director Stephen Charles Taylor sold 19,400 shares of the stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $28.80, for a total value of $558,720.00. Following the sale, the director now owns 438,387 shares in the company, valued at $12,625,545.60. This represents a 4.24 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 7.25% of the company’s stock.

About Natural Gas Services Group

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.