Q1 EPS Estimate for Select Water Solutions Cut by Analyst

Select Water Solutions, Inc. (NYSE:WTTR) – Research analysts at Northland Capmk lowered their Q1 2025 EPS estimates for Select Water Solutions in a report released on Tuesday, February 25th. Northland Capmk analyst B. Brooks now expects that the company will post earnings of $0.06 per share for the quarter, down from their previous estimate of $0.18. The consensus estimate for Select Water Solutions’ current full-year earnings is $0.91 per share. Northland Capmk also issued estimates for Select Water Solutions’ FY2025 earnings at $0.64 EPS.

Separately, Citigroup increased their price objective on Select Water Solutions from $14.00 to $18.00 and gave the stock a “buy” rating in a report on Friday, January 10th.

Select Water Solutions Price Performance

Select Water Solutions stock opened at $12.12 on Thursday. The firm has a market capitalization of $1.45 billion, a P/E ratio of 40.38 and a beta of 1.73. Select Water Solutions has a one year low of $8.12 and a one year high of $15.14. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.65 and a quick ratio of 1.62. The business has a fifty day moving average price of $13.16 and a 200-day moving average price of $12.45.

Select Water Solutions (NYSE:WTTR) last released its quarterly earnings data on Tuesday, February 18th. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.13 by ($0.14). Select Water Solutions had a return on equity of 3.48% and a net margin of 2.11%. The business had revenue of $349.05 million during the quarter, compared to the consensus estimate of $333.62 million.

Select Water Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Tuesday, February 4th were issued a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 2.31%. The ex-dividend date of this dividend was Tuesday, February 4th. Select Water Solutions’s payout ratio is 93.33%.

Insider Buying and Selling at Select Water Solutions

In other news, CEO John Schmitz sold 26,550 shares of the company’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $13.16, for a total value of $349,398.00. Following the transaction, the chief executive officer now owns 2,898,578 shares of the company’s stock, valued at approximately $38,145,286.48. This represents a 0.91 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 8.40% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in WTTR. Creative Planning bought a new position in shares of Select Water Solutions in the third quarter worth $112,000. New York State Teachers Retirement System increased its stake in Select Water Solutions by 13.8% in the third quarter. New York State Teachers Retirement System now owns 8,327 shares of the company’s stock valued at $93,000 after acquiring an additional 1,010 shares during the last quarter. Harbor Capital Advisors Inc. increased its stake in Select Water Solutions by 148.1% in the third quarter. Harbor Capital Advisors Inc. now owns 1,121,146 shares of the company’s stock valued at $12,478,000 after acquiring an additional 669,301 shares during the last quarter. Principal Financial Group Inc. bought a new position in Select Water Solutions in the third quarter valued at $483,000. Finally, Verity Asset Management Inc. bought a new position in Select Water Solutions in the third quarter valued at $228,000. Institutional investors own 81.73% of the company’s stock.

Select Water Solutions Company Profile

Select Water Solutions, Inc, together with its subsidiaries, provides water management and chemical solutions to the energy industry in the United States. The company operates through three segments: Water Services, Water Infrastructure, and Chemical Technologies. The Water Services segment provides water-related services, including water sourcing, water transfer, flowback and well testing, water containment, fluids hauling, water monitoring, and water network automation; technology solutions comprising hydrographic mapping, water volume and quality monitoring, remote pit and tank monitoring, leak detection, asset and fuel tracking, and automated-equipment services, as well as various surface rental equipment and workforce accommodation services.