Q1 2017 EPS Estimates for Eco-Stim Energy Solutions Inc (ESES) Lowered by Analyst

Eco-Stim Energy Solutions Inc (NASDAQ:ESES) – Equities researchers at Seaport Global Securities reduced their Q1 2017 earnings per share estimates for shares of Eco-Stim Energy Solutions in a research note issued on Wednesday. Seaport Global Securities analyst M. Brown now forecasts that the firm will post earnings of ($0.35) per share for the quarter, down from their previous forecast of ($0.23). Seaport Global Securities also issued estimates for Eco-Stim Energy Solutions’ Q2 2017 earnings at ($0.20) EPS, Q3 2017 earnings at ($0.01) EPS, FY2017 earnings at ($0.28) EPS, Q1 2018 earnings at $0.02 EPS, Q2 2018 earnings at $0.02 EPS, Q3 2018 earnings at $0.03 EPS, Q4 2018 earnings at $0.03 EPS and FY2018 earnings at $0.10 EPS.

Other equities analysts have also issued reports about the stock. FBR & Co restated a “buy” rating and set a $1.85 price target on shares of Eco-Stim Energy Solutions in a research report on Monday. Zacks Investment Research upgraded shares of Eco-Stim Energy Solutions from a “sell” rating to a “hold” rating in a research report on Monday, March 13th.

Earnings History and Estimates for Eco-Stim Energy Solutions (NASDAQ:ESES)

Your IP Address:

Eco-Stim Energy Solutions (NASDAQ:ESES) opened at 1.19 on Monday. The firm has a 50-day moving average of $1.18 and a 200-day moving average of $1.61. Eco-Stim Energy Solutions has a 52 week low of $0.66 and a 52 week high of $3.38. The company’s market capitalization is $16.24 million.

A hedge fund recently bought a new stake in Eco-Stim Energy Solutions stock. Old West Investment Management LLC acquired a new stake in shares of Eco-Stim Energy Solutions Inc (NASDAQ:ESES) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 200,000 shares of the company’s stock, valued at approximately $192,000. Old West Investment Management LLC owned 1.39% of Eco-Stim Energy Solutions at the end of the most recent reporting period. 51.51% of the stock is currently owned by institutional investors.

About Eco-Stim Energy Solutions

Eco-Stim Energy Solutions, Inc is an oilfield services company. The Company provides well stimulation, coiled tubing and field management services to the upstream oil and gas industry. The Company focuses on the active shale and unconventional oil and natural gas basins outside the United States and it has commenced operations in Argentina.

5 Day Chart for NASDAQ:ESES

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



Leave a Reply

 
© 2006-2017 Mideast Time.