Apergy (NYSE:APY) will issue its quarterly earnings data after the market closes on Wednesday, July 24th. Analysts expect the company to announce earnings of $0.34 per share for the quarter.

Apergy (NYSE:APY) last released its quarterly earnings results on Tuesday, April 30th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.31 by $0.01. Apergy had a return on equity of 11.40% and a net margin of 7.47%. The business had revenue of $301.70 million during the quarter, compared to analysts’ expectations of $301.37 million. The firm’s quarterly revenue was up 6.6% compared to the same quarter last year. On average, analysts expect Apergy to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Apergy stock opened at $31.62 on Tuesday. The firm has a 50-day simple moving average of $31.83. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.53 and a quick ratio of 1.44. Apergy has a 12-month low of $25.85 and a 12-month high of $46.11. The company has a market capitalization of $2.34 billion, a PE ratio of 21.96, a price-to-earnings-growth ratio of 1.30 and a beta of 2.19.

APY has been the subject of a number of research analyst reports. Zacks Investment Research raised HB Fuller from a “sell” rating to a “hold” rating in a report on Wednesday, July 3rd. Bank of America reaffirmed an “underperform” rating and issued a $1.25 price target (down from $4.50) on shares of Superior Energy Services in a report on Tuesday, June 25th. Piper Jaffray Companies began coverage on Apergy in a report on Wednesday, April 3rd. They issued an “overweight” rating and a $41.03 price target for the company. Jefferies Financial Group raised SALVATORE FERRA/ADR from an “underperform” rating to a “hold” rating in a report on Tuesday, June 25th. Finally, Wells Fargo & Co reissued a “buy” rating on shares of Helmerich & Payne in a report on Thursday, June 27th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $42.80.

About Apergy

Apergy Corporation provides engineered equipment and technologies that help companies drill for and produce oil and gas worldwide. The company operates through two segments, Production & Automation Technologies and Drilling Technologies. The Production & Automation Technologies segment offers artificial lift equipment and solutions, including rod pumping systems, electric submersible pump systems, progressive cavity pumps, and drive systems and plunger lifts; and automation and digital equipment, software, and industrial Internet of things solutions for downhole monitoring, wellsite productivity enhancement, and asset integrity management.

See Also: What is an SEC Filing?

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