Brokerages forecast that Natural Gas Services Group, Inc. (NYSE:NGS) will announce earnings per share of $0.07 for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Natural Gas Services Group’s earnings. The highest EPS estimate is $0.11 and the lowest is $0.04. Natural Gas Services Group reported earnings per share of $0.09 in the same quarter last year, which would indicate a negative year-over-year growth rate of 22.2%. The company is scheduled to report its next earnings report on Thursday, March 8th.

On average, analysts expect that Natural Gas Services Group will report full-year earnings of $0.16 per share for the current fiscal year, with EPS estimates ranging from $0.13 to $0.21. For the next fiscal year, analysts forecast that the company will report earnings of $0.49 per share, with EPS estimates ranging from $0.41 to $0.57. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side analysts that cover Natural Gas Services Group.

Natural Gas Services Group (NYSE:NGS) last announced its earnings results on Thursday, November 2nd. The oil and gas company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.05 by ($0.01). The business had revenue of $15.91 million during the quarter, compared to analyst estimates of $18.05 million. Natural Gas Services Group had a return on equity of 0.98% and a net margin of 3.41%. The firm’s revenue was down 1.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.12 earnings per share.

Separately, Zacks Investment Research upgraded shares of Natural Gas Services Group from a “sell” rating to a “hold” rating in a research report on Thursday, October 5th.

In related news, VP James R. Hazlett sold 6,410 shares of the business’s stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of $28.98, for a total value of $185,761.80. Following the completion of the transaction, the vice president now owns 48,109 shares in the company, valued at approximately $1,394,198.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Stephen Charles Taylor sold 16,212 shares of the company’s stock in a transaction on Tuesday, December 19th. The shares were sold at an average price of $25.17, for a total transaction of $408,056.04. Following the sale, the chief executive officer now owns 293,300 shares of the company’s stock, valued at approximately $7,382,361. The disclosure for this sale can be found here. Insiders sold a total of 38,787 shares of company stock valued at $1,016,836 in the last 90 days. 6.88% of the stock is currently owned by corporate insiders.

Several institutional investors have recently modified their holdings of NGS. Schwab Charles Investment Management Inc. raised its position in shares of Natural Gas Services Group by 0.6% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 89,885 shares of the oil and gas company’s stock valued at $2,234,000 after acquiring an additional 579 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Natural Gas Services Group by 31.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 14,454 shares of the oil and gas company’s stock valued at $359,000 after buying an additional 3,445 shares in the last quarter. Teachers Advisors LLC increased its position in shares of Natural Gas Services Group by 4.4% in the 2nd quarter. Teachers Advisors LLC now owns 33,395 shares of the oil and gas company’s stock valued at $830,000 after buying an additional 1,402 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of Natural Gas Services Group by 33.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 219,132 shares of the oil and gas company’s stock valued at $5,445,000 after buying an additional 55,100 shares in the last quarter. Finally, Citigroup Inc. increased its position in shares of Natural Gas Services Group by 83.1% in the 2nd quarter. Citigroup Inc. now owns 14,633 shares of the oil and gas company’s stock valued at $364,000 after buying an additional 6,643 shares in the last quarter. Institutional investors own 90.36% of the company’s stock.

Shares of Natural Gas Services Group (NYSE NGS) traded up $0.45 on Friday, hitting $28.00. The stock had a trading volume of 12,327 shares, compared to its average volume of 25,845. The firm has a market cap of $369.47, a P/E ratio of 156.11 and a beta of 1.28. Natural Gas Services Group has a fifty-two week low of $22.40 and a fifty-two week high of $29.55.

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About Natural Gas Services Group

Natural Gas Services Group, Inc is a provider of small to medium horsepower compression equipment to the natural gas industry. The Company focuses primarily on the non-conventional natural gas and oil production business in the United States, such as coal bed methane, gas shale, tight gas and oil shales.

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Earnings History and Estimates for Natural Gas Services Group (NYSE:NGS)

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