Wall Street brokerages expect that Emerge Energy Services LP (NYSE:EMES) will report sales of $61.38 million for the current quarter, Zacks Investment Research reports. Five analysts have issued estimates for Emerge Energy Services’ earnings, with estimates ranging from $44.80 million to $81.20 million. Emerge Energy Services posted sales of $103.14 million in the same quarter last year, which would indicate a negative year-over-year growth rate of 40.5%. The firm is scheduled to report its next quarterly earnings report on Monday, February 25th.

On average, analysts expect that Emerge Energy Services will report full-year sales of $338.13 million for the current year, with estimates ranging from $316.40 million to $378.30 million. For the next fiscal year, analysts expect that the company will post sales of $320.56 million, with estimates ranging from $282.00 million to $359.90 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of research firms that that provide coverage for Emerge Energy Services.

Emerge Energy Services (NYSE:EMES) last released its quarterly earnings results on Tuesday, November 6th. The oil and gas company reported ($0.12) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.28). The business had revenue of $63.00 million during the quarter, compared to analyst estimates of $98.85 million. Emerge Energy Services had a net margin of 3.39% and a return on equity of 21.49%. The company’s revenue was down 39.0% on a year-over-year basis. During the same quarter last year, the company posted $0.16 earnings per share.

A number of research analysts recently issued reports on EMES shares. Stifel Nicolaus reiterated a “hold” rating and issued a $5.00 price objective on shares of Emerge Energy Services in a report on Wednesday, November 21st. Zacks Investment Research lowered shares of Emerge Energy Services from a “hold” rating to a “strong sell” rating in a research note on Monday, September 17th. Seaport Global Securities set a $4.00 price objective on shares of Emerge Energy Services and gave the company a “buy” rating in a research note on Thursday, October 18th. Piper Jaffray Companies set a $5.00 price target on shares of Emerge Energy Services and gave the company a “hold” rating in a research report on Tuesday, October 2nd. Finally, B. Riley set a $2.00 price target on shares of Emerge Energy Services and gave the company a “hold” rating in a research report on Friday, November 9th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $5.50.

In related news, Director Mark A. Gottfredson acquired 10,000 shares of the company’s stock in a transaction dated Tuesday, September 11th. The stock was purchased at an average price of $4.60 per share, with a total value of $46,000.00. Following the completion of the purchase, the director now owns 125,082 shares in the company, valued at approximately $575,377.20. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

A hedge fund recently raised its stake in Emerge Energy Services stock. Private Advisor Group LLC raised its stake in Emerge Energy Services LP (NYSE:EMES) by 88.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,100 shares of the oil and gas company’s stock after acquiring an additional 8,950 shares during the period. Private Advisor Group LLC owned approximately 0.06% of Emerge Energy Services worth $135,000 as of its most recent SEC filing. 10.27% of the stock is owned by institutional investors and hedge funds.

EMES opened at $2.70 on Friday. Emerge Energy Services has a 1-year low of $1.61 and a 1-year high of $10.45. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.76 and a current ratio of 1.31. The company has a market capitalization of $84.11 million, a PE ratio of -22.42 and a beta of 2.46.

About Emerge Energy Services

Emerge Energy Services LP, through its subsidiary, Superior Silica Sands LLC, operates an energy services company in the United States. It engages in mining, producing, and distributing silica sand, which is a primary input for the hydraulic fracturing of oil and natural gas wells. The company serves oilfield services companies, and exploration and production companies that are engaged in hydraulic fracturing.

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