Eco-Stim Energy Solutions Inc (NASDAQ:ESES) – Analysts at B. Riley issued their Q3 2018 earnings estimates for shares of Eco-Stim Energy Solutions in a research report issued on Thursday, August 16th. B. Riley analyst T. Curran expects that the oil and gas company will earn ($0.11) per share for the quarter. B. Riley has a “Buy” rating and a $1.80 price target on the stock. B. Riley also issued estimates for Eco-Stim Energy Solutions’ Q4 2018 earnings at ($0.08) EPS, FY2018 earnings at ($0.52) EPS, Q1 2019 earnings at ($0.06) EPS, Q2 2019 earnings at ($0.05) EPS, Q3 2019 earnings at ($0.03) EPS, Q4 2019 earnings at ($0.02) EPS and FY2019 earnings at ($0.15) EPS.

Other equities research analysts also recently issued research reports about the company. ValuEngine raised Eco-Stim Energy Solutions from a “strong sell” rating to a “sell” rating in a research report on Friday, May 4th. Zacks Investment Research raised Eco-Stim Energy Solutions from a “sell” rating to a “hold” rating in a research report on Wednesday, August 15th. Finally, Imperial Capital downgraded Eco-Stim Energy Solutions from an “outperform” rating to an “in-line” rating and set a $2.00 target price for the company. in a research report on Wednesday, May 16th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $2.08.

Shares of NASDAQ ESES opened at $0.48 on Monday. Eco-Stim Energy Solutions has a 1-year low of $0.40 and a 1-year high of $1.62. The company has a quick ratio of 0.50, a current ratio of 0.59 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $42.30 million, a PE ratio of -1.85 and a beta of 2.25.

Eco-Stim Energy Solutions (NASDAQ:ESES) last issued its earnings results on Tuesday, August 14th. The oil and gas company reported ($0.16) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.07) by ($0.09). Eco-Stim Energy Solutions had a negative return on equity of 40.56% and a negative net margin of 58.72%. The company had revenue of $18.21 million during the quarter, compared to analysts’ expectations of $31.20 million.

Large investors have recently added to or reduced their stakes in the stock. SCP Investment LP lifted its stake in shares of Eco-Stim Energy Solutions by 148.7% in the first quarter. SCP Investment LP now owns 497,322 shares of the oil and gas company’s stock worth $472,000 after acquiring an additional 297,322 shares in the last quarter. Victory Capital Management Inc. lifted its stake in shares of Eco-Stim Energy Solutions by 988.3% in the first quarter. Victory Capital Management Inc. now owns 1,455,056 shares of the oil and gas company’s stock worth $1,383,000 after acquiring an additional 1,321,359 shares in the last quarter. Finally, Bienville Capital Management LLC lifted its stake in shares of Eco-Stim Energy Solutions by 2.2% in the second quarter. Bienville Capital Management LLC now owns 6,117,923 shares of the oil and gas company’s stock worth $3,977,000 after acquiring an additional 133,718 shares in the last quarter. Institutional investors and hedge funds own 84.92% of the company’s stock.

Eco-Stim Energy Solutions Company Profile

Eco-Stim Energy Solutions, Inc provides oilfield services in the United States and Argentina. The company offers pressure pumping, coiled tubing, and field management services to the upstream oil and gas industry. Its customers consist primarily of international oil and gas exploration and production companies, including national oil companies, local privately-held exploration and production companies, and other service companies.

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

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