Wall Street analysts predict that Mammoth Energy Services Inc (NASDAQ:TUSK) will announce ($0.05) earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Five analysts have made estimates for Mammoth Energy Services’ earnings. The lowest EPS estimate is ($0.10) and the highest is $0.01. Mammoth Energy Services reported earnings of $1.34 per share during the same quarter last year, which indicates a negative year over year growth rate of 103.7%. The firm is scheduled to report its next earnings report on Monday, August 5th.

On average, analysts expect that Mammoth Energy Services will report full-year earnings of $0.63 per share for the current financial year, with EPS estimates ranging from $0.35 to $0.86. For the next financial year, analysts forecast that the firm will report earnings of $0.63 per share, with EPS estimates ranging from $0.29 to $0.94. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that follow Mammoth Energy Services.

Mammoth Energy Services (NASDAQ:TUSK) last released its quarterly earnings data on Wednesday, May 1st. The energy company reported $0.63 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.70 by ($0.07). The business had revenue of $262.14 million for the quarter, compared to the consensus estimate of $284.72 million. Mammoth Energy Services had a net margin of 14.32% and a return on equity of 31.76%. Mammoth Energy Services’s revenue for the quarter was down 47.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.24 EPS.

Several equities research analysts have recently issued reports on TUSK shares. Barclays restated a “buy” rating and issued a $22.00 target price on shares of Mammoth Energy Services in a report on Wednesday, March 20th. BidaskClub lowered shares of Mammoth Energy Services from a “buy” rating to a “hold” rating in a report on Friday, February 8th. ValuEngine upgraded shares of Mammoth Energy Services from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Zacks Investment Research upgraded shares of Mammoth Energy Services from a “sell” rating to a “hold” rating in a report on Thursday, February 28th. Finally, Tudor Pickering lowered shares of Mammoth Energy Services from a “buy” rating to a “hold” rating in a report on Monday, March 18th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $24.50.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Great West Life Assurance Co. Can lifted its holdings in Mammoth Energy Services by 90.5% during the 4th quarter. Great West Life Assurance Co. Can now owns 1,524 shares of the energy company’s stock valued at $26,000 after buying an additional 724 shares in the last quarter. Quantamental Technologies LLC bought a new stake in Mammoth Energy Services during the 4th quarter valued at about $40,000. Caption Management LLC bought a new stake in Mammoth Energy Services during the 1st quarter valued at about $48,000. Legal & General Group Plc lifted its holdings in Mammoth Energy Services by 62.0% during the 3rd quarter. Legal & General Group Plc now owns 1,878 shares of the energy company’s stock valued at $55,000 after buying an additional 719 shares in the last quarter. Finally, BNP Paribas Arbitrage SA lifted its holdings in Mammoth Energy Services by 148.7% during the 1st quarter. BNP Paribas Arbitrage SA now owns 4,215 shares of the energy company’s stock valued at $70,000 after buying an additional 2,520 shares in the last quarter. Institutional investors own 82.59% of the company’s stock.

Mammoth Energy Services stock opened at $10.50 on Friday. The stock has a market capitalization of $477.94 million, a PE ratio of 1.87 and a beta of 1.76. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.48 and a quick ratio of 2.39. Mammoth Energy Services has a 12-month low of $10.30 and a 12-month high of $42.30.

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 17th. Investors of record on Friday, May 10th were issued a dividend of $0.125 per share. The ex-dividend date of this dividend was Thursday, May 9th. This represents a $0.50 dividend on an annualized basis and a yield of 4.76%. Mammoth Energy Services’s payout ratio is 8.88%.

Mammoth Energy Services Company Profile

Mammoth Energy Services, Inc operates as an oilfield service company. The company operates in three segments: Infrastructure Services, Pressure Pumping Services, and Natural Sand Proppant Services. The Infrastructure Services segment offers a range of services on electric transmission and distribution networks, and substation facilities, including the construction, upgrade, maintenance, and repair of high voltage transmission lines, substations, and lower voltage overhead and underground distribution systems; storm repair and restoration services; and commercial services comprising installation, maintenance, and repair of commercial wiring.

Recommended Story: What is the significance of a dead cat bounce?

Get a free copy of the Zacks research report on Mammoth Energy Services (TUSK)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Mammoth Energy Services (NASDAQ:TUSK)

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