C&J Energy Services, Inc. (NYSE:CJ) – Analysts at Capital One Financial Corporation boosted their Q3 2017 earnings per share (EPS) estimates for shares of C&J Energy Services in a research report issued on Tuesday. Capital One Financial Corporation analyst L. Lemoine now forecasts that the company will post earnings of $0.19 per share for the quarter, up from their previous estimate of $0.12. Capital One Financial Corporation also issued estimates for C&J Energy Services’ Q4 2017 earnings at $0.24 EPS, FY2017 earnings at $0.03 EPS and FY2018 earnings at $2.89 EPS.

Several other analysts have also issued reports on CJ. BMO Capital Markets started coverage on shares of C&J Energy Services in a research report on Thursday, April 13th. They set an “outperform” rating and a $41.00 price target on the stock. Nomura started coverage on shares of C&J Energy Services in a research report on Wednesday, April 19th. They set a “buy” rating and a $46.00 price target on the stock. Instinet reaffirmed a “buy” rating and set a $46.00 price target on shares of C&J Energy Services in a research report on Wednesday, April 19th. Morgan Stanley started coverage on shares of C&J Energy Services in a research report on Tuesday, May 2nd. They set an “equal weight” rating and a $44.00 price target on the stock. Finally, Credit Suisse Group reaffirmed an “outperform” rating and set a $37.00 price target on shares of C&J Energy Services in a research report on Tuesday, May 2nd. Two equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $40.82.

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C&J Energy Services (NYSE:CJ) opened at 27.02 on Friday. C&J Energy Services has a 52 week low of $20.26 and a 52 week high of $36.78. The stock’s 50 day moving average is $31.64 and its 200 day moving average is $32.14. The firm’s market cap is $1.71 billion.

Several institutional investors have recently added to or reduced their stakes in CJ. BlackRock Inc. increased its position in C&J Energy Services by 43,395.0% in the second quarter. BlackRock Inc. now owns 3,454,373 shares of the company’s stock valued at $118,380,000 after buying an additional 3,446,431 shares in the last quarter. Hotchkis & Wiley Capital Management LLC increased its position in C&J Energy Services by 434.1% in the second quarter. Hotchkis & Wiley Capital Management LLC now owns 2,532,290 shares of the company’s stock valued at $86,782,000 after buying an additional 2,058,190 shares in the last quarter. Wells Fargo & Company MN increased its position in C&J Energy Services by 42,247.4% in the second quarter. Wells Fargo & Company MN now owns 2,146,165 shares of the company’s stock valued at $73,549,000 after buying an additional 2,141,097 shares during the period. Symphony Asset Management LLC increased its position in C&J Energy Services by 1.6% in the second quarter. Symphony Asset Management LLC now owns 997,109 shares of the company’s stock valued at $34,171,000 after buying an additional 15,325 shares during the period. Finally, Ameriprise Financial Inc. increased its position in C&J Energy Services by 121.3% in the second quarter. Ameriprise Financial Inc. now owns 519,490 shares of the company’s stock valued at $17,796,000 after buying an additional 284,734 shares during the period. Hedge funds and other institutional investors own 89.35% of the company’s stock.

C&J Energy Services Company Profile

Seaside Exploration Partners Corp is a Canada-based capital pool company. The Company focuses on the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction. The Qualifying Transaction may involve the acquisition of a business or assets located outside of Canada.

Earnings History and Estimates for C&J Energy Services (NYSE:CJ)

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