Superior Energy Services (SPN) Earns Daily News Sentiment Rating of 0.12
News coverage about Superior Energy Services (NYSE:SPN) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Superior Energy Services earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned media headlines about the oil and gas company an impact score of 46.9064441281822 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- Reviewing Superior Energy Services (SPN) & Baker Hughes A GE (BHI) (americanbankingnews.com)
- Superior Energy Services, Inc. (NYSE: SPN) – Is the Stock In Play? – Alpha Beta Stock (alphabetastock.com)
- Hot Tickers: Superior Energy Services, Inc. (SPN), ZIOPHARM Oncology, Inc. (ZIOP) – Market Movers (financialqz.com)
- Superior Energy Services, Inc. (NYSE:SPN) – Market Cap Evaluation – Nasdaq Journal (press release) (nasdaqjournal.com)
- Superior Energy Services, Inc. (SPN) to Grab Passive Investors’ Attentions on Active Obligations – Stock News Stop (stockmarketstop.com)
A number of research firms have recently commented on SPN. Wells Fargo & Company lowered Superior Energy Services from an “outperform” rating to a “market perform” rating in a report on Monday, October 16th. BidaskClub lowered Superior Energy Services from a “sell” rating to a “strong sell” rating in a research note on Wednesday, August 16th. Jefferies Group reissued a “hold” rating and set a $11.00 price objective on shares of Superior Energy Services in a research note on Monday, October 16th. Piper Jaffray Companies reissued a “buy” rating on shares of Superior Energy Services in a research note on Tuesday, September 26th. Finally, Cowen set a $14.00 price objective on Superior Energy Services and gave the company a “buy” rating in a research note on Friday, October 6th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $13.82.
Shares of Superior Energy Services (NYSE:SPN) opened at $9.37 on Tuesday. Superior Energy Services has a 12-month low of $7.66 and a 12-month high of $19.28. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.99 and a quick ratio of 1.64.
Superior Energy Services (NYSE:SPN) last released its quarterly earnings results on Monday, October 23rd. The oil and gas company reported ($0.33) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.32) by ($0.01). Superior Energy Services had a negative net margin of 24.59% and a negative return on equity of 26.18%. The firm had revenue of $506.00 million for the quarter, compared to analysts’ expectations of $511.23 million. During the same quarter in the previous year, the business earned ($0.73) EPS. The company’s revenue for the quarter was up 55.1% on a year-over-year basis. research analysts predict that Superior Energy Services will post -1.64 earnings per share for the current year.
In other news, Director Peter D. Kinnear purchased 20,000 shares of the stock in a transaction on Monday, October 30th. The shares were acquired at an average price of $8.52 per share, for a total transaction of $170,400.00. Following the completion of the transaction, the director now directly owns 64,607 shares of the company’s stock, valued at approximately $550,451.64. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 3.49% of the company’s stock.
About Superior Energy Services
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