Wall Street brokerages expect US Well Services Inc (NASDAQ:USWS) to announce ($0.39) earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for US Well Services’ earnings. The lowest EPS estimate is ($0.42) and the highest is ($0.35). The business is scheduled to announce its next quarterly earnings results on Tuesday, August 6th.

On average, analysts expect that US Well Services will report full-year earnings of ($1.31) per share for the current fiscal year. For the next year, analysts anticipate that the firm will post earnings of ($1.35) per share, with EPS estimates ranging from ($1.90) to ($0.80). Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow US Well Services.

US Well Services (NASDAQ:USWS) last posted its quarterly earnings results on Tuesday, May 7th. The company reported ($0.24) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.30) by $0.06. The company had revenue of $139.77 million for the quarter, compared to the consensus estimate of $131.60 million.

Several equities analysts recently weighed in on the stock. Piper Jaffray Companies increased their price target on shares of Aptevo Therapeutics from $4.00 to $4.50 and gave the company an “overweight” rating in a research report on Monday, April 15th. Johnson Rice assumed coverage on shares of US Well Services in a research report on Wednesday, June 12th. They set a “buy” rating and a $9.00 price target for the company. Zacks Investment Research upgraded shares of Vistra Energy from a “hold” rating to a “buy” rating and set a $25.00 price target for the company in a research report on Saturday, July 13th. Finally, Seaport Global Securities assumed coverage on shares of US Well Services in a research report on Thursday, May 23rd. They set a “buy” rating and a $10.00 price target for the company.

USWS traded up $0.04 during trading on Tuesday, hitting $3.50. 141,433 shares of the company traded hands, compared to its average volume of 159,437. The firm has a market capitalization of $239.32 million and a price-to-earnings ratio of -2.63. The firm’s fifty day moving average price is $5.58. The company has a current ratio of 0.59, a quick ratio of 0.53 and a debt-to-equity ratio of 0.83. US Well Services has a one year low of $3.33 and a one year high of $11.12.

An institutional investor recently bought a new position in US Well Services stock. Marshall Wace LLP purchased a new stake in shares of US Well Services Inc (NASDAQ:USWS) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,451 shares of the company’s stock, valued at approximately $36,000. 46.78% of the stock is owned by hedge funds and other institutional investors.

US Well Services Company Profile

U.S. Well Services, Inc operates as an oilfield service company in the United States. It provides hydraulic fracturing services for the oil and natural gas exploration and production companies. The company is headquartered in Houston, Texas.

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Earnings History and Estimates for US Well Services (NASDAQ:USWS)

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