Equities research analysts expect Mammoth Energy Services Inc (NASDAQ:TUSK) to post earnings per share of $0.76 for the current fiscal quarter, according to Zacks. Five analysts have made estimates for Mammoth Energy Services’ earnings. The lowest EPS estimate is $0.60 and the highest is $1.00. Mammoth Energy Services posted earnings per share of $1.54 in the same quarter last year, which suggests a negative year-over-year growth rate of 50.6%. The business is scheduled to announce its next quarterly earnings results on Wednesday, February 20th.

On average, analysts expect that Mammoth Energy Services will report full-year earnings of $4.06 per share for the current fiscal year, with EPS estimates ranging from $3.89 to $4.32. For the next year, analysts expect that the company will post earnings of $3.41 per share, with EPS estimates ranging from $1.96 to $4.39. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that follow Mammoth Energy Services.

Mammoth Energy Services (NASDAQ:TUSK) last posted its quarterly earnings results on Wednesday, October 31st. The energy company reported $1.54 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.48. Mammoth Energy Services had a return on equity of 42.51% and a net margin of 13.12%. The company had revenue of $384.00 million during the quarter, compared to analysts’ expectations of $473.89 million. During the same quarter in the previous year, the firm earned ($0.02) EPS. Mammoth Energy Services’s revenue was up 157.2% on a year-over-year basis.

A number of equities analysts have recently commented on the company. Zacks Investment Research cut Mammoth Energy Services from a “hold” rating to a “sell” rating in a report on Thursday, November 8th. BidaskClub raised Mammoth Energy Services from a “hold” rating to a “buy” rating in a report on Wednesday, November 7th. ValuEngine cut Mammoth Energy Services from a “buy” rating to a “hold” rating in a report on Thursday, August 2nd. Credit Suisse Group upped their target price on Mammoth Energy Services from $36.00 to $38.00 and gave the stock an “outperform” rating in a report on Wednesday, August 8th. Finally, Raymond James cut Mammoth Energy Services from an “outperform” rating to a “market perform” rating and set a $18.00 target price for the company. in a report on Friday, August 24th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $37.00.

In other Mammoth Energy Services news, CFO Mark E. Layton sold 1,136 shares of the company’s stock in a transaction dated Friday, November 9th. The stock was sold at an average price of $27.13, for a total value of $30,819.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Arty Straehla sold 2,230 shares of the company’s stock in a transaction dated Monday, November 12th. The stock was sold at an average price of $26.20, for a total value of $58,426.00. Following the completion of the transaction, the chief executive officer now directly owns 199,007 shares of the company’s stock, valued at approximately $5,213,983.40. The disclosure for this sale can be found here. In the last ninety days, insiders sold 39,977 shares of company stock valued at $1,067,125. Insiders own 0.25% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the business. Algert Global LLC bought a new stake in shares of Mammoth Energy Services in the 3rd quarter valued at about $771,000. Kepos Capital LP grew its position in shares of Mammoth Energy Services by 175.1% in the 3rd quarter. Kepos Capital LP now owns 48,839 shares of the energy company’s stock valued at $1,421,000 after buying an additional 31,089 shares during the last quarter. Clark Estates Inc. NY bought a new stake in shares of Mammoth Energy Services in the 3rd quarter valued at about $3,958,000. Allianz Asset Management GmbH bought a new stake in shares of Mammoth Energy Services in the 3rd quarter valued at about $13,069,000. Finally, Royce & Associates LP grew its position in shares of Mammoth Energy Services by 13.1% in the 3rd quarter. Royce & Associates LP now owns 383,859 shares of the energy company’s stock valued at $11,170,000 after buying an additional 44,487 shares during the last quarter. 82.35% of the stock is owned by institutional investors and hedge funds.

Shares of Mammoth Energy Services stock traded down $0.31 during trading on Wednesday, reaching $24.50. 153,849 shares of the company’s stock were exchanged, compared to its average volume of 380,059. Mammoth Energy Services has a 1-year low of $16.88 and a 1-year high of $42.30. The stock has a market capitalization of $1.16 billion, a P/E ratio of 17.25 and a beta of 0.97.

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 15th. Shareholders of record on Thursday, November 8th will be issued a $0.125 dividend. The ex-dividend date of this dividend is Wednesday, November 7th. This represents a $0.50 dividend on an annualized basis and a yield of 2.04%. Mammoth Energy Services’s payout ratio is presently 35.21%.

About Mammoth Energy Services

Mammoth Energy Services, Inc operates as an integrated oilfield service company. The company operates in four segments: Pressure Pumping Services, Infrastructure Services, Natural Sand Proppant Services, and Contract Land and Directional Drilling Services. The Pressure Pumping Services segment provides high-pressure hydraulic fracturing services to enhance the production of oil and natural gas from formations having low permeability.

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