Mammooth Energy Expected to Post Q3 2017 Earnings of $0.00 Per Share (TUSK)

Mammooth Energy (NASDAQ:TUSK) – Research analysts at Jefferies Group issued their Q3 2017 earnings per share (EPS) estimates for Mammooth Energy in a note issued to investors on Thursday. Jefferies Group analyst B. Handler anticipates that the energy company will post earnings of $0.00 per share for the quarter. Jefferies Group currently has a “Hold” rating and a $18.00 target price on the stock. Jefferies Group also issued estimates for Mammooth Energy’s Q4 2017 earnings at $0.10 EPS, Q1 2018 earnings at $0.23 EPS, Q2 2018 earnings at $0.27 EPS, Q3 2018 earnings at $0.28 EPS, Q4 2018 earnings at $0.27 EPS, FY2018 earnings at $1.05 EPS, FY2019 earnings at $1.20 EPS and FY2020 earnings at $1.30 EPS.

Mammooth Energy (NASDAQ:TUSK) last announced its quarterly earnings data on Wednesday, August 2nd. The energy company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.05. The firm had revenue of $98.26 million during the quarter, compared to the consensus estimate of $92.14 million. Mammooth Energy had a negative return on equity of 3.04% and a negative net margin of 21.65%. The company’s revenue for the quarter was up 42.1% compared to the same quarter last year.

COPYRIGHT VIOLATION WARNING: “Mammooth Energy Expected to Post Q3 2017 Earnings of $0.00 Per Share (TUSK)” was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this piece of content on another publication, it was illegally copied and reposted in violation of United States & international copyright laws. The original version of this piece of content can be read at https://ledgergazette.com/2017/10/11/mammooth-energy-expected-to-post-q3-2017-earnings-of-0-00-per-share-tusk.html.

Other analysts have also issued research reports about the company. Piper Jaffray Companies reissued a “buy” rating and set a $19.00 price target (down previously from $22.00) on shares of Mammooth Energy in a report on Wednesday, July 12th. Barclays PLC lowered Mammooth Energy from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $26.00 to $17.00 in a research note on Wednesday, July 12th. Imperial Capital initiated coverage on Mammooth Energy in a research note on Friday, August 18th. They set an “outperform” rating and a $16.00 price target for the company. Zacks Investment Research lowered Mammooth Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. Finally, R. F. Lafferty initiated coverage on Mammooth Energy in a research note on Wednesday, June 14th. They set a “buy” rating and a $37.00 price target for the company. Four analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $22.27.

Mammooth Energy (NASDAQ:TUSK) opened at 16.47 on Monday. The stock’s 50 day moving average price is $15.73 and its 200 day moving average price is $15.73. Mammooth Energy has a 1-year low of $11.91 and a 1-year high of $24.54. The company has a market cap of $732.95 million and a P/E ratio of 177.10.

Institutional investors have recently modified their holdings of the company. American International Group Inc. acquired a new position in shares of Mammooth Energy during the 1st quarter worth approximately $103,000. Royce & Associates LP purchased a new stake in shares of Mammooth Energy during the 1st quarter valued at approximately $168,000. GSA Capital Partners LLP purchased a new stake in shares of Mammooth Energy during the 2nd quarter valued at approximately $191,000. Nationwide Fund Advisors raised its position in shares of Mammooth Energy by 283.0% during the 2nd quarter. Nationwide Fund Advisors now owns 10,276 shares of the energy company’s stock valued at $191,000 after buying an additional 7,593 shares during the period. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of Mammooth Energy during the 1st quarter valued at approximately $233,000. Institutional investors and hedge funds own 73.44% of the company’s stock.

In other Mammooth Energy news, Director James D. Palm purchased 6,000 shares of the business’s stock in a transaction that occurred on Friday, August 25th. The stock was purchased at an average price of $12.75 per share, for a total transaction of $76,500.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.03% of the stock is owned by insiders.

Mammooth Energy Company Profile

Mammoth Energy Services, Inc is an integrated oilfield service company. The Company is engaged in the exploration and development of North American onshore unconvent

Mammooth Energy (NASDAQ:TUSK) – Research analysts at Jefferies Group issued their Q3 2017 earnings per share (EPS) estimates for Mammooth Energy in a note issued to investors on Thursday. Jefferies Group analyst B. Handler anticipates that the energy company will post earnings of $0.00 per share for the quarter. Jefferies Group currently has a “Hold” rating and a $18.00 target price on the stock. Jefferies Group also issued estimates for Mammooth Energy’s Q4 2017 earnings at $0.10 EPS, Q1 2018 earnings at $0.23 EPS, Q2 2018 earnings at $0.27 EPS, Q3 2018 earnings at $0.28 EPS, Q4 2018 earnings at $0.27 EPS, FY2018 earnings at $1.05 EPS, FY2019 earnings at $1.20 EPS and FY2020 earnings at $1.30 EPS.

Mammooth Energy (NASDAQ:TUSK) last announced its quarterly earnings data on Wednesday, August 2nd. The energy company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.05. The firm had revenue of $98.26 million during the quarter, compared to the consensus estimate of $92.14 million. Mammooth Energy had a negative return on equity of 3.04% and a negative net margin of 21.65%. The company’s revenue for the quarter was up 42.1% compared to the same quarter last year.

COPYRIGHT VIOLATION WARNING: “Mammooth Energy Expected to Post Q3 2017 Earnings of $0.00 Per Share (TUSK)” was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this piece of content on another publication, it was illegally copied and reposted in violation of United States & international copyright laws. The original version of this piece of content can be read at https://ledgergazette.com/2017/10/11/mammooth-energy-expected-to-post-q3-2017-earnings-of-0-00-per-share-tusk.html.

Other analysts have also issued research reports about the company. Piper Jaffray Companies reissued a “buy” rating and set a $19.00 price target (down previously from $22.00) on shares of Mammooth Energy in a report on Wednesday, July 12th. Barclays PLC lowered Mammooth Energy from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $26.00 to $17.00 in a research note on Wednesday, July 12th. Imperial Capital initiated coverage on Mammooth Energy in a research note on Friday, August 18th. They set an “outperform” rating and a $16.00 price target for the company. Zacks Investment Research lowered Mammooth Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. Finally, R. F. Lafferty initiated coverage on Mammooth Energy in a research note on Wednesday, June 14th. They set a “buy” rating and a $37.00 price target for the company. Four analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $22.27.

Mammooth Energy (NASDAQ:TUSK) opened at 16.47 on Monday. The stock’s 50 day moving average price is $15.73 and its 200 day moving average price is $15.73. Mammooth Energy has a 1-year low of $11.91 and a 1-year high of $24.54. The company has a market cap of $732.95 million and a P/E ratio of 177.10.

Institutional investors have recently modified their holdings of the company. American International Group Inc. acquired a new position in shares of Mammooth Energy during the 1st quarter worth approximately $103,000. Royce & Associates LP purchased a new stake in shares of Mammooth Energy during the 1st quarter valued at approximately $168,000. GSA Capital Partners LLP purchased a new stake in shares of Mammooth Energy during the 2nd quarter valued at approximately $191,000. Nationwide Fund Advisors raised its position in shares of Mammooth Energy by 283.0% during the 2nd quarter. Nationwide Fund Advisors now owns 10,276 shares of the energy company’s stock valued at $191,000 after buying an additional 7,593 shares during the period. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of Mammooth Energy during the 1st quarter valued at approximately $233,000. Institutional investors and hedge funds own 73.44% of the company’s stock.

In other Mammooth Energy news, Director James D. Palm purchased 6,000 shares of the business’s stock in a transaction that occurred on Friday, August 25th. The stock was purchased at an average price of $12.75 per share, for a total transaction of $76,500.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.03% of the stock is owned by insiders.

Mammooth Energy Company Profile

Mammoth Energy Services, Inc is an integrated oilfield service company. The Company is engaged in the exploration and development of North American onshore unconventional oil and natural gas reserves. The Company’s segments include Contract Land and Directional Drilling Services; Completion and Production Services; Natural Sand Proppant Services, and Remote Accommodation Services.

Earnings History and Estimates for Mammooth Energy (NASDAQ:TUSK)

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

Leave a Reply