News articles about Mammooth Energy (NASDAQ:TUSK) have been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Mammooth Energy earned a news sentiment score of 0.21 on Accern’s scale. Accern also assigned news stories about the energy company an impact score of 45.4482692244939 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Several equities research analysts have issued reports on the stock. ValuEngine raised shares of Mammooth Energy from a “sell” rating to a “hold” rating in a research report on Tuesday, October 31st. BidaskClub cut shares of Mammooth Energy from a “buy” rating to a “hold” rating in a research report on Saturday, December 2nd. Credit Suisse Group increased their target price on shares of Mammooth Energy from $20.00 to $22.00 and gave the company an “outperform” rating in a research report on Friday, November 3rd. Zacks Investment Research cut shares of Mammooth Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, October 24th. Finally, Jefferies Group initiated coverage on shares of Mammooth Energy in a research note on Thursday, October 5th. They set a “hold” rating and a $18.00 price target on the stock. Six analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Mammooth Energy currently has a consensus rating of “Buy” and an average target price of $23.90.
Mammooth Energy (NASDAQ:TUSK) opened at $17.31 on Thursday. Mammooth Energy has a 52 week low of $10.88 and a 52 week high of $24.54. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.39 and a current ratio of 1.52.
Mammooth Energy (NASDAQ:TUSK) last released its quarterly earnings data on Wednesday, November 1st. The energy company reported ($0.02) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by ($0.04). Mammooth Energy had a negative return on equity of 2.35% and a negative net margin of 16.41%. The firm had revenue of $149.30 million for the quarter, compared to analyst estimates of $129.58 million. The business’s quarterly revenue was up 135.9% compared to the same quarter last year. equities analysts expect that Mammooth Energy will post 0.14 EPS for the current year.
In related news, CEO Arty Straehla sold 25,842 shares of Mammooth Energy stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of $18.45, for a total value of $476,784.90. Following the completion of the transaction, the chief executive officer now owns 231,711 shares in the company, valued at $4,275,067.95. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.03% of the company’s stock.
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About Mammooth Energy
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.
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