Natural Gas Services Group (NGS) Scheduled to Post Earnings on Thursday

Natural Gas Services Group (NYSE:NGS - Get Free Report) will be posting its quarterly earnings results after the market closes on Thursday, November 14th. Analysts expect Natural Gas Services Group to post earnings of $0.23 per share for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.

Natural Gas Services Group (NYSE:NGS - Get Free Report) last posted its quarterly earnings results on Wednesday, August 14th. The oil and gas company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.29 by $0.05. The business had revenue of $38.49 million for the quarter, compared to analysts' expectations of $36.79 million. Natural Gas Services Group had a net margin of 9.25% and a return on equity of 5.53%. During the same period in the previous year, the company posted $0.10 EPS. On average, analysts expect Natural Gas Services Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Natural Gas Services Group Stock Down 0.4 %

Shares of Natural Gas Services Group stock traded down $0.10 during midday trading on Thursday, reaching $22.80. 32,173 shares of the company's stock traded hands, compared to its average volume of 65,423. The company has a market cap of $284.32 million, a price-to-earnings ratio of 21.60 and a beta of 1.03. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.66 and a current ratio of 2.34. The company's 50 day simple moving average is $19.97 and its 200 day simple moving average is $20.57. Natural Gas Services Group has a 52 week low of $12.75 and a 52 week high of $25.24.

Insider Activity at Natural Gas Services Group

In other Natural Gas Services Group news, Director Stephen Charles Taylor sold 4,690 shares of the business's stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $22.14, for a total transaction of $103,836.60. Following the sale, the director now directly owns 551,568 shares of the company's stock, valued at $12,211,715.52. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 7.25% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on NGS. StockNews.com upgraded shares of Natural Gas Services Group from a "sell" rating to a "hold" rating in a research report on Friday, August 16th. Raymond James assumed coverage on Natural Gas Services Group in a report on Wednesday, August 7th. They set a "strong-buy" rating and a $27.00 price objective on the stock.

About Natural Gas Services Group

Natural Gas Services Group, Inc provides natural gas compression equipment and services to the energy industry in the United States. It engineers and fabricates, operates, rents, and maintains natural gas compressors for oil and natural gas production and plant facilities. It also designs, fabricates, and assembles compressor units for rental or sale; and designs, manufactures, and sells a line of reciprocating natural gas compressor frames, cylinders, and parts.