Natural Gas Services Group (NGS) to Release Quarterly Earnings on Monday

Natural Gas Services Group (NYSE:NGS - Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Monday, April 7th. Analysts expect Natural Gas Services Group to post earnings of $0.27 per share for the quarter. Individual that wish to listen to 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 Monday, March 17th. The oil and gas company reported $0.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.27 by $0.02. Natural Gas Services Group had a net margin of 10.55% and a return on equity of 6.60%. The business had revenue of $40.66 million during the quarter, compared to analysts' expectations of $40.84 million. During the same quarter last year, the company posted $0.14 earnings per share. 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 Performance

NGS stock traded down $1.85 during midday trading on Thursday, reaching $20.71. The stock had a trading volume of 98,259 shares, compared to its average volume of 74,508. The firm has a fifty day simple moving average of $24.50 and a two-hundred day simple moving average of $24.05. Natural Gas Services Group has a 52-week low of $16.70 and a 52-week high of $29.74. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.16 and a current ratio of 1.76. The stock has a market cap of $259.02 million, a PE ratio of 16.18 and a beta of 1.13.

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Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. StockNews.com raised shares of Natural Gas Services Group from a "sell" rating to a "hold" rating in a research report on Wednesday, March 26th. Raymond James reaffirmed a "strong-buy" rating and set a $32.00 price objective (down previously from $33.00) on shares of Natural Gas Services Group in a research note on Wednesday, March 19th.

Insider Activity at Natural Gas Services Group

In related news, Director Stephen Charles Taylor sold 19,400 shares of the business's stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $28.80, for a total transaction of $558,720.00. Following the transaction, the director now directly owns 438,387 shares in the company, valued at approximately $12,625,545.60. The trade was a 4.24 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 7.25% of the stock is owned by corporate insiders.

Natural Gas Services Group Company Profile

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.