Natural Gas Services Group (NGS) Stock Price, News & Analysis

Company Overview

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. In addition, the company offers flare stacks and related ignition and control devices for the onshore and offshore incineration of gas compounds, such as hydrogen sulfide, carbon dioxide, natural gas, and liquefied petroleum gases. Further, it provides aftermarket services for its compressor and flare sales business; and exchange and rebuild program for small horsepower screw compressors. It markets its products to exploration and production companies that utilize compressor units for artificial lift applications; and oil and natural gas exploration and production companies. Natural Gas Services Group, Inc. was incorporated in 1998 and is headquartered in Midland, Texas.

Key Stats

• Today's Range: $24.13 to $25.19
• 50-Day Range: $19.13 to $27.92
• 52-Week Range: $13.70 to $28.50
• Volume: 148,723 shs
• Average Volume: 67,218 shs
• Market Capitalization: $308.88 million
• P/E Ratio: 19.32
• Dividend Yield: N/A
• Price Target: $26.50
• Consensus Rating: Strong Buy

Natural Gas Services Group Stock Analysis - MarketRank™

Natural Gas Services Group scored higher than 34% of companies evaluated by MarketBeat, and ranked 217th out of 270 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.8 / 5
• Analyst Rating: Strong Buy

Consensus Rating

Natural Gas Services Group has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Natural Gas Services Group has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -7.04%

Earnings Growth

Earnings for Natural Gas Services Group are expected to decrease by -7.04% in the coming year, from $1.42 to $1.32 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Natural Gas Services Group is 19.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of Natural Gas Services Group is 19.32, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.81.

Price to Book Value per Share Ratio

Natural Gas Services Group has a P/B Ratio of 1.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.32% of the float of Natural Gas Services Group has been sold short.

Short Interest Ratio / Days to Cover

Natural Gas Services Group has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Natural Gas Services Group has recently decreased by 3.03%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Natural Gas Services Group does not currently pay a dividend.

Dividend Growth

Natural Gas Services Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.32% of the float of Natural Gas Services Group has been sold short.

Short Interest Ratio / Days to Cover

Natural Gas Services Group has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Natural Gas Services Group has recently decreased by 3.03%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.24

News Sentiment

Natural Gas Services Group has a news sentiment score of 0.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Natural Gas Services Group this week, compared to 2 articles on an average week.

Search Interest

3 people have searched for NGS on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

MarketBeat Follows

2 people have added Natural Gas Services Group to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Natural Gas Services Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,076,633.00 in company stock.

Percentage Held by Insiders

Only 7.25% of the stock of Natural Gas Services Group is held by insiders.

Percentage Held by Institutions

65.62% of the stock of Natural Gas Services Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NGS Stock Analysis - Frequently Asked Questions

How have NGS shares performed this year?

Natural Gas Services Group's stock was trading at $16.08 on January 1st, 2024. Since then, NGS stock has increased by 53.8% and is now trading at $24.73.
View the best growth stocks for 2024 here.

How were Natural Gas Services Group's earnings last quarter?

Natural Gas Services Group, Inc. (NYSE:NGS) issued its quarterly earnings results on Wednesday, August, 14th. The oil and gas company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.29 by $0.05. The oil and gas company earned $38.49 million during the quarter, compared to analysts' expectations of $36.79 million. Natural Gas Services Group had a trailing twelve-month return on equity of 6.60% and a net margin of 10.55%.

Who are Natural Gas Services Group's major shareholders?

Top institutional shareholders of Natural Gas Services Group include Geode Capital Management LLC (1.83%), State Street Corp (1.30%), Empowered Funds LLC (0.71%) and Assenagon Asset Management S.A. (0.59%). Insiders that own company stock include Stephen Charles Taylor, James R Hazlett, John Chisholm, Leslie Ann Beyer and Justin Jacobs.
View institutional ownership trends.

How do I buy shares of Natural Gas Services Group?

Shares of NGS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Natural Gas Services Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Natural Gas Services Group investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), Advanced Micro Devices (AMD), Arista Networks (ANET) and ServiceNow (NOW).

Company Calendar

• Last Earnings: 8/14/2024
• Today: 12/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Oil & gas field services, not elsewhere classified
• Sub-Industry: Oil & Gas Equipment & Services
• Current Symbol: NYSE:NGS
• CUSIP: 63886Q10
• CIK: 1084991
• Web: www.ngsgi.com
• Phone: (432) 262-2700
• Fax: 432-262-2701
• Employees: 250
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $26.50
• High Stock Price Target: $27.00
• Low Stock Price Target: $26.00
• Potential Upside/Downside: +7.2%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 3.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.28
• Trailing P/E Ratio: 19.32
• Forward P/E Ratio: 17.42
• P/E Growth: N/A
• Net Income: $4.75 million
• Net Margins: 10.55%
• Pretax Margin: 13.56%
• Return on Equity: 6.60%
• Return on Assets: 3.29%

Debt

• Debt-to-Equity Ratio: 0.65
• Current Ratio: 1.76
• Quick Ratio: 1.16

Sales & Book Value

• Annual Sales: $152.31 million
• Price / Sales: 2.03
• Cash Flow: $2.50 per share
• Price / Cash Flow: 9.90
• Book Value: $18.96 per share
• Price / Book: 1.30

Miscellaneous

• Outstanding Shares: 12,490,000
• Free Float: 11,570,000
• Market Cap: $308.88 million
• Optionable: Optionable
• Beta: 1.14