Select Water Solutions (WTTR) Stock Price, News & Analysis

Company Overview

Select Water Solutions, Inc., together with its subsidiaries, provides water management and chemical solutions to the energy industry in the United States. The company operates through three segments: Water Services, Water Infrastructure, and Chemical Technologies. The Water Services segment provides water-related services, including water sourcing, water transfer, flowback and well testing, water containment, fluids hauling, water monitoring, and water network automation; technology solutions comprising hydrographic mapping, water volume and quality monitoring, remote pit and tank monitoring, leak detection, asset and fuel tracking, and automated-equipment services, as well as various surface rental equipment and workforce accommodation services. The Water Infrastructure segment engages in the recycling, gathering, transferring, and disposal of water through a network of permanent pipeline infrastructure, semi-permanent pipeline infrastructure, water recycling facilities, earthen pits, water sources, and SWDs; provides solids management services; and develops, builds, and operates semi-permanent and permanent infrastructure solutions. The Chemical Technologies segment provides technical solutions, products, and services related to chemical applications in the oil and gas industry. This segment develops, manufactures, and manages logistics; and provides chemicals used in hydraulic fracturing, stimulation, cementing, and well completions for pressure pumpers and oil and gas producers, as well as offers production chemical solutions for underperforming wells, corrosion and scale monitoring, chemical inventory management, well failure analysis, and lab services. It primarily serves oil and gas producers. The company was formerly known as Select Energy Services, Inc. and changed its name to Select Water Solutions, Inc. in May 2023. Select Water Solutions, Inc. was incorporated in 2016 and is headquartered in Houston, Texas.

Key Stats

• Today's Range: $13.91 to $14.44
• 50-Day Range: $12.45 to $15.00
• 52-Week Range: $7.03 to $15.14
• Volume: 1.38 million shs
• Average Volume: 739,403 shs
• Market Capitalization: $1.68 billion
• P/E Ratio: 23.82
• Dividend Yield: 1.99%
• Price Target: $16.25
• Consensus Rating: Buy

Select Water Solutions Stock Analysis - MarketRank™

Select Water Solutions scored higher than 94% of companies evaluated by MarketBeat, and ranked 20th out of 334 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.7 / 5
• Analyst Rating: Buy

Consensus Rating

Select Water Solutions has received a consensus rating of Buy. The company's average rating score is 3.33, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Select Water Solutions has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 133.33%

Earnings Growth

Earnings for Select Water Solutions are expected to grow by 133.33% in the coming year, from $0.39 to $0.91 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Select Water Solutions is 23.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of Select Water Solutions is 23.82, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 28.53.

Price to Book Value per Share Ratio

Select Water Solutions has a P/B Ratio of 1.86. 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

4.32% of the outstanding shares of Select Water Solutions have been sold short.

Short Interest Ratio / Days to Cover

Select Water Solutions has a short interest ratio ("days to cover") of 6.1.

Change versus previous month

Short interest in Select Water Solutions has recently decreased by 8.85%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Select Water Solutions pays a meaningful dividend of 2.07%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Select Water Solutions does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Select Water Solutions is 47.46%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Select Water Solutions will have a dividend payout ratio of 30.77% next year. This indicates that Select Water Solutions will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.9 / 5
• Environmental Score: -4.32

Percentage of Shares Shorted

4.32% of the outstanding shares of Select Water Solutions have been sold short.

Short Interest Ratio / Days to Cover

Select Water Solutions has a short interest ratio ("days to cover") of 6.1.

Change versus previous month

Short interest in Select Water Solutions has recently decreased by 8.85%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: N/A

News Sentiment

Select Water Solutions has a news sentiment score of 1.17. 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 higher news sentiment than the 0.49 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Select Water Solutions this week, compared to 3 articles on an average week.

MarketBeat Follows

Only 3 people have added Select Water Solutions to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Select Water Solutions insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 8.10% of the stock of Select Water Solutions is held by insiders.

Percentage Held by Institutions

81.73% of the stock of Select Water Solutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WTTR Stock Analysis - Frequently Asked Questions

How have WTTR shares performed this year?

Select Water Solutions' stock was trading at $13.24 on January 1st, 2025. Since then, WTTR shares have increased by 6.1% and is now trading at $14.0540.
View the best growth stocks for 2025 here.

How were Select Water Solutions' earnings last quarter?

Select Water Solutions, Inc. (NYSE:WTTR) posted its quarterly earnings data on Tuesday, November, 5th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.01. The company's revenue was down 4.6% on a year-over-year basis.

When did Select Water Solutions IPO?

Select Water Solutions (WTTR) raised $175 million in an initial public offering on Friday, April 21st 2017. The company issued 10,600,000 shares at $15.00-$18.00 per share. Credit Suisse, FBR, Wells Fargo Securities, BofA Merrill Lynch, Citigroup and J.P. Morgan acted as the underwriters for the IPO and Deutsche Bank Securities, RBC Capital Markets and Simmons & Company International (Energy Specialists of Piper Jaffray Tudor, Pickering, Holt were co-managers.

Who are Select Water Solutions' major shareholders?

Top institutional shareholders of Select Water Solutions include Harbor Capital Advisors Inc. (0.85%), Ritholtz Wealth Management (0.12%), Wedge Capital Management L L P NC (0.07%) and Kings Path Partners LLC (0.03%). Insiders that own company stock include Michael Skarke, Nick L Swyka, Christopher Kile George and Brian Szymanski.
View institutional ownership trends.

How do I buy shares of Select Water Solutions?

Shares of WTTR 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.

What other stocks do shareholders of Select Water Solutions own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Select Water Solutions investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Last Earnings: 11/05/2024
• Ex-Dividend for 11/15 Dividend: 11/05/2024
• Dividend Payable: 11/15/2024
• Today: 1/20/2025
• Next Earnings (Estimated): 2/18/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Oil & gas field services, not elsewhere classified
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSE:WTTR
• Previous Symbol: NASDAQ:WTTR
• CUSIP: N/A
• CIK: 1693256
• Web: www.selectenergyservices.com
• Phone: (713) 235-9500
• Fax: N/A
• Employees: 4,200
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $16.25
• High Stock Price Target: $18.00
• Low Stock Price Target: $14.50
• Potential Upside/Downside: +15.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.59
• Trailing P/E Ratio: 23.82
• Forward P/E Ratio: 36.04
• P/E Growth: N/A
• Net Income: $74.40 million
• Net Margins: 4.05%
• Pretax Margin: 1.03%
• Return on Equity: 6.65%
• Return on Assets: 4.62%

Debt

• Debt-to-Equity Ratio: 0.09
• Current Ratio: 1.78
• Quick Ratio: 1.62

Sales & Book Value

• Annual Sales: $1.59 billion
• Price / Sales: 1.06
• Cash Flow: $1.89 per share
• Price / Cash Flow: 7.42
• Book Value: $7.54 per share
• Price / Book: 1.86

Miscellaneous

• Outstanding Shares: 119,310,000
• Free Float: 109,646,000
• Market Cap: $1.68 billion
• Optionable: Optionable
• Beta: 1.76