Superior Energy Services, Inc. (NYSE:SPN) traded with the volume of 2.37 Million Yesterday. The Stock Opened its session at $18.77 and closed at 18.36 by showing an decrease of -2.18 percent. Superior Energy Services, Inc. has 1 year price target of 19.72. The stock gained a consensus recommendation of 1.33 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. The company is expected to report its next EPS (earnings per share) on Oct 24 AMC. The company reported its last quarter on Jun 16.
On Jun 16 Superior Energy Services, Inc. (NYSE:SPN) reported its EPS in the last quarter as $-0.53/Share beating the analyst estimate of $-0.58/Share by the difference of $0.05. This showed the surprise of 8.6% in the last quarter earnings. For the Current Quarter, 18 analyst are projecting the mean EPS to be $-0.48/share. According to their observations and findings, the stock could provide a high EPS of $-0.39/share and a Low EPS of $-0.54/share.
The 26 analysts offering 12-month price forecasts for Superior Energy Services Inc have a median target of 20.00, with a high estimate of 27.00 and a low estimate of 13.00. The median estimate represents a +8.93% increase from the last price of 18.36. (CNN MONEY)
Many Analysts provided their foresight on Revenue Estimates of Superior Energy Services, Inc. where they believe that the company has the potential to earn average revenue of $356.4 Million for the current quarter. According to their predictions High & Low revenue estimates are 375 Million and 330 Million respectively.
Superior Energy Services, Inc. (NYSE:SPN) topped its 52-week high price of $19.83 on Jun 8, 2016 and 52-Week Low Price of $8.25 on Feb 24, 2016. The Stock currently has the market capitalization of $2.85 Million, P/E (price to earnings ttm) of 0 and Weekly volatility of 3.87%% and monthly volatility of 4.69%% respectively.
Superior Energy Services, Inc. is currently showing -79% EPS growth this year. The Next Year EPS growth is 33.3%, Long term annual growth estimate of -37.01%, Annual EPS growth past 5 years of -14.45 percent. The Company currently has Insider ownership of 0.8 Percent and Institutional Ownership of 0 Percent. The Return on Assets stands at -34.1%, Return on Equity shows -77% and Return on Investment value is -44.4%.
Superior Energy Services, Inc. Gross Margin percentage stands at 28.9% while its Operating Margin for trailing twelve month is -94.7 percent and Profit margin (ttm) is -84.4 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 11.16% with the 50-Day Simple Moving Average of 11.16 percent. Currently, the company has SMA200 (200-day simple moving average) of 24.47 Percent. The Stock has YTD (year to date) performance of 37.48 percent.
Many research firms have provided their ratings on Superior Energy Services, Inc. (NYSE:SPN) where Macquarie provided Neutralrating on the stock on 15-Jul-16. Other firms include Imperial Capital giving Outperform rating on 15-Jul-16.
The latest Insider trade was made on 23 May 2016 where Longoria (Janiece M) Director did a transaction type “Buy” in which 6188 shares were traded at a price of $0. Another insider trade includes Director Hall (Terence E) who also initiated a transaction in which 8515 shares were traded on 23 May 2016 as “Buy”.
SUPERIOR ENERGY SERVICES, INC. is engaged in the business of providing offshore plugging and abandonment and wireline services in the Gulf of Mexico, the development, manufacture and sale of electronic torque and pressure control equipment and thread protectors which are used in connection with oil and gas exploration, the development, manufacture and sale of oil spill containment boom and ancillary equipment and the rental of specialized oil well equipment and fishing tools.