The stock of Emerge Energy Services LP (NYSE:EMES) is a huge mover today! About 209,039 shares traded hands. Emerge Energy Services LP (NYSE:EMES) has risen 191.08% since March 3, 2016 and is uptrending. It has outperformed by 182.73% the S&P500.
The move comes after 9 months positive chart setup for the $308.68M company. It was reported on Oct, 6 by Barchart.com. We have $16.38 PT which if reached, will make NYSE:EMES worth $92.60M more.
Analysts await Emerge Energy Services LP (NYSE:EMES) to report earnings on November, 2. They expect $-0.89 EPS, down 81.63% or $0.40 from last year’s $-0.49 per share. After $-1.17 actual EPS reported by Emerge Energy Services LP for the previous quarter, Wall Street now forecasts -23.93% EPS growth.
Emerge Energy Services LP (NYSE:EMES) Ratings Coverage
Out of 9 analysts covering Emerge Energy Services (NYSE:EMES), 5 rate it a “Buy”, 2 “Sell”, while 2 “Hold”. This means 56% are positive. Emerge Energy Services has been the topic of 21 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The company was downgraded on Friday, August 7 by Robert W. Baird. The firm has “Hold” rating by Wunderlich given on Friday, October 23. Wunderlich maintained the stock with “Hold” rating in Thursday, October 1 report. As per Thursday, November 5, the company rating was maintained by Stifel Nicolaus. On Thursday, September 29 the stock rating was upgraded by Wunderlich to “Buy”. The firm has “Hold” rating given on Monday, May 16 by Wunderlich. The rating was downgraded by Stifel Nicolaus on Friday, September 25 to “Sell”. DA Davidson initiated the shares of EMES in a report on Monday, December 7 with “Buy” rating. The rating was downgraded by Seaport Global Securities on Friday, October 23 to “Neutral”. The rating was initiated by Global Hunter Securities on Friday, September 11 with “Buy”.
According to Zacks Investment Research, “Emerge Energy Services LP is engaged in owning, operation, acquisition and development of energy service assets primarily in the United States. It operates in two business segments: sand and fuel processing and distribution. Emerge Energy Services LP is based in Southlake, Texas.”
Insitutional Activity: The institutional sentiment decreased to 0.48 in Q2 2016. Its down 0.04, from 0.52 in 2016Q1. The ratio worsened, as 12 funds sold all Emerge Energy Services LP shares owned while 15 reduced positions. 8 funds bought stakes while 5 increased positions. They now own 4.34 million shares or 40.04% more from 3.10 million shares in 2016Q1.
Jane Street Gru Ltd has 19,422 shares for 0% of their US portfolio. Deutsche Natl Bank Ag holds 0% or 231 shares in its portfolio. Moreover, Yorkville Cap Mngmt Limited Liability has 3.65% invested in Emerge Energy Services LP (NYSE:EMES) for 297,060 shares. Fincl Bank Of America Corporation De has 490,728 shares for 0% of their US portfolio. Pnc Serv has invested 0% of its portfolio in Emerge Energy Services LP (NYSE:EMES). Millennium Limited Com has 0.02% invested in the company for 662,632 shares. Wfg Advisors L P has 1,000 shares for 0% of their US portfolio. Hudock Cap Group Limited Liability last reported 100 shares in the company. Winslow Evans And Crocker Incorporated last reported 18 shares in the company. Guggenheim Capital Lc last reported 27,546 shares in the company. Moreover, Quantbot Technology L P has 0.01% invested in Emerge Energy Services LP (NYSE:EMES) for 7,305 shares. Stifel Fincl Corporation holds 0% of its portfolio in Emerge Energy Services LP (NYSE:EMES) for 13,286 shares. Morgan Stanley accumulated 0% or 347,287 shares. Old Second Retail Bank Of Aurora accumulated 300 shares or 0% of the stock. Bnp Paribas Arbitrage Sa last reported 0.01% of its portfolio in the stock.
More notable recent Emerge Energy Services LP (NYSE:EMES) news were published by: Fool.com which released: “Emerge Energy Services LP is Sinking Under the Weight of a Downgrade” on June 13, 2016, also Finance.Yahoo.com with their article: “Emerge Energy Services LP Announces Date for Earnings Release” published on August 01, 2016, Finance.Yahoo.com published: “Emerge Energy Services L.P. Agrees to Sell $20 Million of Convertible …” on August 08, 2016. More interesting news about Emerge Energy Services LP (NYSE:EMES) were released by: Fool.com and their article: “Emerge Energy Services LP Bucks Brexit by Rocketing Higher Today” published on June 24, 2016 as well as Fool.com‘s news article titled: “Emerge Energy Services Collapses 91% in 2015: 3 Things Investors Should Watch …” with publication date: December 21, 2015.
EMES Company Profile
Emerge Energy Services LP, incorporated on April 27, 2012, owns, operates, acquires and develops a portfolio of energy service assets. The Company’s divisions include Sand segment, Fuel segment and Corporate. The Company’s Sand segment consists of the production and sale of various grades of industrial sand primarily used in the extraction of oil and natural gas, as well as the production of building products and foundry materials. The Company’s Fuel segment operates approximately two terminals and over two transmix processing facilities that are located in the Dallas-Fort Worth, Texas area and Birmingham, Alabama. The Firm conducts its Sand activities through its subsidiary Superior Silica Sands LLC (SSS) and its Fuel activities through its subsidiaries Direct Fuels LLC (Direct Fuels), Allied Energy Company LLC (AEC) and Emerge Energy Distributors Inc. (Distributor).
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