The stock of Emerge Energy Services LP (NYSE:EMES) is a huge mover today! About 1.07M shares traded hands or 124.53% up from the average. Emerge Energy Services LP (NYSE:EMES) has risen 114.72% since April 27, 2016 and is uptrending. It has outperformed by 109.49% the S&P500.
The move comes after 7 months positive chart setup for the $340.17M company. It was reported on Nov, 30 by Barchart.com. We have $13.52 PT which if reached, will make NYSE:EMES worth $30.62M more.
Analysts await Emerge Energy Services LP (NYSE:EMES) to report earnings on February, 23. They expect $-0.75 EPS, down 102.70% or $0.38 from last year’s $-0.37 per share. After $-1.24 actual EPS reported by Emerge Energy Services LP for the previous quarter, Wall Street now forecasts -39.52% 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. Stifel Nicolaus maintained it with “Sell” rating and $3 target price in Thursday, November 5 report. On Friday, October 23 the stock rating was downgraded by Seaport Global Securities to “Neutral”. On Friday, September 25 the stock rating was downgraded by Robert W. Baird to “Underperform”. The rating was initiated by DA Davidson with “Buy” on Monday, December 7. Global Hunter Securities initiated Emerge Energy Services LP (NYSE:EMES) on Friday, September 11 with “Buy” rating. Robert W. Baird upgraded Emerge Energy Services LP (NYSE:EMES) on Thursday, July 30 to “Outperform” rating. The stock of Emerge Energy Services LP (NYSE:EMES) has “Buy” rating given on Thursday, September 29 by Wunderlich. The rating was downgraded by DA Davidson on Monday, June 13 to “Underperform”. The firm earned “Hold” rating on Monday, May 16 by Wunderlich. The stock of Emerge Energy Services LP (NYSE:EMES) earned “Hold” rating by Wunderlich on Friday, October 23.
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 increased to 0.86 in 2016 Q2. Its up 0.38, from 0.48 in 2016Q1. The ratio is positive, 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 Grp Ltd Co holds 19,422 shares or 0% of its portfolio. Us National Bank De owns 250 shares or 0% of their US portfolio. Kcg Inc holds 0.01% or 23,640 shares in its portfolio. Winslow Evans And Crocker has invested 0% of its portfolio in Emerge Energy Services LP (NYSE:EMES). Hudock Cap Group holds 100 shares or 0% of its portfolio. Goldman Sachs Group Inc reported 1.10M shares or 0% of all its holdings. Moreover, Barclays Public Limited Liability has 0% invested in Emerge Energy Services LP (NYSE:EMES) for 69,008 shares. Morgan Stanley last reported 0% of its portfolio in the stock. Ladenburg Thalmann Finance Services accumulated 0% or 1,420 shares. Spot Trading Limited Co holds 0% of its portfolio in Emerge Energy Services LP (NYSE:EMES) for 20,402 shares. Yorkville Capital Limited Liability Co last reported 3.65% of its portfolio in the stock. Millennium Lc holds 0.02% or 662,632 shares in its portfolio. Moreover, Deutsche Bankshares Ag has 0% invested in Emerge Energy Services LP (NYSE:EMES) for 231 shares. Old Second National Bank & Trust Of Aurora last reported 300 shares in the company. Pnc Services Group Inc last reported 5,000 shares in the company.
More news for Emerge Energy Services LP (NYSE:EMES) were recently published by: Fool.com, which released: “Emerge Energy Services LP is Sinking Under the Weight of a Downgrade” on June 13, 2016. Fool.com‘s article titled: “Emerge Energy Services LP Bucks Brexit by Rocketing Higher Today” and published on June 24, 2016 is yet another important article.
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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