Natural Gas Services Group (NGS) Set to Announce Earnings on Wednesday

Natural Gas Services Group (NYSE:NGS) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, May 15th. Analysts expect Natural Gas Services Group to post earnings of $0.30 per share for the quarter.

Natural Gas Services Group (NYSE:NGS) last released its quarterly earnings data on Monday, April 1st. The oil and gas company reported $0.13 EPS for the quarter. Natural Gas Services Group had a return on equity of 2.37% and a net margin of 3.92%. The firm had revenue of $36.22 million for the quarter, compared to the consensus estimate of $32.90 million. On average, analysts expect Natural Gas Services Group to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Natural Gas Services Group Price Performance

Shares of Natural Gas Services Group stock opened at $23.48 on Friday. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.33 and a quick ratio of 1.67. Natural Gas Services Group has a one year low of $9.55 and a one year high of $24.90. The business’s 50 day simple moving average is $21.08 and its two-hundred day simple moving average is $16.99. The stock has a market capitalization of $292.02 million, a P/E ratio of 61.79 and a beta of 1.12.

Analyst Upgrades and Downgrades

Separately, Stifel Nicolaus lifted their target price on shares of Natural Gas Services Group from $18.00 to $26.00 and gave the stock a “buy” rating in a research note on Wednesday, April 3rd.

About Natural Gas Services Group

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.