Wall Street analysts expect Natural Gas Services Group, Inc. (NYSE:NGS) to announce earnings of $0.07 per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Natural Gas Services Group’s earnings. Natural Gas Services Group reported earnings per share of $0.20 during the same quarter last year, which would suggest a negative year-over-year growth rate of 65%. The company is expected to issue its next earnings results after the market closes on Tuesday, April 25th.

According to Zacks, analysts expect that Natural Gas Services Group will report full-year earnings of $0.41 per share for the current financial year, with EPS estimates ranging from $0.39 to $0.44. For the next financial year, analysts expect that the company will post earnings of $0.82 per share, with EPS estimates ranging from $0.72 to $0.89. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research firms that cover Natural Gas Services Group.

Natural Gas Services Group (NYSE:NGS) last posted its earnings results on Thursday, March 9th. The oil and gas company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.07 by $0.02. The firm had revenue of $16.70 million for the quarter, compared to analyst estimates of $15.98 million. Natural Gas Services Group had a return on equity of 3.78% and a net margin of 10.64%. Natural Gas Services Group’s revenue for the quarter was down 35.2% compared to the same quarter last year. During the same period last year, the company earned $0.26 earnings per share.

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In related news, VP James R. Hazlett sold 2,550 shares of the company’s stock in a transaction that occurred on Tuesday, April 11th. The stock was sold at an average price of $28.52, for a total value of $72,726.00. Following the sale, the vice president now owns 63,340 shares in the company, valued at approximately $1,806,456.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 6.88% of the company’s stock.

Large investors have recently added to or reduced their stakes in the company. WFG Advisors LP boosted its stake in Natural Gas Services Group by 60.1% in the fourth quarter. WFG Advisors LP now owns 4,002 shares of the oil and gas company’s stock worth $199,000 after buying an additional 1,502 shares in the last quarter. Monarch Partners Asset Management LLC boosted its stake in Natural Gas Services Group by 16.8% in the third quarter. Monarch Partners Asset Management LLC now owns 10,380 shares of the oil and gas company’s stock worth $255,000 after buying an additional 1,490 shares in the last quarter. Highbridge Capital Management LLC purchased a new stake in Natural Gas Services Group during the fourth quarter worth $265,000. Eagle Global Advisors LLC boosted its stake in Natural Gas Services Group by 21.6% in the third quarter. Eagle Global Advisors LLC now owns 30,012 shares of the oil and gas company’s stock worth $738,000 after buying an additional 5,340 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its stake in Natural Gas Services Group by 0.5% in the third quarter. Victory Capital Management Inc. now owns 30,480 shares of the oil and gas company’s stock worth $750,000 after buying an additional 150 shares in the last quarter. Institutional investors and hedge funds own 88.67% of the company’s stock.

Natural Gas Services Group (NYSE:NGS) traded down 2.83% during mid-day trading on Friday, reaching $27.45. The company had a trading volume of 40,174 shares. The firm’s 50 day moving average price is $26.63 and its 200-day moving average price is $27.76. The company has a market capitalization of $354.30 million, a price-to-earnings ratio of 54.90 and a beta of 1.08. Natural Gas Services Group has a 12 month low of $19.85 and a 12 month high of $34.50.

Natural Gas Services Group Company Profile

Natural Gas Services Group, Inc is a provider of small to medium horsepower compression equipment to the natural gas industry. The Company focuses primarily on the non-conventional natural gas and oil production business in the United States, such as coal bed methane, gas shale, tight gas and oil shales.

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