Superior Energy Services (NYSE:SPN) shares traded 3.87% up during most recent session to reach at the closing price of $11.54. The stock exchanged hands 4.46 Million shares versus average trading capacity of 4.39 Million shares, yielding a market cap of $1.76 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $17.96 within the next 52-weeks. The mean target projections are based on 27 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Superior Energy Services (NYSE:SPN) high price target of $30 and with a conservative view have low price target of $12.
Jefferies “Downgrades” Superior Energy Services (NYSE:SPN) in a research note issued to investors on 2/17/17 to Hold with price target of $19.
Additionally on 1/18/17 SunTrust Robinson Humphrey “Initiates Coverage On” Superior Energy Services (NYSE:SPN) to Hold setting price target at $20 and on 1/04/17 Credit Suisse “Upgrades” the stock to Outperform at $21. Furthermore on 12/13/16 Gabelli & Co. “Initiates Coverage On” the stock to Buy at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 43.04 along with Average True Range (ATR 14) of 0.63, Consequently Superior Energy Services (NYSE:SPN)’s weekly and monthly volatility is 5.12%, 5.23% respectively. The company’s beta value is at 1.96.
In terms of Buy, Sell or Hold recommendations, Superior Energy Services (NYSE:SPN) has analysts’ mean recommendation of 2.2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Superior Energy Services (NYSE:SPN)’s minimum EPS for the current quarter is at $-0.57 and can go high up to $-0.45. The consensus mean EPS for the current quarter is at $-0.49 derived from a total of 28 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.53 earnings per share for the same quarter during last year.
Previously Superior Energy Services (NYSE:SPN) reported $-0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $-0.61 by $0.02. The company posted an earnings surprise of 3.3%.
While considering growth estimates of the company, it has next quarter growth estimates of 47.9% whereas during current quarter it has 7.5% estimations over growth, comparing to the estimations of 30.1% during current year and 74.1% for next year. Past 5 years growth of Superior Energy Services (NYSE:SPN) observed at -14.83%, looking forward for the next 5 years it has a strong prediction of -29% over growth.
Superior Energy Services (NYSE:SPN)’s revenue estimates for the current quarter are $457.04 Million according to 21 number of analysts, for the current quarter the company has high revenue estimates of $468.8 Million in contradiction of low revenue estimates of $431 Million. For the current year the company’s revenue estimates are $1.92 Billion compared to low analyst estimates of $1.82 Billion and high estimates of $2 Billion according to 25 number of analysts.
Currently Superior Energy Services (NYSE:SPN)’s shares owned by insiders are 0.9%, whereas shares owned by institutional owners are 0%. However the six-month change in the insider ownership was recorded 5.69%, as well as three-month change in the institutional ownership was recorded -0.23%.
Superior Energy Services (NYSE:SPN) 52-week high price stands at $19.83 and low price stands at $10.45, its price distance from 52-week high is -41.81% while its distance from 52-week low price is 10.43%. The stock hit its 52-week high on 06/08/16, and 52-week low on 05/05/17.
Superior Energy Services (NYSE:SPN)’s trailing twelve month revenues are $1.44 Billion, whereas its price to sales ratio for the same period is 1.24. Its book value per share for the most recent quarter is $7.94 while its price to book ratio for the same period is 1.45, as for as the company’s cash per share for the most recent quarter is $0.98, however its price to cash per share ratio for the same period is 11.78. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.