Superior Energy Services (NYSE:SPN) shares traded during most recent session to reach at the closing price of $10.81. The stock exchanged hands on average of 2.94 Million shares, yielding a market cap of $1.67 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $11.69 within the next 52-weeks. The mean target projections are based on 22 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 $16 and with a conservative view have low price target of $9.
JP Morgan “Maintained” Superior Energy Services (NYSE:SPN) in a research note issued to investors on 9/17/18 to Neutral with price target of $10.
Additionally on 9/11/18 Stifel Nicolaus “Initiates Coverage On” Superior Energy Services (NYSE:SPN) to Hold setting price target at $9 and on 7/26/18 Credit Suisse “Maintained” the stock to Outperform at $10. Furthermore on 7/12/18 Morgan Stanley “Downgrades” the stock to Underweight at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 66.54 along with Average True Range (ATR 14) of 0.43, Consequently Superior Energy Services (NYSE:SPN)’s weekly and monthly volatility is 4.25%, 4.34% respectively. The company’s beta value is at 2.1.
In terms of Buy, Sell or Hold recommendations, Superior Energy Services (NYSE:SPN) has analysts’ mean recommendation of 2.4. 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 $-0.18 and can go high up to $-0.06. The consensus mean EPS for the current quarter is at $-0.12 derived from a total of 23 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.33 earnings per share for the same quarter during last year.
Previously Superior Energy Services (NYSE:SPN) reported $-0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $-0.22 by $0.06. The company posted an earnings surprise of 27.3%.
Superior Energy Services (NYSE:SPN)’s revenue estimates for the current quarter are $566.56 Million according to 16 number of analysts, for the current quarter the company has high revenue estimates of $585 Million in contradiction of low revenue estimates of $536 Million. For the current year the company’s revenue estimates are $2.14 Billion compared to low analyst estimates of $2.07 Billion and high estimates of $2.18 Billion according to 20 number of analysts.
Currently Superior Energy Services (NYSE:SPN)’s shares owned by insiders are 1.3%, whereas shares owned by institutional owners are 0%. However the six-month change in the insider ownership was recorded 1.52%, as well as three-month change in the institutional ownership was recorded -0.1%.
Superior Energy Services (NYSE:SPN)’s trailing twelve month revenues are $2.02 Billion, whereas its price to sales ratio for the same period is 0.83. Its book value per share for the most recent quarter is $6.82 while its price to book ratio for the same period is 1.59, as for as the company’s cash per share for the most recent quarter is $0.77, however its price to cash per share ratio for the same period is 14.07. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.