Natural Gas Services Group (NYSE:NGS) Releases Quarterly Earnings Results, Misses Expectations By $0.04 EPS

Natural Gas Services Group (NYSE:NGS) announced its quarterly earnings data on Monday. The oil and gas company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.04), RTT News reports. The company had revenue of $40.66 million during the quarter, compared to analyst estimates of $40.84 million. Natural Gas Services Group had a net margin of 10.55% and a return on equity of 6.60%. During the same quarter in the previous year, the business posted $0.14 earnings per share.

Natural Gas Services Group Stock Up 4.6 %

Natural Gas Services Group stock opened at $23.68 on Tuesday. Natural Gas Services Group has a 1-year low of $16.70 and a 1-year high of $29.74. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.76 and a quick ratio of 1.16. The stock has a market cap of $295.76 million, a PE ratio of 18.50 and a beta of 1.13. The stock’s fifty day moving average is $25.96 and its two-hundred day moving average is $23.92.

Insider Buying and Selling at Natural Gas Services Group

In other Natural Gas Services Group news, Director Stephen Charles Taylor sold 19,400 shares of the firm’s stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $28.80, for a total transaction of $558,720.00. Following the transaction, the director now owns 438,387 shares of the company’s stock, valued at approximately $12,625,545.60. This trade represents a 4.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 7.25% of the stock is owned by insiders.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Natural Gas Services Group from a “sell” rating to a “hold” rating in a research note on Wednesday, November 20th.

Natural Gas Services Group Company Profile

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.