Media coverage about Mammooth Energy (NASDAQ:TUSK) has trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Mammooth Energy earned a daily sentiment score of 0.22 on Accern’s scale. Accern also assigned press coverage about the energy company an impact score of 45.5232412094448 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted Accern’s scoring:
- Comparing MAMMOOTH ENERGY (TUSK) and Transocean (RIG) (americanbankingnews.com)
- Mammoth Energy Services (TUSK) Presents At Barclays CEO Energy-Power Conference – Slideshow (seekingalpha.com)
- $136.81 Million in Sales Expected for MAMMOOTH ENERGY (TUSK) This Quarter (americanbankingnews.com)
- $0.03 Earnings Per Share Expected for Mammooth Energy (TUSK) This Quarter (americanbankingnews.com)
Mammooth Energy (NASDAQ TUSK) traded up 5.000% during mid-day trading on Tuesday, reaching $14.595. The company had a trading volume of 33,158 shares. The stock has a 50 day moving average price of $13.24 and a 200-day moving average price of $17.51. Mammooth Energy has a 12-month low of $10.88 and a 12-month high of $24.54. The stock has a market capitalization of $649.51 million and a P/E ratio of 156.935.
Mammooth Energy (NASDAQ:TUSK) last announced its earnings results on Wednesday, August 2nd. The energy company reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.05. The business had revenue of $98.26 million for the quarter, compared to analyst estimates of $92.14 million. Mammooth Energy had a negative return on equity of 3.04% and a negative net margin of 21.65%. The firm’s quarterly revenue was up 42.1% compared to the same quarter last year. Equities analysts anticipate that Mammooth Energy will post ($0.05) EPS for the current fiscal year.
Several research firms have recently issued reports on TUSK. Imperial Capital began coverage on Mammooth Energy in a report on Friday, August 18th. They set an “outperform” rating and a $16.00 target price on the stock. Zacks Investment Research raised Mammooth Energy from a “sell” rating to a “hold” rating in a report on Tuesday, August 15th. R. F. Lafferty began coverage on Mammooth Energy in a report on Wednesday, June 14th. They set a “buy” rating and a $37.00 target price on the stock. Barclays PLC lowered Mammooth Energy from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $26.00 to $17.00 in a report on Wednesday, July 12th. Finally, Piper Jaffray Companies reissued a “buy” rating and set a $19.00 target price (down from $22.00) on shares of Mammooth Energy in a report on Wednesday, July 12th. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Mammooth Energy presently has an average rating of “Buy” and an average price target of $22.55.
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In other Mammooth Energy news, Director James D. Palm bought 6,000 shares of the firm’s stock in a transaction on Friday, August 25th. The shares were acquired at an average cost of $12.75 per share, for a total transaction of $76,500.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.03% of the stock is owned by corporate insiders.
About Mammooth Energy
Mammoth Energy Services, Inc is an integrated oilfield service company. The Company is engaged in the exploration and development of North American onshore unconventional oil and natural gas reserves. The Company’s segments include Contract Land and Directional Drilling Services; Completion and Production Services; Natural Sand Proppant Services, and Remote Accommodation Services.
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