Shares of NCS Multistage Holdings Inc (NASDAQ:NCSM) have received an average rating of “Buy” from the ten analysts that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, six have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $27.60.

Several analysts have recently commented on NCSM shares. Royal Bank of Canada lowered their target price on shares of NCS Multistage from $30.00 to $25.00 and set an “outperform” rating for the company in a report on Wednesday, November 15th. UBS upgraded shares of NCS Multistage from an “outperform” rating to a “strong-buy” rating in a report on Wednesday, November 15th. Citigroup set a $32.00 target price on shares of NCS Multistage and gave the company a “buy” rating in a report on Thursday, October 5th. Zacks Investment Research downgraded shares of NCS Multistage from a “buy” rating to a “sell” rating in a report on Saturday, November 18th. Finally, Raymond James Financial upgraded shares of NCS Multistage from an “outperform” rating to a “strong-buy” rating in a report on Wednesday, November 15th.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. FMR LLC purchased a new stake in NCS Multistage during the second quarter worth about $55,521,000. Lazard Asset Management LLC purchased a new stake in NCS Multistage during the second quarter worth about $38,015,000. Boston Partners purchased a new stake in NCS Multistage during the third quarter worth about $22,021,000. Goldman Sachs Group Inc. purchased a new stake in NCS Multistage during the second quarter worth about $21,959,000. Finally, Vanguard Group Inc. purchased a new stake in NCS Multistage during the second quarter worth about $13,697,000. Institutional investors and hedge funds own 93.02% of the company’s stock.

Shares of NCS Multistage (NASDAQ NCSM) traded up $0.23 during mid-day trading on Monday, hitting $14.51. 277,919 shares of the stock traded hands, compared to its average volume of 184,228. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.31 and a quick ratio of 2.29. NCS Multistage has a 52 week low of $13.85 and a 52 week high of $29.07.

NCS Multistage (NASDAQ:NCSM) last announced its earnings results on Monday, November 13th. The company reported $0.09 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.12 by ($0.03). The firm had revenue of $55.96 million during the quarter, compared to analysts’ expectations of $58.92 million. NCS Multistage had a net margin of 2.42% and a return on equity of 2.22%. equities research analysts anticipate that NCS Multistage will post 0.2 earnings per share for the current fiscal year.

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About NCS Multistage

NCS Multistage Holdings, Inc is a provider of engineered products and support services for oil and natural gas well completions and field development strategies. The Company’s products and services include Multistage Unlimited, casing-installed sliding sleeves, downhole frac isolation assembly, AirLock casing buoyancy system and liner hanger systems.

Analyst Recommendations for NCS Multistage (NASDAQ:NCSM)

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