Natural Gas Services Group, Inc. Common Stock (NYSE:NGS) received a $24.00 target price from analysts at Seaport Global Securities in a research note issued on Friday. The firm currently has a “buy” rating on the oil and gas company’s stock. Seaport Global Securities’ target price indicates a potential upside of 11.63% from the company’s previous close. Seaport Global Securities also issued estimates for Natural Gas Services Group, Inc. Common Stock’s Q2 2019 earnings at $0.09 EPS, Q3 2019 earnings at $0.13 EPS and Q4 2019 earnings at $0.18 EPS.

NGS has been the topic of several other reports. ValuEngine lowered Natural Gas Services Group, Inc. Common Stock from a “hold” rating to a “sell” rating in a report on Thursday, June 28th. Zacks Investment Research lowered Natural Gas Services Group, Inc. Common Stock from a “buy” rating to a “hold” rating in a report on Saturday, July 21st. Finally, Argus raised their target price on Natural Gas Services Group, Inc. Common Stock from $195.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, May 24th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $48.25.

Natural Gas Services Group, Inc. Common Stock stock opened at $21.50 on Friday. The stock has a market cap of $293.14 million, a P/E ratio of 195.45 and a beta of 1.18. Natural Gas Services Group, Inc. Common Stock has a 52 week low of $21.15 and a 52 week high of $29.55.

Natural Gas Services Group, Inc. Common Stock (NYSE:NGS) last posted its earnings results on Thursday, August 9th. The oil and gas company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.04). The company had revenue of $18.20 million for the quarter, compared to analyst estimates of $17.54 million. Natural Gas Services Group, Inc. Common Stock had a return on equity of 0.53% and a net margin of 30.05%. analysts predict that Natural Gas Services Group, Inc. Common Stock will post 0.29 EPS for the current year.

A number of hedge funds have recently modified their holdings of the business. Dimensional Fund Advisors LP boosted its position in Natural Gas Services Group, Inc. Common Stock by 0.3% during the second quarter. Dimensional Fund Advisors LP now owns 1,091,390 shares of the oil and gas company’s stock worth $25,756,000 after purchasing an additional 3,095 shares in the last quarter. BlackRock Inc. boosted its position in Natural Gas Services Group, Inc. Common Stock by 2.6% during the second quarter. BlackRock Inc. now owns 913,711 shares of the oil and gas company’s stock worth $21,562,000 after purchasing an additional 23,475 shares in the last quarter. FMR LLC boosted its position in Natural Gas Services Group, Inc. Common Stock by 39.7% during the second quarter. FMR LLC now owns 504,400 shares of the oil and gas company’s stock worth $11,904,000 after purchasing an additional 143,274 shares in the last quarter. Renaissance Technologies LLC boosted its position in Natural Gas Services Group, Inc. Common Stock by 9.9% during the second quarter. Renaissance Technologies LLC now owns 421,900 shares of the oil and gas company’s stock worth $9,957,000 after purchasing an additional 37,911 shares in the last quarter. Finally, Royce & Associates LP boosted its position in Natural Gas Services Group, Inc. Common Stock by 33.3% during the second quarter. Royce & Associates LP now owns 330,484 shares of the oil and gas company’s stock worth $7,799,000 after purchasing an additional 82,500 shares in the last quarter. Institutional investors own 88.95% of the company’s stock.

Natural Gas Services Group, Inc. Common Stock Company Profile

Natural Gas Services Group, Inc provides gas compression equipment and services to the natural gas and oil industry in the United States. The company engages in the rental of small to medium horsepower compression equipment to non-conventional natural gas and oil production businesses. As of December 31, 2017, it had 2,546 natural gas compressors in its rental fleet totaling 369,961 horsepower.

Read More: Understanding Relative Strength Index

Receive News & Ratings for Natural Gas Services Group Inc. Common Stock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Natural Gas Services Group Inc. Common Stock and related companies with MarketBeat.com's FREE daily email newsletter.