Analysts at Argus Reconfirmed their Past ‘”Buy”’ rating on Shares Natural Gas Services Gr (NYSE:NGS), Set a $225 Price Objective

May 24, 2018 - By Marie Mckinney

Investors sentiment decreased to 1.23 in Q4 2017. Its down 0.03, from 1.26 in 2017Q3. It is negative, as 4 investors sold Natural Gas Services Group, Inc. shares while 27 reduced holdings. 9 funds opened positions while 29 raised stakes. 11.62 million shares or 0.48% more from 11.56 million shares in 2017Q3 were reported.

Ameritas Invest Prns owns 1,066 shares. Stone Ridge Asset Lc has invested 0.02% of its portfolio in Natural Gas Services Group, Inc. (NYSE:NGS). National Bank & Trust Of Mellon Corp has invested 0% of its portfolio in Natural Gas Services Group, Inc. (NYSE:NGS). Blackrock, New York-based fund reported 891,975 shares. Hancock Hldgs has 9,944 shares. 200,222 were accumulated by Thomson Horstmann Bryant. Wells Fargo And Mn has invested 0% in Natural Gas Services Group, Inc. (NYSE:NGS). Manufacturers Life The invested in 10,250 shares or 0% of the stock. Monarch Ptnrs Asset Ltd Liability owns 88,690 shares for 0.22% of their portfolio. State Board Of Administration Of Florida Retirement Sys has 0% invested in Natural Gas Services Group, Inc. (NYSE:NGS). Price T Rowe Assocs Md has 0% invested in Natural Gas Services Group, Inc. (NYSE:NGS). Bnp Paribas Arbitrage Sa owns 3,568 shares. Moreover, Mufg Americas Holdg has 0% invested in Natural Gas Services Group, Inc. (NYSE:NGS). Oslo Asset Mngmt As owns 633,932 shares. Metropolitan Life Insur Com Ny has invested 0% in Natural Gas Services Group, Inc. (NYSE:NGS).

Since December 19, 2017, it had 0 insider purchases, and 8 insider sales for $1.37 million activity. On Tuesday, December 19 Taylor Stephen Charles sold $408,056 worth of Natural Gas Services Group, Inc. (NYSE:NGS) or 16,212 shares. 1,890 shares were sold by Hazlett James R, worth $54,721. 6,000 Natural Gas Services Group, Inc. (NYSE:NGS) shares with value of $151,380 were sold by Lawrence G Larry. 2,500 shares valued at $68,220 were sold by BRADSHAW DAVID L on Tuesday, March 13.

Natural Gas Services Gr (NYSE:NGS) Rating Reaffirmed

Natural Gas Services Gr (NYSE:NGS) just had their share rating of a ‘”Buy”‘ issued by research analysts at Argus, who now has a $225 target on the $308.17M market cap company or a 855.41 % upside potential. This key information was revealed in an analyst report on Thursday morning.

The stock decreased 0.84% or $0.2 during the last trading session, reaching $23.55. About 16,448 shares traded. Natural Gas Services Group, Inc. (NYSE:NGS) has declined 4.49% since May 24, 2017 and is downtrending. It has underperformed by 16.04% the S&P500.

Analysts await Natural Gas Services Group, Inc. (NYSE:NGS) to report earnings on August, 2. They expect $0.06 earnings per share, up 100.00 % or $0.03 from last year’s $0.03 per share. NGS’s profit will be $785,136 for 98.13 P/E if the $0.06 EPS becomes a reality. After $0.02 actual earnings per share reported by Natural Gas Services Group, Inc. for the previous quarter, Wall Street now forecasts 200.00 % EPS growth.

Natural Gas Services Group, Inc. provides gas compression equipment and services to the natural gas and oil industry in the United States. The company has market cap of $308.17 million. The firm engages in the rental of small to medium horsepower compression equipment to non-conventional natural gas and oil production businesses. It has a 15.6 P/E ratio. As of December 31, 2017, it had 2,546 natural gas compressors in its rental fleet totaling 369,961 horsepower.

Another recent and important Natural Gas Services Group, Inc. (NYSE:NGS) news was published by Seekingalpha.com which published an article titled: “Natural Gas Services’ (NGS) CEO Stephen Taylor on Q1 2018 Results – Earnings Call Transcript” on May 10, 2018.

Natural Gas Services Group, Inc. (NYSE:NGS) Institutional Positions Chart

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