Select Water Solutions Inc [WTTR] stock is trading at $8.80, down -1.90%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WTTR shares have gain 11.53% over the last week, with a monthly amount glided 19.24%, and seem to be holding up well over a long-time horizon.
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On 20, February 2024, SELECT WATER SOLUTIONS ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS AND OPERATIONAL UPDATES. In a post published today on Yahoo Finance, Generated full year 2023 consolidated revenue of $1.6 billion, up 14% year-over-year.
From an analyst’s perspective:
Select Water Solutions Inc [NYSE: WTTR] stock has seen the most recent analyst activity on March 23, 2023, when Raymond James initiated its Strong Buy rating and assigned the stock a price target of $12. Previously, Seaport Global Securities started tracking the stock with Buy rating on July 15, 2021, and set its price target to $8. On October 02, 2020, downgrade downgraded it’s rating to Underweight. Piper Sandler downgraded its rating to a Neutral and decreased its price target to $4 on March 13, 2020. Citigroup downgraded its rating to a Neutral. Wells Fargo downgraded its rating to Market Perform for this stock on June 27, 2019. In a note dated February 28, 2019, B. Riley FBR reiterated an Buy rating on this stock and boosted its target price from $18 to $19.
Select Water Solutions Inc [WTTR] stock has fluctuated between $5.51 and $9.16 over the past year. Select Water Solutions Inc [NYSE: WTTR] shares were valued at $8.80 at the most recent close of the market.
Analyzing the WTTR fundamentals
Select Water Solutions Inc [NYSE:WTTR] reported sales of 1.59B for the trailing twelve months, which represents a drop of -1.79%. Gross Profit Margin for this corporation currently stands at -0.03% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.61 and Total Capital is -22.65. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-6.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.71 points at the first support level, and at 8.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.93, and for the 2nd resistance point, it is at 9.05.
Select Water Solutions Inc [WTTR] reported earnings per share of $0.27 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.15/share, meaning a difference of $0.12 and a surprise factor of 80.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.14 per share as compared to estimates of $0.23 per share, a difference of -$0.09 representing a surprise of -39.10%.
Ratios To Look Out For
For context, Select Water Solutions Inc’s Current Ratio is 2.15. As well, the Quick Ratio is 1.96, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 0.57, the price to book ratio is 1.16 and price to earnings (TTM) ratio is 12.18.
Transactions by insiders
Recent insider trading involved Szymanski Brian, Chief Accounting Officer, that happened on Sep 05 when 13000.0 shares were sold. EVP, COO, Skarke Michael completed a deal on Jun 30 to sell 15333.0 shares.
