Natural Gas Services Group, Inc. (NGS) Stock Down -1.67%: Is It a Good Investment?

Natural Gas Services Group, Inc. [NGS] stock is trading at $19.43, down -1.67%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The NGS shares have gain 6.06% over the last week, with a monthly amount glided 18.55%, and seem to be holding up well over a long-time horizon.

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On 26, March 2024, Natural Gas Services Group, Inc. Announces 4th Quarter and Fiscal 2023 Earnings Conference Call. In a post published today on Yahoo Finance, Natural Gas Services Group, Inc. (NYSE:NGS), a leading provider of natural gas compression equipment, technology and services to the energy industry, will host a conference call to review fourth-quarter and fiscal 2023 financial results on Tuesday, April 2, 2023 at 8:30 a.m. (EST), 7:30 a.m. (CST). A news release containing these results will be issued on Monday, April 1st, after the close of the market.

From an analyst’s perspective:

Natural Gas Services Group, Inc. [NYSE: NGS] stock has seen the most recent analyst activity on December 20, 2023, when Stifel initiated its Buy rating and assigned the stock a price target of $18. Previously, Maxim Group reaffirmed its Buy rating on August 07, 2019, and dropped its price target to $18. On January 25, 2019, Maxim Group initiated with a Buy rating and assigned a price target of $24 on the stock. Imperial Capital started tracking the stock assigning a Outperform rating and suggested a price target of $27 on August 23, 2017. Seaport Global Securities upgraded its rating to a Buy and raised its price target to $32 on December 01, 2016. Lake Street reiterated a Buy rating for this stock on August 05, 2016, and upped its price target to $32.

Natural Gas Services Group, Inc. [NGS] stock has fluctuated between $9.55 and $20.15 over the past year. Natural Gas Services Group, Inc. [NYSE: NGS] shares were valued at $19.43 at the most recent close of the market.

Analyzing the NGS fundamentals

Natural Gas Services Group, Inc. [NYSE:NGS] reported sales of 108.77M for the trailing twelve months, which represents a growth of 51.23%. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.01 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.55.

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 19.10 points at the first support level, and at 18.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.84, and for the 2nd resistance point, it is at 20.26.

Natural Gas Services Group, Inc. [NGS] reported earnings per share of $0.18 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.07/share, meaning a difference of $0.11 and a surprise factor of 157.10%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were $0.04 per share as compared to estimates of -$0.02 per share, a difference of $0.06 representing a surprise of 300.00%.

Ratios To Look Out For

For context, Natural Gas Services Group, Inc.’s Current Ratio is 1.49. Further, the Quick Ratio stands at 0.91, while the Cash Ratio is 0.0. Considering the valuation of this stock, the price to sales ratio is 2.22, the price to book ratio is 1.03 and price to earnings (TTM) ratio is 105.77.

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