Mammoth Energy Services Inc (TUSK) stock price forecast predicts $7 value

A share price of Mammoth Energy Services Inc [TUSK] is currently trading at $3.34, up 5.36%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TUSK shares have gain 16.38% over the last week, with a monthly amount glided 14.38%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Mammoth Energy Services Inc [NASDAQ: TUSK] stock has seen the most recent analyst activity on September 30, 2019, when Barclays downgraded its rating to a Equal Weight and also revised its price target to $3.50 from $6.50. Previously, Johnson Rice downgraded its rating to Hold on September 11, 2019. On August 05, 2019, Imperial Capital reiterated its Outperform rating and revised its price target to $10 on the stock. Stephens downgraded its rating to a Equal-Weight and decreased its price target to $7 on June 07, 2019. Imperial Capital reiterated its recommendation of a Outperform and reduced its price target to $18 on May 03, 2019. Credit Suisse downgraded its rating to Neutral for this stock on March 19, 2019, and downed its price target to $17. In a note dated March 18, 2019, Imperial Capital reiterated an Outperform rating on this stock and revised its target price from $30 to $24.

Mammoth Energy Services Inc experienced fluctuations in its stock price throughout the past year between $2.50 and $4.94. Currently, Wall Street analysts expect the stock to reach $7 within the next 12 months. Mammoth Energy Services Inc [NASDAQ: TUSK] shares were valued at $3.34 at the most recent close of the market. An investor can expect a potential return of 109.58% based on the average TUSK price forecast.

Analyzing the TUSK fundamentals

Trailing Twelve Months sales for Mammoth Energy Services Inc [NASDAQ:TUSK] were 187.51M which represents -38.40% decline. Gross Profit Margin for this corporation currently stands at -0.01% with Operating Profit Margin at -0.7%, Pretax Profit Margin comes in at -1.1%, and Net Profit Margin reading is -1.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.45, Equity is -0.54 and Total Capital is -0.4. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.26.

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 3.23 points at the first support level, and at 3.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.40, and for the 2nd resistance point, it is at 3.47.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Mammoth Energy Services Inc [NASDAQ:TUSK] is 2.25. As well, the Quick Ratio is 2.13, while the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 0.86, the price to book ratio is 0.60.

Transactions by insiders

Recent insider trading involved Amron Arthur H, Director, that happened on Dec 12 ’24 when 1000.0 shares were purchased. Director, Booker Corey J. completed a deal on Nov 25 ’24 to sell 15000.0 shares. Meanwhile, Director Booker Corey J. sold 10000.0 shares on Nov 22 ’24.

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