Barclays Cuts Rating On Superior Energy Services, Inc. (SPN) To "Equal-Weight"

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14 July, 2017

Zacks Investment Research upgraded shares of Key Energy Services from a "sell" rating to a "buy" rating and set a $22.00 target price for the company in a research report on Wednesday. Therefore 41% are positive. Superior Energy Services has a consensus rating of "Hold" and a consensus target price of $18.00.

Superior Energy Services, Inc., launched on April 26, 1991, provides a range of services and products to the energy industry related to the exploration, development and production of oil and natural gas. Basic Energy Services had 40 analyst reports since August 3, 2015 according to SRatingsIntel.

BidaskClub lowered shares of Superior Energy Services, Inc. (NYSE:SPN) Performing Well? Oppenheimer maintained Superior Energy Services, Inc.

03/02/2016 - Gibson Energy had its "market perform" rating reiterated by analysts at BMO Capital Markets. Wunderlich has "Hold" rating and $4 target. The rating was downgraded by Simmons & Co on Monday, October 26 to "Neutral". The firm earned "Buy" rating on Thursday, August 20 by AlphaValue.

Superior Energy Services, Inc. (NYSE:SPN) on Wednesday, July 27 with "Buy" rating. The company's stock had a trading volume of 386,724 shares. Jefferies maintained it with "Hold" rating and $1.50 target in Monday, July 11 report.

While looking at the Stock's Performance, Superior Energy Services, Inc. now shows a Weekly Performance of -6.57%, where Monthly Performance is -1.89%, Quarterly performance is -30.34%, 6 Months performance is -45.45% and yearly performance percentage is -42.27%. (NYSE:SPN) rating on Wednesday, December 9.

Having a peek at growth estimates of the company, Superior Energy Services (NYSE:SPN) has current quarter growth estimates of 7.5% however it has 49.3% estimations over growth for the next quarter.

The total number of shares percentage held by insiders is about 1.07% while the number of Shares % held by institutions is 102.8%. It has outperformed by 3.98% the S&P500. The company have shares float of 151.06 million. (SPN) will report its next earnings on Jul 25 AMC. They expect $0.77 earnings per share, down 4.94% or $0.04 from last year's $0.81 per share. After $-0.59 actual EPS reported by Superior Energy Services, Inc. for the previous quarter, Wall Street now forecasts -18.64% EPS growth. Analyst rating score as published on FINVIZ are rated on a 1 to 5 scale.

07/25/2016 - Basic Energy Services, Inc. had its "hold" rating reiterated by analysts at Wunderlich. WWD was included in 2 notes of analysts from September 16, 2016. On Friday, July 15 the stock rating was upgraded by Imperial Capital to "Outperform".

Garrison Bradford & Associates Inc holds 3.51% of its portfolio in Woodward Inc for 55,104 shares. Energy Opportunities Cap Ltd owns 1.09M shares or 4.85% of their U.S. portfolio. The company was maintained on Tuesday, May 3 by Morgan Stanley. Goldman Sachs Group Inc. now owns 2,384,993 shares of the oil and gas company's stock worth $34,010,000 after buying an additional 635,390 shares during the period. Phocas Fin, California-based fund reported 489,282 shares.

Arizona State Retirement System cut its position in Superior Energy Services, Inc. During the same period a year ago, the business earned ($0.49) EPS.

05/13/2016 - Key Energy Services, Inc. had its " rating reiterated by analysts at Simmons. The stock increased 0.99% or $0.77 during the last trading session, reaching $78.52.

07/11/2016 - Basic Energy Services, Inc. had its "hold" rating reiterated by analysts at Jefferies. Superior Energy Services (NYSE:SPN)'s price to free cash flow for trailing twelve months is 0. It has underperformed by 16.70% the S&P500.

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