| Wunderlich Securities Believes Strong 4Q14 Is Sign Of Good Things Ahead For Natural Gas Services Group | |
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In a report published Friday, Wunderlich Securities analyst Jason A. Wangler reiterated a Buy rating and $27.00 price target on Natural Gas Services Group, Inc. (NYSE: NGS).
In the report, Wunderlich Securities noted, "Natural Gas Services Group (NGS) reported a strong 4Q14 with EPS of $0.32 that beat our $0.28 estimate and the Street's $0.30 forecast as higher revenues and expanded margins drove strong results across the board. In addition to the strong 4Q14 results, the company walked through its plans during the downturn and how it can continue to add value. With strong operating/EBITDA margins and a still significant newbuild program to boost its rental fleet ,we look for solid expansion in NGS' business while also seeing solid free cash flow generation that can further strengthen the company's balance sheet. With its operational stability and financial strength, we look for NGS to not only survive but thrive during the current downturn and emerge with a bigger fleet and higher cash balance."
Natural Gas Services Group closed on Thursday at $19.75.
Latest Ratings for NGS
Date | Firm | Action | From | To |
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Feb 2015 | Wunderlich | Maintains | | Buy | Nov 2014 | Global Hunter | Upgrades | Accumulate | Buy | Jul 2014 | Global Hunter | Downgrades | Buy | Accumulate |
View More Analyst Ratings for NGS
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Natural Gas Services Group Inc.
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CODE : NGS |
ISIN : US63886Q1094 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Natural Gas Services is a and oil producing company based in United states of america. Natural Gas Services is listed in United States of America. Its market capitalisation is US$ 263.8 millions as of today (€ 237.3 millions). Its stock quote reached its lowest recent point on August 11, 2023 at US$ 10.00, and its highest recent level on September 19, 2024 at US$ 20.32. Natural Gas Services has 12 982 262 shares outstanding. |