The closing price of Select Water Solutions Inc (NYSE: WTTR) was $8.47 for the day, up 0.71% from the previous closing price of $8.41. In other words, the price has increased by $+0.06 from its previous closing price. On the day, 1034288 shares were traded. WTTR stock price reached its highest trading level at $8.49 during the session, while it also had its lowest trading level at $8.39.
Ratios:
Our analysis of WTTR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.78. For the most recent quarter (mrq), Quick Ratio is recorded 1.96 and its Current Ratio is at 2.15. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Raymond James on March 23, 2023, initiated with a Strong Buy rating and assigned the stock a target price of $12.
On July 15, 2021, Seaport Global Securities started tracking the stock assigning a Buy rating and target price of $8.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 06 ’24 when Szymanski Brian sold 8,080 shares for $8.33 per share. The transaction valued at 67,307 led to the insider holds 84,304 shares of the business.
Swyka Nick L sold 9,009 shares of WTTR for $77,051 on Feb 28 ’24. The CFO & Senior VP now owns 272,140 shares after completing the transaction at $8.55 per share. On Feb 27 ’24, another insider, George Christopher Kile, who serves as the SVP IR Corp Dev Sustainability of the company, sold 23,000 shares for $8.63 each. As a result, the insider received 198,531 and left with 255,587 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WTTR now has a Market Capitalization of 863.46M and an Enterprise Value of 859.37M. As of this moment, Select’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.73, and their Forward P/E ratio for the next fiscal year is 6.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 1.12. Its current Enterprise Value per Revenue stands at 0.54 whereas that against EBITDA is 5.20.
Stock Price History:
Over the past 52 weeks, WTTR has reached a high of $9.16, while it has fallen to a 52-week low of $5.51. The 50-Day Moving Average of the stock is 7.74, while the 200-Day Moving Average is calculated to be 7.80.
Shares Statistics:
WTTR traded an average of 996.67K shares per day over the past three months and 1.61M shares per day over the past ten days. A total of 102.17M shares are outstanding, with a floating share count of 90.01M. Insiders hold about 11.71% of the company’s shares, while institutions hold 70.81% stake in the company. Shares short for WTTR as of Feb 15, 2024 were 2.93M with a Short Ratio of 2.94, compared to 2.38M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.87% and a Short% of Float of 3.83%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.22, WTTR has a forward annual dividend rate of 0.22. Against a Trailing Annual Dividend Yield of 2.62%, it implies a Forward Annual Dividend Yield of 2.83%.
Earnings Estimates
The firm’s stock currently is rated by 5 analysts. On average, analysts expect EPS of $0.13 for the current quarter, with a high estimate of $0.21 and a low estimate of $0.04, while EPS last year was $0.12. The consensus estimate for the next quarter is $0.21, with high estimates of $0.32 and low estimates of $0.12.
Analysts are recommending an EPS of between $1.37 and $0.64 for the fiscal current year, implying an average EPS of $0.94. EPS for the following year is $1.4, with 3 analysts recommending between $1.6 and $1.29.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $399.29M to a low estimate of $370.81M. As of the current estimate, Select Water Solutions Inc’s year-ago sales were $401.89M, an estimated decrease of -3.30% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $407.3M, a decrease of -3.00% over than the figure of -$3.30% in the same quarter last year. There is a high estimate of $418.66M for the next quarter, whereas the lowest estimate is $385.15M.
A total of 4 analysts have provided revenue estimates for WTTR’s current fiscal year. The highest revenue estimate was $1.69B, while the lowest revenue estimate was $1.57B, resulting in an average revenue estimate of $1.65B. In the same quarter a year ago, actual revenue was $1.59B, up 4.10% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $1.7B in the next fiscal year. The high estimate is $1.71B and the low estimate is $1.7B. The average revenue growth estimate for next year is up 3.30% from the average revenue estimate for this year.
