Cypress Energy Partners (NYSE:CELP) will announce its earnings results after the market closes on Monday, November 12th. Analysts expect the company to announce earnings of $0.21 per share for the quarter.
Cypress Energy Partners (NYSE:CELP) last posted its earnings results on Monday, August 13th. The oil and gas company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.14. The firm had revenue of $76.47 million for the quarter, compared to the consensus estimate of $77.17 million. Cypress Energy Partners had a return on equity of 92.86% and a net margin of 3.03%. On average, analysts expect Cypress Energy Partners to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
NYSE:CELP opened at $6.66 on Friday. The firm has a market cap of $82.82 million, a price-to-earnings ratio of 13.32 and a beta of 1.41. Cypress Energy Partners has a 1 year low of $5.50 and a 1 year high of $8.50. The company has a current ratio of 3.14, a quick ratio of 3.14 and a debt-to-equity ratio of 7.82.
A number of equities research analysts recently issued reports on the company. TheStreet upgraded Cypress Energy Partners from a “d+” rating to a “c” rating in a research report on Monday, August 27th. ValuEngine downgraded Cypress Energy Partners from a “sell” rating to a “strong sell” rating in a research report on Friday, September 21st. Finally, Robert W. Baird set a $8.00 price objective on Cypress Energy Partners and gave the stock a “hold” rating in a research report on Thursday, September 20th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $7.58.
Cypress Energy Partners Company Profile
Cypress Energy Partners, L.P. provides pipeline inspection and integrity, and environmental services in North America. It operates in three segments: Pipeline Inspection Services (PIS), Integrity Services (IS), and Water and Environmental Services (W&ES). The PIS segment offers independent inspection services for various facilities and equipment, such as transmission pipelines, oil and natural gas gathering systems, pump and compressor stations, storage facilities and terminals, and gas distribution systems.
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