Emerge Energy Services LP (NYSE:EMES) has an average broker rating of 2.71, which is interpreted as a Hold, as rated by 7 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
Emerge Energy Services LP (NYSE:EMES) : Average target price received by Emerge Energy Services LP (NYSE:EMES) is $9.18 with an expected standard deviation of $4.69. The most aggressive target on the stock is $14, whereas the most downbeat target is $4. 4 financial analysts are currently covering the stock.
Company shares have received an average consensus rating of Hold for the current week
Emerge Energy Services LP (NYSE:EMES): stock turned positive on Tuesday. Though the stock opened at $11.74, the bulls momentum made the stock top out at $11.93 level for the day. The stock recorded a low of $11.18 and closed the trading day at $11.37, in the green by 2.62%. The total traded volume for the day was 820,635. The stock had closed at $11.08 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director 10% owner of Emerge Energy Services Lp, Vescovo Victor L, had purchased 10,000 shares in a transaction dated on September 9, 2015. The transaction was executed at $14.25 per share with total amount equaling $142,500.
Emerge Energy Services LP (Emerge) owns, operates, acquires and develops a diversified portfolio of energy service assets. The Company operates in segments: Sand segment and Fuel segment. Through its Sand segment, the Company is engaged in the businesses of mining, processing, and distributing silica sand, a key input for the hydraulic fracturing of oil and natural gas wells. Its Fuel segment processes transmix, distributes refined motor fuels and renewable fuels, operates bulk motor fuel storage terminals, and provides complementary services. The Company We conducts its Sand operations through its subsidiary, Superior Silica Sands LLC (SSS) and its Fuel operations through its subsidiaries Direct Fuels LLC (Direct Fuels), Allied Energy Company LLC (AEC) and Emerge Energy Distributors Inc. (Distributor).