Key Points
- President Douglas Reynolds purchased 2,500 shares at $8.65 each (total ~$21,625), raising his direct stake to 1,468,361 shares — a 0.17% increase in ownership.
- Energy Services reported mixed Q4 results with an EPS miss ($0.25 vs. $0.38 estimate) but revenue beat ($130.07M vs. $109.2M), and declared a quarterly dividend of $0.03 (annualized $0.12, yield ~1.5%, DPR ~65.6%).
- The stock trades around $8 (50‑day SMA $9.61, 200‑day SMA $9.97) and carries a consensus rating of "Moderate Buy" with an average target of $21.00, while institutional ownership is low at about 2.13%.
Energy Services of America Co. (NASDAQ:ESOA - Get Free Report) President Douglas Reynolds bought 2,500 shares of the stock in a transaction dated Wednesday, December 17th. The shares were acquired at an average price of $8.65 per share, with a total value of $21,625.00. Following the completion of the purchase, the president directly owned 1,468,361 shares of the company's stock, valued at approximately $12,701,322.65. This represents a 0.17% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Energy Services of America Stock Up 1.9%
Shares of NASDAQ ESOA opened at $8.08 on Wednesday. Energy Services of America Co. has a 1 year low of $7.64 and a 1 year high of $15.23. The stock's 50-day simple moving average is $9.61 and its 200-day simple moving average is $9.97.
Energy Services of America (NASDAQ:ESOA - Get Free Report) last issued its quarterly earnings results on Wednesday, December 10th. The company reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.38 by ($0.13). The company had revenue of $130.07 million during the quarter, compared to analysts' expectations of $109.20 million.
Energy Services of America Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be given a dividend of $0.03 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.5%. Energy Services of America's dividend payout ratio (DPR) is presently 65.57%.
Institutional Trading of Energy Services of America
A number of large investors have recently added to or reduced their stakes in ESOA. Navellier & Associates Inc. increased its holdings in shares of Energy Services of America by 3.7% in the third quarter. Navellier & Associates Inc. now owns 34,405 shares of the company's stock valued at $356,000 after buying an additional 1,223 shares in the last quarter. Larson Financial Group LLC raised its holdings in Energy Services of America by 117.1% during the 3rd quarter. Larson Financial Group LLC now owns 2,436 shares of the company's stock worth $25,000 after buying an additional 1,314 shares during the period. First Trust Advisors LP lifted its stake in Energy Services of America by 3.8% during the second quarter. First Trust Advisors LP now owns 36,160 shares of the company's stock valued at $359,000 after buying an additional 1,332 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Energy Services of America by 137.6% in the third quarter. BNP Paribas Financial Markets now owns 2,390 shares of the company's stock worth $25,000 after buying an additional 1,384 shares during the period. Finally, Sierra Summit Advisors LLC increased its position in shares of Energy Services of America by 3.3% in the second quarter. Sierra Summit Advisors LLC now owns 65,331 shares of the company's stock worth $649,000 after acquiring an additional 2,060 shares in the last quarter. 2.13% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several equities analysts have recently commented on the stock. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Energy Services of America in a research report on Monday. Wall Street Zen cut shares of Energy Services of America from a "buy" rating to a "hold" rating in a report on Sunday, December 14th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $21.00.
Read Our Latest Report on Energy Services of America
About Energy Services of America
(
Get Free Report)
Energy Services of America, Inc (NASDAQ: ESOA) is a provider of natural gas compression equipment and services to energy producers, pipeline operators, and landowners across North America. The company designs, manufactures, and distributes compression systems tailored to meet the needs of natural gas gathering, processing and transmission applications. Its offerings include the sale, lease, and repair of both new and reconditioned compression units, as well as aftermarket parts and field services that support ongoing system performance and reliability.
In addition to core compression services, Energy Services of America delivers turnkey solutions for pipeline operators and gas processors.
Further Reading
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