U.S. Well Services Inc. (NASDAQ:USWS) Relative Strength Index (RSI) is 63.82, with weekly volatility at 11.49% and ATR at 0.12. The USWS stock’s 52-week price range has touched low of $0.23 and a $3.37 high. Intraday shares traded counted 2.32 million, which was 15.61% higher than its 30-day average trading volume of 2.75M. Its shares traded lower over the last trading session, losing -4.03% on 05/28/21. The shares fell to a low of $1.17 before closing at $1.19. USWS’s previous close was $1.24 while the outstanding shares total 78.98M. The firm has a beta of 1.44.
Investors have identified the Oil & Gas Midstream company U.S. Well Services Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $111.71 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
U.S. Well Services Inc. (USWS) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For USWS, the company has in raw cash 18.25 million on their books with 13.56 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 102.13 million total, with 80.01 million as their total liabilities.
USWS were able to record -25.23 million as free cash flow during the 08/11/2021 quarter of the year, this saw their quarterly net cash flow reduce by 12.98 million. In cash movements, the company had a total of -11.02 million as operating cash flow.
Potential earnings growth for U.S. Well Services Inc. (USWS)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/11/2021 quarter of the year, U.S. Well Services Inc. recorded a total of 76.26 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -46.92% coming in sequential stages and their sales for the 08/11/2021 quarter increasing by 36.93%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 62.63 million trying to sell their products during the last quarter, with the result yielding a gross income of 13.63 million. This allows shareholders to hold on to 78.98M with the recently reported earning now reading -0.26 cents per share. This is a figure that compared to analyst’s prediction for their 08/11/2021 (-0.35 cents a share).
Having a look at the company’s valuation, the company is expected to record 0.25 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on USWS sounds very interesting.
Is the stock of USWS attractive?
In the last 6 months, insiders have changed their ownership in shares of company stock by 3.70%.
0 out of 3 analysts covering the stock have rated it a Buy, while 3 have maintained a Hold recommendation on U.S. Well Services Inc.. 0 analysts has assigned a Sell rating on the USWS stock. The 12-month mean consensus price target for the company’s shares has been set at $1.33.