Natural Gas Services Group
The 10-second takeaway
For the quarter ended March 31 (Q1), Natural Gas Services Group beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped. GAAP earnings per share increased.
Margins grew across the board.
Natural Gas Services Group reported revenue of $24.0 million. The three analysts polled by S&P Capital IQ looked for a top line of $22.4 million on the same basis. GAAP reported sales were 9.1% lower than the prior-year quarter's $26.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.32. The five earnings estimates compiled by S&P Capital IQ forecast $0.27 per share. GAAP EPS of $0.32 for Q1 were 10% higher than the prior-year quarter's $0.29 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 51.0%, 850 basis points better than the prior-year quarter. Operating margin was 25.6%, 430 basis points better than the prior-year quarter. Net margin was 16.7%, 340 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $22.4 million. On the bottom line, the average EPS estimate is $0.27.
Next year's average estimate for revenue is $93.0 million. The average EPS estimate is $1.14.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 447 members out of 467 rating the stock outperform, and 20 members rating it underperform. Among 59 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 52 give Natural Gas Services Group a green thumbs-up, and seven give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Natural Gas Services Group is buy, with an average price target of $22.60.
Is Natural Gas Services Group the right energy stock for you? Read about a handful of timely, profit-producing plays on expensive crude in "3 Stocks for $100 Oil." Click here for instant access to this free report.
- Add Natural Gas Services Group to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
Natural Gas Services Group: Making Bucks More Quickly
Don't just count the cash, time it.
The One Chart You Need to See for Natural Gas Services Group
Look here for a clue.
What to Expect from Natural Gas Services Group