C&J Energy Services (NASDAQ:CJES) is scheduled to be posting its Q2 2013 quarterly earnings results after the market closes on Wednesday, July 31st. Individual that are interested in participating in the company’s earnings conference call can do so using this link.
C&J Energy Services (NASDAQ:CJES) last released its earnings data on Wednesday, May 1st. The company reported $0.46 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.55 by $0.09. The company had revenue of $276.10 million for the quarter, compared to the consensus estimate of $287.76 million. During the same quarter in the prior year, the company posted $0.92 earnings per share. The company’s quarterly revenue was up 15.5% on a year-over-year basis. On average, analysts expect C&J Energy Services to post $1.58 EPS for the current fiscal year and $1.81 EPS for the next fiscal year.
C&J Energy Services (NASDAQ: CJES) opened at 19.34 on Tuesday. C&J Energy Services has a 52-week low of $17.45 and a 52-week high of $25.35. The stock’s 50-day moving average is currently $19.50. The company has a market cap of $1.016 billion and a price-to-earnings ratio of 6.66.
Several analysts have recently commented on the stock. Analysts at JPMorgan Cazenove cut their price target on shares of C&J Energy Services from $25.00 to $21.00 in a research note to investors on Tuesday, May 7th. They now have a “neutral” rating on the stock. On a related note, analysts at Global Hunter Securities cut their price target on shares of C&J Energy Services from $22.00 to $20.00 in a research note to investors on Monday, May 6th. They now have a “neutral” rating on the stock. Finally, analysts at Goldman Sachs Group Inc. downgraded shares of C&J Energy Services from a “buy” rating to a “neutral” rating in a research note to investors on Monday, May 6th. They now have a $22.00 price target on the stock, down previously from $28.00.
Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $25.14.
C&J Energy Services, Inc is a provider of hydraulic fracturing, coiled tubing, wireline and other complementary services with a focus on complex, technically demanding well completions.