Home Sectors Energy Valuation Now: Superior Energy Services (NYSE: SPN)

Valuation Now: Superior Energy Services (NYSE: SPN)

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Superior Energy Services is part of the oil and gas services industry and is in the energy sector. The company CEO is David D. Dunlap. Superior Energy Services Inc is a part of the oil and gas sector. Its core business is to provide equipment and services to cater to the companies involved in oil and gas drilling and exploration.

Previous Intraday Trading Performance:

The SPN stock showed a previous change of 13.58% with an open at 1.70 and a close of 1.84. It reached an intraday high of 1.99 and a low of 1.68.

SeekingAlpha:  Microcaps dominate midday movers

Liquidity:

The stock has a market cap of $287.0m with 156.0m shares outstanding, of which the float is 152.3m shares. Trading volume reached 6,231,850 shares compared to its average volume of 3,905,753 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Superior Energy Services shares returned 3.37% and in the past 30 trading days it returned -62.90%. Over three months, it changed -62.60%. In one year it has changed -82.21% and within that year its 52-week high was 11.14 and its 52-week low was 1.57. SPN stock is 17.20% above its 52 Week Low.

Our calculations show a 200 day moving average of 5.78 and a 50 day moving average of 3.65. Currently SPN stock is trading -68.15% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  Microcaps dominate midday movers

Earnings:

The last annual fiscal EPS for the company was reported at -5.56 that ended on 31st of December 2018. Based on 10 analyst estimates, the consensus EPS for the next quarter is -0.24. The TTM EPS is -0.84.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/23/2019): -0.31
4thQtr of 2018 (Reported on 02/18/2019): -4.85
3rdQtr of 2018 (Reported on 10/22/2018): -0.14
2ndQtr of 2018 (Reported on 07/24/2018): -0.17
1stQtr of 2018 (Reported on 04/24/2018): -0.39

Base on our calculations, the intrinsic value per share is 7.53, which means it is possibly undervalued and has a margin of safety of 75.56%.

Indicators to Watch:

Short-interest was 10,011,610, which was 6.42% of shares outstanding. The short-interest ratio or days-to-cover ratio was 3.99. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 2.62.

SeekingAlpha:  Merger Arbitrage Mondays – April 1, 2019

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is -137.56%, return on assets is -33.58%, profit margin is -40.16%, price-to-sales is 0.12 and price-to-book is 1.02.

Company Scores:

All scores are out of six:
 2  :Valuation Score
 0  :Past Performance Score
 3  :Financial Strength Score
 3  :Future Growth Score
 0  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.