It makes sense and dollars to buy Select Water Solutions Inc (WTTR) stock

With 0.84 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.36 million shares. During the session, the Specialty Chemicals company that operates in wider Basic Materials sector, reached to the highest price of $9.86 whereas the lowest price it dropped to was $9.64. The 52-week range on WTTR shows that it touched its highest point at $9.94 and its lowest point at $6.78 during that stretch. It currently has a 1-year price target of $12.25. With its current market cap of 1.00 billion, WTTR has annualized dividend of $0.23 while the current yield stands at 2.34%. WTTR paid its most recent dividend on 1714608000, while the ex-dividend date for that was 1714608000. Beta for the stock currently stands at 1.67.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of WTTR was up-trending over the past week, with a rise of 6.26%, but this was up by 9.57% over a month. Three-month performance surged to 29.61% while six-month performance rose 33.83%. The stock gained 31.86% in the past year, while it has gained 29.78% so far this year. A look at the trailing 12-month EPS for WTTR yields 0.64 with Next year EPS estimates of 1.16. For the next quarter, that number is 0.12. This implies an EPS growth rate of -19.69% for this year and 100.20% for next year.

Float and Shares Shorts:

At present, 102.17 million WTTR shares are outstanding with a float of 89.78 million shares on hand for trading. On 2024-04-30, short shares totaled 4.04 million, which was 393.00002 higher than short shares on 1711584000. In addition to Mr. John D. Schmitz as the firm’s President, CEO & Chairman, Mr. Christopher K. George serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.80538005 of WTTR’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, WTTR reported revenue of $366548000.0 and operating income of $7439000.0. The EBITDA in the recently reported quarter was $45053000.0 and diluted EPS was $0.04.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for WTTR since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.