Published On: Mon, May 9th, 2016
Uncategorized | By Sylvia Delisle

Key Energy Services, Inc. (NASDAQ:KEG) To Report Earnings

Analysts await Key Energy Services, Inc. (NASDAQ:KEG) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.

They expect $-0.27 EPS, down 33.33% or $0.09 from last year’s $-0.18 per share.

At the moment 14 analysts are watching Key Energy Services, Inc. (NASDAQ:KEG), 1 rate it “Buy”, 1 “Outperform”, 11 “Underperform”, 0 “Sell”, while 1 “Hold”.

Looking forward, for the quarter ending Jun-16, 9 analysts have a mean sales target of 119.14 million. For the quarter ending Sep-16, 9 analysts have a mean sales target of 129.18 million whilst for the year ending Dec-16, 11 analysts have a mean target of 503.38 million.

In terms of earnings per share, 13 analysts have a -0.27 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 13 analysts have a -0.25 EPS mean target and for the quarter ending Sep-16 there are 14 estimates of -1.02 EPS.

The biggest institutional shareholders in Key Energy Services, Inc. include Mhr Fund Management Llc which owns 17 million shares in the company valued at $8.43 million. Dimensional Fund Advisors, Inc. is the second biggest holder with 7 million shares currently valued at 3.48 million whilst Citadel GP LLC has 6 million shares valued at 2.84 million.

Total shares held by institutions as of the most recent company filings are 99,064,377 with a reported 9,977,782 bought and 7,166,785 sold. These holdings make up 61.46% of the company’s outstanding shares.

Currently insiders hold 12,804,348 shares in the business which makes up 7.94% of shares. The biggest holder currently is Mr. Robert Drummond who owns 2,621,124 shares (1.62% of those outstanding), whilst Richard J. Alario holds 1,607,185 (1.00% of shares outstanding) and J. Marshall Dodson holds 1,198,487 (0.74% of shares outstanding).

The stock increased 3.2940% or $0.0145 during the last trading session, hitting $0.6100. Key Energy Services, Inc. (NASDAQ:KEG) has risen 9.84% over the past 6 months and is uptrending.

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