Among 20 analysts covering Basic Energy Services (NYSE:BAS), 7 have Buy rating, 1 Sell and 12 Hold. Therefore 35% are positive. Basic Energy Services has $51 highest and $1.50 lowest target. $12.32’s average target is -48.56% below currents $23.95 stock price. Basic Energy Services had 48 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Basic Energy Services, Inc. (NYSE:BAS) has “Accumulate” rating given on Wednesday, September 9 by Tudor Pickering. The firm earned “Buy” rating on Thursday, January 19 by Deutsche Bank. On Wednesday, September 30 the stock rating was maintained by Imperial Capital with “In-Line”. Jefferies maintained Basic Energy Services, Inc. (NYSE:BAS) on Monday, July 11 with “Hold” rating. The company was upgraded on Tuesday, August 9 by Macquarie Research. The rating was upgraded by Johnson Rice on Thursday, December 29 to “Accumulate”. The firm has “Hold” rating given on Thursday, October 12 by Piper Jaffray. The firm has “Outperform” rating by iBERIA Capital Partners given on Thursday, March 10. The rating was maintained by Howard Weil with “Sector Perform” on Monday, February 22. The stock has “Hold” rating by Piper Jaffray on Thursday, September 7.
Southpoint Capital Advisors Lp increased 8X8 Inc New (EGHT) stake by 180% reported in 2017Q3 SEC filing. Southpoint Capital Advisors Lp acquired 900,000 shares as 8X8 Inc New (EGHT)’s stock declined 12.33%. The Southpoint Capital Advisors Lp holds 1.40M shares with $18.90 million value, up from 500,000 last quarter. 8X8 Inc New now has $1.47B valuation. The stock increased 4.58% or $0.7 during the last trading session, reaching $16. About 1.21M shares traded or 56.50% up from the average. 8×8, Inc. (NASDAQ:EGHT) has risen 12.01% since January 18, 2017 and is uptrending. It has underperformed by 4.69% the S&P500.
Investors sentiment decreased to 1.06 in 2017 Q3. Its down 0.24, from 1.3 in 2017Q2. It worsened, as 15 investors sold EGHT shares while 57 reduced holdings. 29 funds opened positions while 47 raised stakes. 58.47 million shares or 0.80% more from 58.00 million shares in 2017Q2 were reported. 1492 Management Lc has invested 0.51% in 8×8, Inc. (NYSE:EGHT). Legal And General Gp Plc has 188,747 shares. Fil Limited holds 0.03% of its portfolio in 8×8, Inc. (NYSE:EGHT) for 837,369 shares. Aperio Gru Ltd Co stated it has 0.01% of its portfolio in 8×8, Inc. (NYSE:EGHT). Water Island Lc invested in 775,000 shares or 0.5% of the stock. 10,149 were accumulated by Tower Research Capital Ltd Liability Company (Trc). Rice Hall James & Assoc Ltd Liability Corporation invested 0.07% of its portfolio in 8×8, Inc. (NYSE:EGHT). Moreover, Art Advsrs Lc has 0.01% invested in 8×8, Inc. (NYSE:EGHT). Perigon Wealth Mngmt Llc has 0.01% invested in 8×8, Inc. (NYSE:EGHT) for 1,460 shares. Manufacturers Life Insur Co The holds 0% or 67,019 shares in its portfolio. Stephens Mngmt Group Limited Liability Company reported 2.09 million shares. Glenmede Trust Na has invested 0% in 8×8, Inc. (NYSE:EGHT). Arizona State Retirement Sys holds 47,635 shares. Amer Registered Investment Advisor invested in 24,945 shares or 0.17% of the stock. Blackrock owns 10.92 million shares.
Southpoint Capital Advisors Lp decreased Abercrombie & Fitch Co (NYSE:ANF) stake by 450,000 shares to 1.00M valued at $14.44 million in 2017Q3. It also reduced Regeneron Pharmaceuticals (NASDAQ:REGN) stake by 30,000 shares and now owns 70,000 shares. Willis Towers Watson Pub Ltd was reduced too.
Among 12 analysts covering 8×8 (NASDAQ:EGHT), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. 8×8 had 26 analyst reports since August 10, 2015 according to SRatingsIntel. Robert W. Baird maintained it with “Buy” rating and $18.0 target in Thursday, October 19 report. Needham maintained 8×8, Inc. (NYSE:EGHT) on Tuesday, September 5 with “Buy” rating. Northland Capital maintained the shares of EGHT in report on Friday, July 28 with “Buy” rating. As per Friday, May 26, the company rating was maintained by William Blair. The stock has “Hold” rating by Craig Hallum on Friday, July 28. The rating was initiated by Summit Research on Monday, January 25 with “Buy”. Dougherty & Company maintained it with “Buy” rating and $15 target in Friday, May 20 report. The stock has “Outperform” rating by Northland Capital on Friday, October 23. As per Friday, May 20, the company rating was maintained by Barclays Capital. The firm has “Buy” rating by Needham given on Friday, October 27.
Analysts await Basic Energy Services, Inc. (NYSE:BAS) to report earnings on March, 22. They expect $-0.28 EPS, up 76.27% or $0.90 from last year’s $-1.18 per share. After $-0.24 actual EPS reported by Basic Energy Services, Inc. for the previous quarter, Wall Street now forecasts 16.67% negative EPS growth.
Basic Energy Services, Inc. provides well site services to oil and natural gas drilling and producing companies in the United States. The company has market cap of $623.37 million. The Company’s Completion and Remedial Services segment offers pumping services, such as cementing, acidizing, fracturing, nitrogen, and pressure testing; rental and fishing tools; coiled tubing; snubbing services; thru-tubing; cased-hole wireline services; and underbalanced drilling in low pressure and fluid sensitive reservoirs. It has a 11.02 P/E ratio. This segment operates 281 pumping units; and 47 air compressor packages.
The stock increased 0.42% or $0.1 during the last trading session, reaching $23.95. About 514,042 shares traded or 19.50% up from the average. Basic Energy Services, Inc. (NYSE:BAS) has 0.00% since January 18, 2017 and is . It has underperformed by 16.70% the S&P500.
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