Robert W. Baird set a $8.00 price target on Cypress Energy Partners (NYSE:CELP) in a research report sent to investors on Thursday, September 20th. The firm currently has a hold rating on the oil and gas company’s stock.

A number of other equities research analysts have also recently commented on the company. TheStreet upgraded Cypress Energy Partners from a d+ rating to a c rating in a report on Monday, August 27th. ValuEngine raised Cypress Energy Partners from a sell rating to a hold rating in a research note on Thursday, August 9th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. Cypress Energy Partners presently has a consensus rating of Hold and a consensus price target of $7.58.

NYSE CELP traded down $0.07 on Thursday, hitting $6.75. 4,455 shares of the company’s stock were exchanged, compared to its average volume of 19,057. The stock has a market capitalization of $85.92 million, a price-to-earnings ratio of 13.50 and a beta of 1.59. The company has a current ratio of 3.14, a quick ratio of 3.14 and a debt-to-equity ratio of 7.82. Cypress Energy Partners has a fifty-two week low of $5.50 and a fifty-two week high of $8.50.

Cypress Energy Partners (NYSE:CELP) last released its quarterly earnings results on Monday, August 13th. The oil and gas company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.14. The business had revenue of $76.47 million for the quarter, compared to analysts’ expectations of $77.17 million. Cypress Energy Partners had a return on equity of 92.86% and a net margin of 3.03%. Equities analysts forecast that Cypress Energy Partners will post 0.54 earnings per share for the current fiscal year.

An institutional investor recently bought a new position in Cypress Energy Partners stock. Northern Trust Corp bought a new position in Cypress Energy Partners LP (NYSE:CELP) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 19,716 shares of the oil and gas company’s stock, valued at approximately $143,000. Northern Trust Corp owned 0.17% of Cypress Energy Partners at the end of the most recent quarter. Institutional investors own 1.26% of the company’s stock.

Cypress Energy Partners Company Profile

Cypress Energy Partners, L.P. provides pipeline inspection and integrity, and environmental services in North America. It operates in three segments: Pipeline Inspection Services (PIS), Integrity Services (IS), and Water and Environmental Services (W&ES). The PIS segment offers independent inspection services for various facilities and equipment, such as transmission pipelines, oil and natural gas gathering systems, pump and compressor stations, storage facilities and terminals, and gas distribution systems.

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