Select Water Solutions Inc (NYSE: WTTR) is 64.03% higher on its value in year-to-date trading and has touched a low of $6.99 and a high of $15.14 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WTTR stock was last observed hovering at around $12.91 in the last trading session, with the day’s loss setting it -0.46%.
Currently trading at $12.45, the stock is -12.40% and -3.46% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.11 million and changing -3.56% at the moment leaves the stock 13.56% off its SMA200. WTTR registered 63.17% gain for a year compared to 6-month gain of 22.06%. The firm has a 50-day simple moving average (SMA 50) of $12.8724 and a 200-day simple moving average (SMA200) of $10.9432.
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The stock witnessed a -11.45% loss in the last 1 month and extending the period to 3 months gives it a 8.92%, and is -10.82% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.02% over the week and 3.25% over the month.
Select Water Solutions Inc (WTTR) has around 4200 employees, a market worth around $1.49B and $1.48B in sales. Current P/E ratio is 21.22 and Fwd P/E is 13.10. Profit margin for the company is 4.05%. Distance from 52-week low is 78.11% and -17.77% from its 52-week high. The company has generated returns on investments over the last 12 months (6.57%).
with sales reaching $338.92M over the same period.The EPS is expected to shrink by -36.85% this year, but quarterly earnings will post -9.28% year-over-year. Quarterly sales are estimated to shrink -9.59% in year-over-year returns.
293.0 institutions hold shares in Select Water Solutions Inc (WTTR), with institutional investors hold 98.16% of the company’s shares. The shares outstanding are 102.80M, and float is at 91.53M with Short Float at 5.59%. Institutions hold 90.65% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 8.6 million shares valued at $92.05 million. The investor’s holdings represent 8.6701 of the WTTR Shares outstanding. As of 2024-06-30, the second largest holder is DIMENSIONAL FUND ADVISORS LP with 6.57 million shares valued at $70.29 million to account for 6.6207 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 6.26 million shares representing 6.3054 and valued at over $66.94 million, while WELLINGTON MANAGEMENT GROUP LLP holds 5.1494 of the shares totaling 5.11 million with a market value of $54.67 million.
Select Water Solutions Inc (WTTR) Insider Activity
The most recent transaction is an insider sale by Schmitz John, the company’s President/CEO. SEC filings show that Schmitz John sold 225,000 shares of the company’s common stock on Nov 11 ’24 at a price of $13.70 per share for a total of $3.08 million. Following the sale, the insider now owns 2.93 million shares.
Select Water Solutions Inc disclosed in a document filed with the SEC on Nov 08 ’24 that Schmitz John (President/CEO) sold a total of 75,000 shares of the company’s common stock. The trade occurred on Nov 08 ’24 and was made at $13.93 per share for $1.04 million. Following the transaction, the insider now directly holds 3.15 million shares of the WTTR stock.
Still, SEC filings show that on Nov 08 ’24, B-29 Investments, LP (Affiliate) Proposed Sale 300,000 shares at an average price of $14.26 for $4.28 million. The insider now directly holds shares of Select Water Solutions Inc (WTTR).
