Select Water Solutions Inc (NYSE: WTTR) is -0.76% lower on its value in year-to-date trading and has touched a low of $7.55 and a high of $15.14 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WTTR stock was last observed hovering at around $12.45 in the last trading session, with the day’s gains setting it 0.69%.
Currently trading at $13.14, the stock is -0.16% and -2.43% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.58 million and changing 5.54% at the moment leaves the stock 12.01% off its SMA200. WTTR registered 73.12% gain for a year compared to 6-month gain of 20.33%. The firm has a 50-day simple moving average (SMA 50) of $13.4676 and a 200-day simple moving average (SMA200) of $11.73105.
The stock witnessed a -9.75% loss in the last 1 month and extending the period to 3 months gives it a -5.33%, and is 2.90% up 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 3.69% over the week and 4.03% over the month.
Select Water Solutions Inc (WTTR) has around 4200 employees, a market worth around $1.35B and $1.48B in sales. Current P/E ratio is 22.39 and Fwd P/E is 16.40. Profit margin for the company is 4.05%. Distance from 52-week low is 74.16% and -13.21% from its 52-week high. The company has generated returns on investments over the last 12 months (6.57%).
with sales reaching $333.62M over the same period.The EPS is expected to shrink by -44.31% this year, but quarterly earnings will post -9.38% year-over-year. Quarterly sales are estimated to shrink -11.00% in year-over-year returns.
Select Water Solutions Inc (WTTR) Top Institutional Holders
311.0 institutions hold shares in Select Water Solutions Inc (WTTR), with institutional investors hold 101.88% of the company’s shares. The shares outstanding are 102.80M, and float is at 91.51M with Short Float at 5.86%. Institutions hold 93.89% 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 26,550 shares of the company’s common stock on Feb 11 ’25 at a price of $13.16 per share for a total of $0.35 million. Following the sale, the insider now owns 2.9 million shares.
Still, SEC filings show that on Nov 11 ’24, Schmitz John (President/CEO) disposed off 225,000 shares at an average price of $13.70 for $3.08 million. The insider now directly holds 2,925,128 shares of Select Water Solutions Inc (WTTR).
