Select Water Solutions Inc (NYSE: WTTR) is -23.41% lower on its value in year-to-date trading and has touched a low of $8.60 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 $9.70 in the last trading session, with the day’s gains setting it 0.44%.
Currently trading at $10.14, the stock is -6.13% and -17.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.17 million and changing 4.54% at the moment leaves the stock -14.45% off its SMA200. WTTR registered 13.55% gain for a year compared to 6-month gain of -6.63%. The firm has a 50-day simple moving average (SMA 50) of $12.327 and a 200-day simple moving average (SMA200) of $11.8532.
The stock witnessed a -24.33% loss in the last 1 month and extending the period to 3 months gives it a -26.31%, and is 5.41% 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 5.12% over the week and 4.69% over the month.
Select Water Solutions Inc (WTTR) has around 3700 employees, a market worth around $1.21B and $1.45B in sales. Current P/E ratio is 33.77 and Fwd P/E is 11.15. Profit margin for the company is 2.11%. Distance from 52-week low is 17.91% and -33.03% from its 52-week high. The company has generated returns on investments over the last 12 months (3.37%).
The EPS is expected to grow by 85.44% this year
315.0 institutions hold shares in Select Water Solutions Inc (WTTR), with institutional investors hold 102.25% of the company’s shares. The shares outstanding are 103.07M, and float is at 91.52M with Short Float at 7.62%. Institutions hold 94.11% 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 $$66.94 million, while WELLINGTON MANAGEMENT GROUP LLP holds 5.0008 of the shares totaling 5.11 million with a market value of $$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 73,450 shares of the company’s common stock on Feb 14 ’25 at a price of $13.03 per share for a total of $0.96 million. Following the sale, the insider now owns 2.83 million shares.
Select Water Solutions Inc disclosed in a document filed with the SEC on Feb 11 ’25 that Schmitz John (President/CEO) sold a total of 26,550 shares of the company’s common stock. The trade occurred on Feb 11 ’25 and was made at $13.16 per share for $0.35 million. Following the transaction, the insider now directly holds 2.9 million shares of the WTTR stock.
Still, SEC filings show that on Feb 11 ’25, B-29 Investments, LP (Affiliate) Proposed Sale 100,000 shares at an average price of $13.11 for $1.31 million. The insider now directly holds shares of Select Water Solutions Inc (WTTR).
