Select Water Solutions Inc (NYSE: WTTR) is -35.73% lower on its value in year-to-date trading and has touched a low of $7.78 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 $7.93 in the last trading session, with the day’s gains setting it 0.58%.
Currently trading at $8.51, the stock is -13.61% and -23.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.46 million and changing 7.31% at the moment leaves the stock -27.97% off its SMA200. WTTR registered -9.85% loss for a year compared to 6-month loss of -26.06%. The firm has a 50-day simple moving average (SMA 50) of $11.168 and a 200-day simple moving average (SMA200) of $11.81405.
The stock witnessed a -12.00% gain in the last 1 month and extending the period to 3 months gives it a -36.82%, and is -21.42% 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 11.35% over the week and 6.01% over the month.
Select Water Solutions Inc (WTTR) has around 3700 employees, a market worth around $1.02B and $1.45B in sales. Current P/E ratio is 28.34 and Fwd P/E is 9.36. Profit margin for the company is 2.11%. Distance from 52-week low is 9.38% and -43.79% from its 52-week high. The company has generated returns on investments over the last 12 months (3.37%).
with sales reaching $360.78M over the same period.The EPS is expected to grow by 85.44% this year, but quarterly earnings will post 3.24% year-over-year. Quarterly sales are estimated to shrink -1.57% in year-over-year returns.
314.0 institutions hold shares in Select Water Solutions Inc (WTTR), with institutional investors hold 100.68% of the company’s shares. The shares outstanding are 103.07M, and float is at 92.21M with Short Float at 6.05%. Institutions hold 93.64% 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 8.4199 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).
