Select Water Solutions Inc (NYSE: WTTR) is -7.08% lower on its value in year-to-date trading and has touched a low of $7.20 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 $9.71 in the last trading session, with the day’s loss setting it -0.13%.
Currently trading at $9.58, the stock is 5.54% and 10.45% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.42 million and changing -1.34% at the moment leaves the stock -13.75% off its SMA200. WTTR registered -27.64% loss for a year compared to 6-month loss of -30.58%. The firm has a 50-day simple moving average (SMA 50) of $8.6738 and a 200-day simple moving average (SMA200) of $11.10735.
The stock witnessed a 8.25% gain in the last 1 month and extending the period to 3 months gives it a 14.46%, and is 7.76% 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 4.25% over the week and 3.61% over the month.
Select Water Solutions Inc (WTTR) has around 3700 employees, a market worth around $1.15B and $1.46B in sales. Current P/E ratio is 27.80 and Fwd P/E is 12.05. Profit margin for the company is 2.42%. Distance from 52-week low is 33.06% and -36.72% from its 52-week high. The company has generated returns on investments over the last 12 months (3.30%).
The EPS is expected to grow by 75.78% this year
336.0 institutions hold shares in Select Water Solutions Inc (WTTR), with institutional investors hold 101.01% of the company’s shares. The shares outstanding are 103.88M, and float is at 92.62M with Short Float at 4.44%. Institutions hold 93.86% 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 6.4297 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 6.26 million shares representing 6.1235 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.
