This week, the overall grades of four energy services stocks are lower, according to the Portfolio Grader database. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).
Tenaris S.A. Sponsored ADR’s () rating falls to a D (“sell”) this week, down from C (“hold”) the week prior. Tenaris manufactures and supplies steel pipe products and related services for the world’s energy industry. For Portfolio Grader’s specific subcategory of Sales Growth, TS also gets an F. .
Helix Energy Solutions Group, Inc. () earns an F (“strong sell”) this week, moving down from last week’s grade of D (“sell”). Helix Energy Solutions is a marine contractor and operator of offshore oil and gas properties and production facilities. The stock gets F’s in Cash Flow and Margin Growth. Shares of the stock have been exchanging at an usually rapid pace, twice the rate of the week prior. .
The rating of Dril-Quip, Inc. () slips from a C to a D. Dril-Quip designs, manufactures, sells, and services offshore drilling and production equipment to be used in deepwater, harsh environment, and severe service applications. The stock currently has a trailing PE Ratio of 27.20. .
This week, Hornbeck Offshore Services, Inc.’s () rating worsens to an F from the company’s D rating a week ago. Hornbeck Offshore Services provides marine transportation services to the offshore oil and gas industry. The stock gets F’s in Earnings Revisions and Cash Flow. At $39.86, the stock is below the 50-day moving average of $40.76. .
Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.
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