Is Select Energy Stock a Good Investment?
Select Energy Investment Advice | WTTR |
- Examine Select Energy's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Select Energy's leadership team and their track record. Good management can help Select Energy navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil & Gas Equipment & Services space and any emerging trends that could impact Select Energy's business and its evolving consumer preferences.
- Compare Select Energy's performance and market position to its competitors. Analyze how Select Energy is positioned in terms of product offerings, innovation, and market share.
- Check if Select Energy pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Select Energy's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Select Energy Services stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Select Energy Services is a good investment.
Sell | Buy |
Hold
Market Performance | OK | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Select Energy Stock
Researching Select Energy's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 91.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 1.9. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Select Energy Services last dividend was issued on the 5th of November 2024.
To determine if Select Energy is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Select Energy's research are outlined below:
| Select Energy had very high historical volatility over the last 90 days | |
| Select Energy is unlikely to experience financial distress in the next 2 years | |
| Select Energy has a strong financial position based on the latest SEC filings | |
| Over 91.0% of the company outstanding shares are owned by institutional investors | |
| On 15th of November 2024 Select Energy paid $ 0.07 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Foundry Partners LLC Has 6.93 Million Holdings in Select Water Solutions, Inc. |
Select Energy uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Select Energy Services. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Select Energy's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 20th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Select Energy's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Select Energy's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-07-30 | 2024-06-30 | 0.11 | 0.13 | 0.02 | 18 | ||
2023-05-02 | 2023-03-31 | 0.14 | 0.12 | -0.02 | 14 | ||
2024-04-30 | 2024-03-31 | 0.07 | 0.04 | -0.03 | 42 | ||
2023-08-02 | 2023-06-30 | 0.23 | 0.2 | -0.03 | 13 | ||
2017-05-17 | 2017-03-31 | -0.13 | -0.16 | -0.03 | 23 | ||
2019-11-06 | 2019-09-30 | 0.11 | 0.07 | -0.04 | 36 | ||
2019-02-26 | 2018-12-31 | 0.18 | 0.14 | -0.04 | 22 | ||
2022-02-22 | 2021-12-31 | -0.05 | -0.1 | -0.05 | 100 |
Know Select Energy's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Select Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Select Energy Services backward and forwards among themselves. Select Energy's institutional investor refers to the entity that pools money to purchase Select Energy's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Webs Creek Capital Management Lp | 2024-09-30 | 2.2 M | Van Eck Associates Corporation | 2024-06-30 | 2.2 M | Geode Capital Management, Llc | 2024-09-30 | 2.1 M | Boston Partners Global Investors, Inc | 2024-09-30 | 1.9 M | Royce & Associates, Lp | 2024-09-30 | 1.7 M | Evr Research Lp | 2024-06-30 | 1.5 M | Systematic Financial Management Lp | 2024-09-30 | 1.1 M | Amvescap Plc. | 2024-06-30 | 1 M | Charles Schwab Investment Management Inc | 2024-09-30 | 1 M | Blackrock Inc | 2024-06-30 | 8.6 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 6.6 M |
Select Energy's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.75 B.Market Cap |
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Select Energy's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.07 | 0.07 | |
| Return On Capital Employed | 0.06 | 0.06 | |
| Return On Assets | 0.06 | 0.06 | |
| Return On Equity | 0.10 | 0.10 |
Determining Select Energy's profitability involves analyzing its financial statements and using various financial metrics to determine if Select Energy is a good buy. For example, gross profit margin measures Select Energy's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Select Energy's profitability and make more informed investment decisions.
Select Energy's Earnings Breakdown by Geography
Evaluate Select Energy's management efficiency
Select Energy Services has return on total asset (ROA) of 0.0313 % which means that it generated a profit of $0.0313 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0725 %, meaning that it created $0.0725 on every $100 dollars invested by stockholders. Select Energy's management efficiency ratios could be used to measure how well Select Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/25/2024, Return On Tangible Assets is likely to grow to 0.07. Also, Return On Capital Employed is likely to grow to 0.06. At this time, Select Energy's Non Currrent Assets Other are relatively stable compared to the past year. As of 11/25/2024, Intangible Assets is likely to grow to about 116.4 M, while Net Tangible Assets are likely to drop slightly above 446.8 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 7.59 | 11.13 | |
| Tangible Book Value Per Share | 6.56 | 5.73 | |
| Enterprise Value Over EBITDA | 5.35 | 7.82 | |
| Price Book Value Ratio | 1.16 | 1.97 | |
| Enterprise Value Multiple | 5.35 | 7.82 | |
| Price Fair Value | 1.16 | 1.97 | |
| Enterprise Value | 889.2 M | 840.7 M |
Understanding the operational decisions made by Select Energy management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Dividend Yield 0.0191 | Forward Dividend Yield 0.0191 | Forward Dividend Rate 0.28 | Beta 1.665 |
Basic technical analysis of Select Stock
As of the 25th of November, Select Energy has the Coefficient Of Variation of 776.18, semi deviation of 2.07, and Risk Adjusted Performance of 0.1068. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Select Energy Services, as well as the relationship between them. Please validate Select Energy Services standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Select Energy is priced more or less accurately, providing market reflects its prevalent price of 14.69 per share. Given that Select Energy Services has jensen alpha of 0.1384, we advise you to double-check Select Energy Services's current market performance to make sure the company can sustain itself at a future point.Select Energy's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Select Energy insiders, such as employees or executives, is commonly permitted as long as it does not rely on Select Energy's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Select Energy insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Select Energy's Outstanding Corporate Bonds
Select Energy issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Select Energy Services uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Select bonds can be classified according to their maturity, which is the date when Select Energy Services has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Select Medical Corp Corp BondUS816196AT67 | View | |
| SELECT INCOME REIT Corp BondUS81618TAC45 | View | |
| US81619PAF45 Corp BondUS81619PAF45 | View | |
| US81619PAA57 Corp BondUS81619PAA57 | View | |
| US81619PAB31 Corp BondUS81619PAB31 | View |
Understand Select Energy's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Select Energy's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1068 | |||
| Market Risk Adjusted Performance | 0.1792 | |||
| Mean Deviation | 2.15 | |||
| Semi Deviation | 2.07 | |||
| Downside Deviation | 2.34 | |||
| Coefficient Of Variation | 776.18 | |||
| Standard Deviation | 3.83 | |||
| Variance | 14.69 | |||
| Information Ratio | 0.0947 | |||
| Jensen Alpha | 0.1384 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.1553 | |||
| Treynor Ratio | 0.1692 | |||
| Maximum Drawdown | 27.74 | |||
| Value At Risk | (3.20) | |||
| Potential Upside | 3.95 | |||
| Downside Variance | 5.47 | |||
| Semi Variance | 4.28 | |||
| Expected Short fall | (2.45) | |||
| Skewness | 4.3 | |||
| Kurtosis | 27.89 |
| Risk Adjusted Performance | 0.1068 | |||
| Market Risk Adjusted Performance | 0.1792 | |||
| Mean Deviation | 2.15 | |||
| Semi Deviation | 2.07 | |||
| Downside Deviation | 2.34 | |||
| Coefficient Of Variation | 776.18 | |||
| Standard Deviation | 3.83 | |||
| Variance | 14.69 | |||
| Information Ratio | 0.0947 | |||
| Jensen Alpha | 0.1384 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.1553 | |||
| Treynor Ratio | 0.1692 | |||
| Maximum Drawdown | 27.74 | |||
| Value At Risk | (3.20) | |||
| Potential Upside | 3.95 | |||
| Downside Variance | 5.47 | |||
| Semi Variance | 4.28 | |||
| Expected Short fall | (2.45) | |||
| Skewness | 4.3 | |||
| Kurtosis | 27.89 |
Consider Select Energy's intraday indicators
Select Energy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Select Energy stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Select Energy Corporate Filings
F4 | 12th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 8th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 6th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 5th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Select Stock media impact
Far too much social signal, news, headlines, and media speculation about Select Energy that are available to investors today. That information is available publicly through Select media outlets and privately through word of mouth or via Select internal channels. However, regardless of the origin, that massive amount of Select data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Select Energy news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Select Energy relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Select Energy's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Select Energy alpha.
Select Energy Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Select Energy can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Select Energy Corporate Directors
| Richard Burnett | Independent Director | Profile | |
| David Baldwin | Independent Director | Profile | |
| Robert Delaney | Lead Independent Director | Profile | |
| Keith Rattie | Independent Director | Profile |
Already Invested in Select Energy Services?
The danger of trading Select Energy Services is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Select Energy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Select Energy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Select Energy Services is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Tools for Select Stock Analysis
When running Select Energy's price analysis, check to measure Select Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Select Energy is operating at the current time. Most of Select Energy's value examination focuses on studying past and present price action to predict the probability of Select Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Select Energy's price. Additionally, you may evaluate how the addition of Select Energy to your portfolios can decrease your overall portfolio volatility.