Baseline equity research, all cap value, Long Only, Value
Contributor Since 2007
I manage Wax Ink, an equity research firm comprised of individual investors not licensed or registered with any government agency. I have been an all cap value investor and independent equity researcher for the past 30 years.
Positive investment interest means that the current key performance indicators (KPIs) favor investment consideration at this time.
The recent close of $7.70 is approximately 47% below the fair value buy target for the stock and approximately 7% below the fair value close target for the stock. The recent close is also 14% below analysts' twelve-month $9.00 median price target for the stock.
The recent close represents a 31% increase in the one-year price of the stock, while year-over-year sales increased 6%, year-over-year earnings decreased 1%, year-over-year debt increased 9%, and year-over-year free cash flow decreased 20%.
The stock currently has a trailing twelve-month PE Ratio of 4, and a PEG Ratio of 0.4 basis estimated forward earnings growth of 9%.
In the past 52 weeks, share prices have moved between a high of $9.55 and a low of $5.61, placing equilibrium at $7.33.
With the recent close, the stock is trading 24% below the 52 week high, 27% above the 52 week low, and 5% above equilibrium.
The three-month average daily trading volume for this stock is, approximately 2.3 million shares.
Key Energy Services is an onshore rig-based well servicing contractor providing services to major oil companies as well as to independent oil and natural gas producers.
The company's listed competitors include Basic Energy Services, Nabors Industries, and Helmerich and Payne.
Financial information contained herein, is based on the company's most recent annual SEC filing for year ending December 31, 2012 and all prices are per share unless otherwise noted.
Wax Ink currently has no investment position in any company mentioned in this alert.
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Wax Ink is a baseline equity research company not licensed or registered with any government agency
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.