What is Seaport Res Ptn’s Estimate for WTTR Q1 Earnings?

Select Water Solutions, Inc. (NYSE:WTTR) – Equities researchers at Seaport Res Ptn dropped their Q1 2025 EPS estimates for shares of Select Water Solutions in a research note issued on Sunday, March 9th. Seaport Res Ptn analyst T. Curran now forecasts that the company will post earnings per share of $0.09 for the quarter, down from their prior estimate of $0.19. The consensus estimate for Select Water Solutions’ current full-year earnings is $0.91 per share. Seaport Res Ptn also issued estimates for Select Water Solutions’ FY2025 earnings at $0.59 EPS.

Select Water Solutions (NYSE:WTTR) last posted its earnings results on Tuesday, February 18th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.14). Select Water Solutions had a net margin of 2.11% and a return on equity of 3.48%. The firm had revenue of $349.05 million during the quarter, compared to analyst estimates of $333.62 million.

Separately, Citigroup raised their price target on shares of Select Water Solutions from $14.00 to $18.00 and gave the stock a “buy” rating in a research report on Friday, January 10th.

Select Water Solutions Stock Performance

NYSE WTTR opened at $9.68 on Wednesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.65 and a quick ratio of 1.62. The firm has a market capitalization of $1.15 billion, a price-to-earnings ratio of 32.25 and a beta of 1.77. The company’s fifty day moving average is $12.80 and its two-hundred day moving average is $12.46. Select Water Solutions has a 52-week low of $8.47 and a 52-week high of $15.14.

Hedge Funds Weigh In On Select Water Solutions

A number of hedge funds and other institutional investors have recently made changes to their positions in WTTR. Tower Research Capital LLC TRC lifted its holdings in shares of Select Water Solutions by 128.6% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,711 shares of the company’s stock worth $36,000 after acquiring an additional 1,525 shares during the period. Parkside Financial Bank & Trust lifted its holdings in shares of Select Water Solutions by 24.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 5,044 shares of the company’s stock worth $67,000 after acquiring an additional 1,007 shares during the period. Northwest & Ethical Investments L.P. bought a new position in shares of Select Water Solutions during the 3rd quarter worth about $107,000. Creative Planning bought a new position in shares of Select Water Solutions during the 3rd quarter worth about $112,000. Finally, Amundi lifted its holdings in Select Water Solutions by 83.8% during the 4th quarter. Amundi now owns 9,010 shares of the company’s stock valued at $119,000 after purchasing an additional 4,109 shares during the last quarter. 81.73% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CEO John Schmitz sold 73,450 shares of the firm’s stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $13.03, for a total transaction of $957,053.50. Following the completion of the transaction, the chief executive officer now directly owns 2,825,128 shares of the company’s stock, valued at approximately $36,811,417.84. This trade represents a 2.53 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 8.40% of the company’s stock.

Select Water Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Tuesday, February 4th were given a $0.07 dividend. The ex-dividend date was Tuesday, February 4th. This represents a $0.28 annualized dividend and a yield of 2.89%. Select Water Solutions’s dividend payout ratio is 93.33%.

Select Water Solutions Company Profile

Select Water Solutions, Inc, together with its subsidiaries, provides water management and chemical solutions to the energy industry in the United States. The company operates through three segments: Water Services, Water Infrastructure, and Chemical Technologies. The Water Services segment provides water-related services, including water sourcing, water transfer, flowback and well testing, water containment, fluids hauling, water monitoring, and water network automation; technology solutions comprising hydrographic mapping, water volume and quality monitoring, remote pit and tank monitoring, leak detection, asset and fuel tracking, and automated-equipment services, as well as various surface rental equipment and workforce accommodation services.