This week, the ratings of four energy services stocks on Portfolio Grader are down. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).
This week, Tenaris S.A. Sponsored ADR () falls to a D (“sell”), worse than last week’s grade of C (“hold”). Tenaris manufactures and supplies steel pipe products and related services for the world’s energy industry. In 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. The stock price has dropped 5.2% over the past month, worse than the 1.7% decrease the S&P 500 has seen over the same period of time. .
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 trailing PE Ratio for the stock is 26.00. .
Hornbeck Offshore Services, Inc. () earns an F this week, moving down from last week’s grade of D. 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 $39.97, the stock is under the 50-day moving average of $42.20. Shares of the stock have been trading at an exceptionally rapid pace, up twofold from the week prior. .
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.
No comments:
Post a Comment