C&J Energy Services, Ltd. (CJES): Building Strength

Company Profile:

C&J Energy Services, Ltd. provides completion and production services for oil and gas industry primarily in North America. The company provides a range of well services involved in the completion, life-of-well maintenance, and plugging and abandonment of a well to oil and natural gas drilling and production companies. It operates in three segments: Completion Services, Well Support Services, and Other Services. The Completion Services segment provides hydraulic fracturing, coiled tubing, cased-hole wireline, pumpdown, and other well stimulation services, as well as nitrogen, pressure pumping, and thru-tubing services. The Well Support segment offers maintenance, workover, and plug and abandonment services, as well as fluid management and rental tool services. The Other Services segment provides cementing, directional drilling, equipment manufacturing, specialty chemical supply, and research and technology. C&J Energy Services, Ltd. was founded in 1997 and is headquartered in Houston, Texas.

Recent News:

C&J Energy Services, Ltd. shares moved up 2.30% in last trading session and ended the day at $15.10. CJES Gross Margin is 25.70% and its return on assets is 1.30%. C&J Energy Services, Ltd. (NYSE:CJES) quarterly performance is 17.97%.

C&J Energy Services Ltd. reported revenue of $401.2 million for the first quarter of 2015, and Adjusted Net Loss of ($7.4 million), or ($0.12) per diluted share.

JPMorgan Chase & Co. initiated coverage on shares of C&J Energy Services (NYSE:CJES) in a research note released on Friday morning.

 

Fundemental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.

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Profitability – Measures the historical price movement of the stock.

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Solvency – Measures the solvency of the company based on several ratios.

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Efficiency – Measures the strength and historic growth of a company’s return on invested capital.

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Conclusion:

CJES’s strengths can be seen in its better profitability, better solvency and better efficiency. Its revenue has increased over several years. Technical indicators signal the bullish signs, as there is a bullish cross in MACD and Stochastic Oscillator. RSI is increasing to 49.22. The P/BV ratio indicates it is undervalued compared to the average P/BV ratio of the industry and the sector. We rate C&J Energy Services, Ltd. (CJES) a BUY.

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