Select Energy Services Stock Buy Hold or Sell Recommendation

WTTR Stock  USD 9.15  0.06  0.66%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Select Energy Services is 'Hold'. Macroaxis provides Select Energy buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding WTTR positions. The advice algorithm takes into account all of Select Energy's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Select Energy's buy or sell advice are summarized below:
Real Value
9.86
Target Price
11.1
Hype Value
9.02
Market Value
9.15
Naive Value
9.32
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Select Energy Services given historical horizon and risk tolerance towards Select Energy. When Macroaxis issues a 'buy' or 'sell' recommendation for Select Energy Services, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Select Energy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as Select and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Select Energy Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Execute Select Energy Buy or Sell Advice

The Select recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Select Energy Services. Macroaxis does not own or have any residual interests in Select Energy Services or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Select Energy's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Select EnergyBuy Select Energy
Hold

Market Performance

OKDetails

Volatility

Somewhat reliableDetails

Hype Condition

Over hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Very SmallDetails

Economic Sensitivity

Almost mirrors the marketDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

StrongDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Select Energy Services has a Risk Adjusted Performance of 0.0788, Jensen Alpha of 0.1734, Total Risk Alpha of (0.25), Sortino Ratio of 0.1084 and Treynor Ratio of 0.2754
We provide advice to complement the current expert consensus on Select Energy. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time. To make sure Select Energy Services is not overpriced, please validate all Select Energy fundamentals, including its revenue, earnings per share, annual yield, as well as the relationship between the total debt and total asset . Given that Select Energy Services has a price to earning of 45.53 X, we advise you to double-check Select Energy Services market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your current risk tolerance and investing horizon.

Select Energy Trading Alerts and Improvement Suggestions

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 76.0% of the company outstanding shares are owned by institutional investors
On 20th of February 2024 Select Energy paid $ 0.06 per share dividend to its current shareholders
Latest headline from news.google.com: SELECT ENERGY SERVICES ANNOUNCES QUARTERLY CASH DIVIDEND OF 0.05 PER SHARE - The Globe and Mail

Select Energy Returns Distribution Density

The distribution of Select Energy's historical returns is an attempt to chart the uncertainty of Select Energy's future price movements. The chart of the probability distribution of Select Energy daily returns describes the distribution of returns around its average expected value. We use Select Energy Services price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Select Energy returns is essential to provide solid investment advice for Select Energy.
Mean Return
0.33
Value At Risk
-2.45
Potential Upside
2.87
Standard Deviation
2.55
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Select Energy historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Select Stock 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 originates 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
Brightlight Capital Management Llc2023-12-31
1.9 M
Webs Creek Capital Management Lp2023-12-31
1.9 M
Geode Capital Management, Llc2023-12-31
1.7 M
Amvescap Plc.2023-12-31
1.2 M
Gendell Jeffrey L2023-12-31
1.1 M
Charles Schwab Investment Management Inc2023-12-31
1.1 M
Royce & Associates, Lp2023-12-31
1.1 M
Jpmorgan Chase & Co2023-12-31
1.1 M
Two Sigma Investments Llc2023-12-31
1.1 M
Blackrock Inc2023-12-31
7.9 M
Dimensional Fund Advisors, Inc.2023-12-31
M
Note, although Select Energy's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Select Energy Cash Flow Accounts

201920202021202220232024 (projected)
Investments(77.4M)(3M)(1.5M)(7.5M)(128.7M)(135.1M)
Change In Cash62.0M89.8M(83.2M)(78.5M)49.8M52.2M
Net Borrowings(45M)(264K)(320K)(8.2M)(9.5M)(9.9M)
Free Cash Flow93.8M84.6M(56.2M)(38.7M)149.5M157.0M
Depreciation120.7M101.7M92.5M115.7M141.1M123.9M
Other Non Cash Items928K281K(20.1M)(14.7M)65.2M68.5M
Dividends Paid60M5M5.2M6.0M(24.9M)(23.7M)
Capital Expenditures110.1M21.2M40.0M71.9M135.9M89.7M
Net Income4.1M(401.7M)(50.1M)54.9M74.4M78.1M
End Period Cash Flow79.3M169.0M85.8M7.3M57.1M58.0M
Change To Netincome38.3M297.5M(14.7M)236K212.4K201.8K
Change To Inventory250K852K239K(737K)(663.3K)(630.1K)
Change Receivables57.9M142.9M(80.1M)(162.3M)(146.0M)(138.7M)

Select Energy Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Select Energy or Energy Equipment & Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Select Energy's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Select stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.17
β
Beta against NYSE Composite1.15
σ
Overall volatility
2.64
Ir
Information ratio 0.08

Select Energy Volatility Alert

Select Energy Services has relatively low volatility with skewness of 3.32 and kurtosis of 19.48. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Select Energy's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Select Energy's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Select Energy Fundamentals Vs Peers

Comparing Select Energy's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Select Energy's direct or indirect competition across all of the common fundamentals between Select Energy and the related equities. This way, we can detect undervalued stocks with similar characteristics as Select Energy or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Select Energy's fundamental indicators could also be used in its relative valuation, which is a method of valuing Select Energy by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Select Energy to competition
FundamentalsSelect EnergyPeer Average
Return On Equity0.0892-0.31
Return On Asset0.0397-0.14
Profit Margin0.05 %(1.27) %
Operating Margin0.03 %(5.51) %
Current Valuation922.58 M16.62 B
Shares Outstanding101.94 M571.82 M
Shares Owned By Insiders9.22 %10.09 %
Shares Owned By Institutions76.44 %39.21 %
Number Of Shares Shorted2.54 M4.71 M
Price To Earning45.53 X28.72 X
Price To Book1.20 X9.51 X
Price To Sales0.68 X11.42 X
Revenue1.59 B9.43 B
Gross Profit274.26 M27.38 B
EBITDA214.93 M3.9 B
Net Income74.4 M570.98 M
Cash And Equivalents25.78 M2.7 B
Cash Per Share0.26 X5.01 X
Total Debt53.55 M5.32 B
Debt To Equity0.09 %48.70 %
Current Ratio2.12 X2.16 X
Book Value Per Share7.56 X1.93 K
Cash Flow From Operations285.36 M971.22 M
Short Ratio1.93 X4.00 X
Earnings Per Share0.72 X3.12 X
Price To Earnings To Growth(3.89) X4.89 X
Target Price11.2
Number Of Employees4.2 K18.84 K
Beta1.66-0.15
Market Capitalization1.08 B19.03 B
Total Asset1.22 B29.47 B
Retained Earnings(236.79 M)9.33 B
Working Capital242.51 M1.48 B
Note: Acquisition by Christina Ibrahim of 17626 shares of Select Energy subject to Rule 16b-3 [view details]

Select Energy Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Select . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Select Energy Buy or Sell Advice

When is the right time to buy or sell Select Energy Services? Buying financial instruments such as Select Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total67.3M80.2M53.5M72.0M
Total Assets950.2M1.2B1.2B1.1B

Use Investing Ideas to Build Portfolios

In addition to having Select Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Aircraft Thematic Idea Now

Aircraft
Aircraft Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Aircraft theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Aircraft Theme or any other thematic opportunities.
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When determining whether Select Energy Services is a strong investment it is important to analyze Select Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Select Energy's future performance. For an informed investment choice regarding Select Stock, refer to the following important reports:
Check out Select Energy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary 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.
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Is Select Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Select Energy. If investors know Select will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Select Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.879
Dividend Share
0.22
Earnings Share
0.72
Revenue Per Share
15.636
Quarterly Revenue Growth
(0.02)
The market value of Select Energy Services is measured differently than its book value, which is the value of Select that is recorded on the company's balance sheet. Investors also form their own opinion of Select Energy's value that differs from its market value or its book value, called intrinsic value, which is Select Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Select Energy's market value can be influenced by many factors that don't directly affect Select Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Select Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Select Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Select Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.