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.
Select |
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
Hold
Market Performance | OK | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
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 Llc | 2023-12-31 | 1.9 M | Webs Creek Capital Management Lp | 2023-12-31 | 1.9 M | Geode Capital Management, Llc | 2023-12-31 | 1.7 M | Amvescap Plc. | 2023-12-31 | 1.2 M | Gendell Jeffrey L | 2023-12-31 | 1.1 M | Charles Schwab Investment Management Inc | 2023-12-31 | 1.1 M | Royce & Associates, Lp | 2023-12-31 | 1.1 M | Jpmorgan Chase & Co | 2023-12-31 | 1.1 M | Two Sigma Investments Llc | 2023-12-31 | 1.1 M | Blackrock Inc | 2023-12-31 | 7.9 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 6 M |
Select Energy Cash Flow Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Investments | (77.4M) | (3M) | (1.5M) | (7.5M) | (128.7M) | (135.1M) | |
Change In Cash | 62.0M | 89.8M | (83.2M) | (78.5M) | 49.8M | 52.2M | |
Net Borrowings | (45M) | (264K) | (320K) | (8.2M) | (9.5M) | (9.9M) | |
Free Cash Flow | 93.8M | 84.6M | (56.2M) | (38.7M) | 149.5M | 157.0M | |
Depreciation | 120.7M | 101.7M | 92.5M | 115.7M | 141.1M | 123.9M | |
Other Non Cash Items | 928K | 281K | (20.1M) | (14.7M) | 65.2M | 68.5M | |
Dividends Paid | 60M | 5M | 5.2M | 6.0M | (24.9M) | (23.7M) | |
Capital Expenditures | 110.1M | 21.2M | 40.0M | 71.9M | 135.9M | 89.7M | |
Net Income | 4.1M | (401.7M) | (50.1M) | 54.9M | 74.4M | 78.1M | |
End Period Cash Flow | 79.3M | 169.0M | 85.8M | 7.3M | 57.1M | 58.0M | |
Change To Netincome | 38.3M | 297.5M | (14.7M) | 236K | 212.4K | 201.8K | |
Change To Inventory | 250K | 852K | 239K | (737K) | (663.3K) | (630.1K) | |
Change Receivables | 57.9M | 142.9M | (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 Composite | 1.15 | |
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 |
Fundamentals | Select Energy | Peer Average |
Return On Equity | 0.0892 | -0.31 |
Return On Asset | 0.0397 | -0.14 |
Profit Margin | 0.05 % | (1.27) % |
Operating Margin | 0.03 % | (5.51) % |
Current Valuation | 922.58 M | 16.62 B |
Shares Outstanding | 101.94 M | 571.82 M |
Shares Owned By Insiders | 9.22 % | 10.09 % |
Shares Owned By Institutions | 76.44 % | 39.21 % |
Number Of Shares Shorted | 2.54 M | 4.71 M |
Price To Earning | 45.53 X | 28.72 X |
Price To Book | 1.20 X | 9.51 X |
Price To Sales | 0.68 X | 11.42 X |
Revenue | 1.59 B | 9.43 B |
Gross Profit | 274.26 M | 27.38 B |
EBITDA | 214.93 M | 3.9 B |
Net Income | 74.4 M | 570.98 M |
Cash And Equivalents | 25.78 M | 2.7 B |
Cash Per Share | 0.26 X | 5.01 X |
Total Debt | 53.55 M | 5.32 B |
Debt To Equity | 0.09 % | 48.70 % |
Current Ratio | 2.12 X | 2.16 X |
Book Value Per Share | 7.56 X | 1.93 K |
Cash Flow From Operations | 285.36 M | 971.22 M |
Short Ratio | 1.93 X | 4.00 X |
Earnings Per Share | 0.72 X | 3.12 X |
Price To Earnings To Growth | (3.89) X | 4.89 X |
Target Price | 11.2 | |
Number Of Employees | 4.2 K | 18.84 K |
Beta | 1.66 | -0.15 |
Market Capitalization | 1.08 B | 19.03 B |
Total Asset | 1.22 B | 29.47 B |
Retained Earnings | (236.79 M) | 9.33 B |
Working Capital | 242.51 M | 1.48 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 Total | 67.3M | 80.2M | 53.5M | 72.0M | Total Assets | 950.2M | 1.2B | 1.2B | 1.1B |
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
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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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.