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Currently, the analyst consensus on C&J Energy Services Inc is a Strong Buy with an average price target of $26.63, a 31.4% upside from current levels. In a report issued on November 4, Seaport Global also reiterated a Buy rating on the stock with a $28 price target.
Based on C&J Energy Services Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $10.43 million. In comparison, last year the company had a net profit of $10.48 million.
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C&J Energy Services, Inc. engages in the provision of on-shore well construction, well completions, and well services to the oil and gas industry. It also offers manufacturing, research, and technology services to oil and gas production companies. It operates through the following segments: Completion Services, Well Support Services.