Optimistic Investors Push Energy Services of America Corporation (NASDAQ:ESOA) Shares Up 45% But Growth Is Lacking

Simply Wall St.11-21 18:57

Energy Services of America Corporation (NASDAQ:ESOA) shareholders have had their patience rewarded with a 45% share price jump in the last month. The last month tops off a massive increase of 225% ...

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The last month tops off a massive increase of 225% ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/energy/nasdaq-esoa/energy-services-of-america/news/optimistic-investors-push-energy-services-of-america-corpora\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Optimistic Investors Push Energy Services of America Corporation (NASDAQ:ESOA) Shares Up 45% But Growth Is Lacking</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOptimistic Investors Push Energy Services of America Corporation (NASDAQ:ESOA) Shares Up 45% But Growth Is Lacking\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-21 18:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/us/energy/nasdaq-esoa/energy-services-of-america/news/optimistic-investors-push-energy-services-of-america-corpora><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Energy Services of America Corporation (NASDAQ:ESOA) shareholders have had their patience rewarded with a 45% share price jump in the last month.    The last month tops off a massive increase of 225% ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/energy/nasdaq-esoa/energy-services-of-america/news/optimistic-investors-push-energy-services-of-america-corpora\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TQQQ","symbol_name":"纳指三倍做多ETF","start_time":0,"source_url":"https://simplywall.st/stocks/us/energy/nasdaq-esoa/energy-services-of-america/news/optimistic-investors-push-energy-services-of-america-corpora","article_id":"2485413813","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/1022000-choice2-main-header/1585186558401"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485413813","pubTimestamp":1732186631,"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Energy Services of America Corporation ( NASDAQ:ESOA ) shareholders have had their patience rewarded with a 45% share...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"TQQQ":"纳指三倍做多ETF",".IXIC":"NASDAQ Composite","BK4179":"石油天然气设备与服务","ISBC":"投资者银行","BK4112":"金融交易所和数据","QID":"纳指两倍做空ETF","NDAQ":"纳斯达克OMX交易所","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","BK4585":"ETF&股票定投概念","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","SQQQ":"纳指三倍做空ETF","BK4211":"区域性银行","IE00B64PRP62.GBP":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC","QLD":"纳指两倍做多ETF","PSQ":"纳指反向ETF","IE00B3QW5Z07.USD":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","BK4588":"碎股","ESOA":"Energy Services of America Corp."},"translate_title":"乐观的投资者推动美国能源服务公司（纳斯达克股票代码：ESOA）股价上涨45%，但缺乏增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ESOA":1,"NDAQ":1,".IXIC":1,"ISBC":1,"TQQQ":0.6,"SQQQ":0.6,"QLD":0.6,"QID":0.6,"PSQ":0.6,"NQmain":0.6,"MNQmain":0.6},"content_text":"Energy Services of America Corporation (NASDAQ:ESOA) shareholders have had their patience rewarded with a 45% share price jump in the last month.    The last month tops off a massive increase of 225% in the last year.    Although its price has surged higher, it's still not a stretch to say that Energy Services of America's price-to-sales (or \"P/S\") ratio of 0.7x right now seems quite \"middle-of-the-road\" compared to the Energy Services industry in the United States, where the median P/S ratio is around 0.9x.  However, investors might be overlooking a clear opportunity or potential setback if there is no rational basis for the P/S.      Check out our latest analysis for Energy Services of America NasdaqCM:ESOA Price to Sales Ratio vs Industry November 21st 2024 What Does Energy Services of America's Recent Performance Look Like?  With revenue growth that's superior to most other companies of late, Energy Services of America has been doing relatively well.   One possibility is that the P/S ratio is moderate because investors think this strong revenue performance might be about to tail off.  If the company manages to stay the course, then investors should be rewarded with a share price that matches its revenue figures.      Keen to find out how analysts think Energy Services of America's future stacks up against the industry? In that case, our free report is a great place to start.  Is There Some Revenue Growth Forecasted For Energy Services of America?   There's an inherent assumption that a company should be matching the industry for P/S ratios like Energy Services of America's to be considered reasonable.   Retrospectively, the last year delivered an exceptional 32% gain to the company's top line.   The strong recent performance means it was also able to grow revenue by 176% in total over the last three years.  So we can start by confirming that the company has done a great job of growing revenue over that time.     Looking ahead now, revenue is anticipated to slump, contracting by 1.3% during the coming year according to the only analyst following the company.  That's not great when the rest of the industry is expected to grow by 6.3%.  With this in consideration, we think it doesn't make sense that Energy Services of America's P/S is closely matching its industry peers.  Apparently many investors in the company reject the analyst cohort's pessimism and aren't willing to let go of their stock right now.  There's a good chance these shareholders are setting themselves up for future disappointment if the P/S falls to levels more in line with the negative growth outlook.    What We Can Learn From Energy Services of America's P/S?  Energy Services of America's stock has a lot of momentum behind it lately, which has brought its P/S level with the rest of the industry.      Typically, we'd caution against reading too much into price-to-sales ratios when settling on investment decisions, though it can reveal plenty about what other market participants think about the company.  It appears that Energy Services of America currently trades on a higher than expected P/S for a company whose revenues are forecast to decline.  With this in mind, we don't feel the current P/S is justified as declining revenues are unlikely to support a more positive sentiment for long.  If the poor revenue outlook tells us one thing, it's that these current price levels could be unsustainable.     And what about other risks? Every company has them, and we've spotted   3 warning signs for Energy Services of America   (of which 1 shouldn't be ignored!) you should know about.    Of course, profitable companies with a history of great earnings growth are generally safer bets. So you may wish to see this free collection of other companies that have reasonable P/E ratios and have grown earnings strongly. Valuation is complex, but we're here to simplify it.Discover if Energy Services of America might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. 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