Stabilis Solutions (NASDAQ:SLNG) Issues Earnings Results

Stabilis Solutions (NASDAQ:SLNG) released its quarterly earnings results on Tuesday. The company reported ($0.25) EPS for the quarter, missing the consensus estimate of ($0.08) by ($0.17), FiscalAI reports. The business had revenue of $11.92 million for the quarter, compared to analysts’ expectations of $10.84 million. Stabilis Solutions had a negative net margin of 14.06% and a negative return on equity of 12.00%.

Stabilis Solutions Trading Up 6.6%

Shares of SLNG stock opened at $5.50 on Thursday. Stabilis Solutions has a 12-month low of $3.21 and a 12-month high of $6.36. The company has a current ratio of 0.93, a quick ratio of 0.92 and a debt-to-equity ratio of 0.09. The stock’s 50-day moving average price is $4.44 and its 200-day moving average price is $4.43. The stock has a market capitalization of $102.30 million, a price-to-earnings ratio of -13.10 and a beta of -0.32.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of SLNG. Russell Investments Group Ltd. increased its holdings in shares of Stabilis Solutions by 30.2% in the 4th quarter. Russell Investments Group Ltd. now owns 74,247 shares of the company’s stock worth $338,000 after buying an additional 17,213 shares during the last quarter. Citadel Advisors LLC grew its position in Stabilis Solutions by 37.7% in the third quarter. Citadel Advisors LLC now owns 19,146 shares of the company’s stock worth $83,000 after acquiring an additional 5,238 shares in the last quarter. Ancora Advisors LLC grew its position in Stabilis Solutions by 32.3% in the third quarter. Ancora Advisors LLC now owns 84,849 shares of the company’s stock worth $370,000 after acquiring an additional 20,718 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in Stabilis Solutions by 13.5% during the third quarter. Dimensional Fund Advisors LP now owns 18,523 shares of the company’s stock worth $81,000 after acquiring an additional 2,207 shares during the last quarter. 3.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Stabilis Solutions in a research note on Thursday, June 4th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

About Stabilis Solutions

Stabilis Solutions (NASDAQ: SLNG) is a U.S.-based marketer and distributor of cryogenic liquid products and liquefied natural gas (LNG). The company operates a nationwide network of terminals and bulk delivery assets, supplying industrial gases such as liquid oxygen, nitrogen and argon, as well as specialty products including carbon dioxide and hydrogen. Stabilis Solutions serves a broad array of end markets—from food and beverage processing to environmental applications and power generation—by ensuring a reliable chain of custody from production to point of use.

In addition to its cryogenic gas portfolio, Stabilis Solutions has developed a growing LNG business, providing clean-fuel solutions for heavy-duty transportation and on-site energy needs.