Energy Services of America Corporation (ESOA)
NASDAQ:ESOA
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Energy Services of America
(NASDAQ:ESOA)
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Rating:59Neutral
Price Target:
$14.00
▼(-1.48% Downside)
Action:ReiteratedDate:03/21/26
The score is driven primarily by fundamentals: strong revenue growth and decent current cash generation are offset by sharply compressed profitability, low ROE, and higher leverage. Technicals are mixed (longer-term trend supported but near-term below the 20-day average), while valuation is reasonable and recent corporate actions modestly improve financial flexibility despite dilution.
Positive Factors
Revenue Growth
Sustained top-line growth to $424.5M (TTM) reflects expanding project scale and market penetration across utility and energy infrastructure. Larger revenue base supports higher fixed-cost absorption, improves bidding leverage on contracts, and underpins longer-term capacity to pursue larger/more profitable projects.
Negative Factors
Compressed Profitability
Very thin margins leave the business exposed to cost inflation, contract mix shifts, and execution overruns. Low operating profitability constrains internal funding for growth, reduces buffer for cyclical downturns, and makes consistent shareholder returns and ROE recovery contingent on margin improvement or higher-margin contract wins.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained top-line growth to $424.5M (TTM) reflects expanding project scale and market penetration across utility and energy infrastructure. Larger revenue base supports higher fixed-cost absorption, improves bidding leverage on contracts, and underpins longer-term capacity to pursue larger/more profitable projects.
Read all positive factors
Energy Services of America (ESOA) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$261.45M
Dividend Yield1.11%
Average Volume (3M)143.09K
Price to Earnings (P/E)12.6
Beta (1Y)0.92
Revenue Growth16.80%
EPS Growth-98.32%
CountryUS
Employees1,396
SectorIndustrials
Sector Strength72
IndustryEngineering & Construction
Share Statistics
EPS (TTM)0.16
Shares Outstanding18,399,038
10 Day Avg. Volume86,776
30 Day Avg. Volume143,087
Financial Highlights & Ratios
PEG Ratio-4.61
Price to Book (P/B)2.91
Price to Sales (P/S)0.42
P/FCF Ratio-77.70
Enterprise Value/Market Cap1.18
Enterprise Value/Revenue0.73
Enterprise Value/Gross Profit7.26
Enterprise Value/Ebitda14.57
Forecast
1Y Price Target
$21.00Price Target Upside47.78% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.62
Revenue Forecast (FY)$419.50M
Energy Services of America Business Overview & Revenue Model
Company Description
Energy Services of America Corporation provides contracting services for utilities and energy related companies in the United States. It constructs, replaces, and repairs interstate and intrastate natural gas pipelines and storage facilities for u...
How the Company Makes Money
ESOA primarily makes money by performing contracted construction and maintenance work for customers in the utility and energy sectors. Revenue is generated when ESOA (through its subsidiaries) is awarded projects—typically by utilities, midstream/...
Energy Services of America Key Performance Indicators (KPIs)
Energy Services of America Financial Statement Overview
Summary
Income Statement
52
Neutral
Balance Sheet
56
Neutral
Cash Flow
64
Positive
| Breakdown | TTM | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 424.47M | 411.00M | 351.88M | 304.10M | 197.59M | 122.47M |
| Gross Profit | 42.51M | 38.78M | 49.95M | 36.81M | 22.37M | 12.92M |
| EBITDA | 21.20M | 17.10M | 44.69M | 20.59M | 13.01M | 4.68M |
| Net Income | 2.23M | 379.71K | 25.11M | 7.40M | 3.75M | -887.52K |
Balance Sheet | ||||||
| Total Assets | 200.99M | 215.21M | 158.25M | 142.51M | 112.63M | 70.17M |
| Cash, Cash Equivalents and Short-Term Investments | 16.68M | 12.24M | 12.93M | 16.43M | 7.43M | 8.23M |
| Total Debt | 63.96M | 74.25M | 36.39M | 48.18M | 42.32M | 27.45M |
| Total Liabilities | 140.39M | 155.97M | 99.55M | 107.92M | 84.39M | 45.52M |
| Stockholders Equity | 60.60M | 59.24M | 58.69M | 34.59M | 28.24M | 24.65M |
Cash Flow | ||||||
| Free Cash Flow | 8.57M | -2.22M | 9.92M | 10.25M | 2.98M | -5.25M |
| Operating Cash Flow | 14.05M | 4.14M | 18.68M | 21.07M | 8.28M | 798.94K |
| Investing Cash Flow | -8.14M | -29.43M | -8.00M | -10.18M | -8.28M | -8.69M |
| Financing Cash Flow | -9.58M | 24.61M | -14.19M | -1.89M | -805.41K | 4.90M |
Energy Services of America Technical Analysis
Positive
14.21
Price Trends
13.11
Positive
10.85
Positive
10.50
Positive
Market Momentum
0.16
Negative
59.82
Neutral
84.42
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ESOA, the sentiment is Positive. The current price of 14.21 is above the 20-day moving average (MA) of 13.45, above the 50-day MA of 13.11, and above the 200-day MA of 10.50, indicating a bullish trend. The MACD of 0.16 indicates Negative momentum. The RSI at 59.82 is Neutral, neither overbought nor oversold. The STOCH value of 84.42 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ESOA.
Energy Services of America Risk Analysis
Energy Services of America disclosed 28 risk factors in its most recent earnings report. Energy Services of America reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Energy Services of America Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
60 Neutral | $527.58M | 44.33 | 4.94% | ― | 16.73% | ― | |
59 Neutral | $261.45M | 12.61 | 3.91% | 1.11% | 16.80% | -98.32% | |
58 Neutral | $343.45M | -92.28 | -13.58% | ― | 17.16% | 24.10% | |
55 Neutral | $461.36M | 158.32 | 1.60% | ― | 7.02% | ― | |
42 Neutral | $55.74M | -521.01 | -68.71% | ― | -9.10% | 21.10% |
* Industrials Sector Average
ESOA
Energy Services of America
14.21
5.57
64.37%
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Energy Services of America Corporate Events
Business Operations and Strategy
Energy Services of America Updates Investor Presentation Materials
Neutral
Mar 23, 2026
On March 23, 2026, Energy Services of America Corporation updated its investor relations slide deck for use in 1×1 investor presentations at the 38th Annual ROTH Conference in Dana Point, California. The refreshed materials, available on the ...
Dividends
Energy Services of America Declares Quarterly Cash Dividend
Positive
Mar 20, 2026
On March 20, 2026, Energy Services of America Corporation declared a quarterly cash dividend of $0.03 per common share. The dividend is payable on April 15, 2026 to shareholders of record as of the close of business on March 31, 2026.The announcem...
Private Placements and Financing
Energy Services Raises Capital Through Overallotment Share Sale
Positive
Feb 24, 2026
On February 24, 2026, Energy Services of America announced that the underwriter of its recent public offering exercised its overallotment option, resulting in the sale of an additional 261,000 shares of common stock at $11.50 per share. After unde...
Business Operations and StrategyRegulatory Filings and Compliance
Energy Services of America Updates Investor Relations Materials
Neutral
Feb 20, 2026
Energy Services of America Corporation, an energy infrastructure services provider, announced that on February 20, 2026, it updated its investor relations slide deck. The updated materials are now available on the company’s website, reflecti...
Executive/Board ChangesShareholder Meetings
Energy Services Shareholders Endorse Leadership and Governance Slate
Positive
Feb 19, 2026
On February 18, 2026, Energy Services of America Corporation held its Annual Meeting of Stockholders, where investors voted on the election of directors and an advisory, non-binding resolution on executive compensation. Stockholders re-elected the...
Business Operations and StrategyPrivate Placements and Financing
Energy Services of America Announces Public Stock Offering
Positive
Feb 19, 2026
On February 18, 2026, Energy Services of America entered into an underwriting agreement with Lake Street Capital Markets to sell 1,740,000 shares of common stock in a registered public offering, with a 30-day option for the underwriter to purchase...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.