Sidoti Csr Cuts Earnings Estimates for KLX Energy Services

KLX Energy Services Holdings, Inc. (NASDAQ:KLXE - Free Report) - Equities researchers at Sidoti Csr decreased their Q2 2026 earnings per share estimates for shares of KLX Energy Services in a report released on Monday, November 4th. Sidoti Csr analyst S. Ferazani now forecasts that the company will post earnings of $0.01 per share for the quarter, down from their previous forecast of $0.02. The consensus estimate for KLX Energy Services' current full-year earnings is ($2.85) per share. Sidoti Csr also issued estimates for KLX Energy Services' Q3 2026 earnings at $0.08 EPS.

KLX Energy Services (NASDAQ:KLXE - Get Free Report) last released its quarterly earnings results on Wednesday, August 7th. The company reported ($0.40) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.72) by $0.32. The business had revenue of $180.20 million during the quarter, compared to the consensus estimate of $179.80 million. KLX Energy Services had a negative return on equity of 244.12% and a negative net margin of 6.45%.

KLXE has been the topic of several other research reports. Piper Sandler cut their price objective on KLX Energy Services from $6.50 to $4.50 and set a "neutral" rating on the stock in a research report on Monday, July 15th. Singular Research upgraded KLX Energy Services to a "strong-buy" rating in a research note on Monday, August 12th.

KLX Energy Services Price Performance

NASDAQ KLXE traded up $0.07 during trading hours on Tuesday, reaching $4.40. The company's stock had a trading volume of 70,255 shares, compared to its average volume of 170,641. The company has a market capitalization of $74.18 million, a price-to-earnings ratio of -1.45 and a beta of 2.00. KLX Energy Services has a 1 year low of $4.18 and a 1 year high of $12.13. The firm's 50-day moving average price is $5.54 and its 200-day moving average price is $5.68. The company has a quick ratio of 1.08, a current ratio of 1.24 and a debt-to-equity ratio of 105.76.

Hedge Funds Weigh In On KLX Energy Services

Several hedge funds have recently bought and sold shares of the company. Clifford Capital Partners LLC increased its holdings in shares of KLX Energy Services by 5.6% in the 1st quarter. Clifford Capital Partners LLC now owns 61,758 shares of the company's stock valued at $478,000 after acquiring an additional 3,295 shares during the last quarter. Susquehanna Fundamental Investments LLC purchased a new position in KLX Energy Services during the first quarter worth $139,000. Vanguard Group Inc. grew its position in shares of KLX Energy Services by 5.2% in the first quarter. Vanguard Group Inc. now owns 717,334 shares of the company's stock valued at $5,552,000 after purchasing an additional 35,189 shares during the period. Gendell Jeffrey L grew its position in shares of KLX Energy Services by 6.4% in the first quarter. Gendell Jeffrey L now owns 1,624,096 shares of the company's stock valued at $12,571,000 after purchasing an additional 97,301 shares during the period. Finally, Paloma Partners Management Co acquired a new position in KLX Energy Services in the first quarter valued at $91,000. Institutional investors and hedge funds own 42.69% of the company's stock.

About KLX Energy Services

KLX Energy Services Holdings, Inc provides drilling, completions, production, and well intervention services and products to the onshore oil and gas producing regions of the United States. The company operates through three segments: Southwest, Rocky Mountains, and Northeast/Mid-Con. It provides directional drilling services; downhole navigational and rental tools businesses and support services, including well planning, site supervision, accommodation rentals, and other drilling rentals; and various technologies, including gamma ray, azimuthal gamma ray, real-time continuous inclination and azimuth, rotary steerable, pressure-while-drilling, mode shifting, stick-slip and destructive dynamics, dynamic sequencing and real-time shock, and vibration modules.