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KLX Energy Services (KLXE) Stock Price, News & Analysis

KLX Energy Services logo
$5.44 -0.22 (-3.89%)
(As of 11/15/2024 ET)

About KLX Energy Services Stock (NASDAQ:KLXE)

Key Stats

Today's Range
$5.38
$5.87
50-Day Range
$4.24
$6.33
52-Week Range
$4.18
$12.13
Volume
115,612 shs
Average Volume
119,016 shs
Market Capitalization
$91.72 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.50
Consensus Rating
Buy

Company Overview

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. The company also offers coiled tubing and nitrogen services; wireline services, including pump down perforating, logging, and pipe recover; pressure control products and services; wellhead and hydraulic fracturing rental products and services; flowback and testing services; thru-tubing technologies and services; rig assist snubbing services; cementing products and services; acidizing and pressure pumping services; and downhole completion tools, such as toe sleeves, wet shoe cementing bypass subs, composite plugs, dissolvable plugs, liner hangers, stage cementing tools, inflatables, float and casing equipment, and retrievable completion tools. In addition, it provides production services comprising maintenance-related intervention services; production blow out preventers; mechanical wireline services; slick line services; hydro-testing services; premium tubulars; and other specialized production tools. Further, the company provides intervention services consisting of technicians and equipment that are focused on providing customers engineered solutions to downhole complications. KLX Energy Services Holdings, Inc. was incorporated in 2018 and is headquartered in Houston, Texas.

KLX Energy Services Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
17th Percentile Overall Score

KLXE MarketRank™: 

KLX Energy Services scored higher than 17% of companies evaluated by MarketBeat, and ranked 251st out of 265 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    KLX Energy Services has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    KLX Energy Services has received no research coverage in the past 90 days.

  • Read more about KLX Energy Services' stock forecast and price target.
  • Earnings Growth

    Earnings for KLX Energy Services are expected to grow in the coming year, from ($2.79) to ($2.13) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of KLX Energy Services is -1.84, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of KLX Energy Services is -1.84, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    KLX Energy Services has a P/B Ratio of 36.27. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about KLX Energy Services' valuation and earnings.
  • Percentage of Shares Shorted

    8.13% of the outstanding shares of KLX Energy Services have been sold short.
  • Short Interest Ratio / Days to Cover

    KLX Energy Services has a short interest ratio ("days to cover") of 10.7, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in KLX Energy Services has recently decreased by 3.52%, indicating that investor sentiment is improving.
  • Dividend Yield

    KLX Energy Services does not currently pay a dividend.

  • Dividend Growth

    KLX Energy Services does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    8.13% of the outstanding shares of KLX Energy Services have been sold short.
  • Short Interest Ratio / Days to Cover

    KLX Energy Services has a short interest ratio ("days to cover") of 10.7, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in KLX Energy Services has recently decreased by 3.52%, indicating that investor sentiment is improving.
  • News Sentiment

    KLX Energy Services has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for KLX Energy Services this week, compared to 1 article on an average week.
  • Search Interest

    3 people have searched for KLXE on MarketBeat in the last 30 days.
  • MarketBeat Follows

    4 people have added KLX Energy Services to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, KLX Energy Services insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 3.40% of the stock of KLX Energy Services is held by insiders.

  • Percentage Held by Institutions

    42.69% of the stock of KLX Energy Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about KLX Energy Services' insider trading history.
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KLXE Stock News Headlines

Sidoti Csr Lifts Earnings Estimates for KLX Energy Services
Q3 2024 KLX Energy Services Holdings Inc Earnings Call
Has Trump Finally Gone Too Far?
Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.
KLX Energy Services Reports Q3 2024 Results
See More Headlines

KLXE Stock Analysis - Frequently Asked Questions

KLX Energy Services' stock was trading at $11.26 on January 1st, 2024. Since then, KLXE stock has decreased by 51.7% and is now trading at $5.44.
View the best growth stocks for 2024 here
.

KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) released its quarterly earnings results on Thursday, October, 31st. The company reported ($0.40) earnings per share for the quarter, topping the consensus estimate of ($0.48) by $0.08. The firm had revenue of $188.90 million for the quarter, compared to analyst estimates of $181.60 million. KLX Energy Services had a negative net margin of 6.45% and a negative trailing twelve-month return on equity of 244.12%.

Shares of KLX Energy Services reverse split on the morning of Tuesday, July 28th 2020. The 1-5 reverse split was announced on Monday, July 27th 2020. The number of shares owned by shareholders was adjusted after the closing bell on Monday, July 27th 2020. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

KLX Energy Services' top institutional shareholders include Geode Capital Management LLC (0.95%), Clifford Capital Partners LLC (0.47%), PEAK6 Investments LLC (0.18%) and XTX Topco Ltd (0.16%). Insiders that own company stock include Christopher J Baker, Keefer Mcgovern Lehner, Max Bouthillette, Geoffrey C Stanford and Corbin J Robertson Jr.
View institutional ownership trends
.

Shares of KLXE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that KLX Energy Services investors own include Tesla (TSLA), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Meta Platforms (META), Moderna (MRNA), NVIDIA (NVDA) and Exxon Mobil (XOM).

Company Calendar

Last Earnings
10/31/2024
Today
11/17/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
3/05/2025

Industry, Sector and Symbol

Industry
Oil & gas field services, not elsewhere classified
Sub-Industry
Petroleum And Natural Gas
Current Symbol
NASDAQ:KLXE
Fax
N/A
Employees
1,919
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.50
High Stock Price Target
$4.50
Low Stock Price Target
$4.50
Potential Upside/Downside
-17.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$19.20 million
Pretax Margin
-5.99%

Debt

Sales & Book Value

Annual Sales
$888.40 million
Cash Flow
$6.04 per share
Book Value
$0.15 per share

Miscellaneous

Free Float
16,287,000
Market Cap
$91.72 million
Optionable
Optionable
Beta
2.00
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This page (NASDAQ:KLXE) was last updated on 11/17/2024 by MarketBeat.com Staff
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