Newpark Resources (NR) Stock Price, News & Analysis

Company Overview

Newpark Resources, Inc. provides products, rentals, and services primarily to the oil and natural gas exploration and production (E&P) industry. It operates through two segments, Fluids Systems and Industrial Solutions. The Fluids Systems segment provides drilling, completion, and stimulation fluids products and related technical services to customers primarily in the North America, Europe, the Middle East, and Africa, as well as other countries in the Asia Pacific and Latin America. The Industrial Solutions segment offers composite matting system rentals utilized for temporary worksite access; related site construction and services to customers in various markets, including power transmission, E&P, pipeline, renewable energy, petrochemical, construction, and other industries primarily in the United States and Europe; recyclable composite mats to customers worldwide; and access road construction, site planning and preparation, environmental protection, erosion control, and site restoration services. The company was incorporated in 1932 and is headquartered in The Woodlands, Texas.

Key Stats

• Today's Range: N/A
• 50-Day Range: $6.52 to $8.40
• 52-Week Range: N/A
• Volume: 1.03 million shs
• Average Volume: 669,872 shs
• Market Capitalization: $627.10 million
• P/E Ratio: 27.89
• Dividend Yield: N/A
• Price Target: $11.00
• Consensus Rating: Buy

Newpark Resources Stock Analysis - MarketRank™

Newpark Resources scored higher than 65% of companies evaluated by MarketBeat, and ranked 138th out of 272 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Newpark Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Newpark Resources has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 12.90%

Earnings Growth

Earnings for Newpark Resources are expected to grow by 12.90% in the coming year, from $0.31 to $0.35 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Newpark Resources is 27.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.50.

Price to Earnings Ratio vs. Sector

The P/E ratio of Newpark Resources is 27.89, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.31.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.52% of the float of Newpark Resources has been sold short.

Short Interest Ratio / Days to Cover

Newpark Resources has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Newpark Resources has recently increased by 11.32%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Newpark Resources does not currently pay a dividend.

Dividend Growth

Newpark Resources does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.52% of the float of Newpark Resources has been sold short.

Short Interest Ratio / Days to Cover

Newpark Resources has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Newpark Resources has recently increased by 11.32%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.79

News Sentiment

Newpark Resources has a news sentiment score of 0.79. 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 0.66 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Newpark Resources this week, compared to 3 articles on an average week.

Search Interest

Only 1 people have searched for NR on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Newpark Resources insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 4.80% of the stock of Newpark Resources is held by insiders.

Percentage Held by Institutions

80.81% of the stock of Newpark Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NR Stock Analysis - Frequently Asked Questions

How were Newpark Resources' earnings last quarter?

Newpark Resources, Inc. (NYSE:NR) released its quarterly earnings data on Monday, August, 5th. The oil and gas company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.04. The oil and gas company had revenue of $179.01 million for the quarter, compared to analyst estimates of $171.04 million. Newpark Resources had a negative net margin of 28.47% and a positive trailing twelve-month return on equity of 5.93%.

Who are Newpark Resources' major shareholders?

Top institutional investors of Newpark Resources include ArrowMark Colorado Holdings LLC (3.09%), State Street Corp (2.63%), Royce & Associates LP (2.53%) and Geode Capital Management LLC (2.24%). Insiders that own company stock include Donald Win Young, John C Minge, Claudia Michel Meer and Michael A Lewis.
View institutional ownership trends.

How do I buy shares of Newpark Resources?

Shares of NR 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.

What other stocks do shareholders of Newpark Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Newpark Resources investors own include Humana (HUM), NVIDIA (NVDA), American Water Works (AWK), Broadcom (AVGO), TotalEnergies (TTE), Voyager Therapeutics (VYGR) and Waste Connections (WCN).

Company Calendar

• Last Earnings: 8/05/2024
• Today: 12/23/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Oil & gas field machinery
• Sub-Industry: Oil & Gas Equipment & Services
• Current Symbol: NYSE:NR
• CUSIP: 65171850
• CIK: 71829
• Web: www.newpark.com
• Phone: (833) 465-8678
• Fax: 281-362-6801
• Employees: 1,550
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $11.00
• High Stock Price Target: $12.00
• Low Stock Price Target: $10.00
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.83)
• Trailing P/E Ratio: 27.89
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $14.52 million
• Net Margins: -28.47%
• Pretax Margin: 5.58%
• Return on Equity: 5.93%
• Return on Assets: 4.08%

Debt

• Debt-to-Equity Ratio: 0.02
• Current Ratio: 2.29
• Quick Ratio: 2.00

Sales & Book Value

• Annual Sales: $748.37 million
• Price / Sales: 0.00
• Cash Flow: N/A
• Price / Cash Flow: 11.03
• Book Value: $4.88 per share
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 86,497,000
• Free Float: 82,345,000
• Market Cap: $627.10 million
• Optionable: Optionable
• Beta: 2.92