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: $7.71 to $7.94
• 50-Day Range: $6.52 to $7.77
• 52-Week Range: $5.61 to $8.65
• Volume: 672,583 shs
• Average Volume: 666,211 shs
• Market Capitalization: $685.08 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $11.00
• Consensus Rating: Buy

Newpark Resources Stock Analysis - MarketRank™

Newpark Resources scored higher than 70% of companies evaluated by MarketBeat, and ranked 103rd out of 266 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: 1.3 / 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 -4.33, 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 Newpark Resources is -4.33, 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

Newpark Resources has a P/B Ratio of 2.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.76% 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 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Newpark Resources has recently decreased by 14.38%, indicating that investor sentiment is improving 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

1.76% 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 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Newpark Resources has recently decreased by 14.38%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.41

News Sentiment

Newpark Resources has a news sentiment score of 0.41. 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 lower news sentiment than the 0.75 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 5 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 have NR shares performed this year?

Newpark Resources' stock was trading at $6.64 at the beginning of 2024. Since then, NR shares have increased by 19.3% and is now trading at $7.92.
View the best growth stocks for 2024 here.

How were Newpark Resources' earnings last quarter?

Newpark Resources, Inc. (NYSE:NR) announced its quarterly earnings data on Monday, August, 5th. The oil and gas company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.08 by $0.04. The oil and gas company earned $179.01 million during the quarter, compared to analysts' expectations 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: 11/23/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/19/2025

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
• Potential Upside/Downside: +38.9%
• 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: N/A
• Forward P/E Ratio: 25.55
• 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: $749.60 million
• Price / Sales: 0.91
• Cash Flow: $0.77 per share
• Price / Cash Flow: 10.22
• Book Value: $3.66 per share
• Price / Book: 2.16

Miscellaneous

• Outstanding Shares: 86,500,000
• Free Float: 82,345,000
• Market Cap: $685.08 million
• Optionable: Optionable
• Beta: 2.87