NASDAQ:KLXE

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

$6.88
-0.25 (-3.51%)
(As of 10:04 AM ET)
Today's Range
$6.88
$7.11
50-Day Range
$7.00
$9.57
52-Week Range
$6.87
$13.42
Volume
17,793 shs
Average Volume
174,339 shs
Market Capitalization
$115.08 million
P/E Ratio
5.50
Dividend Yield
N/A
Price Target
$13.00

KLX Energy Services MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
82.3% Upside
$13.00 Price Target
Short Interest
Bearish
10.94% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.46) to $0.94 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.22 out of 5 stars

Oils/Energy Sector

222nd out of 234 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

16th out of 18 stocks

KLXE stock logo

About KLX Energy Services Stock (NASDAQ:KLXE)

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.

KLXE Stock Price History

KLXE Stock News Headlines

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KLX Energy Services Posts Preliminary Q4 Net Loss - Quick Facts
KLX Energy Services Holdings Inc.
KLX Energy Services Holdings, Inc. (KLXE)
See More Headlines
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Company Calendar

Last Earnings
3/06/2024
Today
4/24/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$13.00
High Stock Price Target
$13.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+82.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$19.20 million
Pretax Margin
2.50%

Debt

Sales & Book Value

Annual Sales
$888.40 million
Cash Flow
$6.09 per share
Book Value
$2.36 per share

Miscellaneous

Free Float
15,991,000
Market Cap
$119.28 million
Optionable
Optionable
Beta
2.15
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KLXE Stock Analysis - Frequently Asked Questions

Should I buy or sell KLX Energy Services stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for KLX Energy Services in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" KLXE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KLXE, but not buy additional shares or sell existing shares.
View KLXE analyst ratings
or view top-rated stocks.

What is KLX Energy Services' stock price target for 2024?

1 brokers have issued 12 month price objectives for KLX Energy Services' shares. Their KLXE share price targets range from $13.00 to $13.00. On average, they anticipate the company's share price to reach $13.00 in the next twelve months. This suggests a possible upside of 82.3% from the stock's current price.
View analysts price targets for KLXE
or view top-rated stocks among Wall Street analysts.

How have KLXE shares performed in 2024?

KLX Energy Services' stock was trading at $11.26 at the beginning of 2024. Since then, KLXE shares have decreased by 36.7% and is now trading at $7.13.
View the best growth stocks for 2024 here
.

Are investors shorting KLX Energy Services?

KLX Energy Services saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,830,000 shares, an increase of 18.1% from the March 15th total of 1,550,000 shares. Based on an average trading volume of 176,600 shares, the short-interest ratio is presently 10.4 days.
View KLX Energy Services' Short Interest
.

When is KLX Energy Services' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our KLXE earnings forecast
.

How can I listen to KLX Energy Services' earnings call?

KLX Energy Services will be holding an earnings conference call on Wednesday, May 8th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13745818#".

How were KLX Energy Services' earnings last quarter?

KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) issued its quarterly earnings results on Wednesday, March, 6th. The company reported ($0.54) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.20) by $0.34. The company had revenue of $194.20 million for the quarter, compared to analysts' expectations of $193.70 million. KLX Energy Services had a trailing twelve-month return on equity of 62.68% and a net margin of 2.16%.

When did KLX Energy Services' stock split?

KLX Energy Services's stock reverse split on 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.

What guidance has KLX Energy Services issued on next quarter's earnings?

KLX Energy Services issued an update on its fourth quarter 2023 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $193.2 million-$195.2 million, compared to the consensus revenue estimate of $218.1 million.

What other stocks do shareholders of KLX Energy Services own?

Based on aggregate information from My MarketBeat watchlists, some companies that other KLX Energy Services investors own include Coty (COTY), Carnival Co. & (CCL), Sorrento Therapeutics (SRNE), Marathon Oil (MRO), Outlook Therapeutics (OTLK), Boxlight (BOXL), Callon Petroleum (CPE), Ford Motor (F), Matinas BioPharma (MTNB) and VBI Vaccines (VBIV).

How do I buy shares of KLX Energy Services?

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.

This page (NASDAQ:KLXE) was last updated on 4/25/2024 by MarketBeat.com Staff

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