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NASDAQ:KLXE

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

$4.97
-0.27 (-5.15%)
(As of 05/23/2024 ET)
Today's Range
$4.91
$5.38
50-Day Range
$4.97
$7.98
52-Week Range
$4.91
$13.42
Volume
220,936 shs
Average Volume
226,896 shs
Market Capitalization
$83.84 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.50

KLX Energy Services MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
30.8% Upside
$6.50 Price Target
Short Interest
Bearish
13.16% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.10mentions of KLX Energy Services in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($3.35) to ($1.80) 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.

0.82 out of 5 stars

Oils/Energy Sector

221st out of 235 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

16th out of 17 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

KLXE KLX Energy Services Holdings, Inc.
KLX Energy Services Holdings Inc (KLXE)
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
5/23/2024
Next Earnings (Estimated)
8/14/2024
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
$6.50
High Stock Price Target
$6.50
Low Stock Price Target
$6.50
Potential Upside/Downside
+30.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$19.20 million
Pretax Margin
-1.14%

Debt

Sales & Book Value

Annual Sales
$888.40 million
Cash Flow
$5.34 per share
Book Value
$1.00 per share

Miscellaneous

Free Float
16,294,000
Market Cap
$83.84 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 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 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 analysts have issued 12-month price objectives for KLX Energy Services' shares. Their KLXE share price targets range from $6.50 to $6.50. On average, they anticipate the company's share price to reach $6.50 in the next year. This suggests a possible upside of 30.8% 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 start of the year. Since then, KLXE stock has decreased by 55.9% and is now trading at $4.97.
View the best growth stocks for 2024 here
.

When is KLX Energy Services' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024.
View our KLXE earnings forecast
.

How were KLX Energy Services' earnings last quarter?

KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) posted its earnings results on Wednesday, March, 6th. The company reported ($0.54) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.20) by $0.34. The company earned $194.20 million during the quarter, compared to analyst estimates of $193.70 million. KLX Energy Services had a negative trailing twelve-month return on equity of 20.39% and a negative net margin of 1.51%.

When did KLX Energy Services' stock split?

KLX Energy Services's stock reverse split before market open 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 second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $180.0 million-$200.0 million, compared to the consensus revenue estimate of $210.8 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).

Who are KLX Energy Services' major shareholders?

KLX Energy Services' stock is owned by a variety of retail and institutional investors. Top institutional investors include Gendell Jeffrey L (9.63%), Vanguard Group Inc. (4.29%), Clifford Capital Partners LLC (0.37%), PEAK6 Investments LLC (0.00%), Susquehanna Fundamental Investments LLC (0.11%) and Virtu Financial LLC (0.09%). Insiders that own company stock include Christopher J Baker, Corbin J Robertson Jr, Corbin J Robertson, Jr, Geoffrey C Stanford, Keefer Mcgovern Lehner and Max Bouthillette.
View institutional ownership trends
.

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 5/24/2024 by MarketBeat.com Staff

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