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 Wall Street research analysts have issued 1 year price targets for KLX Energy Services' stock. 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 year. This suggests a possible upside of 80.3% 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 the year. Since then, KLXE shares have decreased by 36.0% and is now trading at $7.21. View the best growth stocks for 2024 here .

Are investors shorting KLX Energy Services?

KLX Energy Services saw a increase in short interest in 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 daily volume of 176,600 shares, the days-to-cover ratio is currently 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 data on Wednesday, March, 6th. The company reported ($0.54) earnings per share 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 analyst estimates 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 shares 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 market closes 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 updated its fourth quarter 2023 earnings guidance on Tuesday, February, 27th. The company provided 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 .

NASDAQ:KLXE

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

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Free KLXE Stock Alerts

$7.21

+0.21 (+3.00%)

(As of 04/19/2024 ET)

Compare

Today's Range: $6.92
▼
$7.22
50-Day Range: $7.00
▼
$9.57
52-Week Range: $6.91
▼
$13.42

Volume: 184,596 shs
Average Volume: 177,820 shs
Market Capitalization: $120.62 million

P/E Ratio: 5.77
Dividend Yield: N/A
Price Target: $13.00

Get KLX Energy Services alerts:

KLX Energy Services MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 80.3% Upside
$13.00 Price Target
Short Interest: Bearish
10.94% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.98
Based on 2 Articles This Week
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.

1.40 out of 5 stars

Oils/Energy Sector

196th out of 227 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

13th out of 16 stocks

3.0

Analyst's Opinion

Consensus Rating
KLX Energy Services has received a consensus rating of Hold. The company's average rating score is 2.00, 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.

0.0

Short Interest

Percentage of Shares Shorted
10.94% 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 10.4, which indicates bearish sentiment.
Change versus previous month
Short interest in KLX Energy Services has recently increased by 18.06%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

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.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for KLXE.

2.8

News and Social Media Coverage

News Sentiment
KLX Energy Services has a news sentiment score of 0.98. 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 0.53 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for KLX Energy Services this week, compared to 0 articles on an average week.
Search Interest
Only 3 people have searched for KLXE on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added KLX Energy Services to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

0.8

Company Ownership

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.

1.9

Earnings and Valuation

Earnings Growth
Earnings for KLX Energy Services are expected to grow in the coming year, from ($0.46) to $0.94 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of KLX Energy Services is 5.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.47.
Price to Earnings Ratio vs. Sector
The P/E ratio of KLX Energy Services is 5.77, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.94.
Price to Book Value per Share Ratio
KLX Energy Services has a P/B Ratio of 3.06. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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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

30 days | 90 days | 365 days | Advanced Chart

KLXE Stock News Headlines

April 17, 2024 | prnewswire.com

KLX ENERGY SERVICES ANNOUNCES 2024 FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL SCHEDULE

April 16, 2024 | americanbankingnews.com

KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) Short Interest Up 18.1% in March

April 19, 2024 | American Alternative (Ad)

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March 13, 2024 | prnewswire.com

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of KLX Energy Services Holdings, Inc. (NASDAQ: KLXE)

March 10, 2024 | finance.yahoo.com

KLX Energy Services Holdings Full Year 2023 Earnings: EPS Misses Expectations

March 9, 2024 | investing.com

KLX Energy Services Holdings Inc (KLXE)

March 9, 2024 | seekingalpha.com

KLX Energy Services Holdings, Inc. (KLXE) Q4 2023 Earnings Call Transcript

March 6, 2024 | finance.yahoo.com

KLX ENERGY SERVICES HOLDINGS, INC. REPORTS FOURTH QUARTER 2023 RESULTS

April 19, 2024 | American Alternative (Ad)

Your Money is Not Safe

March 6, 2024 | msn.com

KLX Energy Services GAAP EPS of -$0.58 misses by $0.38, revenue of $194M misses by $7.35M

February 26, 2024 | markets.businessinsider.com

KLX Energy Services Posts Preliminary Q4 Net Loss - Quick Facts

February 26, 2024 | prnewswire.com

KLX ENERGY SERVICES HOLDINGS, INC. PROVIDES PRELIMINARY 2023 FULL YEAR AND FOURTH QUARTER RESULTS

February 26, 2024 | prnewswire.com

KLX ENERGY SERVICES HOLDINGS, INC. ANNOUNCES 2023 FULL YEAR AND FOURTH QUARTER EARNINGS RELEASE AND CONFERENCE CALL SCHEDULE

February 23, 2024 | finance.yahoo.com

KLX Energy Services Holdings, Inc. to Participate in the 2024 J.P. Morgan Global High Yield & Leveraged Finance Conference

February 15, 2024 | wsj.com

KLX Energy Services Holdings Inc.

February 1, 2024 | finance.yahoo.com

KLX Energy Services Holdings, Inc. (KLXE)

December 1, 2023 | finance.yahoo.com

KLX Energy Services to Present at Sidoti Small Cap Conference on December 6th

November 29, 2023 | finance.yahoo.com

KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) most popular amongst individual investors who own 40% of the shares, institutions hold 30%

November 9, 2023 | finance.yahoo.com

KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) Q3 2023 Earnings Call Transcript

November 6, 2023 | finance.yahoo.com

KLX ENERGY SERVICES HOLDINGS, INC. REPORTS THIRD QUARTER 2023 RESULTS

November 6, 2023 | finance.yahoo.com

KLX Energy Services Holdings Inc (KLXE) Reports Flat Sequential Margins and Strong Operating ...

October 31, 2023 | msn.com

Ranger Energy (RNGR) Q3 Earnings and Revenues Miss Estimates

October 17, 2023 | finance.yahoo.com

KLX ENERGY SERVICES ANNOUNCES 2023 THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALL SCHEDULE

September 21, 2023 | msn.com

KLX Energy: Corporate Turnaround Into Debt Refinancing

August 31, 2023 | finance.yahoo.com

KLX Energy Services to Participate in the 2023 Barclays CEO Energy-Power Conference

August 17, 2023 | finance.yahoo.com

Despite shrinking by US$30m in the past week, KLX Energy Services Holdings (NASDAQ:KLXE) shareholders are still up 43% over 1 year

August 14, 2023 | markets.businessinsider.com

Piper Sandler Maintains Neutral Rating for KLX Energy Services Hldgs: Here's What You Need To Know

See More Headlines

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Company Calendar

Last Earnings: 3/06/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Oils/Energy
Industry: Oil & gas field services, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NASDAQ:KLXE
CUSIP: N/A
CIK: 1738827
Web: www.klxenergy.com
Phone: (832) 844-1015
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: +82.6%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.25
Trailing P/E Ratio: 5.70
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $19.20 million
Net Margins: 2.16%
Pretax Margin: 2.50%
Return on Equity: 62.68%
Return on Assets: 4.58%

Debt

Debt-to-Equity Ratio: 8.26
Current Ratio: 1.77
Quick Ratio: 1.56

Sales & Book Value

Annual Sales: $888.40 million
Price / Sales: 0.13
Cash Flow: $6.14 per share
Price / Cash Flow: 1.16
Book Value: $2.36 per share
Price / Book: 3.02

Miscellaneous

Outstanding Shares: 16,730,000
Free Float: 16,158,000
Market Cap: $119.12 million
Optionable: Optionable
Beta: 2.15

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Key Executives

Mr. Christopher J. Baker (Age 51)
President, CEO & Director
Comp: $4.07M
Mr. Keefer M. Lehner (Age 38)
Executive VP & CFO
Comp: $2.09M
Mr. Max L. Bouthillette (Age 55)
Executive VP, General Counsel, Chief Compliance Officer & Secretary
Comp: $1.85M
Mr. Geoffrey C. Stanford (Age 56)
Senior VP & Chief Accounting Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 Wall Street research analysts have issued 1 year price targets for KLX Energy Services' stock. 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 year. This suggests a possible upside of 80.3% 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 the year. Since then, KLXE shares have decreased by 36.0% and is now trading at $7.21.
View the best growth stocks for 2024 here.
Are investors shorting KLX Energy Services?: KLX Energy Services saw a increase in short interest in 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 daily volume of 176,600 shares, the days-to-cover ratio is currently 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 data on Wednesday, March, 6th. The company reported ($0.54) earnings per share 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 analyst estimates 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 shares 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 market closes 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 updated its fourth quarter 2023 earnings guidance on Tuesday, February, 27th. The company provided 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 4/19/2024 by MarketBeat.com Staff

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