NASDAQ:KLXE - KLX Energy Services Stock Price, News & Analysis

KLX Energy Services trades on the NASDAQ under the ticker symbol "KLXE."

KLX Energy Services Holdings Inc (NASDAQ:KLXE) posted its quarterly earnings data on Wednesday, May, 22nd. The company reported $0.25 earnings per share for the quarter, beating analysts' consensus estimates of $0.08 by $0.17. The firm had revenue of $145.80 million for the quarter, compared to analyst estimates of $157.40 million. KLX Energy Services had a net margin of 0.68% and a return on equity of 14.25%. KLX Energy Services's revenue for the quarter was up 1457900.0% on a year-over-year basis. View KLX Energy Services' Earnings History.

KLX Energy Services is scheduled to release their next quarterly earnings announcement on Wednesday, August 21st 2019. View Earnings Estimates for KLX Energy Services.

KLX Energy Services will be holding an earnings conference call on Wednesday, August 21st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

KLX Energy Services updated its FY20 earnings guidance on Wednesday, May, 22nd. The company provided earnings per share guidance of ~$4.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.96. The company issued revenue guidance of ~$800 million, compared to the consensus revenue estimate of $754.90 million.

3 equities research analysts have issued 12 month price targets for KLX Energy Services' shares. Their forecasts range from $25.50 to $25.50. On average, they anticipate KLX Energy Services' stock price to reach $25.50 in the next year. This suggests a possible upside of 117.6% from the stock's current price. View Analyst Price Targets for KLX Energy Services.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KLX Energy Services in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for KLX Energy Services.

Headlines about KLXE stock have been trending positive this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. KLX Energy Services earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the next few days. View News Stories for KLX Energy Services.

KLX Energy Services saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 2,231,800 shares, an increase of 8.4% from the June 30th total of 2,059,300 shares. Based on an average daily trading volume, of 158,800 shares, the days-to-cover ratio is currently 14.1 days. Approximately 11.2% of the shares of the stock are short sold. View KLX Energy Services' Current Options Chain.

Some companies that are related to KLX Energy Services include Propetro (PUMP), Helix Energy Solutions Group (HLX), Franks International (FI), Hurricane Energy (HRCXF), Select Energy Services (WTTR), SemGroup (SEMG), National Energy Services Reunited (NESR), C&J Energy Services (CJ), Keane Group (FRAC), FTS International (FTSI), North American Construction Group (NOA), Mammoth Energy Services (TUSK), US Well Services (USWS), CSI Compressco (CCLP) and Natural Gas Services Group (NGS).

Based on aggregate information from My MarketBeat watchlists, some companies that other KLX Energy Services investors own include Alcentra Capital (ABDC), Baidu (BIDU), SINA (SINA), Weibo (WB), Bristol-Myers Squibb (BMY), Foot Locker (FL), Nordstrom (JWN), Kohl's (KSS), L Brands (LB) and New Relic (NEWR).

KLX Energy Services' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.39%), Vanguard Group Inc. (9.22%), Wells Fargo & Company MN (2.33%), Gamco Investors INC. ET AL (1.87%), Investec Asset Management LTD (1.72%) and Northern Trust Corp (1.25%). Company insiders that own KLX Energy Services stock include Gary J Roberts, John T Collins and Theodore L Weise. View Institutional Ownership Trends for KLX Energy Services.

KLXE stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Ancora Advisors LLC, Account Management LLC, Wells Fargo & Company MN, Jane Street Group LLC, Parametric Portfolio Associates LLC, Vanguard Group Inc. and Iridian Asset Management LLC CT. View Insider Buying and Selling for KLX Energy Services.

KLXE stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Nuveen Asset Management LLC, Morgan Stanley, Teton Advisors Inc., Synovus Financial Corp, Eos Focused Equity Management L.P., Northern Trust Corp and Bank of America Corp DE. Company insiders that have bought KLX Energy Services stock in the last two years include Gary J Roberts, John T Collins and Theodore L Weise. View Insider Buying and Selling for KLX Energy Services.

Shares of KLXE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of KLXE stock can currently be purchased for approximately $11.72.

KLX Energy Services has a market capitalization of $271.32 million and generates $495.30 million in revenue each year. The company earns $14.40 million in net income (profit) each year or $2.81 on an earnings per share basis. KLX Energy Services employs 1,400 workers across the globe.View Additional Information About KLX Energy Services.

The official website for KLX Energy Services is http://www.klxenergy.com/.

KLX Energy Services' mailing address is 1300 CORPORATE CENTER WAY, WELLINGTON FL, 33414. The company can be reached via phone at 561-383-5100.