NASDAQ:KLXEKLX Energy Services Stock Price, Forecast & News

KLX Energy Services' stock was trading at $1.26 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, KLXE stock has increased by 31.7% and is now trading at $1.66. View which stocks have been most impacted by Coronavirus.

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

KLX Energy Services is scheduled to release its next quarterly earnings announcement on Wednesday, May 27th 2020. View our earnings forecast for KLX Energy Services.

KLX Energy Services Holdings Inc (NASDAQ:KLXE) posted its quarterly earnings data on Monday, March, 9th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.39) by $0.17. The firm earned $102.40 million during the quarter, compared to analysts' expectations of $114.90 million. KLX Energy Services had a negative net margin of 17.72% and a negative return on equity of 5.98%. The company's quarterly revenue was down 14.2% on a year-over-year basis. View KLX Energy Services' earnings history.

5 brokerages have issued 12-month price objectives 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 1,436.1% from the stock's current price. View analysts' price targets for KLX Energy Services.

News stories about KLXE stock have trended negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. KLX Energy Services earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutKLX Energy Services.

KLX Energy Services saw a decrease in short interest during the month of April. As of April 30th, there was short interest totaling 4,100,000 shares, a decrease of 17.5% from the April 15th total of 4,970,000 shares. Based on an average daily trading volume, of 868,200 shares, the days-to-cover ratio is currently 4.7 days. Currently, 18.9% of the company's shares are short sold. View KLX Energy Services' Current Options Chain.

Some companies that are related to KLX Energy Services include Key Energy Services (KEGX), Natural Gas Services Group (NGS), Superior Energy Services (SPNVD), Mammoth Energy Services (TUSK), Ranger Energy Services (RNGR), Cypress Energy Partners (CELP), FTS International (FTSI), US Well Services (USWS), Quintana Energy Services (QES), NCS Multistage (NCSM), CSI Compressco (CCLP), Superior Energy Services (SPN), Basic Energy Services (BAS), Recon Technology (RCON) and Key Energy Services (KEG). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other KLX Energy Services investors own include Carnival (CCL), Energy Transfer LP Unit (ET), Matinas BioPharma (MTNB), Outlook Therapeutics (OTLK), Exxon Mobil (XOM), American Airlines Group (AAL), Coty (COTY), NovaBay Pharmaceuticals (NBY), NovaBay Pharmaceuticals (NBY) and Royal Caribbean Cruises (RCL).

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

KLX Energy Services' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.18%), Morgan Stanley (3.03%), Paradice Investment Management LLC (2.98%), Paradice Investment Management LLC (2.98%), State Street Corp (2.78%) and Invesco Ltd. (2.20%). Company insiders that own KLX Energy Services stock include Amin J Khoury, Gary J Roberts, Heather Floyd, John T Collins, Presto Peter V Del, Richard Hamermesh, Theodore L Weise and Thomas P Mccaffrey. View institutional ownership trends for KLX Energy Services.

KLXE stock was sold by a variety of institutional investors in the last quarter, including Paradice Investment Management LLC, Paradice Investment Management LLC, Alberta Investment Management Corp, Gabelli Funds LLC, BlackRock Inc., and Teton Advisors Inc.. View insider buying and selling activity for KLX Energy Services.

KLXE stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Otter Creek Advisors LLC, Clear Creek Financial Management LLC, State Street Corp, Gamco Investors INC. ET AL, Invesco Ltd., First Manhattan Co., and Two Sigma Investments LP. Company insiders that have bought KLX Energy Services stock in the last two years include Amin J Khoury, Gary J Roberts, Heather Floyd, John T Collins, Presto Peter V Del, Richard Hamermesh, Theodore L Weise, and Thomas P Mccaffrey. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of KLXE stock can currently be purchased for approximately $1.66.

KLX Energy Services has a market capitalization of $41.07 million and generates $544 million in revenue each year. The company earns $-96,400,000.00 in net income (profit) each year or ($4.32) on an earnings per share basis. KLX Energy Services employs 1,370 workers across the globe.

The official website for KLX Energy Services is 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 or via email at [email protected]