NASDAQ:NESR - National Energy Services Reunited Stock Price, Forecast & News

National Energy Services Reunited's stock was trading at $6.51 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, NESR stock has decreased by 33.9% and is now trading at $4.30. View which stocks have been mosted impacted by Coronavirus.

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

National Energy Services Reunited is scheduled to release its next quarterly earnings announcement on Monday, May 11th 2020. View our earnings forecast for National Energy Services Reunited.

National Energy Services Reunited Corp (NASDAQ:NESR) issued its quarterly earnings results on Wednesday, February, 26th. The company reported $0.21 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.21. The business earned $185.18 million during the quarter, compared to analysts' expectations of $185.76 million. National Energy Services Reunited had a net margin of 5.98% and a return on equity of 7.42%. View National Energy Services Reunited's earnings history.

3 brokerages have issued 12-month target prices for National Energy Services Reunited's shares. Their forecasts range from $13.50 to $18.00. On average, they expect National Energy Services Reunited's share price to reach $16.17 in the next twelve months. This suggests a possible upside of 276.0% from the stock's current price. View analysts' price targets for National Energy Services Reunited.

Press coverage about NESR stock has been trending very negative on Saturday, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. National Energy Services Reunited earned a news sentiment score of -3.8 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutNational Energy Services Reunited.

National Energy Services Reunited saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 2,422,200 shares, an increase of 11.6% from the February 27th total of 2,170,000 shares. Based on an average trading volume of 364,700 shares, the short-interest ratio is presently 6.6 days. Approximately 5.7% of the shares of the company are sold short. View National Energy Services Reunited's Current Options Chain.

Some companies that are related to National Energy Services Reunited include Subsea 7 (SUBCY), SemGroup (SEMG), Franks International (FI), Core Laboratories (CLB), RPC (RES), Oceaneering International (OII), Select Energy Services (WTTR), Liberty Oilfield Services (LBRT), Hurricane Energy (HRCXF), Helix Energy Solutions Group (HLX), NexTier Oilfield Solutions (NEX), Propetro (PUMP), North American Construction Group (NOA), Keane Group (FRAC) and Natural Gas Services Group (NGS).

Based on aggregate information from My MarketBeat watchlists, some companies that other National Energy Services Reunited investors own include RealReal (REAL), SVMK (SVMK), Chewy (CHWY), Main Street Capital (MAIN), Uber Technologies (UBER), Alliance Resource Partners (ARLP), Century Aluminum (CENX), Pattern Energy Group (PEGI), Primo Water (PRMW) and Peloton (PTON).

National Energy Services Reunited trades on the NASDAQ under the ticker symbol "NESR."

National Energy Services Reunited's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include SCF Partners Inc. (7.47%), Russell Investments Group Ltd. (3.80%), FMR LLC (1.09%), Boston Partners (0.60%), Crystal Rock Capital Management (0.58%) and Western Standard LLC (0.54%). View institutional ownership trends for National Energy Services Reunited.

NESR stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, New York State Common Retirement Fund, Alliancebernstein L.P., Tower Research Capital LLC TRC, Victory Capital Management Inc., and Victory Capital Management Inc.. View insider buying and selling activity for National Energy Services Reunited.

NESR stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., SCF Partners Inc., Boston Partners, Barrow Hanley Mewhinney & Strauss LLC, Western Standard LLC, Crystal Rock Capital Management, State Street Corp, and Creative Planning. View insider buying and selling activity for National Energy Services Reunited.

Shares of NESR 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 NESR stock can currently be purchased for approximately $4.30.

National Energy Services Reunited has a market capitalization of $374.92 million and generates $658.39 million in revenue each year. The company earns $39.36 million in net income (profit) each year or $0.74 on an earnings per share basis. National Energy Services Reunited employs 4,536 workers across the globe. View additional information about National Energy Services Reunited.

The official website for National Energy Services Reunited is http://www.nesr.com/.

National Energy Services Reunited's mailing address is 777 Post Oak Blvd. Suite 730, Houston TX, 77056. The company can be reached via phone at 832-925-3777 or via email at [email protected]