Should I buy or sell Nine Energy Service stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nine Energy Service in the last twelve months. There are currently 1 sell rating for the stock. The consensus among Wall Street analysts is that investors should "sell" NINE shares. View NINE analyst ratings or view top-rated stocks .

How have NINE shares performed in 2024?

Nine Energy Service's stock was trading at $2.68 at the beginning of 2024. Since then, NINE shares have decreased by 5.2% and is now trading at $2.54. View the best growth stocks for 2024 here .

Are investors shorting Nine Energy Service?

Nine Energy Service saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 3,840,000 shares, an increase of 34.3% from the March 15th total of 2,860,000 shares. Based on an average trading volume of 643,300 shares, the days-to-cover ratio is presently 6.0 days. Currently, 13.3% of the company's shares are sold short. View Nine Energy Service's Short Interest .

When is Nine Energy Service's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024. View our NINE earnings forecast .

How can I listen to Nine Energy Service's earnings call?

Nine Energy Service will be holding an earnings conference call on Tuesday, May 7th 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 "13739259".

How were Nine Energy Service's earnings last quarter?

Nine Energy Service, Inc. (NYSE:NINE) posted its earnings results on Thursday, March, 7th. The company reported ($0.30) earnings per share for the quarter, beating analysts' consensus estimates of ($0.35) by $0.05. The firm had revenue of $144.07 million for the quarter, compared to analyst estimates of $142 million.

What is Ann Fox's approval rating as Nine Energy Service's CEO?

37 employees have rated Nine Energy Service Chief Executive Officer Ann Fox on Glassdoor.com . Ann Fox has an approval rating of 95% among the company's employees. This puts Ann Fox in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Nine Energy Service own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Nine Energy Service investors own include Akorn (AKRXQ) , Akers Biosciences (AKER) , Akebia Therapeutics (AKBA) , Adamis Pharmaceuticals (ADMP) , ADMA Biologics (ADMA) , Acasti Pharma (ACST) , AcelRx Pharmaceuticals (ACRX) , Acorda Therapeutics (ACOR) , Aurora Cannabis (ACB) and Ambev (ABEV) .

When did Nine Energy Service IPO?

Nine Energy Service (NINE) raised $150 million in an initial public offering (IPO) on Friday, January 19th 2018. The company issued 7,000,000 shares at $20.00-$23.00 per share. J.P. Morgan, Goldman Sachs, Wells Fargo Securities, BofA Merrill Lynch and Credit Suisse served as the underwriters for the IPO and Raymond James, Simmons & Company International (Energy Specialists of Piper Jaffray), Tudor, Pickering, Holt, HSBC, Scotia Howard Weil and UBS Investment Bank were co-managers.

How do I buy shares of Nine Energy Service?

Shares of NINE 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 .

NYSE:NINE

Nine Energy Service (NINE) Stock Price, News & Analysis

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Free NINE Stock Alerts

$2.54

-0.07 (-2.68%)

(As of 04/18/2024 ET)

Compare

Today's Range: $2.53
▼
$2.67
50-Day Range: $1.98
▼
$2.96
52-Week Range: $1.78
▼
$5.59

Volume: 205,562 shs
Average Volume: 753,484 shs
Market Capitalization: $89.74 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Get Nine Energy Service alerts:

Nine Energy Service MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
13.31% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.43
Based on 6 Articles This Week
Insider Trading: Selling Shares
$470,248 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.78) to ($0.56) 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.

0.15 out of 5 stars

Oils/Energy Sector

235th out of 235 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

18th out of 18 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Nine Energy Service.

1.0

Short Interest

Percentage of Shares Shorted
13.31% of the float of Nine Energy Service has been sold short.
Short Interest Ratio / Days to Cover
Nine Energy Service has a short interest ratio ("days to cover") of 6.
Change versus previous month
Short interest in Nine Energy Service has recently increased by 34.27%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Nine Energy Service does not currently pay a dividend.
Dividend Growth
Nine Energy Service 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 NINE.

2.5

News and Social Media Coverage

News Sentiment
Nine Energy Service has a news sentiment score of 0.43. 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 news sentiment score is similar to the average news sentiment of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Nine Energy Service this week, compared to 2 articles on an average week.
Search Interest
Only 3 people have searched for NINE on MarketBeat in the last 30 days. This is a decrease of -70% compared to the previous 30 days.
MarketBeat Follows
2 people have added Nine Energy Service to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Nine Energy Service insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $470,248.00 in company stock.
Percentage Held by Insiders
Only 6.20% of the stock of Nine Energy Service is held by insiders.
Percentage Held by Institutions
57.61% of the stock of Nine Energy Service is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Nine Energy Service are expected to grow in the coming year, from ($0.78) to ($0.56) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Nine Energy Service is -2.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Nine Energy Service is -2.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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About Nine Energy Service Stock (NYSE:NINE)

Nine Energy Service, Inc. operates as an onshore completion services provider that targets unconventional oil and gas resource development in North American basins and internationally. It offers cementing services, including blending high-grade cement and water with various solid and liquid additives to create a cement slurry that is pumped between the casing and the wellbore of the well. The company also provides open hole and cemented completion tool products, such as liner hangers and accessories, fracture isolation packers, frac sleeves, stage one prep tools, casing flotation tools, specialty open hole float equipment, disk subs, composite cement retainers, and centralizers that provide pinpoint frac sleeve system technologies. In addition, it offers wireline services consisting of plug-and-perf completions, which is a multistage well completion technique for cased-hole wells that consists of deploying perforating guns and isolation tools to a specified depth; and coiled tubing services, which perform wellbore intervention operations utilizing a continuous steel pipe that is transported to the wellsite wound on a large spool. The company was formerly known as NSC-Tripoint, Inc. and changed its name to Nine Energy Service, Inc. in October 2011. Nine Energy Service, Inc. was incorporated in 2011 and is headquartered in Houston, Texas.

NINE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NINE Stock News Headlines

April 18, 2024 | msn.com

Industry Nine Releases SOLiX M Wheels and Hubs

April 17, 2024 | msn.com

Why the CEO of a $12 billion pet services company still responds to customer emails himself

April 19, 2024 | The Bull Report (Ad)

Healthcare Takes A Big Step Forward With The Help Of AI

The average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.

April 16, 2024 | msn.com

Public service targets: When are targets a useful tool for accountability and when are they counter-productive? - Arena Williams

April 16, 2024 | msn.com

'Snow Farming' Helps Ski Resorts Circumvent Unpredictable Weather

April 16, 2024 | yahoo.com

Former Marine jailed for nine years for bombing abortion clinic

April 10, 2024 | msn.com

Sanjay Singh claims authorities have threatened to stop Kejriwal's meetings

April 10, 2024 | finance.yahoo.com

Private equity firms among Nine Energy Service, Inc.'s (NYSE:NINE) largest shareholders, saw gain in holdings value after stock jumped 23% last week

April 19, 2024 | The Bull Report (Ad)

Healthcare Takes A Big Step Forward With The Help Of AI

The average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.

April 9, 2024 | msn.com

Egypt Records $8.7 Bn Preliminary Surplus in Nine Months

April 9, 2024 | fxstreet.com

Mexican Peso pulls back after release of lower-than-expected inflation data

April 9, 2024 | msn.com

PM Christopher Luxon unveils nine new public service targets by 2030, fronts up to Newstalk ZB

April 8, 2024 | msn.com

PM Christopher Luxon unveils nine new public service targets by 2030 at post-Cabinet press conference

April 8, 2024 | bizjournals.com

A brighter future

April 5, 2024 | businesswire.com

Nine Energy Service Announces Timing of First Quarter 2024 Earnings Release and Conference Call

April 4, 2024 | msn.com

Ukraine aims drones at oil refinery and drone factory in its deepest strike yet inside Russia

April 4, 2024 | marketwatch.com

Eurozone Activity Begins to Recover as Services Drive Growth, PMIs Show

April 4, 2024 | cbsnews.com

United States Postal Service

April 3, 2024 | yahoo.com

Satellite images capture how Russia is shielding its warships in port from threats like Ukraine's exploding drone boats

April 3, 2024 | afr.com

Oil Search director’s comments allegedly cost exec new job

April 2, 2024 | msn.com

Russia-Ukraine war – live: Kyiv says Putin targeted energy facilities in overnight drone attack

April 1, 2024 | msn.com

USDA invests millions in Pennsylvania clean energy projects

March 31, 2024 | msn.com

Putin signs conscription decree calling up 150,000 men for military service

March 31, 2024 | msn.com

Michigan, Boston College complete Frozen Four field at Xcel Energy Center

March 30, 2024 | msn.com

Two male victims found dead with gunshot wounds on Nine Mile Road, prompting homicide investigation by police

March 29, 2024 | msn.com

Nine detained in Tajikistan in relation to Moscow concert hall attack

March 29, 2024 | msn.com

Two people found dead on Nine Mile Road, prompting investigation by police

See More Headlines

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Company Calendar

Last Earnings: 3/07/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/06/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Oil & gas field services, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NYSE:NINE
CUSIP: N/A
CIK: 1532286
Web: nineenergyservice.com
Phone: (281) 730-5100
Fax: 281-605-1318
Employees: 1,157
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($0.96)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-32,210,000.00
Net Margins: -5.28%
Pretax Margin: -5.19%
Return on Equity: N/A
Return on Assets: -6.48%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.22
Quick Ratio: 1.56

Sales & Book Value

Annual Sales: $609.53 million
Price / Sales: 0.15
Cash Flow: $0.91 per share
Price / Cash Flow: 2.78
Book Value: ($1.01) per share
Price / Book: -2.51

Miscellaneous

Outstanding Shares: 35,330,000
Free Float: 33,135,000
Market Cap: $89.74 million
Optionable: Optionable
Beta: 3.41

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Key Executives

Ms. Ann G. Fox (Age 47)
President, CEO & Director
Comp: $2.92M
Mr. Guy Sirkes (Age 38)
Senior VP & CFO
Comp: $1.4M
Mr. David Crombie (Age 50)
Executive VP & COO
Comp: $1.78M
Mr. Theodore R. Moore (Age 46)
Senior VP, General Counsel & Secretary
Comp: $1.38M
Mr. S. Brett Luz
Chief Accounting Officer
Mr. James Clair Holley
Chief Technology Officer
Ms. Heather Schmidt
Vice President of Strategic Development, Investor Relations & Marketing
Mr. Nick Pottmeyer
President of Completion Tools
Mr. Joe Huwel
President of Cementing & Coiled Tubing
Mr. Jeff Hyre
President of Wireline

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

NINE Stock Analysis - Frequently Asked Questions

Should I buy or sell Nine Energy Service stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nine Energy Service in the last twelve months. There are currently 1 sell rating for the stock. The consensus among Wall Street analysts is that investors should "sell" NINE shares.
View NINE analyst ratings or view top-rated stocks.
How have NINE shares performed in 2024?: Nine Energy Service's stock was trading at $2.68 at the beginning of 2024. Since then, NINE shares have decreased by 5.2% and is now trading at $2.54.
View the best growth stocks for 2024 here.
Are investors shorting Nine Energy Service?: Nine Energy Service saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 3,840,000 shares, an increase of 34.3% from the March 15th total of 2,860,000 shares. Based on an average trading volume of 643,300 shares, the days-to-cover ratio is presently 6.0 days. Currently, 13.3% of the company's shares are sold short.
View Nine Energy Service's Short Interest.
When is Nine Energy Service's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our NINE earnings forecast.
How can I listen to Nine Energy Service's earnings call?: Nine Energy Service will be holding an earnings conference call on Tuesday, May 7th 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 "13739259".
How were Nine Energy Service's earnings last quarter?: Nine Energy Service, Inc. (NYSE:NINE) posted its earnings results on Thursday, March, 7th. The company reported ($0.30) earnings per share for the quarter, beating analysts' consensus estimates of ($0.35) by $0.05. The firm had revenue of $144.07 million for the quarter, compared to analyst estimates of $142 million.

What is Ann Fox's approval rating as Nine Energy Service's CEO?: 37 employees have rated Nine Energy Service Chief Executive Officer Ann Fox on Glassdoor.com. Ann Fox has an approval rating of 95% among the company's employees. This puts Ann Fox in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Nine Energy Service own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Nine Energy Service investors own include Akorn (AKRXQ), Akers Biosciences (AKER), Akebia Therapeutics (AKBA), Adamis Pharmaceuticals (ADMP), ADMA Biologics (ADMA), Acasti Pharma (ACST), AcelRx Pharmaceuticals (ACRX), Acorda Therapeutics (ACOR), Aurora Cannabis (ACB) and Ambev (ABEV).
When did Nine Energy Service IPO?: Nine Energy Service (NINE) raised $150 million in an initial public offering (IPO) on Friday, January 19th 2018. The company issued 7,000,000 shares at $20.00-$23.00 per share. J.P. Morgan, Goldman Sachs, Wells Fargo Securities, BofA Merrill Lynch and Credit Suisse served as the underwriters for the IPO and Raymond James, Simmons & Company International (Energy Specialists of Piper Jaffray), Tudor, Pickering, Holt, HSBC, Scotia Howard Weil and UBS Investment Bank were co-managers.
How do I buy shares of Nine Energy Service?: Shares of NINE 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 (NYSE:NINE) was last updated on 4/19/2024 by MarketBeat.com Staff

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