NYSE:NINE Nine Energy Service (NINE) Stock Forecast, Price & News $3.46 -0.04 (-1.14%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$3.32▼$3.5650-Day Range$2.97▼$6.2052-Week Range$2.03▼$17.10Volume476,351 shsAverage Volume1.15 million shsMarket Capitalization$120.12 millionP/E Ratio7.36Dividend YieldN/APrice Target$18.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Nine Energy Service MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside420.2% Upside$18.00 Price TargetShort InterestBearish9.80% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$1.73 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.06) to $0.51 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.32 out of 5 starsOils/Energy Sector120th out of 253 stocksOil & Gas Field Services, Not Elsewhere Classified Industry9th out of 20 stocks 3.5 Analyst's Opinion Consensus RatingNine Energy Service has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.00, Nine Energy Service has a forecasted upside of 420.2% from its current price of $3.46.Amount of Analyst CoverageNine Energy Service has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted9.80% of the float of Nine Energy Service has been sold short.Short Interest Ratio / Days to CoverNine Energy Service has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Nine Energy Service has recently increased by 5.06%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldNine Energy Service does not currently pay a dividend.Dividend GrowthNine Energy Service does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NINE. Previous Next 2.1 News and Social Media Coverage News SentimentNine Energy Service has a news sentiment score of 0.83. 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 0.65 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 1 news article for Nine Energy Service this week, compared to 2 articles on an average week.Search InterestOnly 3 people have searched for NINE on MarketBeat in the last 30 days. This is a decrease of -89% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Nine Energy Service to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Nine Energy Service insiders have sold 17,210.17% more of their company's stock than they have bought. Specifically, they have bought $9,998.00 in company stock and sold $1,730,671.00 in company stock.Percentage Held by InsidersOnly 6.20% of the stock of Nine Energy Service is held by insiders.Percentage Held by Institutions52.61% 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. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Nine Energy Service are expected to grow in the coming year, from ($0.06) to $0.51 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nine Energy Service is 7.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.46.Price to Earnings Ratio vs. SectorThe P/E ratio of Nine Energy Service is 7.36, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 49.48. Previous Next See Top Rated MarketRank™ Stocks Here About Nine Energy Service (NYSE:NINE) StockNine Energy Service, Inc. is an oilfield services business, which engages in the provision of services integral to the completion of unconventional wells. It offers cementing services, completion tools, wireline services, and coiled tubing services. The company was founded on September 26, 2011 and is headquartered in Houston, TX.Read More Receive NINE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Nine Energy Service and its competitors with MarketBeat's FREE daily newsletter. Email Address NINE Stock News HeadlinesMay 25, 2023 | americanbankingnews.comComparing Nine Energy Service (NYSE:NINE) & Aris Water Solutions (NASDAQ:ARIS)May 14, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for Nine Energy Service, Inc. (NYSE:NINE) Decreased by AnalystJune 10, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.May 11, 2023 | msn.comEF Hutton Maintains Nine Energy Service (NINE) Buy RecommendationMay 10, 2023 | finance.yahoo.comNine Energy Service First Quarter 2023 Earnings: EPS Misses ExpectationsMay 10, 2023 | finance.yahoo.comQ1 2023 Nine Energy Service Inc Earnings CallMay 10, 2023 | marketwatch.com10-Q: NINE ENERGY SERVICE, INC.May 8, 2023 | msn.comNine Energy Service GAAP EPS of -$0.19 misses by $0.27, revenue of $163.4M beats by $1.3MJune 10, 2023 | Behind the Markets (Ad)How A.I. Could Make Most 21st Century Diseases EXTINCTOn December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...May 8, 2023 | finance.yahoo.comNine Energy Service Announces First Quarter 2023 ResultsMay 7, 2023 | americanbankingnews.comNine Energy Service, Inc. (NYSE:NINE) Insider David Crombie Sells 10,827 SharesMay 5, 2023 | msn.comPreview: Nine Energy Service's EarningsMay 5, 2023 | marketwatch.comCompletion Equipment & Services Market Analysis by Top Companies and Forecast 2031May 4, 2023 | finance.yahoo.comNew Fortress Energy (NFE) Misses Q1 Earnings and Revenue EstimatesMay 2, 2023 | finance.yahoo.comSelect Energy Services (WTTR) Lags Q1 Earnings EstimatesMay 2, 2023 | americanbankingnews.comNine Energy Service (NINE) Set to Announce Quarterly Earnings on TuesdayApril 29, 2023 | americanbankingnews.comNine Energy Service, Inc. (NYSE:NINE) Major Shareholder Warren Lynn Frazier Sells 215,772 SharesApril 24, 2023 | markets.businessinsider.comTop 5 Energy Stocks That Could Blast Off In AprilApril 19, 2023 | finance.yahoo.comNine Energy Service Announces Timing of First Quarter 2023 Earnings Release and Conference CallApril 17, 2023 | finance.yahoo.comInvestors Holding Back On Nine Energy Service, Inc. (NYSE:NINE)March 15, 2023 | finance.yahoo.comDo Options Traders Know Something About Nine Energy Service (NINE) Stock We Don't?March 10, 2023 | msn.comNine Energy Service's Return On Capital Employed OverviewMarch 9, 2023 | finance.yahoo.comQ4 2022 Nine Energy Service Inc Earnings CallMarch 7, 2023 | finance.yahoo.comNine Energy Service Announces Fourth Quarter and Full Year 2022 ResultsMarch 1, 2023 | finance.yahoo.comNine Energy Service (NINE) Earnings Expected to Grow: Should You Buy?March 1, 2023 | finance.yahoo.comSmart Sand (SND) Q4 Earnings and Revenues Surpass EstimatesMarch 1, 2023 | finance.yahoo.comNine Energy Service (NINE) Dips More Than Broader Markets: What You Should KnowSee More Headlines NINE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NINE Company Calendar Last Earnings5/08/2023Today6/09/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Oil & gas field services, not elsewhere classified Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:NINE CUSIPN/A CIK1532286 Webnineenergyservice.com Phone(281) 730-5100Fax281-605-1318Employees1,212Year FoundedN/APrice Target and Rating Average Stock Price Forecast$18.00 High Stock Price Forecast$18.00 Low Stock Price Forecast$18.00 Forecasted Upside/Downside+424.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.47 Trailing P/E Ratio7.30 Forward P/E RatioN/A P/E GrowthN/ANet Income$14.39 million Net Margins2.37% Pretax Margin2.58% Return on Equity-71.24% Return on Assets4.87% Debt Debt-to-Equity RatioN/A Current Ratio2.69 Quick Ratio1.77 Sales & Book Value Annual Sales$639.86 million Price / Sales0.19 Cash Flow$1.85 per share Price / Cash Flow1.85 Book Value($0.71) per share Price / Book-4.83Miscellaneous Outstanding Shares34,717,000Free Float32,565,000Market Cap$119.08 million OptionableOptionable Beta3.33 Key ExecutivesAnn G. FoxPresident, CEO, Secretary & DirectorDavid CrombieChief Operating Officer & Executive Vice PresidentGuy SirkesChief Financial Officer & Senior Vice PresidentClair HolleyChief Technology OfficerTheodore R. MooreSenior Vice President & General CounselKey CompetitorsNatural Gas Services GroupNYSE:NGSKLX Energy ServicesNASDAQ:KLXENCS MultistageNASDAQ:NCSMRanger Energy ServicesNYSE:RNGREpsilon EnergyNASDAQ:EPSNView All CompetitorsInsiders & InstitutionsJPMorgan Chase & Co.Bought 8,000 shares on 5/18/2023Ownership: 0.000%Geode Capital Management LLCSold 4,544 shares on 5/16/2023Ownership: 0.314%Jane Street Group LLCBought 36,400 shares on 5/16/2023Ownership: 0.000%Susquehanna Fundamental Investments LLCSold 73,146 shares on 5/16/2023Ownership: 0.210%Susquehanna International Group LLPSold 13,800 shares on 5/16/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions NINE Stock - Frequently Asked Questions Should I buy or sell Nine Energy Service stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nine Energy Service in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NINE shares. View NINE analyst ratings or view top-rated stocks. What is Nine Energy Service's stock price forecast for 2023? 1 brokerages have issued 1-year target prices for Nine Energy Service's stock. Their NINE share price forecasts range from $18.00 to $18.00. On average, they anticipate the company's share price to reach $18.00 in the next year. This suggests a possible upside of 424.8% from the stock's current price. View analysts price targets for NINE or view top-rated stocks among Wall Street analysts. How have NINE shares performed in 2023? Nine Energy Service's stock was trading at $14.53 at the beginning of 2023. Since then, NINE stock has decreased by 76.4% and is now trading at $3.43. View the best growth stocks for 2023 here. When is Nine Energy Service's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our NINE earnings forecast. How were Nine Energy Service's earnings last quarter? Nine Energy Service, Inc. (NYSE:NINE) announced its earnings results on Monday, May, 8th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.08 by $0.11. The business earned $163.41 million during the quarter, compared to the consensus estimate of $162.10 million. Nine Energy Service had a net margin of 2.37% and a negative trailing twelve-month return on equity of 71.24%. 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) raised $150 million in an 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. What is Nine Energy Service's stock symbol? Nine Energy Service trades on the New York Stock Exchange (NYSE) under the ticker symbol "NINE." Who are Nine Energy Service's major shareholders? Nine Energy Service's stock is owned by a variety of institutional and retail investors. Top institutional investors include Gendell Jeffrey L (5.29%), Renaissance Technologies LLC (3.10%), Deutsche Bank AG (1.71%), Dimensional Fund Advisors LP (1.56%), BlackRock Inc. (1.07%) and Mackay Shields LLC (1.03%). Insiders that own company stock include Ann G Fox, Darryl Keith Willis, David Crombie, Guy Sirkes, S Brett Luz, Theodore R Moore and Warren Lynn Frazier. View institutional ownership trends. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Nine Energy Service's stock price today? One share of NINE stock can currently be purchased for approximately $3.43. How much money does Nine Energy Service make? Nine Energy Service (NYSE:NINE) has a market capitalization of $119.08 million and generates $639.86 million in revenue each year. The company earns $14.39 million in net income (profit) each year or $0.47 on an earnings per share basis. How many employees does Nine Energy Service have? The company employs 1,212 workers across the globe. How can I contact Nine Energy Service? Nine Energy Service's mailing address is 2001 Kirby Drive Suite 200, Houston TX, 77019. The official website for the company is nineenergyservice.com. The company can be reached via phone at (281) 730-5100, via email at investors@nineenergyservice.com, or via fax at 281-605-1318. 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