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S&P 500   4,298.86
DOW   33,876.78
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S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
Stock market today: Wall Street drifts higher, marking 4th winning week for S&P 500
Trade Smarter: Discover Hidden Opportunities w/ A.I. (Ad)
3 EV Stocks You Need To Have On Your Watchlist
3 Mid Caps You Haven't Heard Of But Need To Know About
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Even at $2,000+ Per Share, These 3 Stocks Are Deals
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Will NIO Partake In China's Economic Awakening?
Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
Stock market today: Wall Street drifts higher, marking 4th winning week for S&P 500
Trade Smarter: Discover Hidden Opportunities w/ A.I. (Ad)
3 EV Stocks You Need To Have On Your Watchlist
3 Mid Caps You Haven't Heard Of But Need To Know About
Trade Smarter: Discover Hidden Opportunities w/ A.I. (Ad)
Why Turkey's currency is crashing after Erdogan got reelected
Even at $2,000+ Per Share, These 3 Stocks Are Deals
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Will NIO Partake In China's Economic Awakening?
Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
NYSE:NINE

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

$3.46
-0.04 (-1.14%)
(As of 06/9/2023 ET)
Compare
Today's Range
$3.32
$3.56
50-Day Range
$2.97
$6.20
52-Week Range
$2.03
$17.10
Volume
476,351 shs
Average Volume
1.15 million shs
Market Capitalization
$120.12 million
P/E Ratio
7.36
Dividend Yield
N/A
Price Target
$18.00

Nine Energy Service MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
420.2% Upside
$18.00 Price Target
Short Interest
Bearish
9.80% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$1.73 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.06) to $0.51 Per Share

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 stars

Oils/Energy Sector

120th out of 253 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

9th out of 20 stocks


NINE stock logo

About Nine Energy Service (NYSE:NINE) Stock

Nine 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.

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NINE Stock News Headlines

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.
Q1 2023 Nine Energy Service Inc Earnings Call
10-Q: NINE ENERGY SERVICE, INC.
How A.I. Could Make Most 21st Century Diseases EXTINCT
On 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...
Top 5 Energy Stocks That Could Blast Off In April
Q4 2022 Nine Energy Service Inc Earnings Call
See More Headlines

NINE Price History

NINE Company Calendar

Last Earnings
5/08/2023
Today
6/09/2023
Next Earnings (Estimated)
8/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Oil & gas field services, not elsewhere classified
Sub-Industry
N/A
Employees
1,212
Year Founded
N/A

Price 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 Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$14.39 million
Pretax Margin
2.58%

Debt

Sales & Book Value

Annual Sales
$639.86 million
Cash Flow
$1.85 per share
Book Value
($0.71) per share

Miscellaneous

Free Float
32,565,000
Market Cap
$119.08 million
Optionable
Optionable
Beta
3.33

Key Executives

  • Ann G. Fox
    President, CEO, Secretary & Director
  • David CrombieDavid Crombie
    Chief Operating Officer & Executive Vice President
  • Guy Sirkes
    Chief Financial Officer & Senior Vice President
  • Clair Holley
    Chief Technology Officer
  • Theodore R. Moore
    Senior Vice President & General Counsel













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.

This page (NYSE:NINE) was last updated on 6/10/2023 by MarketBeat.com Staff

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