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NYSE:NR

Newpark Resources (NR) Stock Price, News & Analysis

$7.63
-0.13 (-1.68%)
(As of 12:03 PM ET)
Today's Range
$7.60
$7.85
50-Day Range
$6.93
$7.99
52-Week Range
$3.40
$8.02
Volume
121,975 shs
Average Volume
635,162 shs
Market Capitalization
$650.08 million
P/E Ratio
42.39
Dividend Yield
N/A
Price Target
$11.00

Newpark Resources MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
43.2% Upside
$11.00 Price Target
Short Interest
Healthy
1.23% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.95mentions of Newpark Resources in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
20.00%
From $0.35 to $0.42 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.

3.79 out of 5 stars

Oils/Energy Sector

69th out of 243 stocks

Oil & Gas Field Machinery Industry

5th out of 13 stocks

NR stock logo

About Newpark Resources Stock (NYSE:NR)

Newpark Resources, Inc. provides products, rentals, and services primarily to the oil and natural gas exploration and production (E&P) industry. It operates through two segments, Fluids Systems and Industrial Solutions. The Fluids Systems segment provides drilling, completion, and stimulation fluids products and related technical services to customers primarily in the North America, Europe, the Middle East, and Africa, as well as other countries in the Asia Pacific and Latin America. The Industrial Solutions segment offers composite matting system rentals utilized for temporary worksite access; related site construction and services to customers in various markets, including power transmission, E&P, pipeline, renewable energy, petrochemical, construction, and other industries primarily in the United States and Europe; recyclable composite mats to customers worldwide; and access road construction, site planning and preparation, environmental protection, erosion control, and site restoration services. The company was incorporated in 1932 and is headquartered in The Woodlands, Texas.

NR Stock Price History

NR Stock News Headlines

What Analysts Are Saying About Newpark Resources Stock
Q1 2024 Newpark Resources Inc Earnings Call
Look for Newpark Resources to Have a Major Upside Breakout
Craig-Hallum Keeps Their Buy Rating on Newpark Resources (NR)
Q4 2023 Newpark Resources Inc Earnings Call
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
5/23/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Oil & gas field machinery
Sub-Industry
Oil & Gas Equipment & Services
CUSIP
65171850
Employees
1,550
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$11.00
High Stock Price Target
$12.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+41.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$14.52 million
Pretax Margin
3.84%

Debt

Sales & Book Value

Annual Sales
$749.60 million
Cash Flow
$0.68 per share
Book Value
$4.95 per share

Miscellaneous

Free Float
81,112,000
Market Cap
$662.00 million
Optionable
Optionable
Beta
2.78
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NR Stock Analysis - Frequently Asked Questions

Should I buy or sell Newpark Resources stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Newpark Resources in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NR shares.
View NR analyst ratings
or view top-rated stocks.

What is Newpark Resources' stock price target for 2024?

5 Wall Street analysts have issued 12 month target prices for Newpark Resources' stock. Their NR share price targets range from $10.00 to $12.00. On average, they anticipate the company's share price to reach $11.00 in the next year. This suggests a possible upside of 43.2% from the stock's current price.
View analysts price targets for NR
or view top-rated stocks among Wall Street analysts.

How have NR shares performed in 2024?

Newpark Resources' stock was trading at $6.64 at the beginning of the year. Since then, NR shares have increased by 15.7% and is now trading at $7.68.
View the best growth stocks for 2024 here
.

Are investors shorting Newpark Resources?

Newpark Resources saw a increase in short interest in April. As of April 15th, there was short interest totaling 880,600 shares, an increase of 34.1% from the March 31st total of 656,900 shares. Based on an average trading volume of 621,200 shares, the short-interest ratio is currently 1.4 days. Approximately 1.2% of the shares of the stock are short sold.
View Newpark Resources' Short Interest
.

When is Newpark Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our NR earnings forecast
.

How were Newpark Resources' earnings last quarter?

Newpark Resources, Inc. (NYSE:NR) announced its earnings results on Thursday, May, 2nd. The oil and gas company reported $0.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.05 by $0.05. The oil and gas company earned $169.11 million during the quarter, compared to analyst estimates of $170.69 million. Newpark Resources had a net margin of 2.25% and a trailing twelve-month return on equity of 6.67%.

What ETF holds Newpark Resources' stock?

SPDR S&P Oil & Gas Equipment & Services ETF holds 379,511 shares of NR stock, representing 0.94% of its portfolio.

What is Paul L. Howes' approval rating as Newpark Resources' CEO?

22 employees have rated Newpark Resources Chief Executive Officer Paul L. Howes on Glassdoor.com. Paul L. Howes has an approval rating of 79% among the company's employees.

What other stocks do shareholders of Newpark Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Newpark Resources investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Charles Schwab (SCHW), Ritter Pharmaceuticals (RTTR), Zoetis (ZTS), Vicor (VICR) and Hudson Technologies (HDSN).

Who are Newpark Resources' major shareholders?

Newpark Resources' stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.39%), Ancora Advisors LLC (0.76%), Roubaix Capital LLC (0.73%), Russell Investments Group Ltd. (0.61%), Assenagon Asset Management S.A. (0.60%) and Jacobs Levy Equity Management Inc. (0.38%). Insiders that own company stock include Claudia Michel Meer, Donald Win Young, John C Minge, Michael A Lewis and Paul L Howes.
View institutional ownership trends
.

How do I buy shares of Newpark Resources?

Shares of NR 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:NR) was last updated on 5/23/2024 by MarketBeat.com Staff

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