NYSE:NRNewpark Resources Stock Price, Forecast & News

Newpark Resources' stock was trading at $1.13 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, NR shares have increased by 90.3% and is now trading at $2.15. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Newpark Resources in the last year. There are currently 2 hold ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Newpark Resources.

Newpark Resources is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Newpark Resources.

Newpark Resources Inc (NYSE:NR) issued its earnings results on Tuesday, May, 5th. The oil and gas company reported ($0.11) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by $0.06. The oil and gas company earned $164.55 million during the quarter, compared to analysts' expectations of $171.25 million. Newpark Resources had a negative return on equity of 1.39% and a negative net margin of 3.41%. View Newpark Resources' earnings history.

3 equities research analysts have issued twelve-month price targets for Newpark Resources' shares. Their forecasts range from $3.00 to $3.00. On average, they anticipate Newpark Resources' stock price to reach $3.00 in the next year. This suggests a possible upside of 39.5% from the stock's current price. View analysts' price targets for Newpark Resources.

News coverage about NR stock has trended neutral this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Newpark Resources earned a media sentiment score of 0.5 on InfoTrie's scale. They also assigned media stories about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutNewpark Resources.

Newpark Resources saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 2,280,000 shares, an increase of 21.9% from the April 30th total of 1,870,000 shares. Based on an average trading volume of 1,420,000 shares, the days-to-cover ratio is currently 1.6 days. Approximately 2.6% of the shares of the stock are sold short. View Newpark Resources' Current Options Chain.

Some companies that are related to Newpark Resources include Schlumberger (SLB), Halliburton (HAL), National-Oilwell Varco (NOV), TechnipFMC (FTI), Dril-Quip (DRQ), RPC (RES), Oceaneering International (OII), Seacor (CKH), Helix Energy Solutions Group (HLX), Matrix Service (MTRX), Oil States International (OIS), Tidewater (TDW), Era Group (ERA), Geospace Technologies (GEOS) and Natural Gas Services Group (NGS). View all competitors.

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), Apache (APA), Ritter Pharmaceuticals (RTTR), Charles Schwab (SCHW), Zoetis (ZTS), Hudson Technologies (HDSN), Primo Water (PRMW) and Accenture (ACN).

Newpark Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "NR."

Newpark Resources' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.79%), State Street Corp (3.49%), Victory Capital Management Inc. (2.32%), Victory Capital Management Inc. (2.32%), Russell Investments Group Ltd. (2.18%) and Rockefeller Capital Management L.P. (1.96%). Company insiders that own Newpark Resources stock include Douglas L White, Edward Chipman Earle, Gregg Piontek, John C Minge and Paul L Howes. View institutional ownership trends for Newpark Resources.

NR stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Bank of New York Mellon Corp, Foundry Partners LLC, State Board of Administration of Florida Retirement System, Russell Investments Group Ltd., UBS Group AG, and Tieton Capital Management LLC. View insider buying and selling activity for Newpark Resources.

NR stock was bought by a variety of institutional investors in the last quarter, including Prescott Group Capital Management L.L.C., Dalton Greiner Hartman Maher & Co., Invesco Ltd., Oslo Asset Management AS, Deutsche Bank AG, JPMorgan Chase & Co., WINTON GROUP Ltd, and State Street Corp. Company insiders that have bought Newpark Resources stock in the last two years include Edward Chipman Earle, Gregg Piontek, John C Minge, and Paul L Howes. View insider buying and selling activity for Newpark Resources.

Shares of NR 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 NR stock can currently be purchased for approximately $2.15.

Newpark Resources has a market capitalization of $193.28 million and generates $820.12 million in revenue each year. The oil and gas company earns $-12,950,000.00 in net income (profit) each year or $0.08 on an earnings per share basis. Newpark Resources employs 2,200 workers across the globe.

The official website for Newpark Resources is www.newpark.com.

Newpark Resources' mailing address is 9320 LAKESIDE BOULEVARD SUITE 100, THE WOODLANDS TX, 77381. The oil and gas company can be reached via phone at 281-362-6800 or via email at [email protected]