Newpark Resources Stock Forecast, Price & News

Newpark Resources' stock was trading at $1.13 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, NR shares have increased by 50.4% and is now trading at $1.70.
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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.

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Newpark Resources is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Newpark Resources.

Newpark Resources, Inc. (NYSE:NR) announced its quarterly earnings data on Tuesday, November, 3rd. The oil and gas company reported ($0.22) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.17) by $0.05. Newpark Resources had a negative net margin of 14.37% and a negative return on equity of 9.36%.
View Newpark Resources' earnings history.

3 analysts have issued 12-month price targets for Newpark Resources' shares. Their forecasts range from $3.00 to $3.00. On average, they expect Newpark Resources' share price to reach $3.00 in the next year. This suggests a possible upside of 76.5% from the stock's current price.
View analysts' price targets for Newpark Resources.

Newpark Resources saw a increase in short interest in the month of October. As of October 30th, there was short interest totaling 1,940,000 shares, an increase of 45.9% from the October 15th total of 1,330,000 shares. Based on an average daily trading volume, of 1,450,000 shares, the days-to-cover ratio is presently 1.3 days. Currently, 2.2% of the shares of the company are short sold.
View Newpark Resources' Short Interest.

Some companies that are related to Newpark Resources include Schlumberger (SLB), Halliburton (HAL), National Oilwell Varco (NOV), TechnipFMC (FTI), Dril-Quip (DRQ), RPC (RES), Seacor (CKH), Oceaneering International (OII), Helix Energy Solutions Group (HLX), Era Group (ERA), Tidewater (TDW), Oil States International (OIS), Matrix Service (MTRX), Natural Gas Services Group (NGS) and RigNet (RNET).
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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), The Charles Schwab (SCHW), Ritter Pharmaceuticals (RTTR), Zoetis (ZTS), Primo Water (PRMW), Vicor (VICR) and Hudson Technologies (HDSN).

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

Newpark Resources' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.39%), State Street Corp (2.95%), Charles Schwab Investment Management Inc. (1.65%), Royce & Associates LP (0.92%), Assenagon Asset Management S.A. (0.79%) and Arrowstreet Capital Limited Partnership (0.77%). Company insiders that own Newpark Resources stock include Douglas L White, Edward Chipman Earle, Gregg Piontek 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 Assenagon Asset Management S.A., Public Sector Pension Investment Board, WINTON GROUP Ltd, Royce & Associates LP, SG Americas Securities LLC, State Street Corp, and JPMorgan Chase & Co..
View insider buying and selling activity for Newpark Resources.

NR stock was purchased by a variety of institutional investors in the last quarter, including Squarepoint Ops LLC, AQR Capital Management LLC, Acadian Asset Management LLC, Charles Schwab Investment Management Inc., Public Employees Retirement System of Ohio, BlackRock Inc., Arrowstreet Capital Limited Partnership, and Jane Street Group LLC. Company insiders that have bought Newpark Resources stock in the last two years include Edward Chipman Earle, Gregg Piontek, 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 $1.70.

Newpark Resources has a market capitalization of $154.37 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]