2 weeks Ago By Defense World Staff
Newpark Resources, Inc. ( NYSE:NR – Get Free Report ) has been assigned a consensus recommendation of “Buy” from the five research firms that are currently covering the stock, MarketBeat reports. Five equities research analysts have rated the stock with a buy rating.
The average twelve-month price objective among brokers that have covered the stock in the last year is $11.00. Several brokerages recently issued reports on NR.
HC Wainwright reissued a “buy” rating and set a $12.00 price objective on shares of Newpark Resources in a report on Thursday, September 19th. StockNews.
com cut Newpark Resources from a “buy” rating to a “hold” rating in a research report on Monday, September 23rd. View Our Latest Analysis on Newpark Resources Institutional Investors Weigh In On Newpark Resources Newpark Resources Stock Performance Shares of Newpark Resources stock opened at $6.92 on Friday.
Newpark Resources has a 52 week low of $5.61 and a 52 week high of $8.65.
The company has a market capitalization of $589.60 million, a PE ratio of 38.44 and a beta of 2.
87. The stock’s fifty day moving average is $7.68 and its two-hundred day moving average is $7.
67. The company has a quick ratio of 1.61, a current ratio of 2.
61 and a debt-to-equity ratio of 0.09. Newpark Resources ( NYSE:NR – Get Free Report ) last issued its earnings results on Monday, August 5th.
The oil and gas company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.
04. The business had revenue of $179.01 million for the quarter, compared to analyst estimates of $171.
04 million. Newpark Resources had a net margin of 3.15% and a return on equity of 7.
49%. During the same period last year, the company posted $0.08 earnings per share.
As a group, analysts expect that Newpark Resources will post 0.36 earnings per share for the current year. About Newpark Resources ( Get Free Report 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. Further Reading Five stocks we like better than Newpark Resources How to Know Which Cryptocurrency to Buy: A Guide for Investors CarMax’s Impressive Rally: What Investors Should Watch Next How to Calculate Return on Investment (ROI) MarketBeat Week in Review – 9/23 – 9/27 Differences Between Momentum Investing and Long Term Investing Wake Up to This Biotech Stock That Still Has Big Potential Upside Receive News & Ratings for Newpark Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newpark Resources and related companies with MarketBeat.
com's FREE daily email newsletter ..
