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 1-year price targets for Newpark Resources' shares. Their NR share price targets range from $10.00 to $12.00. On average, they expect the company's share price to reach $10.75 in the next year. This suggests a possible upside of 47.3% 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 2024. Since then, NR shares have increased by 9.9% and is now trading at $7.30. View the best growth stocks for 2024 here .

Are investors shorting Newpark Resources?

Newpark Resources saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 656,900 shares, a decline of 45.3% from the March 15th total of 1,200,000 shares. Based on an average daily trading volume, of 691,200 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.9% of the company's shares 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, May 7th 2024. View our NR earnings forecast .

How were Newpark Resources' earnings last quarter?

Newpark Resources, Inc. (NYSE:NR) announced its earnings results on Wednesday, February, 21st. The oil and gas company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.07 by $0.03. The oil and gas company had revenue of $167.82 million for the quarter, compared to analyst estimates of $170.87 million. Newpark Resources had a net margin of 1.94% and a trailing twelve-month return on equity of 6.53%.

What ETF holds Newpark Resources' stock?

SPDR S&P Oil & Gas Equipment & Services ETF holds 402,746 shares of NR stock, representing 0.93% 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 many different institutional and retail investors. Top institutional shareholders include Counterpoint Mutual Funds LLC (0.05%), First Bank & Trust (0.02%), Fortitude Family Office LLC (0.01%) and CWM LLC (0.01%). 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 .

NYSE:NR

Newpark Resources (NR) Stock Price, News & Analysis

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Free NR Stock Alerts

$7.30

-0.15 (-2.01%)

(As of 04/17/2024 ET)

Compare

Today's Range: $7.24
▼
$7.49
50-Day Range: $6.08
▼
$7.69
52-Week Range: $3.40
▼
$7.84

Volume: 507,234 shs
Average Volume: 679,442 shs
Market Capitalization: $621.97 million

P/E Ratio: 45.63
Dividend Yield: N/A
Price Target: $10.75

Get Newpark Resources alerts:

Newpark Resources MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 47.3% Upside
$10.75 Price Target
Short Interest: Healthy
0.88% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.96
Based on 12 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 36.67%
From $0.30 to $0.41 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.

3.88 out of 5 stars

Oils/Energy Sector

63rd out of 231 stocks

Oil & Gas Field Machinery Industry

6th out of 13 stocks

3.5

Analyst's Opinion

Consensus Rating
Newpark Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Newpark Resources has only been the subject of 3 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.88% of the float of Newpark Resources has been sold short.
Short Interest Ratio / Days to Cover
Newpark Resources has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Newpark Resources has recently decreased by 45.26%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Newpark Resources does not currently pay a dividend.
Dividend Growth
Newpark Resources does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NR.

2.8

News and Social Media Coverage

News Sentiment
Newpark Resources has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for Newpark Resources this week, compared to 1 article on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Newpark Resources insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.80% of the stock of Newpark Resources is held by insiders.
Percentage Held by Institutions
80.81% of the stock of Newpark Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Newpark Resources are expected to grow by 36.67% in the coming year, from $0.30 to $0.41 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Newpark Resources is 45.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.03.
Price to Earnings Ratio vs. Sector
The P/E ratio of Newpark Resources is 45.63, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 19.60.
Price to Book Value per Share Ratio
Newpark Resources has a P/B Ratio of 1.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

NR Stock News Headlines

April 14, 2024 | americanbankingnews.com

Newpark Resources (NYSE:NR) Sets New 1-Year High at $7.84

April 13, 2024 | americanbankingnews.com

Brokers Offer Predictions for Newpark Resources, Inc.'s Q1 2024 Earnings (NYSE:NR)

April 17, 2024 | Paradigm Press (Ad)

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Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.

April 11, 2024 | uk.investing.com

B.Riley bullish on Newpark Resources stock, highlights potential for growth

April 11, 2024 | finance.yahoo.com

Calculating The Fair Value Of Newpark Resources, Inc. (NYSE:NR)

April 11, 2024 | americanbankingnews.com

Newpark Resources, Inc. (NYSE:NR) Short Interest Down 45.3% in March

April 11, 2024 | americanbankingnews.com

Newpark Resources, Inc. (NYSE:NR) Short Interest Update

April 10, 2024 | americanbankingnews.com

Newpark Resources (NYSE:NR) Receives New Coverage from Analysts at B. Riley

April 17, 2024 | Paradigm Press (Ad)

AI “wealth window” is closing soon!

Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.

April 9, 2024 | msn.com

Newpark Resources a new Buy at B Riley as platform for attractive growth

April 7, 2024 | americanbankingnews.com

Newpark Resources, Inc. (NYSE:NR) Receives Average Rating of "Buy" from Analysts

March 22, 2024 | finance.yahoo.com

Newpark Resources' (NYSE:NR) investors will be pleased with their strong 141% return over the last three years

March 20, 2024 | seekingalpha.com

Newpark Resources: Anticipation, The Shot Clock Is Winding Down On Fluids Business

March 8, 2024 | realmoney.thestreet.com

Look for Newpark Resources to Have a Major Upside Breakout

March 6, 2024 | markets.businessinsider.com

Craig-Hallum Keeps Their Buy Rating on Newpark Resources (NR)

March 4, 2024 | finance.yahoo.com

Newpark REIT's (JSE:NRL) investors will be pleased with their respectable 38% return over the last five years

February 23, 2024 | markets.businessinsider.com

Newpark Resources Positioned for Growth: Analyst Maintains Buy Rating Amid Strategic Moves and Strong Financials

February 23, 2024 | finance.yahoo.com

Newpark Resources Full Year 2023 Earnings: EPS Misses Expectations

February 23, 2024 | finance.yahoo.com

Newpark Resources, Inc. (NYSE:NR) Q4 2023 Earnings Call Transcript

February 23, 2024 | finance.yahoo.com

Q4 2023 Newpark Resources Inc Earnings Call

February 21, 2024 | msn.com

Newpark Resources GAAP EPS of -$0.01 misses by $0.08, revenue of $167.8M misses by $3.33M

February 21, 2024 | prnewswire.com

NEWPARK RESOURCES REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS

February 17, 2024 | finance.yahoo.com

NR Mar 2024 5.000 put

February 9, 2024 | markets.businessinsider.com

Craig-Hallum Reaffirms Their Buy Rating on Newpark Resources (NR)

February 1, 2024 | finance.yahoo.com

NEWPARK RESOURCES ANNOUNCES FOURTH QUARTER AND FULL-YEAR 2023 RESULTS CONFERENCE CALL AND WEBCAST DATE

December 17, 2023 | ca.finance.yahoo.com

NR Jan 2024 10.000 put

December 16, 2023 | finance.yahoo.com

Here’s Why Newpark Resources (NR) Rose in Q3

See More Headlines

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Company Calendar

Last Earnings: 2/21/2024
Today: 4/17/2024
Next Earnings (Estimated): 5/07/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Oil & gas field machinery
Sub-Industry: Oil & Gas Equipment & Services
Current Symbol: NYSE:NR
CUSIP: 65171850
CIK: 71829
Web: www.newpark.com
Phone: (833) 465-8678
Fax: 281-362-6801
Employees: 1,550
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $10.75
High Stock Price Target: $12.00
Low Stock Price Target: $10.00
Potential Upside/Downside: +47.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.16
Trailing P/E Ratio: 45.63
Forward P/E Ratio: 24.33
P/E Growth: N/A
Net Income: $14.52 million
Net Margins: 1.94%
Pretax Margin: 3.36%
Return on Equity: 6.53%
Return on Assets: 4.09%

Debt

Debt-to-Equity Ratio: 0.14
Current Ratio: 2.62
Quick Ratio: 1.59

Sales & Book Value

Annual Sales: $749.60 million
Price / Sales: 0.83
Cash Flow: $0.68 per share
Price / Cash Flow: 10.70
Book Value: $4.88 per share
Price / Book: 1.50

Miscellaneous

Outstanding Shares: 85,202,000
Free Float: 81,112,000
Market Cap: $621.97 million
Optionable: Optionable
Beta: 2.75

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Key Executives

Mr. Matthew S. Lanigan (Age 53)
President, CEO & Director
Comp: $1.81M
Mr. Gregg S. Piontek (Age 53)
Senior VP & CFO
Comp: $1.69M

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 1-year price targets for Newpark Resources' shares. Their NR share price targets range from $10.00 to $12.00. On average, they expect the company's share price to reach $10.75 in the next year. This suggests a possible upside of 47.3% 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 2024. Since then, NR shares have increased by 9.9% and is now trading at $7.30.
View the best growth stocks for 2024 here.
Are investors shorting Newpark Resources?: Newpark Resources saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 656,900 shares, a decline of 45.3% from the March 15th total of 1,200,000 shares. Based on an average daily trading volume, of 691,200 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.9% of the company's shares 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, May 7th 2024.
View our NR earnings forecast.
How were Newpark Resources' earnings last quarter?: Newpark Resources, Inc. (NYSE:NR) announced its earnings results on Wednesday, February, 21st. The oil and gas company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.07 by $0.03. The oil and gas company had revenue of $167.82 million for the quarter, compared to analyst estimates of $170.87 million. Newpark Resources had a net margin of 1.94% and a trailing twelve-month return on equity of 6.53%.

What ETF holds Newpark Resources' stock?: SPDR S&P Oil & Gas Equipment & Services ETF holds 402,746 shares of NR stock, representing 0.93% 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 many different institutional and retail investors. Top institutional shareholders include Counterpoint Mutual Funds LLC (0.05%), First Bank & Trust (0.02%), Fortitude Family Office LLC (0.01%) and CWM LLC (0.01%). 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 4/17/2024 by MarketBeat.com Staff

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Newpark Resources (NR) Stock Price, News & Analysis

Newpark Resources MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Newpark Resources Stock (NYSE:NR)

NR Stock Price History

NR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

NR Stock Analysis - Frequently Asked Questions

Overall MarketRank^™