NYSE:NR

Newpark Resources (NR) Stock Price, News & Analysis

$7.30
-0.09 (-1.22%)
(As of 04/22/2024 ET)
Today's Range
$7.22
$7.44
50-Day Range
$6.08
$7.69
52-Week Range
$3.40
$7.84
Volume
371,950 shs
Average Volume
525,464 shs
Market Capitalization
$621.96 million
P/E Ratio
45.63
Dividend Yield
N/A
Price Target
$10.75

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
N/A
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.

3.32 out of 5 stars

Oils/Energy Sector

104th out of 234 stocks

Oil & Gas Field Machinery Industry

6th out of 12 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

Newpark Resources (NYSE:NR) Sets New 1-Year High at $7.84
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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
NR Mar 2024 5.000 put
Craig-Hallum Reaffirms Their Buy Rating on Newpark Resources (NR)
NR Jan 2024 10.000 put
Here’s Why Newpark Resources (NR) Rose in Q3
Newpark Resources Inc NR
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Today
4/22/2024
Next Earnings (Confirmed)
5/02/2024
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
$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

Net Income
$14.52 million
Pretax Margin
3.36%

Debt

Sales & Book Value

Annual Sales
$749.60 million
Cash Flow
$0.69 per share
Book Value
$4.88 per share

Miscellaneous

Free Float
81,112,000
Market Cap
$621.96 million
Optionable
Optionable
Beta
2.75
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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 analysts have issued twelve-month target prices 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 on January 1st, 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 decrease in short interest in March. As of March 31st, there was short interest totaling 656,900 shares, a decrease of 45.3% from the March 15th total of 1,200,000 shares. Based on an average daily volume of 691,200 shares, the days-to-cover ratio is currently 1.0 days. Approximately 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 Thursday, May 2nd 2024.
View our NR earnings forecast
.

How can I listen to Newpark Resources' earnings call?

Newpark Resources will be holding an earnings conference call on Friday, May 3rd at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-220-2665.

How were Newpark Resources' earnings last quarter?

Newpark Resources, Inc. (NYSE:NR) posted its quarterly earnings data on Wednesday, February, 21st. The oil and gas company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 trailing twelve-month return on equity of 6.53% and a net margin of 1.94%.

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 Penbrook Management LLC (0.10%), 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 4/23/2024 by MarketBeat.com Staff

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