KLX Energy Services Holdings Inc (NASDAQ:KLXE) has been assigned an average broker rating score of 1.00 (Strong Buy) from the three analysts that cover the stock, Zacks Investment Research reports. Three research analysts have rated the stock with a strong buy rating.
Analysts have set a twelve-month consensus price target of $43.17 for the company and are expecting that the company will post $0.08 earnings per share for the current quarter, according to Zacks. Zacks has also given KLX Energy Services an industry rank of 91 out of 255 based on the ratings given to related companies.
Several research firms recently commented on KLXE. ValuEngine upgraded shares of KLX Energy Services from a “strong sell” rating to a “sell” rating in a report on Friday, January 11th. Zacks Investment Research upgraded shares of KLX Energy Services from a “hold” rating to a “buy” rating and set a $31.00 price target for the company in a report on Tuesday, February 5th. Jefferies Financial Group began coverage on shares of KLX Energy Services in a report on Wednesday, April 3rd. They set a “buy” rating for the company. Finally, Piper Jaffray Companies began coverage on shares of KLX Energy Services in a report on Wednesday, December 19th. They set an “overweight” rating for the company.
Shares of KLXE stock traded up $0.30 during trading on Monday, hitting $28.56. 106,065 shares of the company were exchanged, compared to its average volume of 138,228. The company has a debt-to-equity ratio of 0.71, a quick ratio of 3.44 and a current ratio of 3.62. The stock has a market cap of $653.64 million and a P/E ratio of 10.16. KLX Energy Services has a twelve month low of $19.59 and a twelve month high of $36.13.
KLX Energy Services (NASDAQ:KLXE) last posted its quarterly earnings results on Tuesday, March 12th. The company reported $0.55 EPS for the quarter, missing the consensus estimate of $0.61 by ($0.06). The company had revenue of $143.90 million for the quarter, compared to analyst estimates of $160.90 million. Sell-side analysts predict that KLX Energy Services will post 2.5 EPS for the current year.
An institutional investor recently bought a new position in KLX Energy Services stock. State of Alaska Department of Revenue acquired a new stake in shares of KLX Energy Services Holdings Inc (NASDAQ:KLXE) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 7,535 shares of the company’s stock, valued at approximately $189,000. 89.00% of the stock is currently owned by institutional investors and hedge funds.
KLX Energy Services Company Profile
KLX Energy Services Holdings, Inc provides completion, intervention, and production services and products to the onshore oil and gas producing regions of the United States. The company offers technical services, and related tools and equipment to companies engaged in the exploration and development of North American onshore conventional and unconventional oil and natural gas reserves.
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