In last trading session, KLX Energy Services Holdings Inc. (NASDAQ:KLXE) saw 0.15 million shares changing hands with its beta currently measuring 2.27. Company’s recent per share price level of $15.67 trading at -$0.38 or -2.37% at ring of the bell on the day assigns it a market valuation of $195.09M. That closing price of KLXE’s stock is at a discount of -18.89% from its 52-week high price of $18.63 and is indicating a premium of 81.24% from its 52-week low price of $2.94. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.35 million shares which gives us an average trading volume of 302.73K if we extend that period to 3-months.
For KLX Energy Services Holdings Inc. (KLXE), analysts’ consensus is at an average recommendation of an Overweight while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0 in the current quarter.
KLX Energy Services Holdings Inc. (NASDAQ:KLXE) trade information
Upright in the red during last session for losing -2.37%, in the last five days KLXE remained trading in the red while hitting it’s week-highest on Monday, 11/21/22 when the stock touched $15.67 price level, adding 6.22% to its value on the day. KLX Energy Services Holdings Inc.’s shares saw a change of 405.48% in year-to-date performance and have moved -1.07% in past 5-day. KLX Energy Services Holdings Inc. (NASDAQ:KLXE) showed a performance of 14.21% in past 30-days. Number of shares sold short was 1.15 million shares which calculate 4.41 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $27.00 to the stock, which implies a rise of 41.96% to its current value. Analysts have been projecting $19.00 as a low price target for the stock while placing it at a high target of $35.00. It follows that stock’s current price would drop -123.36% in reaching the projected high whereas dropping to the targeted low would mean a loss of -21.25% for stock’s current value.
KLX Energy Services Holdings Inc. (KLXE) estimates and forecasts
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $765 million for the same. And 1 analysts are in estimates of company making revenue of $765 million in the next quarter that will end on Apr 2022.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 13.30% during past 5 years.
KLX Energy Services Holdings Inc. is more likely to be releasing its next quarterly report on November 10 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
KLX Energy Services Holdings Inc. (NASDAQ:KLXE)’s Major holders
Insiders are in possession of 13.24% of company’s total shares while institution are holding 29.24 percent of that, with stock having share float percentage of 33.71%. Investors also watch the number of corporate investors in a company very closely, which is 29.24% institutions for KLX Energy Services Holdings Inc. that are currently holding shares of the company. Gendell, Jeffrey L. is the top institutional holder at KLXE for having 0.62 million shares of worth $2.67 million. And as of Jun 29, 2022, it was holding 5.14% of the company’s outstanding shares.
The second largest institutional holder is Connacht Asset Management LP, which was holding about 0.52 million shares on Jun 29, 2022. The number of shares represents firm’s hold over 4.31% of outstanding shares, having a total worth of $2.23 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2022, the former fund manager was holding 0.29 million shares of worth $1.27 million or 2.45% of the total outstanding shares. The later fund manager was in possession of 82907.0 shares on Jun 29, 2022, making its stake of worth around $0.36 million in the company or a holder of 0.69% of company’s stock.