In the last trading session, 68099.0 KLX Energy Services Holdings Inc (NASDAQ:KLXE) shares changed hands as the company’s beta touched 2.14. With the company’s per share price at $4.56 changed hands at -$0.06 or -1.30% during last session, the market valuation stood at $76.88M. KLXE’s last price was a discount, traded about -165.79% off its 52-week high of $12.12. The share price had its 52-week low at $4.18, which suggests the last value was 8.33% up since then. When we look at KLX Energy Services Holdings Inc’s average trading volume, we note the 10-day average is 0.13 million shares, with the 3-month average coming to 110.71K.
Analysts gave the KLX Energy Services Holdings Inc (KLXE) stock a consensus recommendation rating of Hold, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended KLXE as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. KLX Energy Services Holdings Inc’s EPS for the current quarter is expected to be -0.8.
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KLX Energy Services Holdings Inc (NASDAQ:KLXE) trade information
Instantly KLXE was in red as seen at the end of in last trading. With action -3.18%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -59.50%, with the 5-day performance at -3.18% in the red. However, in the 30-day time frame, KLX Energy Services Holdings Inc (NASDAQ:KLXE) is -27.85% down. Looking at the short shares, we see there were 1.37 million shares sold at short interest cover period of 11.62 days.
The consensus price target for the stock as assigned by Wall Street analysts is 4.5, meaning bulls need a downside of -1.33% from its current market value. According to analyst projections, KLXE’s forecast low is 4.5 with 4.5 as the target high. To hit the forecast high, the stock’s price needs a 1.32% surge from its current level, while the stock would need to tank 1.32% for it to hit the projected low.
KLX Energy Services Holdings Inc (KLXE) estimates and forecasts
Data shows that the KLX Energy Services Holdings Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -9.34% over the past 6 months, a -293.51% in annual growth rate that is considerably lower than the industry average of -6.10%. Year-over-year growth is forecast to reach -19.78% down from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 168.9M. 1 analysts are of the opinion that KLX Energy Services Holdings Inc’s revenue for the current quarter will be 182M. The company’s revenue for the corresponding quarters a year ago was 194.2M and 174.7M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -13.03%. The estimates for the next quarter sales put growth at 4.18%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -19.26%. The 2024 estimates are for KLX Energy Services Holdings Inc earnings to decrease by -283.77%, but the outlook for the next 5-year period is at 7.00% per year.
KLXE Dividends
KLX Energy Services Holdings Inc is expected to release its next quarterly earnings report in January.
KLX Energy Services Holdings Inc (NASDAQ:KLXE)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 9.00% of KLX Energy Services Holdings Inc shares while 46.84% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 51.48%. There are 46.84% institutions holding the KLX Energy Services Holdings Inc stock share, with GENDELL JEFFREY L the top institutional holder. As of 2024-06-30, the company held 10.3927% of the shares, roughly 1.67 million KLXE shares worth $8.28 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 4.0609% or 0.65 million shares worth $3.24 million as of 2024-06-30.
