In the last trading session, 1.17 million Nine Energy Service Inc (NYSE:NINE) shares changed hands as the company’s beta touched 3.57. With the company’s per share price at $1.16 changed hands at -$0.07 or -5.69% during last session, the market valuation stood at $49.14M. NINE’s last price was a discount, traded about -181.03% off its 52-week high of $3.26. The share price had its 52-week low at $0.75, which suggests the last value was 35.34% up since then.
Analysts gave the Nine Energy Service Inc (NINE) stock a consensus recommendation rating of Buy, calculated at a mean rating of 5.00. 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, 0 recommended NINE as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
Nine Energy Service Inc (NYSE:NINE) trade information
Instantly NINE was in red as seen at the end of in last trading. With action -3.33%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 3.57%, with the 5-day performance at -3.33% in the red. However, in the 30-day time frame, Nine Energy Service Inc (NYSE:NINE) is -21.62% down.
The consensus price target for the stock as assigned by Wall Street analysts is 18, meaning bulls need an upside of 93.56% from its current market value. According to analyst projections, NINE’s forecast low is 18 with 18 as the target high. To hit the forecast high, the stock’s price needs a -1451.72% plunge from its current level, while the stock would need to soar -1451.72% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 14.91%. The 2025 estimates are for Nine Energy Service Inc earnings to decrease by -25.11%, but the outlook for the next 5-year period is at 14.15% per year.
NINE Dividends
Nine Energy Service Inc is expected to release its next quarterly earnings report in March.
GENDELL JEFFREY L holds the second largest percentage of outstanding shares, with 9.5792% or 3.4 million shares worth $5.71 million as of 2024-06-30.
