In the last trading session, 1.18 million Nine Energy Service Inc (NYSE:NINE) shares changed hands as the company’s beta touched 2.51. With the company’s per share price at $0.58 changed hands at $0.04 or 7.04% during last session, the market valuation stood at $24.39M. NINE’s last price was a discount, traded about -248.28% off its 52-week high of $2.02. The share price had its 52-week low at $0.44, which suggests the last value was 24.14% 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 green as seen at the end of in last trading. With action 12.06%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -48.56%, with the 5-day performance at 12.06% in the green. However, in the 30-day time frame, Nine Energy Service Inc (NYSE:NINE) is -15.09% down.
The consensus price target for the stock as assigned by Wall Street analysts is 18, meaning bulls need an upside of 96.78% 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 -3003.45% plunge from its current level, while the stock would need to soar -3003.45% for it to hit the projected low.
Nine Energy Service Inc (NINE) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 31.69%. The 2025 estimates are for Nine Energy Service Inc earnings to increase by 14.97%, but the outlook for the next 5-year period is at 12.42% per year.
Nine Energy Service Inc (NYSE:NINE)’s Major holders
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.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund. With 609.23 shares estimated at $0.35 million under it, the former controlled 1.44% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held about 0.65% of the shares, roughly 274.73 shares worth around $0.16 million.
