Nine Energy Service Inc (NYSE:NINE) has a beta value of 2.71 and has seen 0.56 million shares traded in the recent trading session. The company, currently valued at $33.80M, closed the recent trade at $0.8 per share which meant it lost -$0.07 on the day or -7.81% during that session. The NINE stock price is -152.5% off its 52-week high price of $2.02 and 45.0% above the 52-week low of $0.44. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.5 million shares traded. The 3-month trading volume is 3.43 million shares.
The consensus among analysts is that Nine Energy Service Inc (NINE) is Buy stock at the moment, with a recommendation rating of 5.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.
Nine Energy Service Inc (NYSE:NINE) trade information
Sporting -7.81% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the NINE stock price touched $0.8 or saw a rise of 23.81%. Year-to-date, Nine Energy Service Inc shares have moved -51.93%, while the 5-day performance has seen it change -13.38%. Over the past 30 days, the shares of Nine Energy Service Inc (NYSE:NINE) have changed 35.44%. Short interest in the company has seen 2.77 million shares shorted with days to cover at 0.85.
Wall Street analysts have a consensus price target for the stock at $18, which means that the shares’ value could jump 95.56% from the levels at last check today.. The projected low price target is $18.0 while the price target rests at a high of $18.0. In that case, then, we find that the latest price level in today’s session is -2150.0% off the targeted high while a plunge would see the stock gain -2150.0% from the levels at last check today..
Nine Energy Service Inc (NINE) estimates and forecasts
The company’s shares have lost -37.17% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 31.69% over the past 5 years. Earnings growth for 2025 is a modest 13.59% while over the next 5 years, the company’s earnings are expected to increase by 11.81%.
NINE Dividends
Nine Energy Service Inc is expected to release its next earnings report on 2025-May-07 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Nine Energy Service Inc (NYSE:NINE)’s Major holders
Insiders own 16.98% of the company shares, while shares held by institutions stand at 29.41% with a share float percentage of 35.42%. Investors are also buoyed by the number of investors in a company, with Nine Energy Service Inc having a total of 72.0 institutions that hold shares in the company. The top two institutional holders are SCF PARTNERS, INC. with over 9.09 million shares worth more than $15.27 million. As of 2024-06-30, SCF PARTNERS, INC. held 25.6133% of shares outstanding.
The other major institutional holder is GENDELL JEFFREY L, with the holding of over 3.4 million shares as of 2024-06-30. The firm’s total holdings are worth over $5.71 million and represent 9.5792% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . As of Mar 31, 2025 , the former fund manager holds about 1.44% shares in the company for having 609.23 shares of worth $0.49 million while later fund manager owns 274.73 shares of worth $0.22 million as of Mar 31, 2025 , which makes it owner of about 0.65% of company’s outstanding stock.
