KLX Energy Services Holdings Inc (NASDAQ:KLXE) has earned a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy recommendation.
Brokers have set a one year consensus price objective of $53.00 for the company and are predicting that the company will post $0.61 EPS for the current quarter, according to Zacks. Zacks has also assigned KLX Energy Services an industry rank of 235 out of 256 based on the ratings given to related companies.
A number of research firms have recently issued reports on KLXE. Piper Jaffray Companies began coverage on KLX Energy Services in a research report on Wednesday, December 19th. They issued an “overweight” rating for the company. ValuEngine cut KLX Energy Services from a “sell” rating to a “strong sell” rating in a research report on Tuesday, November 27th. Finally, Gabelli began coverage on KLX Energy Services in a research report on Thursday, October 11th. They issued a “buy” rating for the company.
In other KLX Energy Services news, Director Theodore L. Weise acquired 4,000 shares of the business’s stock in a transaction dated Wednesday, December 12th. The stock was bought at an average cost of $24.54 per share, with a total value of $98,160.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Gary J. Roberts acquired 83,375 shares of the business’s stock in a transaction dated Thursday, October 25th. The stock was acquired at an average cost of $31.26 per share, with a total value of $2,606,302.50. The disclosure for this purchase can be found here. Over the last ninety days, insiders bought 142,096 shares of company stock valued at $4,044,655.
NASDAQ KLXE traded up $0.07 during trading hours on Tuesday, hitting $27.07. 12,675 shares of the company traded hands, compared to its average volume of 225,225. KLX Energy Services has a twelve month low of $19.59 and a twelve month high of $36.13. The company has a debt-to-equity ratio of 0.74, a current ratio of 6.18 and a quick ratio of 5.98.
KLX Energy Services (NASDAQ:KLXE) last issued its quarterly earnings results on Wednesday, December 5th. The company reported $0.83 EPS for the quarter. The company had revenue of $123.20 million for the quarter. As a group, sell-side analysts predict that KLX Energy Services will post 1.56 earnings per share for the current year.
KLX Energy Services Company Profile
KLX Energy Services Holdings, Inc provides completion, intervention, and production services and products to the onshore oil and gas producing regions of the United States. The company offers technical services, and related tools and equipment to companies engaged in the exploration and development of North American onshore conventional and unconventional oil and natural gas reserves.
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