The closing price of KLX Energy Services Holdings Inc (NASDAQ: KLXE) was $8.13 for the day, down -10.56% from the previous closing price of $9.09. In other words, the price has decreased by -$0.96 from its previous closing price. On the day, 752866 shares were traded.
Ratios:
Our analysis of KLXE’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.81. For the most recent quarter (mrq), Quick Ratio is recorded 1.66 and its Current Ratio is at 1.88. In the meantime, Its Debt-to-Equity ratio is 7.38 whereas as Long-Term Debt/Eq ratio is at 6.76.
On April 03, 2019, Jefferies started tracking the stock assigning a Buy rating and target price of $35.Jefferies initiated its Buy rating on April 03, 2019, with a $35 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 01 when Baker Christopher J. sold 4,000 shares for $9.44 per share. The transaction valued at 37,760 led to the insider holds 131,041 shares of the business.
Lehner Keefer McGovern sold 13,343 shares of KLXE for $137,166 on Nov 02. The insider now owns 44,578 shares after completing the transaction at $10.28 per share. On Nov 01, another insider, Baker Christopher J., who serves as the insider of the company, sold 4,500 shares for $10.14 each. As a result, the insider received 45,630 and left with 135,041 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KLXE now has a Market Capitalization of 149.14M and an Enterprise Value of 395.99M. As of this moment, KLX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.81, and their Forward P/E ratio for the next fiscal year is 4.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.15 while its Price-to-Book (P/B) ratio in mrq is 2.79. Its current Enterprise Value per Revenue stands at 0.45 whereas that against EBITDA is 2.82.
Stock Price History:
Over the past 52 weeks, KLXE has reached a high of $17.00, while it has fallen to a 52-week low of $7.70. The 50-Day Moving Average of the stock is 10.06, while the 200-Day Moving Average is calculated to be 10.22.
Shares Statistics:
KLXE traded an average of 105.64K shares per day over the past three months and 95.24k shares per day over the past ten days. A total of 13.90M shares are outstanding, with a floating share count of 12.80M. Insiders hold about 22.01% of the company’s shares, while institutions hold 44.05% stake in the company. Shares short for KLXE as of Jan 31, 2024 were 1.2M with a Short Ratio of 11.32, compared to 1.25M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 7.29% and a Short% of Float of 8.89%.
Earnings Estimates
The firm’s stock currently is rated by 3 analysts. On average, analysts expect EPS of $0.32 for the current quarter, with a high estimate of $0.42 and a low estimate of $0.17, while EPS last year was $1.02. The consensus estimate for the next quarter is $0.33, with high estimates of $0.5 and low estimates of $0.11.
Analysts are recommending an EPS of between $2.23 and $1.98 for the fiscal current year, implying an average EPS of $2.13. EPS for the following year is $2.2, with 3 analysts recommending between $2.77 and $1.63.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $230.8M to a low estimate of $209M. As of the current estimate, KLX Energy Services Holdings Inc’s year-ago sales were $223.3M, an estimated decrease of -2.30% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $216M, a decrease of -9.80% less than the figure of -$2.30% in the same quarter last year. There is a high estimate of $224.9M for the next quarter, whereas the lowest estimate is $206M.
A total of 4 analysts have provided revenue estimates for KLXE’s current fiscal year. The highest revenue estimate was $925M, while the lowest revenue estimate was $903M, resulting in an average revenue estimate of $912.27M. In the same quarter a year ago, actual revenue was $781.6M, up 16.70% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $900M in the next fiscal year. The high estimate is $920.2M and the low estimate is $867M. The average revenue growth estimate for next year is down -1.30% from the average revenue estimate for this year.
