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In the latest session, National Energy Services Reunited Corp (NASDAQ: NESR) closed at $6.21 down -0.64% from its previous closing price of $6.25. In other words, the price has decreased by -$0.64 from its previous closing price. On the day, 0.5 million shares were traded.
Ratios:
For a deeper understanding of National Energy Services Reunited Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 1.07. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.30.
On January 21, 2025, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $15.
On December 06, 2024, JP Morgan started tracking the stock assigning a Overweight rating and target price of $13.JP Morgan initiated its Overweight rating on December 06, 2024, with a $13 target price.
Stock Price History:
Over the past 52 weeks, NESR has reached a high of $9.90, while it has fallen to a 52-week low of $5.20. The 50-Day Moving Average of the stock is -7.21%, while the 200-Day Moving Average is calculated to be -25.90%.
Shares Statistics:
A total of 96.05M shares are outstanding, with a floating share count of 78.43M. Insiders hold about 17.83% of the company’s shares, while institutions hold 61.09% stake in the company.
Earnings Estimates
The current rating of National Energy Services Reunited Corp (NESR) reflects the combined expertise of 3 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $0.27, with high estimates of $0.3 and low estimates of $0.24.
Analysts are recommending an EPS of between $1.19 and $0.98 for the fiscal current year, implying an average EPS of $1.1. EPS for the following year is $1.33, with 4.0 analysts recommending between $1.4 and $1.2.
Revenue Estimates
For the next quarter, 3 analysts are estimating revenue of $341.72M. There is a high estimate of $348M for the next quarter, whereas the lowest estimate is $337.97M.
A total of 3 analysts have provided revenue estimates for NESR’s current fiscal year. The highest revenue estimate was $1.43B, while the lowest revenue estimate was $1.35B, resulting in an average revenue estimate of $1.39B. In the same quarter a year ago, actual revenue was $1.3BBased on 3 analysts’ estimates, the company’s revenue will be $1.51B in the next fiscal year. The high estimate is $1.57B and the low estimate is $1.44B.
