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In the latest session, National Energy Services Reunited Corp (NASDAQ: NESR) closed at $6.04 down -2.89% from its previous closing price of $6.22. In other words, the price has decreased by -$2.89 from its previous closing price. On the day, 0.5 million shares were traded. NESR stock price reached its highest trading level at $6.16 during the session, while it also had its lowest trading level at $5.745.
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.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NESR now has a Market Capitalization of 580117248 and an Enterprise Value of 904258752. Its current Enterprise Value per Revenue stands at 0.695 whereas that against EBITDA is 3.224.
Stock Price History:
The Beta on a monthly basis for NESR is 0.45, which has changed by -0.3288889 over the last 52 weeks, in comparison to a change of 0.028231144 over the same period for the S&P500. Over the past 52 weeks, NESR has reached a high of $10.30, while it has fallen to a 52-week low of $5.20. The 50-Day Moving Average of the stock is -26.09%, while the 200-Day Moving Average is calculated to be -31.45%.
Shares Statistics:
For the past three months, NESR has traded an average of 250.93K shares per day and 549400 over the past ten days. A total of 96.05M shares are outstanding, with a floating share count of 78.41M. Insiders hold about 17.85% of the company’s shares, while institutions hold 59.26% stake in the company. Shares short for NESR as of 1741910400 were 349339 with a Short Ratio of 1.56, compared to 1739491200 on 403732. Therefore, it implies a Short% of Shares Outstanding of 349339 and a Short% of Float of 0.58.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The market rating of National Energy Services Reunited Corp (NESR) is currently shaped by the ongoing analysis conducted by 3 analysts closely monitoring its 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.
