Home Energy services – $ 2.72 Expected earnings per share for KLX Energy Services Holdings,...

– $ 2.72 Expected earnings per share for KLX Energy Services Holdings, Inc. (NASDAQ: KLXE) this quarter

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Analysts predict that KLX Energy Services Holdings, Inc. (NASDAQ: KLXE) will report earnings per share (EPS) of ($ 2.72) for the current quarter, according to Zack. No analyst has estimated the earnings of KLX Energy Services. KLX Energy Services posted earnings per share of ($ 3.77) in the same quarter last year, indicating a positive year-over-year growth rate of 27.9%. The company is expected to release its next quarterly results on Wednesday April 13.

According to Zacks, analysts expect KLX Energy Services to report annual earnings of ($ 12.09) per share for the current fiscal year. For the next fiscal year, analysts expect the company to post earnings of ($ 4.92) per share. Zacks’ earnings per share calculations are an average based on a survey of selling analysts who cover KLX Energy Services.

KLX Energy Services (NASDAQ: KLXE) last released its quarterly earnings data on Thursday, December 9. The company reported ($ 2.10) earnings per share for the quarter, missing the consensus estimate of ($ 0.46) of ($ 1.64). KLX Energy Services recorded a negative return on equity of 835.23% and a negative net margin of 25.93%. In the same quarter of last year, the company made EPS ($ 4.56).

Several brokerages recently commented on KLXE. RF Lafferty increased its price target on KLX Energy Services shares from $ 4.00 to $ 6.00 and assigned the company a “conservation” rating in a research note on Friday, December 10. Piper Sandler lowered her price target on KLX Energy Services shares from $ 8.00 to $ 3.00 and set a “neutral” rating for the company in a report released on Monday, September 13.

Actions of KLX Energy Services shares opened for $ 3.07 on Friday. The company has a 50-day moving average of $ 3.93 and a 200-day moving average of $ 5.61. KLX Energy Services has a one-year low at $ 2.94 and a one-year high at $ 18.97. The company has a market cap of $ 31.77 million, a PE ratio of -0.23 and a beta of 3.26.

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In other news from KLX Energy Services, insider Max Bouthillette sold 14,975 shares of KLX Energy Services in a transaction that took place on Wednesday, December 29. The shares were sold at an average price of $ 3.08, for a total trade of $ 46,123.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, director Corbin J. Robertson, Jr. sold 64,344 shares of the company in a trade that took place on Monday, October 4. The stock was sold for an average price of $ 4.87, for a total trade of $ 313,355.28. Disclosure of this sale can be found here. Insiders sold 92,283 shares of the company valued at $ 416,041 in the past 90 days. 18.50% of the shares are currently held by insiders.

A number of large investors have recently bought and sold stocks. Metropolitan Life Insurance Co NY purchased a new stake in KLX Energy Services shares in the 1st quarter valued at approximately $ 163,000. FMR LLC purchased a new position in KLX Energy Services during the 1st quarter for a value of approximately $ 3,042,000. Morgan Stanley increased its stake in KLX Energy Services by 89,401.5% during the 1st quarter. Morgan Stanley now owns 184,373 shares of the company valued at $ 2,956,000 after acquiring an additional 184,167 shares during the period. Advisor Group Holdings Inc. increased its stake in the shares of KLX Energy Services by 14,590.3% in the second quarter. Advisor Group Holdings Inc. now owns 4,554 shares of the company valued at $ 43,000 after purchasing an additional 4,523 shares during the period. Finally, Vanguard Group Inc. increased its stake in the shares of KLX Energy Services by 42.1% in the 2nd quarter. Vanguard Group Inc. now owns 281,926 shares of the company valued at $ 2,692,000 after purchasing an additional 83,461 shares during the period. Institutional investors hold 32.88% of the shares of the company.

About KLX Energy Services

KLX Energy Services Holdings, Inc. engages in the provision of completion, response and production services and products to onshore oil and gas producing regions. It operates in the following geographic areas: Southwest, Rocky Mountains and Northeast. The company was founded in 2018 and is headquartered in Houston, Texas.

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Historical and Revenue Estimates of KLX Energy Services (NASDAQ: KLXE)

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