Newpark Resources, Inc. (NR)
NYSE: NR · IEX Real-Time Price · USD
8.00
-0.23 (-2.79%)
At close: Jul 19, 2024, 4:00 PM
12.17
+4.17 (52.13%)
After-hours: Jul 20, 2024, 1:30 PM EDT
Newpark Resources Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Newpark Resources stock have an average target of 11, with a low estimate of 10 and a high estimate of 12. The average target predicts an increase of 37.50% from the current stock price of 8.00.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 6, 2024.
Analyst Ratings
The average analyst rating for NR stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 4 | 4 | 4 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 3 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $12 | Strong Buy | Reiterates | $12 | +50.00% | May 6, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $10 → $11 | Strong Buy | Maintains | $10 → $11 | +37.50% | May 6, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Initiates $10 | Strong Buy | Initiates | $10 | +25.00% | Apr 9, 2024 |
| Roth MKM | Roth MKM | Strong Buy Initiates $10 | Strong Buy | Initiates | $10 | +25.00% | Mar 8, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Initiates $12 | Strong Buy | Initiates | $12 | +50.00% | Dec 5, 2023 |
Financial Forecast
Revenue This Year
717.57M
from 749.60M
Decreased by -4.27%
Revenue Next Year
765.08M
from 717.57M
Increased by 6.62%
EPS This Year
0.37
from 0.16
Increased by 130.14%
EPS Next Year
0.44
from 0.37
Increased by 20.28%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 747.0M | 800.9M |
| Avg | 717.6M | 765.1M |
| Low | 677.5M | 720.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -0.4% | 11.6% |
| Avg | -4.3% | 6.6% |
| Low | -9.6% | 0.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.39 | 0.47 |
| Avg | 0.37 | 0.44 |
| Low | 0.33 | 0.38 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 142.8% | 28.3% |
| Avg | 130.1% | 20.3% |
| Low | 108.3% | 3.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.