Newpark Resources Inc. [NYSE: NR] stock went on an upward path that rose over 3.27% on Friday, amounting to a one-week price increase of more than 7.48%.
Over the last 12 months, NR stock dropped by -79.56%. The average equity rating for NR stock is currently 2.20, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $138.69 million, with 89.98 million shares outstanding and 87.87 million shares in the current float. Compared to the average trading volume of 692.57K shares, NR stock reached a trading volume of 1198258 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Newpark Resources Inc. [NR]:
CapitalOne have made an estimate for Newpark Resources Inc. shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on March 17, 2020. The new note on the price target was released on March 09, 2020, representing the official price target for Newpark Resources Inc. stock.
The Average True Range (ATR) for Newpark Resources Inc. is set at 0.14, with the Price to Sales ratio for NR stock in the period of the last 12 months amounting to 0.21. The Price to Book ratio for the last quarter was 0.28, with the Price to Cash per share for the same quarter was set at 0.49. Price to Free Cash Flow for NR in the course of the last twelve months was 4.40 with Quick ratio for the last quarter at 2.10.
NR Stock Performance Analysis:
Newpark Resources Inc. [NR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.48. With this latest performance, NR shares dropped by -24.04% in over the last four-week period, additionally plugging by 29.51% over the last 6 months – not to mention a drop of -79.56% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NR stock in for the last two-week period is set at 35.53, with the RSI for the last a single of trading hit 35.09, and the three-weeks RSI is set at 39.43 for Newpark Resources Inc. [NR]. The present Moving Average for the last 50 days of trading for this stock 1.9110, while it was recorded at 1.5400 for the last single week of trading, and 2.7999 for the last 200 days.
Insight into Newpark Resources Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Newpark Resources Inc. [NR] shares currently have an operating margin of +2.75 and a Gross Margin at +16.59. Newpark Resources Inc.’s Net Margin is presently recorded at -1.58.
Return on Total Capital for NR is now 3.06, given the latest momentum, and Return on Invested Capital for the company is -1.78. Return on Equity for this stock declined to -2.32, with Return on Assets sitting at -1.43. When it comes to the capital structure of this company, Newpark Resources Inc. [NR] has a Total Debt to Total Equity ratio set at 35.16. Additionally, NR Total Debt to Total Capital is recorded at 26.02, with Total Debt to Total Assets ending up at 21.43. Long-Term Debt to Equity for the company is recorded at 32.90, with the Long-Term Debt to Total Capital now at 24.34.
Reflecting on the efficiency of the workforce at the company, Newpark Resources Inc. [NR] managed to generate an average of -$5,885 per employee. Receivables Turnover for the company is 3.48 with a Total Asset Turnover recorded at a value of 0.90.Newpark Resources Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.10 and a Current Ratio set at 4.00.
NR Stock EPS
With the latest financial reports released by the company, Newpark Resources Inc. posted -0.02/share EPS, while the average EPS was predicted by analysts to be reported at 0.08/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -125.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NR.
Newpark Resources Inc. [NR] Insider Position Details
There are presently around $121 million, or 85.10% of NR stock, in the hands of institutional investors. The top three institutional holders of NR stocks are: BLACKROCK INC. with ownership of 13,891,264, which is approximately -2.113% of the company’s market cap and around 2.60% of the total institutional ownership; VANGUARD GROUP INC, holding 7,993,396 shares of the stock with an approximate value of $12.63 million in NR stocks shares; and DIMENSIONAL FUND ADVISORS LP, currently with $9.96 million in NR stock with ownership of nearly -13.569% of the company’s market capitalization.
Positions in Newpark Resources Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 72 institutional holders increased their position in Newpark Resources Inc. [NYSE:NR] by around 11,272,051 shares. Additionally, 79 investors decreased positions by around 17,287,596 shares, while 22 investors held positions by with 47,890,354 shares. The mentioned changes placed institutional holdings at 76,450,001 shares, according to the latest SEC report filing. NR stock had 26 new institutional investments in for a total of 3,147,915 shares, while 33 institutional investors sold positions of 5,382,380 shares during the same period.