KLX Energy Services Holdings Inc. (KLXE) See Remarks Owns Stock Worth $3963.0

KLX Energy Services Holdings Inc. (NASDAQ:KLXE) traded on Tuesday with an addition of $0.2 to $4.78, an upside of 4.37 percent. An average of 410,784 shares of common stock have been traded in the last five days. There was a gain of $0.27 in the past week. The last 20 days have seen an average of 228,276 shares traded, while the 50-day average volume stands at 164,046.

KLXE stock has decreased by -27.30% in the last month. The company shares reached their 1-month lowest point of $4.27 on 09/21/21. With the stock rallying to its 52-week high on 03/19/21, shares of the company touched a low of $3.73 and a high of $18.97 in 52 weeks. In spite of this, the price is down -74.80% from the 52-week high.


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Insider Transactions

4 days have passed since KLX Energy Services Holdings Inc. (KLXE) last reported insider trading activity. Lehner Keefer McGovern, who is See Remarks, most recently acquired $3,963 shares at $4.66 per share on Oct 01. In this transaction, the insider spent $18,467. See Remarks, Baker Christopher J., disposed of 6,000 shares at a price of $4.72 on Oct 01. The insider now owns more than $28,310 worth of shares. Prior to that, Director ROBERTSON CORBIN J JR went on to Sale 15,617 shares at $4.70 each on Sep 30. An amount of $73,373 was transacted.

Valuation Metrics

KLX Energy Services Holdings Inc. (KLXE) has a trailing price-to-earnings (P/E) ratio of 14.70 for the broader industry and 19.14 for the sector. This means investors are optimistic about the stock’s future prospects. In the last five years, KLX Energy Services Holdings Inc.’s PE ratio has ranged between 155.88 and 32.63. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.11.

The quick ratio of KLX Energy Services Holdings Inc. for the three months ended April 29 was 1.60, and the current ratio was 1.90, indicating that the company is able to meet its debt obligations. On the profitability front, the trailing 12-month gross margin is -0.60% against a 5-year average of 4.4%. KLX Energy Services Holdings Inc.’s EBITDA margin for the year ending April 29 is -12.32%, while its operating margin for the same period stands at -27.30%. Its gross profit as reported stood at -$38.0 million compared to revenue of $276.8 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, KLX Energy Services Holdings Inc.’s return on assets was -36.50%, compared to -26.6% over the last five years. In the past year, the return on investment has been -106.80%, and the 5-year average is -29.1%. Meanwhile, the return on equity (ROE) for the past 12 months has been -847.40% and the 5-year average holds at -55.9%. For the broader industry, ROE averaged 1.16 over the past year.

Technical Picture

From a technical analysis perspective, let’s take a brief look at KLX Energy Services Holdings Inc. (KLXE) price momentum. RSI 9-day as of the close on 04 October was 50.29%, suggesting the stock is Neutral, with historical volatility in this time frame at 73.32%.

As of today, KLXE’s price is $4.72 +5.77% or $0.27 from its 5-day moving average. KLXE is currently trading -22.29% lower than its 20-day SMA and -58.58% lower than its 100-day SMA. However, the stock’s current price level is -18.85% below the SMA50 and -29.89% below the SMA200.

The stochastic %K and %D were 38.85% and 28.75%, respectively, and the average true range (ATR) was 0.48. With the 14-day stochastic at 66.39% and the average true range at 0.51, the RSI (14) stands at 46.03%. The stock has reached 0.00 on the 9-day MACD Oscillator while the 14-day reading was at 0.05.

Analyst Ratings

Gabelli & Co downgraded KLX Energy Services Holdings Inc. (NASDAQ: KLXE) to a a Hold rating in its most recent analyst report. Previously, the stock was rated as a a Buy.The consensus rating for KLX Energy Services Holdings Inc. (KLXE) among analysts is Hold. According to current brokerage recommendations, 0 brokerage firms advise that investors sell KLXE, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 0 others rate it as a “buy”.

What is KLXE’s price target for the next 12 months?

Analysts predict a range of price targets between $3.00 and $4.00, with a median target of $3.50. Taking a look at these predictions, the average price target given by analysts for KLX Energy Services Holdings Inc. (KLXE) stock is $3.50.

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