National Energy Services Reunited (NESR) Stock Forecast, Price Target & Predictions
NESR Stock Forecast
National Energy Services Reunited stock forecast is as follows: an average price target of $11.00 (represents a 25.71% upside from NESR’s last price of $8.75) and a rating consensus of 'Hold', based on 2 wall street analysts offering a 1-year stock forecast.
NESR Price Target
The average price target for National Energy Services Reunited (NESR) is $11.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $11.00 to $11.00. This represents a potential 25.71% upside from NESR's last price of $8.75.
NESR Analyst Ratings
According to 2 Wall Street analysts, National Energy Services Reunited's rating consensus is 'Hold'. The analyst rating breakdown for NESR stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 1 'Hold' (50.00%), 1 'Sell' (50.00%), and 0 'Strong Sell' (0.00%).
National Energy Services Reunited Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 24, 2022 | Dan Payne | National Bank | $11.00 | $7.42 | 48.25% | 25.71% |
The latest National Energy Services Reunited stock forecast, released on Apr 24, 2022 by Dan Payne from National Bank, set a price target of $11.00, which represents a 48.25% increase from the stock price at the time of the forecast ($7.42), and a 25.71% increase from NESR last price ($8.75).
National Energy Services Reunited Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $8.75 | $8.75 | $8.75 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of National Energy Services Reunited stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to National Energy Services Reunited's last price of $8.75. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Apr 26, 2022 | Zacks Investment Research | Sell | Downgrade | |
| Apr 25, 2022 | National Securities Corporation | Sector Perform | Sector Perform | Hold |
| Apr 25, 2022 | National Securities Corporation | Sector Perform | Downgrade |
National Energy Services Reunited's last stock rating was published by Zacks Investment Research on Apr 26, 2022. The company Downgrade its NESR rating from "null" to "Sell".
National Energy Services Reunited Financial Forecast
National Energy Services Reunited Revenue Forecast
| Sep 24 | Jun 24 | Mar 24 | Mar 23 | Dec 22 | Mar 22 | Dec 21 | Jun 21 | Mar 20 | Mar 19 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | $234.93M | $199.30M | $151.70M | $145.58M |
| Avg Forecast | $336.80M | $324.97M | $1.24B | $241.15M | $243.20M | $222.00M | $219.00M | $226.66M | $199.30M | $151.70M | $99.61M |
| High Forecast | $336.80M | $324.97M | $1.24B | $289.38M | $291.84M | $222.00M | $219.00M | $271.99M | $239.16M | $182.04M | $119.53M |
| Low Forecast | $336.80M | $324.97M | $1.24B | $192.92M | $194.56M | $222.00M | $219.00M | $181.33M | $159.44M | $121.36M | $79.69M |
| # Analysts | 1 | 1 | 1 | 17 | 19 | 1 | 1 | 7 | 18 | 10 | 11 |
| Surprise % | - | - | - | - | - | - | - | 1.04% | 1.00% | 1.00% | 1.46% |
National Energy Services Reunited's average Quarter revenue forecast for Dec 21 based on 1 analysts is $219.00M, with a low forecast of $219.00M, and a high forecast of $219.00M. NESR's average Quarter revenue forecast represents a -6.78% decrease compared to the company's last Quarter revenue of $234.93M (Jun 21).
National Energy Services Reunited EBITDA Forecast
| Sep 24 | Jun 24 | Mar 24 | Mar 23 | Dec 22 | Mar 22 | Dec 21 | Jun 21 | Mar 20 | Mar 19 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 17 | 19 | 1 | 1 | 7 | 18 | 10 | 11 |
| EBITDA | - | - | - | - | - | - | - | $45.57M | $47.63M | $38.61M | $50.45M |
| Avg Forecast | $57.26M | $55.25M | $63.39M | $57.63M | $38.55M | $52.39M | $37.23M | $53.61M | $47.63M | $38.61M | $29.88M |
| High Forecast | $57.26M | $55.25M | $76.07M | $69.16M | $46.26M | $62.87M | $37.23M | $64.34M | $57.15M | $46.33M | $35.86M |
| Low Forecast | $57.26M | $55.25M | $50.71M | $46.10M | $30.84M | $41.91M | $37.23M | $42.89M | $38.10M | $30.89M | $23.91M |
| Surprise % | - | - | - | - | - | - | - | 0.85% | 1.00% | 1.00% | 1.69% |
1 analysts predict NESR's average Quarter EBITDA for Dec 21 to be $37.23M, with a high of $37.23M and a low of $37.23M. This is -18.30% lower than National Energy Services Reunited's previous annual EBITDA (Jun 21) of $45.57M.
National Energy Services Reunited Net Income Forecast
| Sep 24 | Jun 24 | Mar 24 | Mar 23 | Dec 22 | Mar 22 | Dec 21 | Jun 21 | Mar 20 | Mar 19 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 17 | 19 | 1 | 1 | 7 | 18 | 10 | 11 |
| Net Income | - | - | - | - | - | - | - | $7.82M | $11.37M | $13.17M | $16.11M |
| Avg Forecast | $146.86M | $127.85M | $15.13M | $13.75M | $12.56M | $12.50M | $180.69M | $9.20M | $11.37M | $13.17M | $9.54M |
| High Forecast | $146.86M | $127.85M | $18.16M | $16.50M | $15.08M | $15.00M | $180.69M | $11.04M | $13.64M | $15.81M | $11.45M |
| Low Forecast | $146.86M | $127.85M | $12.10M | $11.00M | $10.05M | $10.00M | $180.69M | $7.36M | $9.09M | $10.54M | $7.63M |
| Surprise % | - | - | - | - | - | - | - | 0.85% | 1.00% | 1.00% | 1.69% |
National Energy Services Reunited's average Quarter net income forecast for Dec 21 is $180.69M, with a range of $180.69M to $180.69M. NESR's average Quarter net income forecast represents a 2210.33% increase compared to the company's last Quarter net income of $7.82M (Jun 21).
National Energy Services Reunited SG&A Forecast
| Sep 24 | Jun 24 | Mar 24 | Mar 23 | Dec 22 | Mar 22 | Dec 21 | Jun 21 | Mar 20 | Mar 19 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 17 | 19 | 1 | 1 | 7 | 18 | 10 | 11 |
| SG&A | - | - | - | - | - | - | - | $22.38M | $18.63M | $13.04M | $13.76M |
| Avg Forecast | $17.26M | $16.66M | $24.79M | $22.54M | $14.36M | $20.49M | $11.23M | $26.33M | $18.63M | $13.04M | $8.15M |
| High Forecast | $17.26M | $16.66M | $29.75M | $27.05M | $17.24M | $24.59M | $11.23M | $31.59M | $22.35M | $15.65M | $9.78M |
| Low Forecast | $17.26M | $16.66M | $19.83M | $18.03M | $11.49M | $16.39M | $11.23M | $21.06M | $14.90M | $10.44M | $6.52M |
| Surprise % | - | - | - | - | - | - | - | 0.85% | 1.00% | 1.00% | 1.69% |
National Energy Services Reunited's average Quarter SG&A projection for Dec 21 is $11.23M, based on 1 Wall Street analysts, with a range of $11.23M to $11.23M. The forecast indicates a -49.84% fall compared to NESR last annual SG&A of $22.38M (Jun 21).
National Energy Services Reunited EPS Forecast
| Sep 24 | Jun 24 | Mar 24 | Mar 23 | Dec 22 | Mar 22 | Dec 21 | Jun 21 | Mar 20 | Mar 19 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 17 | 19 | 1 | 1 | 7 | 18 | 10 | 11 |
| EPS | - | - | - | - | - | - | - | $0.09 | $0.13 | $0.15 | $0.19 |
| Avg Forecast | $1.54 | $1.34 | $1.57 | $1.43 | $1.95 | $1.43 | $1.89 | $1.01 | $0.15 | $0.17 | $0.08 |
| High Forecast | $1.54 | $1.34 | $1.57 | $1.43 | $1.95 | $1.43 | $1.89 | $1.01 | $0.18 | $0.20 | $0.09 |
| Low Forecast | $1.54 | $1.34 | $1.57 | $1.43 | $1.95 | $1.43 | $1.89 | $1.01 | $0.12 | $0.14 | $0.06 |
| Surprise % | - | - | - | - | - | - | - | 0.09% | 0.87% | 0.88% | 2.38% |
According to 1 Wall Street analysts, National Energy Services Reunited's projected average Quarter EPS for Dec 21 is $1.89, with a low estimate of $1.89 and a high estimate of $1.89. This represents a 2001.71% increase compared to NESR previous annual EPS of $0.09 (Jun 21).
National Energy Services Reunited Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NINE | Nine Energy Service | $1.12 | $18.00 | 1507.14% | Buy |
| MRC | MRC Global | $12.78 | $16.00 | 25.20% | Buy |
| FTI | TechnipFMC | $28.94 | $35.57 | 22.91% | Buy |
| BKR | Baker Hughes | $41.02 | $44.29 | 7.97% | Buy |
| AROC | Archrock | $24.89 | $22.00 | -11.61% | Buy |
| RNGR | Ranger Energy Services | $15.48 | $13.00 | -16.02% | Hold |