Newpark Resources (NR) Stock Forecast, Price Target & Predictions
NR Stock Forecast
Newpark Resources stock forecast is as follows: an average price target of $11.00 (represents a 54.49% upside from NR’s last price of $7.12) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
NR Price Target
The average price target for Newpark Resources (NR) is $11.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $11.00 to $11.00. This represents a potential 54.49% upside from NR's last price of $7.12.
NR Analyst Ratings
According to 3 Wall Street analysts, Newpark Resources's rating consensus is 'Buy'. The analyst rating breakdown for NR stock is 0 'Strong Buy' (0.00%), 2 'Buy' (66.67%), 0 'Hold' (0.00%), 1 'Sell' (33.33%), and 0 'Strong Sell' (0.00%).
Newpark Resources Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 06, 2024 | Alex Rygiel | B.Riley Financial | $11.00 | $7.10 | 54.93% | 54.49% |
| Apr 09, 2024 | Alex Rygiel | B.Riley Financial | $10.00 | $7.73 | 29.40% | 40.45% |
The latest Newpark Resources stock forecast, released on May 06, 2024 by Alex Rygiel from B.Riley Financial, set a price target of $11.00, which represents a 54.93% increase from the stock price at the time of the forecast ($7.10), and a 54.49% increase from NR last price ($7.12).
Newpark Resources Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $10.50 |
| Last Closing Price | $7.12 | $7.12 | $7.12 |
| Upside/Downside | -100.00% | -100.00% | 47.47% |
In the current month, the average price target of Newpark Resources stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Newpark Resources's last price of $7.12. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 06, 2024 | B. Riley FBR | Underperform | Underperform | Hold |
| May 06, 2024 | B. Riley Securities | Buy | Buy | Hold |
| May 06, 2024 | B. Riley | Buy | Buy | Hold |
| Apr 09, 2024 | B. Riley | - | Buy | Initialise |
| Apr 26, 2022 | Zacks Investment Research | - | Sell | Downgrade |
Newpark Resources's last stock rating was published by B. Riley FBR on May 06, 2024. The company gave NR a "Underperform" rating, the same as its previous rate.
Newpark Resources Financial Forecast
Newpark Resources Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $198.50M | $183.26M | $200.03M | $225.16M | $219.85M | $194.14M | $176.44M | $179.56M | $151.80M | $142.25M | $141.17M | $129.71M | $96.42M | $101.95M | $164.55M | $189.47M | $202.76M | $216.41M | $211.47M | $227.29M | $158.69M |
| Avg Forecast | $180.10M | $189.80M | $178.60M | $176.50M | $173.16M | $175.61M | $169.34M | $170.78M | $171.13M | $173.80M | $189.80M | $188.80M | $191.40M | $181.40M | $169.30M | $171.20M | $163.90M | $150.20M | $131.80M | $139.36M | $120.95M | $100.50M | $110.33M | $166.37M | $182.00M | $221.38M | $216.63M | $225.21M | $227.30M | $476.10M |
| High Forecast | $187.71M | $197.82M | $186.15M | $183.96M | $180.48M | $183.61M | $176.49M | $177.99M | $178.37M | $181.14M | $197.82M | $196.78M | $199.49M | $189.93M | $176.73M | $178.72M | $171.10M | $156.80M | $137.59M | $145.48M | $126.26M | $104.91M | $115.17M | $173.68M | $190.00M | $231.10M | $226.14M | $235.10M | $272.76M | $571.32M |
| Low Forecast | $173.45M | $182.80M | $172.01M | $169.99M | $166.77M | $169.67M | $163.09M | $164.47M | $164.82M | $167.39M | $182.80M | $181.83M | $184.34M | $172.87M | $163.31M | $165.15M | $158.10M | $144.89M | $127.14M | $134.43M | $116.67M | $96.95M | $106.43M | $160.49M | $175.57M | $213.55M | $208.97M | $217.25M | $181.84M | $380.88M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | - | 1 | - | - | - | - | 1 | - | - | - | - | - | - | - | - | - | 9 | 8 | 8 | 12 | 16 | 19 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.14% | 0.97% | 1.06% | 1.18% | 1.21% | 1.15% | 1.03% | 1.10% | 1.01% | 1.08% | 1.01% | 1.07% | 0.96% | 0.92% | 0.99% | 1.04% | 0.92% | 1.00% | 0.94% | 1.00% | 0.33% |
Newpark Resources's average Quarter revenue forecast for Dec 23 based on 1 analysts is $171.13M, with a low forecast of $164.82M, and a high forecast of $178.37M. NR's average Quarter revenue forecast represents a -13.79% decrease compared to the company's last Quarter revenue of $198.50M (Sep 23).
Newpark Resources EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | - | 1 | - | - | - | - | 1 | - | - | - | - | - | - | - | - | - | 9 | 8 | 8 | 12 | 16 | 19 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | $-703.00K | $-1.18M | $18.04M | $25.88M | $17.80M | $1.69M | $11.42M | $10.47M | $4.22M | $7.19M | $10.92M | $-5.42M | $-15.00M | $-18.52M | $2.67M | $1.34M | $17.28M | $21.56M | $18.18M | $24.88M | $12.74M |
| Avg Forecast | $10.01M | $10.55M | $9.93M | $9.81M | $9.62M | $9.76M | $9.41M | $44.67M | $9.51M | $9.66M | $10.55M | $47.78M | $10.64M | $5.34M | $9.41M | $51.10M | $9.11M | $8.35M | $7.33M | $8.19M | $6.72M | $5.59M | $6.13M | $1.74M | $10.12M | $12.30M | $12.04M | $24.24M | $24.88M | $19.11M |
| High Forecast | $10.43M | $10.99M | $10.35M | $10.22M | $10.03M | $10.20M | $9.81M | $53.60M | $9.91M | $10.07M | $10.99M | $57.33M | $11.09M | $6.40M | $9.82M | $61.32M | $9.51M | $8.71M | $7.65M | $9.82M | $7.02M | $5.83M | $6.40M | $2.09M | $10.56M | $12.84M | $12.57M | $29.09M | $29.86M | $22.93M |
| Low Forecast | $9.64M | $10.16M | $9.56M | $9.45M | $9.27M | $9.43M | $9.06M | $35.74M | $9.16M | $9.30M | $10.16M | $38.22M | $10.25M | $4.27M | $9.08M | $40.88M | $8.79M | $8.05M | $7.07M | $6.55M | $6.48M | $5.39M | $5.92M | $1.40M | $9.76M | $11.87M | $11.61M | $19.39M | $19.91M | $15.29M |
| Surprise % | - | - | - | - | - | - | - | - | - | -0.07% | -0.11% | 0.38% | 2.43% | 3.34% | 0.18% | 0.22% | 1.15% | 0.51% | 0.98% | 1.33% | -0.81% | -2.69% | -3.02% | 1.53% | 0.13% | 1.40% | 1.79% | 0.75% | 1.00% | 0.67% |
0 analysts predict NR's average Quarter EBITDA for Jun 23 to be $10.55M, with a high of $10.99M and a low of $10.16M. This is -41.52% lower than Newpark Resources's previous annual EBITDA (Mar 23) of $18.04M.
Newpark Resources Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | - | 1 | - | - | - | - | 1 | - | - | - | - | - | - | - | - | - | 9 | 8 | 8 | 12 | 16 | 19 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | $7.67M | $1.70M | $5.62M | $8.99M | $-24.59M | $-7.75M | $2.52M | $-3.68M | $-10.48M | $-6.00M | $-5.36M | $-18.43M | $-23.87M | $-26.24M | $-12.15M | $-17.09M | $-1.44M | $4.31M | $1.28M | $7.22M | $-983.00K |
| Avg Forecast | $10.52M | $10.52M | $9.64M | $8.76M | $7.30M | $7.01M | $6.43M | $9.92M | $7.01M | $5.26M | $5.72M | $10.61M | $5.50M | $-13.26M | $2.91M | $11.34M | $-1.07M | $-7.93M | $-5.70M | $-4.02M | $-10.16M | $-14.95M | $-17.11M | $-7.94M | $-312.82K | $6.67M | $5.16M | $1.71M | $7.22M | $-1.47M |
| High Forecast | $11.09M | $11.09M | $10.17M | $9.24M | $7.70M | $7.89M | $6.78M | $11.90M | $7.40M | $5.55M | $6.04M | $12.73M | $5.80M | $-10.61M | $3.08M | $13.61M | $-1.02M | $-7.56M | $-5.43M | $-3.22M | $-9.69M | $-14.26M | $-16.32M | $-6.35M | $-298.44K | $7.05M | $5.46M | $2.05M | $8.67M | $-1.18M |
| Low Forecast | $10.01M | $10.01M | $9.18M | $8.34M | $6.95M | $6.13M | $6.12M | $7.93M | $6.67M | $5.01M | $5.45M | $8.49M | $5.24M | $-15.92M | $2.78M | $9.08M | $-1.13M | $-8.38M | $-6.02M | $-4.83M | $-10.74M | $-15.81M | $-18.09M | $-9.52M | $-330.68K | $6.36M | $4.92M | $1.37M | $5.78M | $-1.77M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.46% | 0.30% | 0.53% | 1.63% | 1.85% | -2.66% | 0.22% | 3.44% | 1.32% | 1.05% | 1.33% | 1.81% | 1.60% | 1.53% | 1.53% | 54.64% | -0.22% | 0.83% | 0.75% | 1.00% | 0.67% |
Newpark Resources's average Quarter net income forecast for Dec 23 is $7.01M, with a range of $6.67M to $7.40M. NR's average Quarter net income forecast represents a -8.60% decrease compared to the company's last Quarter net income of $7.67M (Sep 23).
Newpark Resources SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | - | 1 | - | - | - | - | 1 | - | - | - | - | - | - | - | - | - | 9 | 8 | 8 | 12 | 16 | 19 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | $26.82M | $25.58M | $25.41M | $24.65M | $24.21M | $24.33M | $24.43M | $26.69M | $23.86M | $22.98M | $20.91M | $20.37M | $20.60M | $20.94M | $24.70M | $27.60M | $27.02M | $28.04M | $30.74M | $26.95M | $25.40M |
| Avg Forecast | $26.02M | $27.42M | $25.80M | $25.50M | $25.01M | $25.37M | $24.46M | $96.12M | $24.72M | $25.11M | $27.42M | $102.80M | $27.65M | $30.19M | $24.46M | $109.95M | $23.68M | $21.70M | $19.04M | $15.68M | $17.47M | $14.52M | $15.94M | $16.13M | $26.29M | $31.98M | $31.29M | $40.99M | $26.95M | $38.10M |
| High Forecast | $27.12M | $28.58M | $26.89M | $26.57M | $26.07M | $26.52M | $25.50M | $115.34M | $25.77M | $26.17M | $28.58M | $123.36M | $28.82M | $36.23M | $25.53M | $131.94M | $24.72M | $22.65M | $19.88M | $18.82M | $18.24M | $15.16M | $16.64M | $19.36M | $27.45M | $33.39M | $32.67M | $49.19M | $32.34M | $45.71M |
| Low Forecast | $25.06M | $26.41M | $24.85M | $24.56M | $24.09M | $24.51M | $23.56M | $76.90M | $23.81M | $24.18M | $26.41M | $82.24M | $26.63M | $24.15M | $23.59M | $87.96M | $22.84M | $20.93M | $18.37M | $12.55M | $16.85M | $14.00M | $15.37M | $12.91M | $25.36M | $30.85M | $30.19M | $32.79M | $21.56M | $30.48M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.07% | 0.93% | 0.25% | 0.89% | 0.80% | 0.99% | 0.22% | 1.13% | 1.10% | 1.21% | 1.33% | 1.17% | 1.42% | 1.31% | 1.53% | 1.05% | 0.84% | 0.90% | 0.75% | 1.00% | 0.67% |
Newpark Resources's average Quarter SG&A projection for Dec 23 is $24.72M, based on 1 Wall Street analysts, with a range of $23.81M to $25.77M. The forecast indicates a -7.83% fall compared to NR last annual SG&A of $26.82M (Sep 23).
Newpark Resources EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | - | 1 | - | - | - | - | 1 | - | - | - | - | - | - | - | - | - | 9 | 8 | 8 | 12 | 16 | 19 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | $0.09 | $0.02 | $0.06 | $0.10 | $-0.26 | $-0.08 | $0.03 | $-0.04 | $-0.11 | $-0.07 | $-0.06 | $-0.20 | $-0.26 | $-0.29 | $-0.14 | $-0.19 | $-0.02 | $0.05 | $0.01 | $0.08 | $-0.01 |
| Avg Forecast | $0.12 | $0.12 | $0.11 | $0.10 | $0.08 | $0.08 | $0.07 | $0.05 | $0.08 | $0.06 | $0.07 | $0.05 | $0.06 | $0.04 | $0.03 | $-0.01 | $-0.01 | $-0.09 | $-0.07 | $-0.04 | $-0.12 | $-0.17 | $-0.20 | $-0.05 | $-0.00 | $0.08 | $0.06 | $0.06 | $0.08 | $-0.04 |
| High Forecast | $0.13 | $0.13 | $0.12 | $0.11 | $0.09 | $0.09 | $0.08 | $0.06 | $0.08 | $0.06 | $0.07 | $0.06 | $0.07 | $0.05 | $0.04 | $-0.01 | $-0.01 | $-0.09 | $-0.06 | $-0.04 | $-0.11 | $-0.16 | $-0.19 | $-0.05 | $-0.00 | $0.08 | $0.06 | $0.06 | $0.10 | $-0.04 |
| Low Forecast | $0.11 | $0.11 | $0.10 | $0.10 | $0.08 | $0.07 | $0.07 | $0.05 | $0.08 | $0.06 | $0.06 | $0.05 | $0.06 | $0.04 | $0.03 | $-0.01 | $-0.01 | $-0.10 | $-0.07 | $-0.05 | $-0.12 | $-0.18 | $-0.21 | $-0.06 | $-0.00 | $0.07 | $0.06 | $0.06 | $0.06 | $-0.05 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.50% | 0.30% | 1.14% | 1.59% | -6.07% | -2.52% | -3.00% | 3.27% | 1.22% | 1.08% | 1.33% | 1.72% | 1.52% | 1.49% | 2.63% | 53.22% | -0.26% | 0.85% | 0.17% | 1.00% | 0.23% |
According to 1 Wall Street analysts, Newpark Resources's projected average Quarter EPS for Dec 23 is $0.08, with a low estimate of $0.08 and a high estimate of $0.08. This represents a -11.11% decrease compared to NR previous annual EPS of $0.09 (Sep 23).
Newpark Resources Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PUMP | ProPetro | $7.31 | $16.75 | 129.14% | Hold |
| RES | RPC | $5.78 | $13.00 | 124.91% | Hold |
| OIS | Oil States | $4.58 | $7.50 | 63.76% | Hold |
| NR | Newpark Resources | $7.12 | $11.00 | 54.49% | Buy |
| DNOW | NOW | $12.27 | $18.00 | 46.70% | - |
| NEX | NexTier Oilfield Solutions | $10.61 | $13.50 | 27.24% | Hold |
| AROC | Archrock | $19.37 | $22.00 | 13.58% | Buy |
| RNGR | Ranger Energy Services | $11.84 | $12.50 | 5.57% | Hold |
| OII | Oceaneering | $23.20 | $21.00 | -9.48% | Buy |
NR Forecast FAQ
Is Newpark Resources a good buy?
Yes, according to 3 Wall Street analysts, Newpark Resources (NR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 66.67% of NR's total ratings.
What is NR's price target?
Newpark Resources (NR) average price target is $11 with a range of $11 to $11, implying a 54.49% from its last price of $7.12. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Newpark Resources stock go up soon?
According to Wall Street analysts' prediction for NR stock, the company can go up by 54.49% (from the last price of $7.12 to the average price target of $11), up by 54.49% based on the highest stock price target, and up by 54.49% based on the lowest stock price target.
Can Newpark Resources stock reach $11?
NR's average twelve months analyst stock price target of $11 does not support the claim that Newpark Resources can reach $11 in the near future.
What are Newpark Resources's analysts' financial forecasts?
Newpark Resources's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $688.88M (high $718.57M, low $664.01M), average EBITDA is $73.47M (high $83.65M, low $63.5M), average net income is $30.66M (high $34.27M, low $27.14M), average SG&A $170.97M (high $193.44M, low $149.06M), and average EPS is $0.29 (high $0.312, low $0.27). NR's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $725M (high $755.63M, low $698.25M), average EBITDA is $40.29M (high $42M, low $38.81M), average net income is $39.43M (high $41.6M, low $37.54M), average SG&A $104.73M (high $109.16M, low $100.87M), and average EPS is $0.45 (high $0.475, low $0.428).
Did the NR's actual financial results beat the analysts' financial forecasts?
Based on Newpark Resources's last annual report (Dec 2022), the company's revenue was $815.59M, beating the average analysts forecast of $713.3M by 14.34%. Apple's EBITDA was $66.9M, missing the average prediction of $76.48M by -12.53%. The company's net income was $-20.834M, missing the average estimation of $6.5M by -420.75%. Apple's SG&A was $97.62M, missing the average forecast of $192.24M by -49.22%. Lastly, the company's EPS was $-0.22, missing the average prediction of $0.129 by -270.71%. In terms of the last quarterly report (Sep 2023), Newpark Resources's revenue was $198.5M, beating the average analysts' forecast of $173.8M by 14.21%. The company's EBITDA was $-703K, missing the average prediction of $9.66M by -107.28%. Newpark Resources's net income was $7.67M, beating the average estimation of $5.26M by 45.89%. The company's SG&A was $26.82M, beating the average forecast of $25.11M by 6.83%. Lastly, the company's EPS was $0.09, beating the average prediction of $0.06 by 50.00%