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 48.65% upside from NR’s last price of $7.40) and a rating consensus of 'Buy', based on 4 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 4 Wall Street analysts in the past 3 months, with a price target range of $11.00 to $11.00. This represents a potential 48.65% upside from NR's last price of $7.40.
NR Analyst Ratings
According to 4 Wall Street analysts, Newpark Resources's rating consensus is 'Buy'. The analyst rating breakdown for NR stock is 0 'Strong Buy' (0.00%), 3 'Buy' (75.00%), 0 'Hold' (0.00%), 1 'Sell' (25.00%), 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% | 48.65% |
| Apr 09, 2024 | Alex Rygiel | B.Riley Financial | $10.00 | $7.73 | 29.40% | 35.14% |
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 48.65% increase from NR last price ($7.40).
Newpark Resources Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $10.50 |
| Last Closing Price | $7.40 | $7.40 | $7.40 |
| Upside/Downside | -100.00% | -100.00% | 41.89% |
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 $7.40. 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 |
|---|---|---|---|---|
| Sep 19, 2024 | H.C. Wainwright | Buy | Buy | Hold |
| 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 H.C. Wainwright on Sep 19, 2024. The company gave NR a "Buy" rating, the same as its previous rate.
Newpark Resources Financial Forecast
Newpark Resources Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Avg Forecast | $67.70M | $65.70M | $68.00M | $64.20M | $65.40M | $59.60M | $61.30M | $58.13M | $58.42M | $54.19M | $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 |
| High Forecast | $69.40M | $67.35M | $69.70M | $65.81M | $67.04M | $61.09M | $62.84M | $58.45M | $60.53M | $55.55M | $173.58M | $175.05M | $175.42M | $178.15M | $194.56M | $193.53M | $200.28M | $189.93M | $169.30M | $171.20M | $163.90M | $150.20M | $131.80M | $139.36M | $120.95M | $100.50M | $110.33M | $166.37M | $182.00M | $221.38M |
| Low Forecast | $66.47M | $64.50M | $66.76M | $63.03M | $64.21M | $58.52M | $60.18M | $57.81M | $56.84M | $53.21M | $166.26M | $167.67M | $168.02M | $170.64M | $186.35M | $185.36M | $182.52M | $172.87M | $169.30M | $171.20M | $163.90M | $150.20M | $131.80M | $139.36M | $120.95M | $100.50M | $110.33M | $166.37M | $182.00M | $221.38M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 8 | 8 |
| 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% |
Newpark Resources's average Quarter revenue forecast for Dec 23 based on 1 analysts is $171.13M, with a low forecast of $168.02M, and a high forecast of $175.42M. 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 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 8 | 8 |
| 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 |
| Avg Forecast | $2.34M | $2.27M | $2.35M | $2.22M | $2.26M | $2.06M | $2.12M | $2.01M | $2.02M | $1.88M | $5.86M | $44.67M | $5.92M | $6.01M | $6.57M | $47.78M | $-14.41M | $10.08M | $9.41M | $51.10M | $9.11M | $8.35M | $7.33M | $8.19M | $6.72M | $5.59M | $6.13M | $1.74M | $10.12M | $12.30M |
| High Forecast | $2.40M | $2.33M | $2.41M | $2.28M | $2.32M | $2.11M | $2.17M | $2.02M | $2.09M | $1.92M | $6.01M | $53.60M | $6.07M | $6.16M | $6.73M | $57.33M | $-11.53M | $10.56M | $9.41M | $61.32M | $9.11M | $8.35M | $7.33M | $9.82M | $6.72M | $5.59M | $6.13M | $2.09M | $10.12M | $12.30M |
| Low Forecast | $2.30M | $2.23M | $2.31M | $2.18M | $2.22M | $2.02M | $2.08M | $2.00M | $1.97M | $1.84M | $5.75M | $35.74M | $5.81M | $5.90M | $6.45M | $38.22M | $-17.29M | $9.61M | $9.41M | $40.88M | $9.11M | $8.35M | $7.33M | $6.55M | $6.72M | $5.59M | $6.13M | $1.40M | $10.12M | $12.30M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.12% | -0.18% | 0.38% | -1.80% | 1.77% | 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 analysts predict NR's average Quarter EBITDA for Jun 23 to be $6.57M, with a high of $6.73M and a low of $6.45M. This is -63.59% lower than Newpark Resources's previous annual EBITDA (Mar 23) of $18.04M.
Newpark Resources Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 8 | 8 |
| 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 |
| Avg Forecast | $10.49M | $9.62M | $10.49M | $9.62M | $9.62M | $7.43M | $7.87M | $6.56M | $6.70M | $5.25M | $6.41M | $9.92M | $7.00M | $5.25M | $5.71M | $10.61M | $-48.97M | $3.75M | $2.91M | $11.34M | $-1.07M | $-7.93M | $-5.70M | $-4.02M | $-10.16M | $-14.95M | $-17.11M | $-7.94M | $-312.82K | $6.67M |
| High Forecast | $10.84M | $9.93M | $10.84M | $9.93M | $9.93M | $7.68M | $8.13M | $6.77M | $6.92M | $5.42M | $6.43M | $11.90M | $7.22M | $5.42M | $5.90M | $12.73M | $-39.18M | $3.75M | $2.91M | $13.61M | $-1.07M | $-7.93M | $-5.70M | $-3.22M | $-10.16M | $-14.95M | $-17.11M | $-6.35M | $-312.82K | $6.67M |
| Low Forecast | $10.25M | $9.39M | $10.25M | $9.39M | $9.39M | $7.26M | $7.68M | $5.74M | $5.87M | $5.12M | $6.40M | $7.93M | $6.83M | $5.12M | $5.58M | $8.49M | $-58.76M | $3.75M | $2.91M | $9.08M | $-1.07M | $-7.93M | $-5.70M | $-4.83M | $-10.16M | $-14.95M | $-17.11M | $-9.52M | $-312.82K | $6.67M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.46% | 0.30% | 0.53% | -0.18% | -6.55% | -2.66% | 0.22% | 3.44% | 1.32% | 1.05% | 1.33% | 1.81% | 1.60% | 1.53% | 1.53% | 54.64% | -0.22% |
Newpark Resources's average Quarter net income forecast for Dec 23 is $7.00M, with a range of $6.83M to $7.22M. NR's average Quarter net income forecast represents a -8.78% decrease compared to the company's last Quarter net income of $7.67M (Sep 23).
Newpark Resources SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 8 | 8 |
| 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 |
| Avg Forecast | $9.78M | $9.49M | $9.82M | $9.27M | $9.45M | $8.61M | $8.86M | $8.40M | $8.44M | $7.83M | $24.46M | $96.12M | $24.72M | $25.11M | $27.42M | $102.80M | $54.12M | $26.21M | $24.46M | $109.95M | $23.68M | $21.70M | $19.04M | $15.68M | $17.47M | $14.52M | $15.94M | $16.13M | $26.29M | $31.98M |
| High Forecast | $10.02M | $9.73M | $10.07M | $9.51M | $9.68M | $8.83M | $9.08M | $8.44M | $8.74M | $8.02M | $25.08M | $115.34M | $25.34M | $25.74M | $28.11M | $123.36M | $64.95M | $27.44M | $24.46M | $131.94M | $23.68M | $21.70M | $19.04M | $18.82M | $17.47M | $14.52M | $15.94M | $19.36M | $26.29M | $31.98M |
| Low Forecast | $9.60M | $9.32M | $9.64M | $9.11M | $9.28M | $8.45M | $8.69M | $8.35M | $8.21M | $7.69M | $24.02M | $76.90M | $24.27M | $24.65M | $26.92M | $82.24M | $43.30M | $24.97M | $24.46M | $87.96M | $23.68M | $21.70M | $19.04M | $12.55M | $17.47M | $14.52M | $15.94M | $12.91M | $26.29M | $31.98M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 0.93% | 0.25% | 0.46% | 0.92% | 0.99% | 0.22% | 1.13% | 1.10% | 1.21% | 1.33% | 1.17% | 1.42% | 1.31% | 1.53% | 1.05% | 0.84% |
Newpark Resources's average Quarter SG&A projection for Dec 23 is $24.72M, based on 1 Wall Street analysts, with a range of $24.27M to $25.34M. The forecast indicates a -7.83% fall compared to NR last annual SG&A of $26.82M (Sep 23).
Newpark Resources EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 9 | 8 | 8 |
| 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 |
| Avg Forecast | $0.12 | $0.11 | $0.12 | $0.11 | $0.11 | $0.09 | $0.09 | $0.07 | $0.08 | $0.06 | $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 |
| High Forecast | $0.12 | $0.11 | $0.12 | $0.11 | $0.11 | $0.09 | $0.09 | $0.08 | $0.08 | $0.06 | $0.07 | $0.06 | $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 |
| Low Forecast | $0.12 | $0.11 | $0.12 | $0.11 | $0.11 | $0.08 | $0.09 | $0.07 | $0.07 | $0.06 | $0.07 | $0.05 | $0.08 | $0.06 | $0.06 | $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 |
| 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% |
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 | $7.81 | $16.75 | 114.47% | Hold |
| RES | RPC | $5.97 | $10.00 | 67.50% | Hold |
| NR | Newpark Resources | $7.40 | $11.00 | 48.65% | Buy |
| OIS | Oil States | $5.36 | $7.50 | 39.93% | Hold |
| HLX | Helix Energy Solutions Group | $10.89 | $14.00 | 28.56% | Buy |
| NEX | NexTier Oilfield Solutions | $10.61 | $13.50 | 27.24% | Hold |
| DNOW | NOW | $14.65 | $18.00 | 22.87% | - |
| AROC | Archrock | $24.32 | $22.00 | -9.54% | Buy |
| RNGR | Ranger Energy Services | $16.57 | $12.50 | -24.56% | Hold |
| OII | Oceaneering | $27.97 | $21.00 | -24.92% | Buy |