Nine Energy Service Inc (NINE) saw an uptrend of 5.75% in the recent trading with $0.62 being its most recent. The current price level -66.65% lower than the highest price of $1.87 marked by the stock while trading over the past 52-weeks, whereas it is 41.75% higher than the lowest price of $0.44 the company dropped to over past 52-weeks. The latest news story on NINE appeared in (GuruFocus.com) under the title “Nine Energy Service Inc (NINE) Q2 2025 Earnings Call Highlights: Navigating Market Challenges …”.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Sell by 1 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 5.00 for the stock.
Nine Energy Service Inc Earnings – What Happened With NINE
Coming around sales and income figures on NINE Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Nine Energy Service Inc (NINE) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of 22.63% for net revenue.
NINE – Nine Energy Service Inc Stock Earnings Estimates
The perspective of Nine Energy Service Inc (NYSE:NINE)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.3 for stock’s EPS in the current quarter. Nine Energy Service Inc (NINE) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of 22.63% for net revenue. Company’s EPS for the last quarter was -0.23.
Nine Energy Service Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 43.37 million. NINE does have institutional investors; and they hold 23.80% of the stock.
As on 2024-06-30, SCF PARTNERS, INC. was the top most holder in Nine Energy Service Inc (NYSE:NINE) with an ownership of 9.09 million shares of the company or 25.6133 of the stake worth $15.27 million. The filing also reveals GENDELL JEFFREY L as the second largest holder in the company with a control over 9.5792 of the outstanding shares. Its stake is worth $5.71 million for having 3.4 million shares in hand.
CLARITY FINANCIAL LLC also came holding a key position in the company during the recent quarter and it now holds 6.9566 of the outstanding shares. With this there are now 60.0 institutions which have possession in NINE’s shares.
