Is Newpark Resources Stock a Good Investment?
Newpark Resources Investment Advice | NR |
- Examine Newpark Resources' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Newpark Resources' leadership team and their track record. Good management can help Newpark Resources navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil & Gas Equipment & Services space and any emerging trends that could impact Newpark Resources' business and its evolving consumer preferences.
- Compare Newpark Resources' performance and market position to its competitors. Analyze how Newpark Resources is positioned in terms of product offerings, innovation, and market share.
- Check if Newpark Resources pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Newpark Resources' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Newpark Resources stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Newpark Resources is a good investment.
Sell | Buy |
Hold
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Newpark Resources Stock
Researching Newpark Resources' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 88.0% of the company shares are owned by institutional investors. The book value of Newpark Resources was now reported as 3.66. The company has Price/Earnings To Growth (PEG) ratio of 1.82. Newpark Resources last dividend was issued on the 11th of February 1983. The entity had 2:1 split on the 28th of November 1997.
To determine if Newpark Resources is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Newpark Resources' research are outlined below:
| Newpark Resources generated a negative expected return over the last 90 days | |
| Over 88.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Drilling Fluids and Chemicals Market to USD 12.94 Billion by 2032, With a CAGR of 5.0 percent PMR |
Newpark Resources uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Newpark Resources. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Newpark Resources' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Newpark Resources' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Newpark Resources' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2020-02-06 | 2019-12-31 | -0.005 | -0.0024 | 0.0026 | 52 | ||
2002-10-29 | 2002-09-30 | 0.01 | 4.0E-4 | -0.0096 | 96 | ||
2021-08-03 | 2021-06-30 | -0.06 | -0.07 | -0.01 | 16 | ||
2021-05-04 | 2021-03-31 | -0.04 | -0.05 | -0.01 | 25 | ||
2019-07-30 | 2019-06-30 | 0.06 | 0.05 | -0.01 | 16 | ||
2019-02-07 | 2018-12-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2017-10-30 | 2017-09-30 | 0.04 | 0.03 | -0.01 | 25 | ||
2015-10-29 | 2015-09-30 | -0.07 | -0.08 | -0.01 | 14 |
Know Newpark Resources' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Newpark Resources is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Newpark Resources backward and forwards among themselves. Newpark Resources' institutional investor refers to the entity that pools money to purchase Newpark Resources' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Boston Partners Global Investors, Inc | 2024-09-30 | 1.7 M | Punch & Associates Inv Mgmt Inc | 2024-09-30 | 1.4 M | Loomis, Sayles & Company Lp | 2024-06-30 | 1.3 M | Northern Trust Corp | 2024-09-30 | 1.1 M | Wellington Management Company Llp | 2024-06-30 | 1.1 M | Arrowstreet Capital Limited Partnership | 2024-06-30 | 1 M | Pennant Select Llc | 2024-09-30 | 990 K | Acadian Asset Management Llc | 2024-06-30 | 947.5 K | Ancora Advisors Llc | 2024-06-30 | 889.1 K | Blackrock Inc | 2024-06-30 | 6.6 M | Ameriprise Financial Inc | 2024-06-30 | 6.4 M |
Newpark Resources' market capitalization trends
The company currently falls under 'Small-Cap' category with a market capitalization of 685.06 M.Market Cap |
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Newpark Resources' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.02 | |
| Return On Capital Employed | 0.07 | 0.07 | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.03 | 0.03 |
Determining Newpark Resources' profitability involves analyzing its financial statements and using various financial metrics to determine if Newpark Resources is a good buy. For example, gross profit margin measures Newpark Resources' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Newpark Resources' profitability and make more informed investment decisions.
Evaluate Newpark Resources' management efficiency
Newpark Resources has Return on Asset (ROA) of 0.047 % which means that for every $100 of assets, it generated a profit of $0.047. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.0906 %, which means that it produced $0.0906 on every 100 dollars invested by current stockholders. Newpark Resources' management efficiency ratios could be used to measure how well Newpark Resources manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/25/2024, Return On Capital Employed is likely to grow to 0.07, while Return On Tangible Assets are likely to drop 0.02. At this time, Newpark Resources' Non Current Assets Total are relatively stable compared to the past year. As of 11/25/2024, Intangible Assets is likely to grow to about 33.6 M, while Non Currrent Assets Other are likely to drop slightly above 2 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 4.81 | 3.26 | |
| Tangible Book Value Per Share | 4.06 | 2.51 | |
| Enterprise Value Over EBITDA | 9.69 | 12.72 | |
| Price Book Value Ratio | 1.38 | 2.39 | |
| Enterprise Value Multiple | 9.69 | 12.72 | |
| Price Fair Value | 1.38 | 2.39 | |
| Enterprise Value | 446 M | 413.8 M |
The strategic initiatives led by Newpark Resources' management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Beta 2.88 |
Basic technical analysis of Newpark Stock
As of the 25th of November, Newpark Resources secures the Risk Adjusted Performance of 0.0196, downside deviation of 2.21, and Mean Deviation of 1.77. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Newpark Resources, as well as the relationship between them. Please verify Newpark Resources jensen alpha and semi variance to decide if Newpark Resources is priced some-what accurately, providing market reflects its recent price of 7.92 per share. Given that Newpark Resources has jensen alpha of (0.22), we recommend you to check Newpark Resources's last-minute market performance to make sure the company can sustain itself at a future point.Newpark Resources' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Newpark Resources insiders, such as employees or executives, is commonly permitted as long as it does not rely on Newpark Resources' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Newpark Resources insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Newpark Resources' Outstanding Corporate Bonds
Newpark Resources issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Newpark Resources uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Newpark bonds can be classified according to their maturity, which is the date when Newpark Resources has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Newpark Resources' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Newpark Resources' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0196 | |||
| Market Risk Adjusted Performance | 0.0247 | |||
| Mean Deviation | 1.77 | |||
| Semi Deviation | 2.1 | |||
| Downside Deviation | 2.21 | |||
| Coefficient Of Variation | 6017.14 | |||
| Standard Deviation | 2.46 | |||
| Variance | 6.06 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0147 | |||
| Maximum Drawdown | 13.55 | |||
| Value At Risk | (3.89) | |||
| Potential Upside | 3.73 | |||
| Downside Variance | 4.9 | |||
| Semi Variance | 4.42 | |||
| Expected Short fall | (1.93) | |||
| Skewness | 1.02 | |||
| Kurtosis | 3.17 |
| Risk Adjusted Performance | 0.0196 | |||
| Market Risk Adjusted Performance | 0.0247 | |||
| Mean Deviation | 1.77 | |||
| Semi Deviation | 2.1 | |||
| Downside Deviation | 2.21 | |||
| Coefficient Of Variation | 6017.14 | |||
| Standard Deviation | 2.46 | |||
| Variance | 6.06 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0147 | |||
| Maximum Drawdown | 13.55 | |||
| Value At Risk | (3.89) | |||
| Potential Upside | 3.73 | |||
| Downside Variance | 4.9 | |||
| Semi Variance | 4.42 | |||
| Expected Short fall | (1.93) | |||
| Skewness | 1.02 | |||
| Kurtosis | 3.17 |
Consider Newpark Resources' intraday indicators
Newpark Resources intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Newpark Resources stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Newpark Resources Corporate Filings
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 12th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 7th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 4th of September 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Newpark Stock media impact
Far too much social signal, news, headlines, and media speculation about Newpark Resources that are available to investors today. That information is available publicly through Newpark media outlets and privately through word of mouth or via Newpark internal channels. However, regardless of the origin, that massive amount of Newpark data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Newpark Resources news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Newpark Resources relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Newpark Resources' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Newpark Resources alpha.
Newpark Resources Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Newpark Resources can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Newpark Resources Corporate Directors
| John Minge | Independent Director | Profile | |
| Rose Robeson | Independent Director | Profile | |
| Donald Young | Independent Director | Profile | |
| Roderick Larson | Independent Director | Profile |
Additional Tools for Newpark Stock Analysis
When running Newpark Resources' price analysis, check to measure Newpark Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Newpark Resources is operating at the current time. Most of Newpark Resources' value examination focuses on studying past and present price action to predict the probability of Newpark Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newpark Resources' price. Additionally, you may evaluate how the addition of Newpark Resources to your portfolios can decrease your overall portfolio volatility.