$0.03 EPS Expected for Newpark Resources, Inc. (NR)

January 22, 2018 - By Adrian Erickson

 $0.03 EPS Expected for Newpark Resources, Inc. (NR)
Investors sentiment decreased to 0.97 in Q3 2017. Its down 0.17, from 1.14 in 2017Q2. It fall, as 18 investors sold Newpark Resources, Inc. shares while 57 reduced holdings. 28 funds opened positions while 45 raised stakes. 87.91 million shares or 0.11% more from 87.81 million shares in 2017Q2 were reported.
Clinton Group, New York-based fund reported 14,839 shares. State Teachers Retirement reported 0% in Newpark Resources, Inc. (NYSE:NR). Van Eck Associate holds 62,525 shares. Hartford Inv Mngmt owns 318,283 shares. Croft invested in 0.07% or 30,000 shares. Victory Mngmt Incorporated holds 0% of its portfolio in Newpark Resources, Inc. (NYSE:NR) for 159,954 shares. Bridgeway Cap Mngmt stated it has 152,500 shares or 0.02% of all its holdings. Piedmont Investment Advsrs Limited Liability holds 18,648 shares or 0% of its portfolio. Thrivent Finance For Lutherans holds 0.03% of its portfolio in Newpark Resources, Inc. (NYSE:NR) for 738,299 shares. Citigroup Incorporated has 0% invested in Newpark Resources, Inc. (NYSE:NR) for 334 shares. Piermont Cap Mngmt accumulated 236,537 shares or 0.78% of the stock. Aqr Cap Mgmt Ltd Liability has invested 0% in Newpark Resources, Inc. (NYSE:NR). 191,976 were reported by Commercial Bank Of Montreal Can. Nj State Employees Deferred Compensation Plan reported 0.18% of its portfolio in Newpark Resources, Inc. (NYSE:NR). Credit Suisse Ag reported 84,220 shares.

Since August 1, 2017, it had 0 insider purchases, and 1 sale for $344,726 activity.

Analysts expect Newpark Resources, Inc. (NYSE:NR) to report $0.03 EPS on February, 8.They anticipate $0.09 EPS change or 150.00 % from last quarter’s $-0.06 EPS. NR’s profit would be $2.68 million giving it 79.58 P/E if the $0.03 EPS is correct. After having $0.03 EPS previously, Newpark Resources, Inc.’s analysts see 0.00 % EPS growth. The stock increased 1.60% or $0.15 during the last trading session, reaching $9.55. About 329,016 shares traded. Newpark Resources, Inc. (NYSE:NR) has risen 85.19% since January 22, 2017 and is uptrending. It has outperformed by 68.49% the S&P500.

Newpark Resources, Inc. (NYSE:NR) Ratings Coverage

Among 6 analysts covering Newpark Resources (NYSE:NR), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Newpark Resources had 13 analyst reports since September 4, 2015 according to SRatingsIntel. Tudor Pickering upgraded the stock to “Buy” rating in Monday, May 2 report. Cowen & Co downgraded Newpark Resources, Inc. (NYSE:NR) rating on Thursday, January 19. Cowen & Co has “Market Perform” rating and $8 target. The rating was maintained by Cowen & Co with “Hold” on Friday, October 6. The rating was upgraded by SunTrust on Thursday, November 2 to “Buy”. The stock of Newpark Resources, Inc. (NYSE:NR) has “Hold” rating given on Friday, July 7 by Cowen & Co. Capital One upgraded it to “Overweight” rating and $6 target in Wednesday, June 15 report. On Tuesday, February 16 the stock rating was maintained by Cowen & Co with “Outperform”. The rating was upgraded by Loop Capital on Thursday, January 5 to “Buy”. The rating was upgraded by Credit Suisse on Wednesday, June 1 to “Outperform”. The stock of Newpark Resources, Inc. (NYSE:NR) earned “Neutral” rating by Credit Suisse on Friday, September 4.

Newpark Resources, Inc., together with its subsidiaries, provides services and products primarily to the gas and oil exploration and production industry. The company has market cap of $852.21 million. The firm operates through two divisions, Fluids Systems and Mats and Integrated Services. It has a 251.32 P/E ratio. The Fluids Systems segment offers drilling fluids products and technical services for technical drilling projects involving complex subsurface conditions, including horizontal, directional, geologically deep, or deep water drilling.

More news for Newpark Resources, Inc. (NYSE:NR) were recently published by: Prnewswire.com, which released: “What’s Happening With These Oil & Gas Stocks? — Recon Technology, Newpark …” on January 08, 2018. Prnewswire.com‘s article titled: “Newpark Resources Announces Fourth Quarter 2017 Earnings Release And …” and published on January 05, 2018 is yet another important article.

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