Sidoti Csr Lowers Earnings Estimates for KLX Energy Services

KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) – Analysts at Sidoti Csr dropped their Q2 2026 earnings per share estimates for KLX Energy Services in a research note issued to investors on Monday, November 4th. Sidoti Csr analyst S. Ferazani now forecasts that the company will post earnings per share of $0.01 for the quarter, down from their prior estimate of $0.02. The consensus estimate for KLX Energy Services’ current full-year earnings is ($2.85) per share. Sidoti Csr also issued estimates for KLX Energy Services’ Q3 2026 earnings at $0.08 EPS.

KLX Energy Services (NASDAQ:KLXE) last released its earnings results on Wednesday, August 7th. The company reported ($0.40) EPS for the quarter, topping analysts’ consensus estimates of ($0.72) by $0.32. KLX Energy Services had a negative net margin of 6.45% and a negative return on equity of 244.12%. The company had revenue of $180.20 million during the quarter, compared to analysts’ expectations of $179.80 million.

A number of other research analysts also recently issued reports on the stock. Singular Research upgraded shares of KLX Energy Services to a “strong-buy” rating in a research report on Monday, August 12th. Piper Sandler lowered their target price on KLX Energy Services from $6.50 to $4.50 and set a “neutral” rating on the stock in a research note on Monday, July 15th.

KLX Energy Services Trading Up 1.9 %

KLX Energy Services stock opened at $4.33 on Tuesday. The company has a quick ratio of 1.08, a current ratio of 1.24 and a debt-to-equity ratio of 105.76. KLX Energy Services has a 52 week low of $4.18 and a 52 week high of $12.13. The stock has a 50-day moving average price of $5.60 and a 200 day moving average price of $5.70.

Institutional Trading of KLX Energy Services

A number of hedge funds have recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC increased its holdings in KLX Energy Services by 89,460.0% in the second quarter. Allspring Global Investments Holdings LLC now owns 8,956 shares of the company’s stock valued at $44,000 after buying an additional 8,946 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new position in KLX Energy Services in the 3rd quarter worth about $58,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in KLX Energy Services during the second quarter worth approximately $84,000. Paloma Partners Management Co acquired a new stake in KLX Energy Services in the first quarter valued at approximately $91,000. Finally, Virtu Financial LLC purchased a new stake in shares of KLX Energy Services in the first quarter valued at approximately $122,000. 42.69% of the stock is owned by hedge funds and other institutional investors.

KLX Energy Services Company Profile

KLX Energy Services Holdings, Inc provides drilling, completions, production, and well intervention services and products to the onshore oil and gas producing regions of the United States. The company operates through three segments: Southwest, Rocky Mountains, and Northeast/Mid-Con. It provides directional drilling services; downhole navigational and rental tools businesses and support services, including well planning, site supervision, accommodation rentals, and other drilling rentals; and various technologies, including gamma ray, azimuthal gamma ray, real-time continuous inclination and azimuth, rotary steerable, pressure-while-drilling, mode shifting, stick-slip and destructive dynamics, dynamic sequencing and real-time shock, and vibration modules.