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

January 13, 2018 - By Henry Gaston

 $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 dropped, 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.
Piedmont Invest Advsrs Lc holds 0% of its portfolio in Newpark Resources, Inc. (NYSE:NR) for 18,648 shares. Swiss National Bank holds 0% or 148,600 shares. Bancorporation Of Ny Mellon invested in 3.55 million shares or 0.01% of the stock. Tci Wealth Inc has invested 0% in Newpark Resources, Inc. (NYSE:NR). California Pub Employees Retirement Sys reported 0% stake. Moreover, Bankshares Of America De has 0% invested in Newpark Resources, Inc. (NYSE:NR) for 787,154 shares. Ls Inv Ltd Llc stated it has 2,806 shares. State Of Alaska Department Of Revenue, a Alaska-based fund reported 17,584 shares. Nj State Employees Deferred Compensation Plan owns 100,000 shares. Tortoise Capital Advsr Ltd Liability Corporation has invested 0% in Newpark Resources, Inc. (NYSE:NR). Manufacturers Life The invested in 0% or 65,989 shares. Public Employees Retirement Systems Of Ohio has 15,129 shares for 0% of their portfolio. Sg Americas Ltd Liability owns 19,392 shares. Raymond James Financial Ser Advisors reported 11,375 shares or 0% of all its holdings. Tcw Group Inc holds 0.04% or 542,839 shares.

Since August 1, 2017, it had 0 insider purchases, and 1 insider 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 82.08 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 2.60% or $0.25 during the last trading session, reaching $9.85. About 646,991 shares traded or 51.48% up from the average. Newpark Resources, Inc. (NYSE:NR) has risen 85.19% since January 13, 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. Cowen & Co maintained the shares of NR in report on Thursday, January 11 with “Hold” rating. As per Thursday, January 19, the company rating was downgraded by Cowen & Co. The company was upgraded on Thursday, November 2 by SunTrust. The stock has “Buy” rating by Loop Capital on Thursday, January 5. The firm has “Outperform” rating given on Wednesday, June 1 by Credit Suisse. The company was maintained on Friday, October 6 by Cowen & Co. Credit Suisse maintained the shares of NR in report on Friday, September 4 with “Neutral” rating. The rating was upgraded by Tudor Pickering to “Buy” on Monday, May 2. The stock of Newpark Resources, Inc. (NYSE:NR) has “Outperform” rating given on Monday, July 18 by Credit Suisse. Cowen & Co maintained the shares of NR in report on Tuesday, February 16 with “Outperform” rating.

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 $878.98 million. The firm operates through two divisions, Fluids Systems and Mats and Integrated Services. It has a 259.21 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 recent Newpark Resources, Inc. (NYSE:NR) news were published by: Prnewswire.com which released: “What’s Happening With These Oil & Gas Stocks? — Recon Technology, Newpark …” on January 08, 2018. Also Streetinsider.com published the news titled: “Newpark Resources (NR) Appoints Rose Robeson to Board” on December 20, 2017. Prnewswire.com‘s news article titled: “Newpark Resources Announces Fourth Quarter 2017 Earnings Release And …” with publication date: January 05, 2018 was also an interesting one.

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