Sidoti Csr Forecasts Weaker Earnings for KLX Energy Services

KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) – Equities research analysts at Sidoti Csr reduced their Q2 2026 earnings per share (EPS) estimates for shares of KLX Energy Services in a report issued 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 forecast 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 announced its earnings results on Wednesday, August 7th. The company reported ($0.40) EPS for the quarter, beating analysts’ consensus estimates of ($0.72) by $0.32. The firm had revenue of $180.20 million for the quarter, compared to analysts’ expectations of $179.80 million. KLX Energy Services had a negative net margin of 6.45% and a negative return on equity of 244.12%.

Several other equities analysts have also issued reports on KLXE. Singular Research raised KLX Energy Services to a “strong-buy” rating in a research report on Monday, August 12th. Piper Sandler dropped their price target on shares of KLX Energy Services from $6.50 to $4.50 and set a “neutral” rating on the stock in a report on Monday, July 15th.

KLX Energy Services Trading Up 20.2 %

Shares of NASDAQ KLXE opened at $5.29 on Tuesday. The company has a debt-to-equity ratio of 105.76, a current ratio of 1.24 and a quick ratio of 1.08. The stock has a market cap of $89.19 million, a P/E ratio of -1.79 and a beta of 2.00. The firm has a 50-day moving average of $5.44 and a 200 day moving average of $5.66. KLX Energy Services has a 1 year low of $4.18 and a 1 year high of $12.13.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Sequoia Financial Advisors LLC purchased a new stake in KLX Energy Services in the 3rd quarter worth $58,000. Dimensional Fund Advisors LP boosted its stake in shares of KLX Energy Services by 90.9% in the second quarter. Dimensional Fund Advisors LP now owns 26,215 shares of the company’s stock worth $130,000 after acquiring an additional 12,485 shares during the period. Vanguard Group Inc. grew its position in shares of KLX Energy Services by 5.2% during the first quarter. Vanguard Group Inc. now owns 717,334 shares of the company’s stock worth $5,552,000 after purchasing an additional 35,189 shares in the last quarter. Cubist Systematic Strategies LLC bought a new stake in KLX Energy Services during the 2nd quarter valued at approximately $156,000. Finally, Virtu Financial LLC purchased a new position in KLX Energy Services in the 1st quarter worth approximately $122,000. Hedge funds and other institutional investors own 42.69% of the company’s stock.

About KLX Energy Services

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.