Newpark Resources Stock Buy Hold or Sell Recommendation

NR Stock  USD 7.11  0.01  0.14%   
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Newpark Resources is 'Hold'. Macroaxis provides Newpark Resources buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NR positions. The advice algorithm takes into account all of Newpark Resources' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Osisko Gold Ro's buy or sell advice are summarized below:
Real Value
5.42
Target Price
4
Hype Value
7.11
Market Value
7.11
Naive Value
7.25
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Newpark Resources given historical horizon and risk tolerance towards Newpark Resources. When Macroaxis issues a 'buy' or 'sell' recommendation for Newpark Resources, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Newpark Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
To learn how to invest in Newpark Stock, please use our How to Invest in Newpark Resources guide.
In addition, we conduct extensive research on individual companies such as Newpark and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Newpark Resources. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Execute Newpark Resources Buy or Sell Advice

The Newpark recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Newpark Resources. Macroaxis does not own or have any residual interests in Newpark Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Newpark Resources' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Newpark ResourcesBuy Newpark Resources
Hold

Market Performance

Very WeakDetails

Volatility

Somewhat reliableDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Follows the market closelyDetails

Investor Sentiment

InterestedDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Newpark Resources has a Risk Adjusted Performance of 0.0446, Jensen Alpha of (0.01), Total Risk Alpha of (0.31), Sortino Ratio of (0.01) and Treynor Ratio of 0.124
We provide investment recommendation to complement the last-minute expert consensus on Newpark Resources. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available at the time. To make sure Newpark Resources is not overpriced, please verify all Newpark Resources fundamentals, including its book value per share, and the relationship between the net income and number of employees . Given that Newpark Resources has a price to earning of 41.78 X, we recommend you to check Newpark Resources market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your last-minute risk tolerance and investing horizon.

Newpark Resources Trading Alerts and Improvement Suggestions

Over 83.0% of the company shares are owned by institutional investors
Latest headline from MacroaxisInsider: Acquisition by Gregg Piontek of 43791 shares of Newpark Resources subject to Rule 16b-3

Newpark Resources Returns Distribution Density

The distribution of Newpark Resources' historical returns is an attempt to chart the uncertainty of Newpark Resources' future price movements. The chart of the probability distribution of Newpark Resources stock daily returns describes the distribution of returns around its average expected value. We use Newpark Resources price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Newpark Resources returns is essential to provide solid investment advice for Newpark Resources.
Mean Return
0.12
Value At Risk
-3.65
Potential Upside
3.61
Standard Deviation
1.98
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Newpark Resources historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Newpark Stock 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 originates 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
Fmr Inc2023-12-31
1.2 M
Hotchkis & Wiley Capital Management Llc2023-12-31
1.2 M
Acadian Asset Management Llc2023-12-31
1.2 M
Northern Trust Corp2023-12-31
1.2 M
Two Sigma Investments Llc2023-12-31
1.2 M
Two Sigma Advisers, Llc2023-12-31
1.1 M
American Century Companies Inc2023-12-31
1.1 M
Nuveen Asset Management, Llc2023-12-31
1.1 M
Putnam Investments Llc2023-12-31
938.6 K
Ameriprise Financial Inc2023-12-31
6.4 M
Blackrock Inc2023-12-31
6.2 M
Note, although Newpark Resources' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Newpark Resources Cash Flow Accounts

201920202021202220232024 (projected)
Change To Inventory699K39.9M(10.3M)(46.9M)2.3M2.4M
Change In Cash(7.4M)(26.5M)(859K)(4.4M)13.8M7.8M
Free Cash Flow27.5M40.0M(24.8M)(53.3M)70.8M74.3M
Depreciation47.1M45.3M42.2M38.6M31.4M30.1M
Other Non Cash Items8.6M24.7M(2.7M)32.8M5.2M4.9M
Capital Expenditures44.8M15.8M21.8M28.3M29.2M39.1M
Net Income(12.9M)(80.7M)(25.5M)(20.8M)14.5M15.2M
End Period Cash Flow56.9M30.3M29.5M25.1M38.9M40.5M
Change Receivables40.2M71.0M(61.3M)(42.5M)(48.8M)(46.4M)
Net Borrowings(8.8M)(77.1M)27.1M(1.4M)(1.2M)(1.3M)
Change To Netincome9.8M(17.8M)350K(1.9M)(1.7M)(1.6M)
Investments(49.8M)(3.4M)(17.5M)46.2M63.6M66.8M

Newpark Resources Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Newpark Resources or Energy Equipment & Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Newpark Resources' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Newpark stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.0085
β
Beta against NYSE Composite0.87
σ
Overall volatility
1.99
Ir
Information ratio -0.01

Newpark Resources Volatility Alert

Newpark Resources currently demonstrates below-average downside deviation. It has Information Ratio of -0.01 and Jensen Alpha of -0.01. However, we advise investors to further question Newpark Resources expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Newpark Resources' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Newpark Resources' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Newpark Resources Fundamentals Vs Peers

Comparing Newpark Resources' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Newpark Resources' direct or indirect competition across all of the common fundamentals between Newpark Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Newpark Resources or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Newpark Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Newpark Resources by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Newpark Resources to competition
FundamentalsNewpark ResourcesPeer Average
Return On Equity0.0346-0.31
Return On Asset0.0342-0.14
Profit Margin0.02 %(1.27) %
Operating Margin0.04 %(5.51) %
Current Valuation660.48 M16.62 B
Shares Outstanding85.2 M571.82 M
Shares Owned By Insiders10.20 %10.09 %
Shares Owned By Institutions83.01 %39.21 %
Number Of Shares Shorted1.13 M4.71 M
Price To Earning41.78 X28.72 X
Price To Book1.46 X9.51 X
Price To Sales0.81 X11.42 X
Revenue749.6 M9.43 B
Gross Profit113.58 M27.38 B
EBITDA71.36 M3.9 B
Net Income14.52 M570.98 M
Cash And Equivalents23.18 M2.7 B
Cash Per Share0.21 X5.01 X
Total Debt92.44 M5.32 B
Debt To Equity0.36 %48.70 %
Current Ratio2.69 X2.16 X
Book Value Per Share4.88 X1.93 K
Cash Flow From Operations100 M971.22 M
Short Ratio1.60 X4.00 X
Earnings Per Share0.16 X3.12 X
Price To Earnings To Growth1.82 X4.89 X
Target Price11.33
Number Of Employees1.55 K18.84 K
Beta2.75-0.15
Market Capitalization606.64 M19.03 B
Total Asset642.34 M29.47 B
Retained Earnings10.77 M9.33 B
Working Capital220.94 M1.48 B
Note: Acquisition by Gregg Piontek of 43791 shares of Newpark Resources subject to Rule 16b-3 [view details]

Newpark Resources Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Newpark . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Newpark Resources Buy or Sell Advice

When is the right time to buy or sell Newpark Resources? Buying financial instruments such as Newpark Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total137.2M133.9M92.4M156.2M
Total Assets752.9M714.9M642.3M628.4M

Use Investing Ideas to Build Portfolios

In addition to having Newpark Resources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Candy and Soda Thematic Idea Now

Candy and Soda
Candy and Soda Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Candy and Soda theme has 13 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Candy and Soda Theme or any other thematic opportunities.
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When determining whether Newpark Resources is a strong investment it is important to analyze Newpark Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Newpark Resources' future performance. For an informed investment choice regarding Newpark Stock, refer to the following important reports:
Check out Newpark Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
To learn how to invest in Newpark Stock, please use our How to Invest in Newpark Resources guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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Is Newpark Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Newpark Resources. If investors know Newpark will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Newpark Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.192
Earnings Share
0.16
Revenue Per Share
8.676
Quarterly Revenue Growth
(0.26)
Return On Assets
0.0342
The market value of Newpark Resources is measured differently than its book value, which is the value of Newpark that is recorded on the company's balance sheet. Investors also form their own opinion of Newpark Resources' value that differs from its market value or its book value, called intrinsic value, which is Newpark Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Newpark Resources' market value can be influenced by many factors that don't directly affect Newpark Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Newpark Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Newpark Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newpark Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.