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.
Newpark |
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
Hold
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
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 Inc | 2023-12-31 | 1.2 M | Hotchkis & Wiley Capital Management Llc | 2023-12-31 | 1.2 M | Acadian Asset Management Llc | 2023-12-31 | 1.2 M | Northern Trust Corp | 2023-12-31 | 1.2 M | Two Sigma Investments Llc | 2023-12-31 | 1.2 M | Two Sigma Advisers, Llc | 2023-12-31 | 1.1 M | American Century Companies Inc | 2023-12-31 | 1.1 M | Nuveen Asset Management, Llc | 2023-12-31 | 1.1 M | Putnam Investments Llc | 2023-12-31 | 938.6 K | Ameriprise Financial Inc | 2023-12-31 | 6.4 M | Blackrock Inc | 2023-12-31 | 6.2 M |
Newpark Resources Cash Flow Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change To Inventory | 699K | 39.9M | (10.3M) | (46.9M) | 2.3M | 2.4M | |
Change In Cash | (7.4M) | (26.5M) | (859K) | (4.4M) | 13.8M | 7.8M | |
Free Cash Flow | 27.5M | 40.0M | (24.8M) | (53.3M) | 70.8M | 74.3M | |
Depreciation | 47.1M | 45.3M | 42.2M | 38.6M | 31.4M | 30.1M | |
Other Non Cash Items | 8.6M | 24.7M | (2.7M) | 32.8M | 5.2M | 4.9M | |
Capital Expenditures | 44.8M | 15.8M | 21.8M | 28.3M | 29.2M | 39.1M | |
Net Income | (12.9M) | (80.7M) | (25.5M) | (20.8M) | 14.5M | 15.2M | |
End Period Cash Flow | 56.9M | 30.3M | 29.5M | 25.1M | 38.9M | 40.5M | |
Change Receivables | 40.2M | 71.0M | (61.3M) | (42.5M) | (48.8M) | (46.4M) | |
Net Borrowings | (8.8M) | (77.1M) | 27.1M | (1.4M) | (1.2M) | (1.3M) | |
Change To Netincome | 9.8M | (17.8M) | 350K | (1.9M) | (1.7M) | (1.6M) | |
Investments | (49.8M) | (3.4M) | (17.5M) | 46.2M | 63.6M | 66.8M |
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 Composite | 0.87 | |
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 |
Fundamentals | Newpark Resources | Peer Average |
Return On Equity | 0.0346 | -0.31 |
Return On Asset | 0.0342 | -0.14 |
Profit Margin | 0.02 % | (1.27) % |
Operating Margin | 0.04 % | (5.51) % |
Current Valuation | 660.48 M | 16.62 B |
Shares Outstanding | 85.2 M | 571.82 M |
Shares Owned By Insiders | 10.20 % | 10.09 % |
Shares Owned By Institutions | 83.01 % | 39.21 % |
Number Of Shares Shorted | 1.13 M | 4.71 M |
Price To Earning | 41.78 X | 28.72 X |
Price To Book | 1.46 X | 9.51 X |
Price To Sales | 0.81 X | 11.42 X |
Revenue | 749.6 M | 9.43 B |
Gross Profit | 113.58 M | 27.38 B |
EBITDA | 71.36 M | 3.9 B |
Net Income | 14.52 M | 570.98 M |
Cash And Equivalents | 23.18 M | 2.7 B |
Cash Per Share | 0.21 X | 5.01 X |
Total Debt | 92.44 M | 5.32 B |
Debt To Equity | 0.36 % | 48.70 % |
Current Ratio | 2.69 X | 2.16 X |
Book Value Per Share | 4.88 X | 1.93 K |
Cash Flow From Operations | 100 M | 971.22 M |
Short Ratio | 1.60 X | 4.00 X |
Earnings Per Share | 0.16 X | 3.12 X |
Price To Earnings To Growth | 1.82 X | 4.89 X |
Target Price | 11.33 | |
Number Of Employees | 1.55 K | 18.84 K |
Beta | 2.75 | -0.15 |
Market Capitalization | 606.64 M | 19.03 B |
Total Asset | 642.34 M | 29.47 B |
Retained Earnings | 10.77 M | 9.33 B |
Working Capital | 220.94 M | 1.48 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 Total | 137.2M | 133.9M | 92.4M | 156.2M | Total Assets | 752.9M | 714.9M | 642.3M | 628.4M |
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
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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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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When running Newpark Resources' price analysis, check to measure Newpark Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Newpark Resources is operating at the current time. Most of Newpark Resources' value examination focuses on studying past and present price action to predict the probability of Newpark Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newpark Resources' price. Additionally, you may evaluate how the addition of Newpark Resources to your portfolios can decrease your overall portfolio volatility.
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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.