Newpark Resources Stock Target Price and Analyst Consensus

NR Stock  USD 7.22  0.03  0.42%   
The current analyst and expert consensus on Newpark Resources is Strong Buy, with 1 strong buy opinions. The current projected Newpark Resources target price consensus is 4.0 with 3 analyst opinions. The most common way Newpark Resources analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Newpark Resources executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Newpark Resources. We encourage you to use your own analysis of Newpark Resources to validate this buy or sell advice. Newpark Resources buy-or-sell recommendation module provides average expert sentiment on the projected Newpark Resources target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Newpark Resources to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Newpark Stock, please use our How to Invest in Newpark Resources guide.
Lowest Forecast
3.64
Highest Forecast
4.44
Target Price
4
At this time, Newpark Resources' Operating Profit Margin is relatively stable compared to the past year. As of 03/29/2024, Gross Profit Margin is likely to grow to 0.20, while Gross Profit is likely to drop slightly above 89.2 M. At this time, Newpark Resources' Property Plant And Equipment Gross is relatively stable compared to the past year. As of 03/29/2024, Intangible Assets is likely to grow to about 33.6 M, while Total Current Liabilities is likely to drop slightly above 103.1 M.
  
It's important to approach Newpark Resources' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Newpark Resources Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Newpark target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Newpark Resources' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   3  Strong Buy
Most Newpark analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Newpark stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Newpark Resources, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Newpark Resources Target Price Projection

Newpark Resources' current and average target prices are 7.22 and 4.00, respectively. The current price of Newpark Resources is the price at which Newpark Resources is currently trading. On the other hand, Newpark Resources' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Newpark Resources Market Quote on 29th of March 2024

Low Price7.12Odds
High Price7.31Odds

7.22

Target Price

Analyst Consensus On Newpark Resources Target Price

Low Estimate3.64Odds
High Estimate4.44Odds

4.0

Historical Lowest Forecast  3.64 Target Price  4.0 Highest Forecast  4.44
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Newpark Resources and the information provided on this page.

Newpark Resources Analyst Ratings

Newpark Resources' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Newpark Resources stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Newpark Resources' financials, market performance, and future outlook by experienced professionals. Newpark Resources' historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Newpark Resources price targets

Newpark Resources' stock target price is an estimate of its future price, usually made by analysts. Using Newpark Resources' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Newpark Resources' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Newpark Resources' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Newpark Resources Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Newpark Resources is a key component of Newpark Resources valuation and have some predictive power on the future returns of a Newpark Resources.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Newpark Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
5.227.229.22
Details
Intrinsic
Valuation
LowRealHigh
4.976.978.98
Details
Naive
Forecast
LowNextHigh
4.966.968.96
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.040.050.06
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Newpark Resources. Your research has to be compared to or analyzed against Newpark Resources' peers to derive any actionable benefits. When done correctly, Newpark Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Newpark Resources.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Cleaning Idea
Cleaning
Invested over 100 shares
Business Services Idea
Business Services
Invested few shares
Macroaxis Index Idea
Macroaxis Index
Invested over 200 shares
Banking Idea
Banking
Invested over 40 shares
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 Macroaxis Advice on Newpark Resources to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Newpark Stock, please use our How to Invest in Newpark Resources guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for Newpark Stock analysis

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.
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Equity Valuation
Check real value of public entities based on technical and fundamental data
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
The data published in Newpark Resources' official financial statements usually reflect Newpark Resources' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Newpark Resources. For example, before you start analyzing numbers published by Newpark accountants, it's critical to develop an understanding of what Newpark Resources' liquidity, profitability, and earnings quality are in the context of the Energy Equipment & Services space in which it operates.
Please note, the presentation of Newpark Resources' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Newpark Resources' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Newpark Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Newpark Resources. Please utilize our Beneish M Score to check the likelihood of Newpark Resources' management manipulating its earnings.