Newpark Stock Analysis

Newpark Stock Analysis Notes

About 15.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.89. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Newpark Resources has Price/Earnings To Growth (PEG) ratio of 1.82. The entity recorded a loss per share of 0.08. The firm last dividend was issued on the 11th of February 1983. Newpark Resources had 2:1 split on the 28th of November 1997. Newpark Resources, Inc. provides products, rentals, and services primarily to the oil and natural gas exploration and production industry. Newpark Resources, Inc. was incorporated in 1932 and is headquartered in The Woodlands, Texas. Newpark Resources operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 1565 people. To find out more about Newpark Resources contact Paul Howes at 281 362 6800 or learn more at https://www.newpark.com.

Newpark Resources Investment Alerts

Newpark Resources Upcoming and Recent Events

Newpark Resources SEC Filings

Newpark Resources Thematic Classifications

Newpark Stock Institutional Investors

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 Market Capitalization

The company currently falls under 'Small-Cap' category with a market capitalization of 599.88 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Newpark Resources's market, we take the total number of its shares issued and multiply it by Newpark Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Newpark Profitablity

The company has Net Profit Margin (PM) of (0.01) %, which may indicate that it does not properly execute on its own pricing strategies. This is way below average. Likewise, it shows Net Operating Margin (NOM) of 0.04 %, which signifies that for every $100 of sales, it has a net operating income of $0.04.

Management Efficiency

Newpark Resources has Return on Asset (ROA) of 0.0297 % which means that for every $100 of assets, it generated a profit of $0.0297. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.0192) %, which implies that it produced no returns to current stockholders. Newpark Resources' management efficiency ratios could be used to measure how well Newpark Resources manages its routine affairs as well as how well it operates its assets and liabilities. As of 09/30/2023, Return on Investment is likely to drop to -2.47. In addition to that, Return on Average Assets is likely to drop to -0.03. Newpark Resources Average Assets are relatively stable at the moment as compared to the past year. Newpark Resources reported last year Average Assets of 749.97 Million. As of 09/30/2023, Tangible Asset Value is likely to grow to about 673.2 M, while Revenue to Assets are likely to drop 1.14.

Technical Drivers

As of the 30th of September, Newpark Resources secures the Downside Deviation of 2.19, mean deviation of 1.61, and Risk Adjusted Performance of 0.1275. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Newpark Resources, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Newpark Resources, which can be compared to its peers in the industry. Please verify Newpark Resources jensen alpha and semi variance to decide if Newpark Resources is priced some-what accurately, providing market reflects its recent price of 6.91 per share. Given that Newpark Resources has jensen alpha of 0.4482, we recommend you to check Newpark Resources's last-minute market performance to make sure the company can sustain itself at a future point.

Newpark Resources Price Movement Analysis

Newpark Resources Insider Trading Activities

Newpark Resources Technical and Predictive Indicators

Newpark Resources Forecast Models

Newpark Resources' time-series forecasting models are one of many Newpark Resources' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Newpark Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Newpark Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Newpark shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Newpark Resources. By using and applying Newpark Stock analysis, traders can create a robust methodology for identifying Newpark entry and exit points for their positions.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 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 producer price index. To learn how to invest in Newpark Stock, please use our How to Invest in Newpark Resources guide. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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.

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.

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.