Sidoti Csr Cuts Earnings Estimates for KLX Energy Services

KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) – Equities research analysts at Sidoti Csr reduced their Q2 2026 earnings per share estimates for KLX Energy Services in a report issued on Monday, November 4th. Sidoti Csr analyst S. Ferazani now anticipates that the company will post earnings of $0.01 per share for the quarter, down from their prior estimate 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 posted its quarterly earnings data on Wednesday, August 7th. The company reported ($0.40) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.72) by $0.32. KLX Energy Services had a negative return on equity of 244.12% and a negative net margin of 6.45%. The company had revenue of $180.20 million during the quarter, compared to analysts’ expectations of $179.80 million.

Several other research firms also recently weighed in on KLXE. Singular Research upgraded shares of KLX Energy Services to a “strong-buy” rating in a report on Monday, August 12th. Piper Sandler lowered their price target on shares of KLX Energy Services from $6.50 to $4.50 and set a “neutral” rating for the company in a report on Monday, July 15th.

KLX Energy Services Trading Up 1.9 %

NASDAQ:KLXE opened at $4.33 on Tuesday. The company has a current ratio of 1.24, a quick ratio of 1.08 and a debt-to-equity ratio of 105.76. KLX Energy Services has a 1 year low of $4.18 and a 1 year high of $12.13. The stock has a fifty day moving average price of $5.60 and a two-hundred day moving average price of $5.70.

Institutional Investors Weigh In On KLX Energy Services

Institutional investors have recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC increased its stake in KLX Energy Services by 89,460.0% during the second quarter. Allspring Global Investments Holdings LLC now owns 8,956 shares of the company’s stock worth $44,000 after acquiring an additional 8,946 shares during the last quarter. Sequoia Financial Advisors LLC purchased a new stake in KLX Energy Services during the 3rd quarter worth $58,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of KLX Energy Services in the second quarter worth about $84,000. Paloma Partners Management Co acquired a new position in shares of KLX Energy Services in the 1st quarter valued at approximately $91,000. Finally, Virtu Financial LLC acquired a new position in KLX Energy Services during the 1st quarter worth $122,000. 42.69% of the stock is currently owned by hedge funds and other institutional investors.

KLX Energy Services Company Profile

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.