Analyzing Newpark Resources (NR) & Its Competitors
Newpark Resources (NYSE: NR) is one of 56 public companies in the “Oil Related Services and Equipment” industry, but how does it contrast to its peers? We will compare Newpark Resources to similar companies based on the strength of its analyst recommendations, institutional ownership, valuation, risk, dividends, profitability and earnings.
Volatility & Risk
Newpark Resources has a beta of 1.61, suggesting that its share price is 61% more volatile than the S&P 500. Comparatively, Newpark Resources’ peers have a beta of 1.57, suggesting that their average share price is 57% more volatile than the S&P 500.
Insider and Institutional Ownership
65.8% of shares of all “Oil Related Services and Equipment” companies are owned by institutional investors. 4.9% of Newpark Resources shares are owned by company insiders. Comparatively, 11.9% of shares of all “Oil Related Services and Equipment” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
This is a breakdown of current recommendations for Newpark Resources and its peers, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Newpark Resources Competitors||500||2212||2928||125||2.46|
Newpark Resources currently has a consensus target price of $9.25, indicating a potential downside of 2.63%. As a group, “Oil Related Services and Equipment” companies have a potential upside of 30.13%. Given Newpark Resources’ peers higher probable upside, analysts clearly believe Newpark Resources has less favorable growth aspects than its peers.
This table compares Newpark Resources and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Newpark Resources Competitors||-18.70%||-17.92%||-6.15%|
Earnings & Valuation
This table compares Newpark Resources and its peers gross revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Newpark Resources||$583.35 million||$24.26 million||-63.33|
|Newpark Resources Competitors||$2.00 billion||$269.51 million||-39.54|
Newpark Resources’ peers have higher revenue and earnings than Newpark Resources. Newpark Resources is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
About Newpark Resources
Newpark Resources, Inc. is a supplier providing products and services primarily to the oil and gas exploration and production (E&P) industry. The Company’s segments include Fluids Systems, and Mats and Integrated Services. The Fluids Systems segment provides drilling fluids products and technical services to customers in the North America; Europe, the Middle East and Africa; Latin America, and Asia Pacific regions. The Mats and Integrated Services segment provides composite mat rentals, as well as location construction and related site services, to customers at well, production, transportation and refinery locations in the United States. It manufactures and sells composite mats to customers outside of the United States, and to domestic customers outside of the oil and gas exploration market. The Fluids Systems segment offers customized solutions for technical drilling projects involving subsurface conditions, such as horizontal, directional, geologically deep or deep water drilling.
Receive News & Ratings for Newpark Resources Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newpark Resources Inc. and related companies with MarketBeat.com's FREE daily email newsletter.