Sidoti Csr Cuts Earnings Estimates for KLX Energy Services

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

A number of other equities analysts have also weighed in on KLXE. Piper Sandler reduced their price objective on KLX Energy Services from $6.50 to $4.50 and set a “neutral” rating for the company in a research note on Monday, July 15th. Singular Research upgraded KLX Energy Services to a “strong-buy” rating in a research report on Monday, August 12th.

KLX Energy Services Trading Up 1.6 %

NASDAQ KLXE opened at $4.40 on Tuesday. KLX Energy Services has a 1 year low of $4.18 and a 1 year high of $12.13. The company has a debt-to-equity ratio of 105.76, a current ratio of 1.24 and a quick ratio of 1.08. The company has a market capitalization of $74.18 million, a PE ratio of -1.45 and a beta of 2.00. The company has a fifty day moving average of $5.54 and a 200 day moving average of $5.68.

Institutional Trading of KLX Energy Services

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC acquired a new position in shares of KLX Energy Services in the third quarter worth about $58,000. Dimensional Fund Advisors LP grew its holdings in KLX Energy Services by 90.9% in the second quarter. Dimensional Fund Advisors LP now owns 26,215 shares of the company’s stock valued at $130,000 after purchasing an additional 12,485 shares during the period. Vanguard Group Inc. increased its position in shares of KLX Energy Services by 5.2% in the first quarter. Vanguard Group Inc. now owns 717,334 shares of the company’s stock valued at $5,552,000 after buying an additional 35,189 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new stake in shares of KLX Energy Services in the second quarter valued at approximately $156,000. Finally, Virtu Financial LLC acquired a new position in shares of KLX Energy Services during the 1st quarter worth approximately $122,000. Institutional investors and hedge funds own 42.69% of the company’s stock.

About KLX Energy Services

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.