Newpark Resources Stock Buy Hold or Sell Recommendation

NR Stock  USD 8.29  0.12  1.47%   
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Newpark Resources is 'Strong Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Newpark Resources given historical horizon and risk tolerance towards Newpark Resources. When Macroaxis issues a 'buy' or 'sell' recommendation for Newpark Resources, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Newpark Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
To learn how to invest in Newpark Stock, please use our How to Invest in Newpark Resources guide.
Note, we conduct extensive research on individual companies such as Newpark and provide practical buy, sell, or hold advice based on investors' constraints. Newpark Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Execute Newpark Resources Buy or Sell Advice

The Newpark recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Newpark Resources. Macroaxis does not own or have any residual interests in Newpark Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Newpark Resources' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Newpark ResourcesBuy Newpark Resources
Strong Hold

Market Performance

WeakDetails

Volatility

Somewhat reliableDetails

Hype Condition

Low keyDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Hyperactively responds to market trendsDetails

Investor Sentiment

InterestedDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Newpark Resources has a Risk Adjusted Performance of 0.0165, Jensen Alpha of (0.22), Total Risk Alpha of (0.35), Sortino Ratio of (0.04) and Treynor Ratio of 0.0101
We provide investment recommendation to complement the last-minute expert consensus on Newpark Resources. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available at the time. To make sure Newpark Resources is not overpriced, please verify all Newpark Resources fundamentals, including its book value per share, and the relationship between the net income and number of employees . Given that Newpark Resources has a price to earning of 41.78 X, we recommend you to check Newpark Resources market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your last-minute risk tolerance and investing horizon.

Newpark Resources Trading Alerts and Improvement Suggestions

Over 88.0% of the company shares are owned by institutional investors
Latest headline from thelincolnianonline.com: Newpark Resources, Inc. Receives Average Recommendation of Buy from Analysts

Newpark Resources Returns Distribution Density

The distribution of Newpark Resources' historical returns is an attempt to chart the uncertainty of Newpark Resources' future price movements. The chart of the probability distribution of Newpark Resources daily returns describes the distribution of returns around its average expected value. We use Newpark Resources price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Newpark Resources returns is essential to provide solid investment advice for Newpark Resources.
Mean Return
0.03
Value At Risk
-3.89
Potential Upside
3.73
Standard Deviation
2.43
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Newpark Resources historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Newpark Stock Institutional Investors

The Newpark Resources' institutional investors refer to entities that pool money to purchase Newpark Resources' securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
Shares
Boston Partners Global Investors, Inc2024-09-30
1.7 M
Punch & Associates Inv Mgmt Inc2024-09-30
1.4 M
Loomis, Sayles & Company Lp2024-06-30
1.3 M
Northern Trust Corp2024-09-30
1.1 M
Wellington Management Company Llp2024-06-30
1.1 M
Arrowstreet Capital Limited Partnership2024-06-30
M
Pennant Select Llc2024-09-30
990 K
Acadian Asset Management Llc2024-06-30
947.5 K
Ancora Advisors Llc2024-06-30
889.1 K
Blackrock Inc2024-06-30
6.6 M
Ameriprise Financial Inc2024-06-30
6.4 M
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 Resources Cash Flow Accounts

201920202021202220232024 (projected)
Change To Inventory699K39.9M(10.3M)(46.9M)2.3M2.4M
Change In Cash(7.4M)(26.5M)(859K)(4.4M)13.8M7.8M
Free Cash Flow27.5M40.0M(24.8M)(53.3M)70.8M74.3M
Depreciation47.1M45.3M42.2M38.6M31.4M30.1M
Other Non Cash Items8.6M24.7M(2.7M)32.8M5.2M4.9M
Capital Expenditures44.8M15.8M21.8M28.3M29.2M39.1M
Net Income(12.9M)(80.7M)(25.5M)(20.8M)14.5M15.2M
End Period Cash Flow56.9M30.3M29.5M25.1M38.9M40.5M
Change Receivables40.2M71.0M(61.3M)(42.5M)(48.8M)(46.4M)
Net Borrowings(8.8M)(77.1M)27.1M(1.4M)(1.2M)(1.3M)
Change To Netincome9.8M(17.8M)350K(1.9M)(1.7M)(1.6M)
Investments(49.8M)(3.4M)(17.5M)46.2M63.6M66.8M

Newpark Resources Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Newpark Resources or Energy Equipment & Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Newpark Resources' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Newpark stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
-0.22
β
Beta against Dow Jones2.04
σ
Overall volatility
2.48
Ir
Information ratio -0.04

Newpark Resources Volatility Alert

Newpark Resources currently demonstrates below-average downside deviation. It has Information Ratio of -0.04 and Jensen Alpha of -0.22. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Newpark Resources' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Newpark Resources' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Newpark Resources Fundamentals Vs Peers

Comparing Newpark Resources' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Newpark Resources' direct or indirect competition across all of the common fundamentals between Newpark Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Newpark Resources or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Newpark Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Newpark Resources by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Newpark Resources to competition
FundamentalsNewpark ResourcesPeer Average
Return On Equity0.0906-0.31
Return On Asset0.047-0.14
Profit Margin(0.21) %(1.27) %
Operating Margin0.03 %(5.51) %
Current Valuation698.08 M16.62 B
Shares Outstanding86.5 M571.82 M
Shares Owned By Insiders9.17 %10.09 %
Shares Owned By Institutions88.00 %39.21 %
Number Of Shares Shorted1.06 M4.71 M
Price To Earning41.78 X28.72 X
Price To Book2.23 X9.51 X
Price To Sales0.96 X11.42 X
Revenue749.6 M9.43 B
Gross Profit113.58 M27.38 B
EBITDA64.73 M3.9 B
Net Income14.52 M570.98 M
Cash And Equivalents23.18 M2.7 B
Cash Per Share0.21 X5.01 X
Total Debt92.44 M5.32 B
Debt To Equity0.36 %48.70 %
Current Ratio2.69 X2.16 X
Book Value Per Share3.66 X1.93 K
Cash Flow From Operations100 M971.22 M
Short Ratio1.76 X4.00 X
Earnings Per Share0.38 X3.12 X
Price To Earnings To Growth1.82 X4.89 X
Target Price11.25
Number Of Employees1.55 K18.84 K
Beta2.88-0.15
Market Capitalization717.06 M19.03 B
Total Asset642.34 M29.47 B
Retained Earnings10.77 M9.33 B
Working Capital220.94 M1.48 B
Note: Disposition of 16666 shares by Lori Briggs of Newpark Resources subject to Rule 16b-3 [view details]

Newpark Resources Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Newpark . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Newpark Resources Buy or Sell Advice

When is the right time to buy or sell Newpark Resources? Buying financial instruments such as Newpark Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Newpark Resources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Data Storage Theme
Companies making data storages or providing data storage services. The Data Storage theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Data Storage Theme or any other thematic opportunities.
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Additional 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.