Q4 EPS Estimate for Nine Energy Service Raised by Analyst

Nine Energy Service, Inc. (NYSEAMERICAN:NINE) – Equities researchers at Sidoti raised their Q4 2026 earnings per share estimates for Nine Energy Service in a research note issued on Wednesday, November 11th. Sidoti analyst S. Ferazani now forecasts that the company will post earnings per share of ($0.28) for the quarter, up from their previous estimate of ($0.43). The consensus estimate for Nine Energy Service’s current full-year earnings is $4.56 per share.

Nine Energy Service Price Performance

Shares of NYSEAMERICAN:NINE opened at $7.16 on Friday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.68 and a current ratio of 2.33. The business has a fifty day moving average of $8.41 and a two-hundred day moving average of $9.87. Nine Energy Service has a 52-week low of $6.50 and a 52-week high of $13.23.

Nine Energy Service (NYSEAMERICAN:NINE) last announced its quarterly earnings data on Monday, November 9th. The company reported ($0.36) EPS for the quarter, topping analysts’ consensus estimates of ($0.41) by $0.05. The company had revenue of $142.01 million for the quarter, compared to analysts’ expectations of $138.95 million.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of NINE. State Street Corp grew its holdings in shares of Nine Energy Service by 58.8% in the third quarter. State Street Corp now owns 37,669 shares of the company’s stock valued at $285,000 after purchasing an additional 13,943 shares during the period. Jefferies Financial Group Inc. acquired a new stake in Nine Energy Service during the third quarter worth about $128,000. Finally, Cygnus Capital Advisors LLC purchased a new position in Nine Energy Service during the second quarter worth about $6,510,000. Institutional investors and hedge funds own 57.61% of the company’s stock.

Nine Energy Service Company Profile

Nine Energy Service is an oilfield services company that provides completion services to onshore oil and natural gas operators. Its work supports the development of unconventional resources, including shale formations. The company’s services include cementing, wireline, coiled tubing, directional drilling and completion tools. These offerings help customers prepare wells for production and carry out work during the completion process. Based in Houston, Texas, Nine Energy Service operates primarily in North America, serving oil and gas activity in U.S. shale basins and other onshore markets.