Q2 EPS Forecast for KLX Energy Services Reduced by Analyst

KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) – Analysts at Sidoti Csr cut their Q2 2026 earnings per share (EPS) estimates for KLX Energy Services in a note issued to investors on Monday, November 4th. Sidoti Csr analyst S. Ferazani now expects that the company will post earnings per share of $0.01 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.

KLXE has been the subject of several other research reports. Piper Sandler dropped their price target on KLX Energy Services from $6.50 to $4.50 and set a “neutral” rating for the company in a research report on Monday, July 15th. Singular Research raised shares of KLX Energy Services to a “strong-buy” rating in a research note on Monday, August 12th.

KLX Energy Services Trading Up 20.2 %

Shares of KLXE opened at $5.29 on Tuesday. KLX Energy Services has a fifty-two week low of $4.18 and a fifty-two week high of $12.13. The company has a debt-to-equity ratio of 105.76, a quick ratio of 1.08 and a current ratio of 1.24. The company’s fifty day moving average is $5.44 and its 200 day moving average is $5.66. The stock has a market capitalization of $89.19 million, a PE ratio of -1.79 and a beta of 2.00.

KLX Energy Services (NASDAQ:KLXE) last issued its quarterly earnings data on Wednesday, August 7th. The company reported ($0.40) earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $180.20 million for the quarter, compared to analysts’ expectations of $179.80 million.

Institutional Trading of KLX Energy Services

A number of hedge funds and other institutional investors have recently bought and sold shares of KLXE. Clifford Capital Partners LLC grew its holdings in shares of KLX Energy Services by 5.6% in the first quarter. Clifford Capital Partners LLC now owns 61,758 shares of the company’s stock worth $478,000 after purchasing an additional 3,295 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in KLX Energy Services by 89,460.0% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 8,956 shares of the company’s stock valued at $44,000 after buying an additional 8,946 shares during the period. Sequoia Financial Advisors LLC bought a new position in KLX Energy Services in the 3rd quarter worth about $58,000. Paloma Partners Management Co purchased a new position in shares of KLX Energy Services during the first quarter worth approximately $91,000. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of 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. Hedge funds and other institutional investors 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.