Sidoti Csr Lowers Earnings Estimates for KLX Energy Services

KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) – Equities researchers at Sidoti Csr lowered their Q1 2026 earnings per share estimates for shares of KLX Energy Services in a research report issued on Wednesday, October 22nd. Sidoti Csr analyst S. Ferazani now anticipates that the company will post earnings per share of ($1.19) for the quarter, down from their prior estimate of ($1.01). The consensus estimate for KLX Energy Services’ current full-year earnings is ($2.79) per share. Sidoti Csr also issued estimates for KLX Energy Services’ Q2 2026 earnings at ($0.95) EPS, Q3 2026 earnings at ($0.62) EPS, Q4 2026 earnings at ($0.72) EPS and FY2026 earnings at ($3.49) EPS.

KLXE has been the subject of a number of other reports. Wall Street Zen raised KLX Energy Services from a “sell” rating to a “hold” rating in a research note on Saturday, August 16th. Weiss Ratings reiterated a “sell (e+)” rating on shares of KLX Energy Services in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

KLX Energy Services Stock Performance

NASDAQ KLXE opened at $1.78 on Monday. The stock has a fifty day moving average of $1.87 and a 200-day moving average of $1.93. The stock has a market capitalization of $31.76 million, a P/E ratio of -0.44 and a beta of 0.95. KLX Energy Services has a 52 week low of $1.46 and a 52 week high of $7.40.

KLX Energy Services (NASDAQ:KLXE) last posted its earnings results on Tuesday, August 26th. The company reported ($0.88) EPS for the quarter. The company had revenue of $159.00 million during the quarter.

Hedge Funds Weigh In On KLX Energy Services

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Personalized Indexing Management LLC boosted its stake in shares of KLX Energy Services by 160.6% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 36,668 shares of the company’s stock valued at $69,000 after buying an additional 22,600 shares during the period. XTX Topco Ltd acquired a new position in shares of KLX Energy Services during the 1st quarter worth $55,000. Mesirow Financial Investment Management Inc. raised its holdings in shares of KLX Energy Services by 120.0% during the 1st quarter. Mesirow Financial Investment Management Inc. now owns 22,000 shares of the company’s stock worth $77,000 after buying an additional 12,000 shares in the last quarter. PDT Partners LLC raised its holdings in shares of KLX Energy Services by 54.9% during the 1st quarter. PDT Partners LLC now owns 43,023 shares of the company’s stock worth $151,000 after buying an additional 15,243 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in shares of KLX Energy Services by 45.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 18,067 shares of the company’s stock worth $63,000 after buying an additional 5,658 shares in the last quarter. 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.