Q4 EPS Estimates for Nine Energy Service Raised by Sidoti

Nine Energy Service, Inc. (NYSEAMERICAN:NINE) – Research analysts at Sidoti upped their Q4 2026 EPS estimates for shares of Nine Energy Service in a report issued on Wednesday, November 11th. Sidoti analyst S. Ferazani now forecasts that the company will post earnings of ($0.28) per share 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 Stock Performance

NINE opened at $7.16 on Friday. Nine Energy Service has a twelve month low of $6.50 and a twelve month high of $13.23. 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 company has a 50-day moving average price of $8.41 and a 200 day moving average price of $9.87.

Nine Energy Service (NYSEAMERICAN:NINE) last posted its quarterly earnings data on Monday, November 9th. The company reported ($0.36) earnings per share (EPS) for the quarter, beating the consensus estimate 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.

Hedge Funds Weigh In On Nine Energy Service

Hedge funds have recently made changes to their positions in the company. State Street Corp lifted its position 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 acquiring an additional 13,943 shares in the last quarter. Jefferies Financial Group Inc. purchased a new stake in shares of Nine Energy Service during the third quarter worth approximately $128,000. Finally, Cygnus Capital Advisors LLC purchased a new stake in shares of Nine Energy Service during the second quarter worth approximately $6,510,000. Institutional investors and hedge funds own 57.61% of the company’s stock.

About Nine Energy Service

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.