Newpark Resources (NYSE:NR) is scheduled to be announcing its Q4 2017 earnings results after the market closes on Friday, February 9th. Analysts expect the company to announce earnings of $0.03 per share for the quarter.

Shares of Newpark Resources (NR) opened at $8.20 on Thursday. The company has a current ratio of 2.71, a quick ratio of 1.96 and a debt-to-equity ratio of 0.27. The stock has a market cap of $721.03, a P/E ratio of 211.30 and a beta of 1.54. Newpark Resources has a 1 year low of $6.40 and a 1 year high of $10.20.

In other news, Director G Stephen Finley sold 11,300 shares of the firm’s stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $8.79, for a total transaction of $99,327.00. Following the transaction, the director now directly owns 192,658 shares of the company’s stock, valued at $1,693,463.82. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David C. Anderson sold 17,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of $8.91, for a total transaction of $151,470.00. Following the transaction, the director now directly owns 170,841 shares in the company, valued at $1,522,193.31. The disclosure for this sale can be found here. Insiders have sold 40,423 shares of company stock worth $360,346 over the last ninety days. Insiders own 4.90% of the company’s stock.

Several equities research analysts have issued reports on NR shares. Zacks Investment Research upgraded shares of Newpark Resources from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a research report on Tuesday, October 24th. SunTrust Banks upgraded shares of Newpark Resources from a “hold” rating to a “buy” rating in a research report on Thursday, November 2nd. Finally, Cowen set a $10.00 price objective on shares of Newpark Resources and gave the stock a “hold” rating in a research report on Thursday, January 11th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $10.50.

TRADEMARK VIOLATION NOTICE: “Newpark Resources (NR) Set to Announce Earnings on Friday” was originally reported by Watch List News and is the sole property of of Watch List News. If you are reading this article on another site, it was illegally copied and republished in violation of US and international copyright and trademark law. The correct version of this article can be viewed at https://www.watchlistnews.com/newpark-resources-nr-set-to-announce-earnings-on-friday/1851166.html.

About Newpark Resources

Newpark Resources, Inc is a supplier providing products and services primarily to the oil and gas exploration and production (E&P) industry. The Company’s segments include Fluids Systems, and Mats and Integrated Services. The Fluids Systems segment provides drilling fluids products and technical services to customers in the North America; Europe, the Middle East and Africa; Latin America, and Asia Pacific regions.

Earnings History for Newpark Resources (NYSE:NR)

Receive News & Ratings for Newpark Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newpark Resources and related companies with MarketBeat.com's FREE daily email newsletter.