Q3 EPS Estimate for KLX Energy Services Decreased by Analyst

KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) – Equities research analysts at Sidoti lowered their Q3 2026 EPS estimates for shares of KLX Energy Services in a report issued on Tuesday, September 29th. Sidoti analyst S. Ferazani now expects that the company will post earnings per share of ($0.35) for the quarter, down from their prior forecast of ($0.12). The consensus estimate for KLX Energy Services’ current full-year earnings is ($1.18) per share. Sidoti also issued estimates for KLX Energy Services’ FY2026 earnings at ($1.18) EPS, Q3 2027 earnings at ($0.01) EPS and FY2027 earnings at ($0.19) EPS.

Separately, Weiss Ratings downgraded shares of KLX Energy Services from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, KLX Energy Services currently has a consensus rating of “Reduce”.

KLX Energy Services Stock Down 2.8%

KLXE opened at $1.41 on Thursday. The firm has a market cap of $30.22 million, a P/E ratio of -0.45 and a beta of 0.71. KLX Energy Services has a 52 week low of $1.32 and a 52 week high of $4.50. The business’s fifty day simple moving average is $1.68 and its 200 day simple moving average is $2.41.

KLX Energy Services (NASDAQ:KLXE) last posted its earnings results on Monday, August 10th. The company reported ($0.64) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.82) by $0.18. The company had revenue of $167.30 million during the quarter, compared to analysts’ expectations of $167.50 million.

Hedge Funds Weigh In On KLX Energy Services

Institutional investors have recently added to or reduced their stakes in the business. Tulsa Wealth Advisors INC acquired a new position in KLX Energy Services in the fourth quarter worth about $117,000. Engineers Gate Manager LP acquired a new stake in KLX Energy Services during the second quarter valued at approximately $72,000. NewEdge Advisors LLC bought a new position in KLX Energy Services during the 2nd quarter worth approximately $65,000. Bank of New York Mellon Corp acquired a new position in shares of KLX Energy Services in the 2nd quarter worth approximately $60,000. Finally, Dimensional Fund Advisors LP acquired a new position in shares of KLX Energy Services in the 1st quarter worth approximately $42,000. 42.69% of the stock is currently owned by institutional investors and hedge funds.

About KLX Energy Services

KLX Energy Services Holdings, Inc (NASDAQ: KLXE) provides oilfield services and equipment to exploration and production companies operating primarily in North American onshore oil and natural gas basins. Its customers use the company’s services during well completion, production, intervention and other stages of the well life cycle.

The company offers a range of technical and rental services, including well intervention, completion support, production services, wireline and related downhole solutions.