Sidoti Equities Analysts Raise Earnings Estimates for KLXE

KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) – Stock analysts at Sidoti upped their Q3 2026 EPS estimates for shares of KLX Energy Services in a report issued on Wednesday, August 12th. Sidoti analyst S. Ferazani now forecasts that the company will post earnings per share of ($0.12) for the quarter, up from their prior estimate of ($0.56). The consensus estimate for KLX Energy Services’ current full-year earnings is ($3.15) per share. Sidoti also issued estimates for KLX Energy Services’ Q4 2026 earnings at ($0.05) EPS, FY2026 earnings at ($0.96) EPS, Q1 2027 earnings at ($0.10) EPS, Q2 2027 earnings at ($0.03) EPS, Q3 2027 earnings at ($0.02) EPS, Q4 2027 earnings at ($0.05) EPS and FY2027 earnings at ($0.20) EPS.

KLX Energy Services (NASDAQ:KLXE) last posted its quarterly earnings data 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 business had revenue of $167.30 million during the quarter, compared to the consensus estimate of $167.50 million.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of KLX Energy Services in a research report on Friday, July 31st. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, KLX Energy Services has an average rating of “Reduce”.

KLX Energy Services Stock Performance

KLX Energy Services stock opened at $1.69 on Friday. The stock has a market capitalization of $35.95 million, a P/E ratio of -0.53 and a beta of 0.85. KLX Energy Services has a 52 week low of $1.41 and a 52 week high of $4.50. The stock has a fifty day moving average of $2.35 and a 200-day moving average of $2.66.

Institutional Trading of KLX Energy Services

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC acquired a new stake in KLX Energy Services in the first quarter valued at approximately $26,000. Jain Global LLC bought a new position in shares of KLX Energy Services in the 4th quarter worth $29,000. Boothbay Fund Management LLC acquired a new stake in KLX Energy Services in the 2nd quarter valued at $30,000. Virtu Financial LLC bought a new stake in KLX Energy Services during the 3rd quarter valued at $36,000. Finally, Raymond James Financial Inc. raised its holdings in KLX Energy Services by 532.0% during the third quarter. Raymond James Financial Inc. now owns 22,115 shares of the company’s stock worth $42,000 after buying an additional 18,616 shares during the last quarter. 42.69% of the stock is owned by institutional investors.

KLX Energy Services News Summary

Here are the key news stories impacting KLX Energy Services this week:

• Positive Sentiment: Sidoti sharply improved its forward earnings outlook. The analyst raised estimates for Q3 and Q4 2026, FY2026, and every reported 2027 period. FY2026 EPS is now projected at a loss of $0.96, compared with a prior loss estimate of $3.15, while FY2027 is forecast at a loss of $0.20 versus $1.91 previously. The revisions suggest expectations for substantially better profitability and a potential path toward breakeven, although KLXE is still expected to lose money.
• Positive Sentiment: Management projected higher third-quarter revenue. KLX forecast Q3 revenue of $176 million to $188 million, above its Q2 revenue of $167.3 million. The outlook implies sequential growth and may indicate improving demand for its oilfield services. KLX forecasts Q3 revenue of $176M-$188M amid $125M backstopped equity rights offering
• Neutral Sentiment: KLX’s Q2 results were mixed. The company beat analysts’ EPS estimate, reporting a loss of $0.64 per share versus the expected loss of $0.82, but revenue of $167.3 million was slightly below the $167.5 million consensus. Management’s earnings-call commentary is relevant for investors assessing demand, costs and the company’s recovery plans. KLX Energy Services Q2 2026 Earnings Call Transcript
• Negative Sentiment: The $125 million backstopped equity rights offering is a major overhang. Although the financing could strengthen KLXE’s liquidity and support operations, issuing equity is likely to dilute existing shareholders. With a market capitalization of roughly $36 million and a negative price-to-earnings ratio, investors may be particularly sensitive to dilution and financing risk.

KLX Energy Services Company Profile

KLX Energy Services is a provider of completion tools and pumping equipment for the upstream oil and gas sector, offering high-pressure pumping systems, pressure control equipment, solids control services and downhole rental tools. The company supports well completion and stimulation operations by supplying, installing and maintaining critical equipment used in hydraulic fracturing, coiled tubing interventions and associated wellsite activities.

The firm’s product portfolio includes deck-mounted and portable fracturing pumps, high-pressure manifolds, flowback and well testing units, filtration and separation systems, and wellsite automation solutions.