How to Buy Klx Energy Services Holdings Stock
Klx Energy Services Holdings Inc
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.
Klx Energy Services Holdings stock last closed at $7.45, up 5.97% from the previous day, and has decreased 28.98% in one year. It has underperformed other stocks in the Oil & Gas Equipment & Services industry by 0.5 percentage points. Klx Energy Services Holdings stock is currently +8.44% from its 52-week low of $6.87, and -44.49% from its 52-week high of $13.42.
There are currently 16.72M shares of KLXE outstanding. The market cap of KLXE is $124.58M. In the past 24 hours, 145,783 KLXE shares were traded.
How to Buy Klx Energy Services Holdings Stock
Wondering how to invest in Klx Energy Services Holdings stock? Here's how.
- Decide where to buy Klx Energy Services Holdings stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Klx Energy Services Holdings stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Choose your payment method and add your info.
- Analyze Klx Energy Services Holdings stock: The Klx Energy Services Holdings ticker symbol is KLXE. Is Klx Energy Services Holdings stock a good investment? Should you buy shares of KLXE? How do KLXE's underlying business fundamentals look? Do top analysts think Klx Energy Services Holdings is a good buy? Why has KLXE's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if KLXE is a good stock to buy).
- Make your KLXE purchase: Decide if you will purchase KLXE shares at the current market price or use a limit order to buy KLXE shares at a particular price.
- Monitor your KLXE position: Create a watchlist to important notifications about your new investment in Klx Energy Services Holdings shares.
Step 1: Decide where to buy Klx Energy Services Holdings stock
You will need a brokerage account in order to access the NASDAQ market and buy KLXE shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal info so you are able to invest in KLXE today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start a new brokerage account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have filled out your info on the best stock app, your next step is to transfer the money for your investment:
Watch the walkthrough below if you need help depositing money into your new investment account.
Step 4: Analyze Klx Energy Services Holdings stock
After you have identified the best place to buy Klx Energy Services Holdings stock, it's crucial to research their stock prior to investing, so you actually wrap your head around the risk and upside.
Klx Energy Services Holdings stock at a glance
Klx Energy Services Holdings Overview
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis in less time.
You can view all of the due diligence checks on KLXE's stock page.
Is KLXE stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge KLXE's intrinsic value.
Using relative valuations methods:
- KLXE could be undervalued based on its P/E ratio of 6.06x, relative to Oil & Gas Equipment & Services industry P/E ratio of 27.73x
- KLXE could be overvalued based on its P/B ratio of 3.21x, relative to Oil & Gas Equipment & Services industry P/B ratio of 2.73x
You can access additional valuation analysis on KLXE's stock here.
KLXE Financial Health
Passed Financial Due Diligence Checks:
- KLXE's operating cash flow of $115.60M allows it to safely service it's debt of $365.40M.
- There are more short-term assets than short-term liabilities on the KLXE balance sheet.
- KLXE profit margin has gone up from -0.4% to 2.2% in the past year.
Failed Financial Due Diligence Checks:
- Total KLXE debt is higher than 5 years ago, relative to shareholder equity.
- KLXE earnings of $58.70M is not enough to cover its interest payments.
- There are more long-term liabilities than short-term assets on the KLXE balance sheet.
- KLXE has a relatively high debt to equity ratio of 12.91.
Do analysts think it's a good time to buy Klx Energy Services Holdings stock
Out of 1 Equities analysts who monitor KLXE, the consensus analyst rating on Klx Energy Services Holdings is a Hold
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Klx Energy Services Holdings stock forecast page.
KLXE Technicals
KLXE Growth Metrics
Last year, KLXE earnings were $19.20M. Over the past 5 year, KLXE's earnings have grown by -19.33% per year. This was slower than the Oil & Gas Equipment & Services industry average of 103.83%.
Last year, KLXE revenue was $888.40M. In the past five year, KLXE's revenue has grown by 12.4% per year. This was faster than the Oil & Gas Equipment & Services industry average of 8.17%.
You can analyze KLXE's earnings and revenue performance here.
What are KLXE executives and large shareholders up to?
Over the past year, executives and large shareholders at KLXE have sold more shares than they have bought.
Geoffrey C. Stanford, Senior Vice President and Chief Accounting Officer of KLXE, was the latest KLXE insider to sell. They sold $7,402.40 worth of KLXE shares on Apr 1, 2024.
Dig into more about who owns KLXE shares here.
Can I get consistent income from KLXE stock?
No, Klx Energy Services Holdings doesn't provide an income stream by paying out dividends.
What do other traders have to say about KLXE?
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your KLXE purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount, place a limit order.
Click the Open Trade button and your broker will execute the order.
If you require additional help with investing in stocks on eToro, watch the how to video below:
Step 6: Monitor your KLXE position
Now that you own some KLXE stock, you'll want to stay up-to-date on your shares.
Put KLXE on a watchlist to see the latest developments about your KLXE stock.
KLXE Feed
How to Buy Stock in Klx Energy Services Holdings
To reiterate, here are the 6 steps to buy Klx Energy Services Holdings stock:
- Decide where to buy Klx Energy Services Holdings stock
- Create a brokerage account
- Deposit money your investment account
- Analyze Klx Energy Services Holdings stock
- Make your KLXE purchase
- Monitor your KLXE position
If you need a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Klx Energy Services Holdings, create your watchlist below.
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