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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 $4.45, up 0.23% from the previous day, and has decreased 53.5% in one year. It has underperformed other stocks in the Oil & Gas Equipment & Services industry by 0.74 percentage points. Klx Energy Services Holdings stock is currently +6.46% from its 52-week low of $4.18, and -66.84% from its 52-week high of $13.42.

There are currently 16.87M shares of KLXE outstanding. The market cap of KLXE is $75.06M. In the past 24 hours, 151,210 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.
  1. 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.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your investment account: Choose your payment method and add your info.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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.

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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.

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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

KLXE Price
$4.45
1w %
4.22%
1y %
-53.5%
5y %
-95.73%
P/E
-5.49x
P/B
4.44x
P/S
0.09x
PEG
N/A
Revenue
$823.50M
Earnings
-$12.40M
Fore. Rev. Growth
-8.13%
Fore. Earn. Growth
N/A
Market Cap
$75.06M
Next Earnings
Aug 7, 2024
Next Dividend
N/A

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 overvalued based on its P/B ratio of 4.44x, relative to Oil & Gas Equipment & Services industry P/B ratio of 2.52x

You can access additional valuation analysis on KLXE's stock here.

KLXE Financials at a glance

Passed Financial Due Diligence Checks:

  • There are more short-term assets than short-term liabilities on the KLXE balance sheet.
  • KLXE's operating cash flow of $113.40M allows it to safely service it's debt of $359.90M.

Failed Financial Due Diligence Checks:

  • Total KLXE debt is higher than 5 years ago, relative to shareholder equity.
  • There are more long-term liabilities than short-term assets on the KLXE balance sheet.
  • KLXE earnings of $27.20M is not enough to cover its interest payments.
  • KLXE profit margin has gone down from 3% to -1.5% in the past year.
  • KLXE has a relatively high debt to equity ratio of 28.44.

Is Klx Energy Services Holdings stock a Buy, Hold, or Sell, according to analysts?

Out of 1 sell side analysts who give recommendations on KLXE, the consensus analyst rating on KLXE is a Hold

It's important to note that analyst forecasts are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are projecting on the Klx Energy Services Holdings stock forecast page.

KLXE Trading Indicators

SMA10
4.57
SMA20
4.75
SMA50
5.84
SMA100
7.01
SMA200
8.72
MACD
-0.39
MACD Signal
-0.43
MACD Histogram
0.04
RSI
34.54
Stochastic %K
28.1
Stochastic %D
27.07
StochRSI %K
78.33
StochRSI %D
74.07

Is KLXE Making Money?

Last year, KLXE revenue was $823.50M. During the past 5 year, KLXE's revenue has gone up by 9.18% per year. This was faster than the Oil & Gas Equipment & Services industry average of 7.12%.

Dig into KLXE's earnings and revenue performance here.

Latest Insiders Trades at KLXE

In the last 12 months, 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 stock on Apr 1, 2024.

Dig into more about who owns KLXE shares here.

Does KLXE provide a stable income stream?

No, Klx Energy Services Holdings doesn't provide an income stream by paying out dividends.

What others are saying about KLXE

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Step 5: Make your KLXE purchase

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally fine.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a particular dollar amount limit, place a limit order.

Hit the Open Trade button and eToro will execute the order.

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Step 6: Monitor your KLXE position

Now that you own some KLXE stock, you'll want to keep up with your investment.

Create a watchlist to get notified of important updates regarding your KLXE stock.

KLXE Feed

How to Buy Stock in Klx Energy Services Holdings

To reiterate, here are the 6 steps to buy stock in Klx Energy Services Holdings:

  1. Decide where to buy Klx Energy Services Holdings stock
  2. Create a brokerage account
  3. Deposit money your investment account
  4. Analyze Klx Energy Services Holdings stock
  5. Make your KLXE purchase
  6. Monitor your KLXE position

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If you would like to watch your investment in Klx Energy Services Holdings, get started below.

NASDAQ: KLXE
$4.45+0.01 (+0.23%)
Updated Jun 21, 2024
Open eToro Account
NASDAQ: KLXE
$4.45+0.01 (+0.23%)
Updated Jun 21, 2024
Open eToro Account

FAQ

How much does it cost to buy one Klx Energy Services Holdings share?

As of Jun 21, 2024, it costs $4.45 to buy one share of Klx Energy Services Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.449 shares of KLXE.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Klx Energy Services Holdings stock?

According to 1 Wall Street analysts who monitor Klx Energy Services Holdings, their consensus recommendation is to hold Klx Energy Services Holdings stock.

What is the best way to buy Klx Energy Services Holdings stock?

One way to place an order for Klx Energy Services Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.