KLX Energy Services FY2026 Earnings Forecast Cut by Sidoti

KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) – Equities researchers at Sidoti reduced their FY2026 earnings estimates for shares of KLX Energy Services in a research report issued on Monday, November 9th. Sidoti analyst S. Ferazani now expects that the company will post earnings per share of ($1.27) for the year, down from their previous estimate of ($1.18). The consensus estimate for KLX Energy Services’ current full-year earnings is ($1.18) per share. Sidoti also issued estimates for KLX Energy Services’ Q4 2026 earnings at ($0.07) EPS, Q2 2027 earnings at ($0.04) EPS and Q4 2027 earnings at ($0.04) EPS.

KLX Energy Services (NASDAQ:KLXE) last announced its quarterly earnings results on Thursday, November 5th. The company reported ($0.44) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.35) by ($0.09). The company had revenue of $185.60 million for the quarter, compared to the consensus estimate of $182.50 million.

Separately, Weiss Ratings lowered KLX Energy Services from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, September 28th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, KLX Energy Services presently has a consensus rating of “Reduce”.

KLX Energy Services Stock Performance

Shares of KLXE opened at $1.12 on Wednesday. The company has a 50-day simple moving average of $1.33 and a two-hundred day simple moving average of $2.27. The company has a debt-to-equity ratio of 479.00, a current ratio of 1.18 and a quick ratio of 0.97. The firm has a market capitalization of $24.00 million, a PE ratio of -0.36 and a beta of 0.81. KLX Energy Services has a one year low of $0.92 and a one year high of $4.50.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Steel Partners Holdings L.P. bought a new stake in KLX Energy Services during the third quarter worth about $12,333,000. Fidelity National Financial Inc. bought a new stake in shares of KLX Energy Services in the 3rd quarter worth approximately $1,354,000. Kestra Advisory Services LLC grew its stake in shares of KLX Energy Services by 183.4% in the 3rd quarter. Kestra Advisory Services LLC now owns 572,215 shares of the company’s stock worth $830,000 after buying an additional 370,336 shares during the last quarter. Renaissance Technologies LLC increased its position in KLX Energy Services by 10.2% during the 1st quarter. Renaissance Technologies LLC now owns 152,100 shares of the company’s stock valued at $395,000 after buying an additional 14,100 shares in the last quarter. Finally, Engineers Gate Manager LP purchased a new position in KLX Energy Services during the second quarter valued at $72,000. 42.69% of the stock is owned by hedge funds and other institutional investors.

About KLX Energy Services

KLX Energy Services Holdings, Inc. provides technical oilfield services and equipment to exploration and production companies operating primarily in the United States. The company supports onshore drilling, completion and production activities, helping customers construct, maintain and optimize oil and natural gas wells. Its service portfolio includes well-intervention and completion services such as coiled tubing, wireline, pressure pumping, stimulation, snubbing, well testing and related technical services.