Analysts take a look at Newpark Resources, Inc. (NYSE:NR) having this to say.

January 20, 2018 - By Marguerite Chambers

 Analysts take a look at Newpark Resources, Inc. (NYSE:NR) having this to say.
Investors sentiment decreased to 0.97 in 2017 Q3. Its down 0.17, from 1.14 in 2017Q2. It is negative, as 18 investors sold Newpark Resources, Inc. shares while 57 reduced holdings. 28 funds opened positions while 45 raised stakes. 87.91 million shares or 0.11% more from 87.81 million shares in 2017Q2 were reported.
Verition Fund Mngmt Lc owns 0.01% invested in Newpark Resources, Inc. (NYSE:NR) for 13,688 shares. Hightower Advisors Ltd Com owns 119,619 shares for 0.01% of their portfolio. Profund Limited Liability, Maryland-based fund reported 15,534 shares. Renaissance Ltd Liability Co stated it has 63,600 shares. Jacobs Levy Equity owns 39,800 shares for 0.01% of their portfolio. Pacific Ridge Partners Ltd Liability Co holds 119,720 shares. Menta Cap Ltd Com reported 0.05% in Newpark Resources, Inc. (NYSE:NR). Heartland Advsr has 0.52% invested in Newpark Resources, Inc. (NYSE:NR). Great West Life Assurance Co Can owns 117,978 shares for 0% of their portfolio. Dalton Greiner Hartman Maher & holds 344,488 shares or 0.19% of its portfolio. Ubs Asset Management Americas reported 33,923 shares. Clearbridge Invs Ltd Liability stated it has 3.76 million shares or 0.04% of all its holdings. Tieton Cap Management Limited Liability holds 563,348 shares or 4.84% of its portfolio. Vanguard Group owns 7.73 million shares. Piermont reported 236,537 shares.

Since August 1, 2017, it had 0 insider buys, and 1 sale for $344,726 activity.

Newpark Resources, Inc. (NYSE:NR) Ratings Coverage

Among 6 analysts covering Newpark Resources (NYSE:NR), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Newpark Resources had 13 analyst reports since September 4, 2015 according to SRatingsIntel. The stock of Newpark Resources, Inc. (NYSE:NR) earned “Market Perform” rating by Cowen & Co on Thursday, January 19. The firm earned “Buy” rating on Monday, May 2 by Tudor Pickering. Cowen & Co maintained the stock with “Hold” rating in Friday, October 6 report. SunTrust upgraded Newpark Resources, Inc. (NYSE:NR) on Thursday, November 2 to “Buy” rating. Credit Suisse upgraded Newpark Resources, Inc. (NYSE:NR) on Wednesday, June 1 to “Outperform” rating. The company was upgraded on Thursday, January 5 by Loop Capital. Credit Suisse reinitiated it with “Outperform” rating and $7 target in Monday, July 18 report. Cowen & Co maintained Newpark Resources, Inc. (NYSE:NR) rating on Tuesday, February 16. Cowen & Co has “Outperform” rating and $5.50 target. The firm earned “Neutral” rating on Friday, September 4 by Credit Suisse. The firm has “Hold” rating by Cowen & Co given on Friday, July 7. Below is a list of Newpark Resources, Inc. (NYSE:NR) latest ratings and price target changes.

11/01/2018 Broker: Cowen & Co Rating: Hold New Target: $10.0 Maintain
02/11/2017 Broker: SunTrust Old Rating: Hold New Rating: Buy Upgrade
06/10/2017 Broker: Cowen & Co Rating: Hold New Target: $9.0 Maintain

The stock increased 1.62% or $0.15 during the last trading session, reaching $9.4. About 242,898 shares traded. Newpark Resources, Inc. (NYSE:NR) has risen 85.19% since January 20, 2017 and is uptrending. It has outperformed by 68.49% the S&P500.

Newpark Resources, Inc., together with its subsidiaries, provides services and products primarily to the gas and oil exploration and production industry. The company has market cap of $838.83 million. The firm operates through two divisions, Fluids Systems and Mats and Integrated Services. It has a 247.37 P/E ratio. The Fluids Systems segment offers drilling fluids products and technical services for technical drilling projects involving complex subsurface conditions, including horizontal, directional, geologically deep, or deep water drilling.

More news for Newpark Resources, Inc. (NYSE:NR) were recently published by: Prnewswire.com, which released: “What’s Happening With These Oil & Gas Stocks? — Recon Technology, Newpark …” on January 08, 2018. Prnewswire.com‘s article titled: “Newpark Resources Announces Fourth Quarter 2017 Earnings Release And …” and published on January 05, 2018 is yet another important article.

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