Nine Energy Service Stock Buy Hold or Sell Recommendation
| NINE Stock | USD 1.68 0.07 4.00% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Nine Energy Service is 'Hold'. Macroaxis provides Nine Energy buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NINE positions.
Check out Nine Energy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Nine and provide practical buy, sell, or hold advice based on investors' constraints. Nine Energy Service. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Nine |
Execute Nine Energy Buy or Sell Advice
The Nine recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nine Energy Service. Macroaxis does not own or have any residual interests in Nine Energy Service or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nine Energy's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | OK | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Nine Energy Trading Alerts and Improvement Suggestions
| Nine Energy Service is way too risky over 90 days horizon | |
| Nine Energy Service may become a speculative penny stock | |
| Nine Energy Service appears to be risky and price may revert if volatility continues | |
| Nine Energy Service has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 609.53 M. Net Loss for the year was (32.21 M) with profit before overhead, payroll, taxes, and interest of 136.29 M. | |
| About 31.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from zacks.com: ExxonMobil and Lobbyist Face Scrutiny Over Cyber Espionage |
Nine Energy current analysts advice
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Nine analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Nine analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.
Nine Energy Returns Distribution Density
The distribution of Nine Energy's historical returns is an attempt to chart the uncertainty of Nine Energy's future price movements. The chart of the probability distribution of Nine Energy daily returns describes the distribution of returns around its average expected value. We use Nine Energy Service price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nine Energy returns is essential to provide solid investment advice for Nine Energy.
| Mean Return | 0.78 | Value At Risk | -8.55 | Potential Upside | 14.16 | Standard Deviation | 7.10 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nine Energy historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Nine Stock Institutional Investors
| Shares | Geode Capital Management, Llc | 2024-09-30 | 188.9 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 174.4 K | Amvescap Plc. | 2024-09-30 | 143.2 K | Lord, Abbett & Co Llc | 2024-09-30 | 135.6 K | Bridgeway Capital Management, Llc | 2024-09-30 | 132.7 K | Bank Of America Corp | 2024-06-30 | 130.7 K | Mackay Shields Llc | 2024-09-30 | 120.2 K | Bank Of New York Mellon Corp | 2024-09-30 | 103.6 K | Northern Trust Corp | 2024-09-30 | 75.3 K | Simmons L E & Associates Inc | 2024-09-30 | 9.1 M | Gendell Jeffrey L | 2024-09-30 | 3.4 M |
Nine Energy Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 22.5M | 13.6M | (8.6M) | (23.0M) | 5.2M | 5.5M | |
| Investments | 24.5M | (1.8M) | (11.9M) | (25.4M) | (33.9M) | (32.2M) | |
| Change In Cash | 29.4M | (24.1M) | (47.4M) | (4.1M) | 13.4M | 14.1M | |
| Net Borrowings | (35.9M) | (14.8M) | 5.7M | 7.1M | 8.2M | 8.6M | |
| Depreciation | 68.9M | 57.8M | 53.0M | 48.9M | 53.2M | 48.6M | |
| Other Non Cash Items | 204.4M | 270.9M | 3.1M | 4.3M | 10.8M | 10.3M | |
| Capital Expenditures | 65.0M | 9.4M | 15.4M | 28.6M | 24.6M | 23.8M | |
| Net Income | (217.8M) | (378.9M) | (64.6M) | 14.4M | (32.2M) | (33.8M) | |
| End Period Cash Flow | 93.0M | 68.9M | 21.5M | 17.4M | 30.8M | 39.6M | |
| Change To Netincome | 211.2M | 275.7M | (6.5M) | 4.2M | 4.9M | 4.6M | |
| Free Cash Flow | 36.3M | (14.3M) | (55.8M) | (11.9M) | 20.9M | 22.0M | |
| Change Receivables | 41.9M | 52.9M | (22.5M) | (41.1M) | (37.0M) | (35.2M) |
Nine Energy Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Nine Energy or Energy Equipment & Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Nine Energy's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Nine stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.31 | |
β | Beta against Dow Jones | 3.64 | |
σ | Overall volatility | 7.18 | |
Ir | Information ratio | 0.09 |
Nine Energy Volatility Alert
Nine Energy Service is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nine Energy's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nine Energy's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Nine Energy Fundamentals Vs Peers
Comparing Nine Energy's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Nine Energy's direct or indirect competition across all of the common fundamentals between Nine Energy and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nine Energy or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Nine Energy's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nine Energy by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nine Energy to competition |
| Fundamentals | Nine Energy | Peer Average |
| Return On Equity | -5.83 | -0.31 |
| Return On Asset | 0.0141 | -0.14 |
| Profit Margin | (0.08) % | (1.27) % |
| Operating Margin | 0.03 % | (5.51) % |
| Current Valuation | 414.61 M | 16.62 B |
| Shares Outstanding | 42.36 M | 571.82 M |
| Shares Owned By Insiders | 30.92 % | 10.09 % |
| Shares Owned By Institutions | 45.34 % | 39.21 % |
| Number Of Shares Shorted | 4.09 M | 4.71 M |
| Price To Earning | 15.87 X | 28.72 X |
| Price To Book | 5.01 X | 9.51 X |
| Price To Sales | 0.13 X | 11.42 X |
| Revenue | 609.53 M | 9.43 B |
| Gross Profit | 136.29 M | 27.38 B |
| EBITDA | 72.67 M | 3.9 B |
| Net Income | (32.21 M) | 570.98 M |
| Cash And Equivalents | 22.41 M | 2.7 B |
| Cash Per Share | 0.67 X | 5.01 X |
| Total Debt | 366.32 M | 5.32 B |
| Current Ratio | 1.85 X | 2.16 X |
| Book Value Per Share | (1.36) X | 1.93 K |
| Cash Flow From Operations | 45.51 M | 971.22 M |
| Short Ratio | 3.95 X | 4.00 X |
| Earnings Per Share | (1.20) X | 3.12 X |
| Price To Earnings To Growth | (2.42) X | 4.89 X |
| Target Price | 1.0 | |
| Number Of Employees | 1.16 K | 18.84 K |
| Beta | 3.32 | -0.15 |
| Market Capitalization | 74.14 M | 19.03 B |
| Total Asset | 401.98 M | 29.47 B |
| Retained Earnings | (826.23 M) | 9.33 B |
| Working Capital | 100.88 M | 1.48 B |
| Current Asset | 96.02 M | 9.34 B |
Note: Disposition of 345 shares by Scf Partners, Inc. of Nine Energy at 1.2536 subject to Rule 16b-3 [view details]
Nine Energy Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nine . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 130092.0 | |||
| Daily Balance Of Power | (0.39) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 1.76 | |||
| Day Typical Price | 1.73 | |||
| Price Action Indicator | (0.12) | |||
| Period Momentum Indicator | (0.07) |
About Nine Energy Buy or Sell Advice
When is the right time to buy or sell Nine Energy Service? Buying financial instruments such as Nine Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Nine Energy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nine Energy. If investors know Nine will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nine Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.20) | Revenue Per Share 15.637 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0141 | Return On Equity (5.83) |
The market value of Nine Energy Service is measured differently than its book value, which is the value of Nine that is recorded on the company's balance sheet. Investors also form their own opinion of Nine Energy's value that differs from its market value or its book value, called intrinsic value, which is Nine Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nine Energy's market value can be influenced by many factors that don't directly affect Nine Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nine Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nine Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nine Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.