Nine Energy Service Stock Performance
| NINE Stock | USD 1.00 0.18 21.95% |
The company secures a Beta (Market Risk) of 1.09, which conveys a somewhat significant risk relative to the market. Nine Energy returns are very sensitive to returns on the market. As the market goes up or down, Nine Energy is expected to follow. At this point, Nine Energy Service has a negative expected return of -0.79%. Please make sure to verify Nine Energy's potential upside, as well as the relationship between the daily balance of power and price action indicator , to decide if Nine Energy Service performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Nine Energy Service has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's basic indicators remain rather sound which may send shares a bit higher in November 2024. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
1 | Disposition of 21371 shares by David Crombie of Nine Energy at 1.43 subject to Rule 16b-3 | 08/08/2024 |
2 | Disposition of 24703 shares by Ann Fox of Nine Energy at 1.358 subject to Rule 16b-3 | 08/12/2024 |
3 | Great Valley Advisor Group Inc. Invests 34,000 in Nine Energy Service, Inc. - Defense World | 08/16/2024 |
4 | Analyzing CES Energy Solutions and Nine Energy Service - Defense World | 08/22/2024 |
5 | Disposition of 7063 shares by David Crombie of Nine Energy at 1.974 subject to Rule 16b-3 | 08/29/2024 |
6 | Acquisition by Monroe William of 470362 shares of Nine Energy at 1.5818 subject to Rule 16b-3 | 08/30/2024 |
7 | Making Sense of Delek US Holdings 400M Stock Buyback Plan - Yahoo Finance | 09/04/2024 |
8 | Acquisition by Mark Baldwin of 5071 shares of Nine Energy subject to Rule 16b-3 | 09/06/2024 |
9 | Disposition of 63107 shares by David Crombie of Nine Energy at 4.32 subject to Rule 16b-3 | 09/12/2024 |
10 | Be Wary Of Nine Energy Service And Its Returns On Capital | 09/20/2024 |
11 | Petrobras, Shell and CNOOC Sign Contracts to Expand in Brazil | 10/16/2024 |
12 | Shells Onshore Oil Field Sale Worth 1.3B in Nigeria Suffers Setback | 10/21/2024 |
13 | FMC Technologies Surpasses Q3 Earnings and Revenue Estimates | 10/24/2024 |
14 | GRUPO SIMEC ANNOUNCES RESULTS OF OPERATIONS FOR THE FIRST NINE MONTHS OF 2024 | 10/29/2024 |
| Begin Period Cash Flow | 17.4 M |
Nine |
Nine Energy Relative Risk vs. Return Landscape
If you would invest 180.00 in Nine Energy Service on August 1, 2024 and sell it today you would lose (80.00) from holding Nine Energy Service or give up 44.44% of portfolio value over 90 days. Nine Energy Service is currently does not generate positive expected returns and assumes 5.1863% risk (volatility on return distribution) over the 90 days horizon. In different words, 46% of stocks are less volatile than Nine, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Nine Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nine Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nine Energy Service, and traders can use it to determine the average amount a Nine Energy's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1518
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NINE |
Estimated Market Risk
| 5.19 actual daily | 46 54% of assets are more volatile |
Expected Return
| -0.79 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nine Energy is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nine Energy by adding Nine Energy to a well-diversified portfolio.
Nine Energy Fundamentals Growth
Nine Stock prices reflect investors' perceptions of the future prospects and financial health of Nine Energy, and Nine Energy fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nine Stock performance.
| Return On Equity | -5.83 | ||||
| Return On Asset | 0.0074 | ||||
| Profit Margin | (0.08) % | ||||
| Operating Margin | (0.01) % | ||||
| Current Valuation | 367.77 M | ||||
| Shares Outstanding | 41.17 M | ||||
| Price To Earning | 15.87 X | ||||
| Price To Book | 5.01 X | ||||
| Price To Sales | 0.06 X | ||||
| Revenue | 609.53 M | ||||
| Gross Profit | 136.29 M | ||||
| EBITDA | 73.51 M | ||||
| Net Income | (32.21 M) | ||||
| Cash And Equivalents | 22.41 M | ||||
| Cash Per Share | 0.67 X | ||||
| Total Debt | 366.32 M | ||||
| Current Ratio | 1.85 X | ||||
| Book Value Per Share | (1.21) X | ||||
| Cash Flow From Operations | 45.51 M | ||||
| Earnings Per Share | (1.35) X | ||||
| Market Capitalization | 33.74 M | ||||
| Total Asset | 424.3 M | ||||
| Retained Earnings | (826.23 M) | ||||
| Working Capital | 100.88 M | ||||
| Current Asset | 96.02 M | ||||
| Current Liabilities | 12.21 M | ||||
About Nine Energy Performance
By analyzing Nine Energy's fundamental ratios, stakeholders can gain valuable insights into Nine Energy's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nine Energy has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nine Energy has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 37.42 | 25.71 | |
| Return On Tangible Assets | (0.10) | (0.10) | |
| Return On Capital Employed | 0.06 | 0.06 | |
| Return On Assets | (0.08) | (0.08) | |
| Return On Equity | 0.90 | 0.95 |
Things to note about Nine Energy Service performance evaluation
Checking the ongoing alerts about Nine Energy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nine Energy Service help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nine Energy Service generated a negative expected return over the last 90 days | |
| Nine Energy Service has high historical volatility and very poor performance | |
| Nine Energy Service has some characteristics of a very speculative penny stock | |
| 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. | |
| Nine Energy Service has a poor financial position based on the latest SEC disclosures | |
| About 30.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from prnewswire.com: GRUPO SIMEC ANNOUNCES RESULTS OF OPERATIONS FOR THE FIRST NINE MONTHS OF 2024 |
- Analyzing Nine Energy's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nine Energy's stock is overvalued or undervalued compared to its peers.
- Examining Nine Energy's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nine Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nine Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nine Energy's stock. These opinions can provide insight into Nine Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Nine Stock analysis
When running Nine Energy's price analysis, check to measure Nine Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nine Energy is operating at the current time. Most of Nine Energy's value examination focuses on studying past and present price action to predict the probability of Nine Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nine Energy's price. Additionally, you may evaluate how the addition of Nine Energy to your portfolios can decrease your overall portfolio volatility.
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