Analyst Rating: Will Nine Energy Service Inc (NINE) Stock Do Better Than the Market?

InvestorsObserver is giving Nine Energy Service Inc (NINE) an Analyst Rating Rank of 5, meaning NINE is ranked higher by analysts than 5% of stocks. The average price target for NINE is $5 and analyst’s rate the stock as a Hold.

Wall Street analysts are rating NINE a Hold today. Find out what this means to you and get the rest of the rankings on NINE!

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Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Nine Energy Service Inc Stock Today?

Nine Energy Service Inc (NINE) stock is unchanged -0.23% while the S&P 500 is down -0.12% as of 11:47 AM on Thursday, Nov 30. NINE is unmoved $0.00 from the previous closing price of $2.13 on volume of 501,432 shares. Over the past year the S&P 500 has gained 11.39% while NINE is down -79.71%. NINE earned $0.11 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 15.91. Click Here to get the full Stock Report for Nine Energy Service Inc stock.