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Where Does Wall Street Think Nine Energy Service Inc (NINE) Stock Will Go?

Tuesday, March 12, 2024 11:28 AM | InvestorsObserver Analysts

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Where Does Wall Street Think Nine Energy Service Inc (NINE) Stock Will Go?

Analysts who follow Nine Energy Service Inc (NINE) on average expect it to increase 101.79% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns Nine Energy Service Inc an Analyst Ranking of 5, which means it ranks higher than 5 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3
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!

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

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

Nine Energy Service Inc (NINE) stock is down -5.51% while the S&P 500 has gained 1.01% as of 11:26 AM on Tuesday, Mar 12. NINE is down -$0.13 from the previous closing price of $2.36 on volume of 246,313 shares. Over the past year the S&P 500 has risen 34.07% while NINE is down -65.43%. 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.

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