Q3 EPS Forecast for KLX Energy Services Lifted by Analyst

KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) – Equities research analysts at Sidoti lifted their Q3 2026 earnings estimates for KLX Energy Services in a report issued on Monday, June 8th. Sidoti analyst S. Ferazani now anticipates that the company will post earnings of ($0.56) per share for the quarter, up from their previous estimate of ($0.59). The consensus estimate for KLX Energy Services’ current full-year earnings is ($3.18) per share. Sidoti also issued estimates for KLX Energy Services’ FY2026 earnings at ($3.15) EPS, Q1 2027 earnings at ($0.70) EPS, Q2 2027 earnings at ($0.40) EPS, Q3 2027 earnings at ($0.35) EPS, Q4 2027 earnings at ($0.46) EPS and FY2027 earnings at ($1.91) EPS.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of KLX Energy Services in a report on Monday, May 4th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Reduce”.

KLX Energy Services Stock Performance

KLXE stock opened at $2.89 on Wednesday. The stock’s 50 day simple moving average is $3.03 and its 200 day simple moving average is $2.52. The company has a market cap of $57.54 million, a P/E ratio of -0.76 and a beta of 0.77. KLX Energy Services has a fifty-two week low of $1.46 and a fifty-two week high of $4.50.

KLX Energy Services (NASDAQ:KLXE) last released its quarterly earnings data on Tuesday, May 12th. The company reported ($1.18) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.27) by $0.09. The company had revenue of $144.70 million for the quarter, compared to the consensus estimate of $146.50 million.

Institutional Investors Weigh In On KLX Energy Services

A number of institutional investors and hedge funds have recently made changes to their positions in KLXE. Boothbay Fund Management LLC bought a new position in KLX Energy Services in the 2nd quarter valued at about $30,000. Gamco Investors INC. ET AL increased its holdings in KLX Energy Services by 52.2% during the 3rd quarter. Gamco Investors INC. ET AL now owns 35,000 shares of the company’s stock worth $67,000 after purchasing an additional 12,000 shares in the last quarter. Virtu Financial LLC bought a new stake in KLX Energy Services during the 3rd quarter worth approximately $36,000. Raymond James Financial Inc. raised its stake in shares of KLX Energy Services by 532.0% in the third quarter. Raymond James Financial Inc. now owns 22,115 shares of the company’s stock worth $42,000 after purchasing an additional 18,616 shares during the last quarter. Finally, Williams & Novak LLC purchased a new stake in shares of KLX Energy Services in the fourth quarter worth approximately $44,000. Institutional investors and hedge funds own 42.69% of the company’s stock.

About KLX Energy Services

KLX Energy Services is a provider of completion tools and pumping equipment for the upstream oil and gas sector, offering high-pressure pumping systems, pressure control equipment, solids control services and downhole rental tools. The company supports well completion and stimulation operations by supplying, installing and maintaining critical equipment used in hydraulic fracturing, coiled tubing interventions and associated wellsite activities.

The firm’s product portfolio includes deck-mounted and portable fracturing pumps, high-pressure manifolds, flowback and well testing units, filtration and separation systems, and wellsite automation solutions.