Last Updated: 10 Nov 2024
Executive Summary
NCS Multistage Holdings Inc. (NCSM) is a provider of engineering products and support services for oil and natural gas well completions and field development strategies. The company has a market capitalization of $56.44 million and is currently trading at $22.55 per share. NCSM has a trailing price-to-earnings (PE) ratio of 1.31 and a forward PE ratio of 7.86. The company's latest quarterly earnings growth was -0.096% and its quarterly revenue growth was 0.15%. Analyst recommendations for NCSM are mixed, with one analyst rating it a hold.
Company Overview
NCS Multistage Holdings Inc. is headquartered in Houston, Texas and was founded in 2005. The company provides a range of products and services to the oil and gas industry, including frac plugs, frac sleeves, and other completion products. NCSM also offers engineering and design services, as well as field support services. The company's customers include major oil and gas companies, as well as independent operators.
Fundamental Analysis
NCSM's financial performance has been mixed in recent years. The company's revenue has declined in each of the past two years, and its earnings per share (EPS) has also declined. However, the company's gross profit margin has improved in recent quarters, and its operating margin has also improved. NCSM's balance sheet is relatively strong, with the company having a low level of debt and a high level of cash and equivalents.
Technical Analysis
NCSM's stock price has been in a downtrend since early 2022. The stock is currently trading below its 50-day and 200-day moving averages. The stock's relative strength index (RSI) is also below 50, which indicates that the stock is oversold.
Short Term Outlook
The short-term outlook for NCSM is mixed. The company's stock price is currently trading below its 50-day and 200-day moving averages, which indicates that the stock is in a downtrend. However, the stock's RSI is below 50, which indicates that the stock is oversold. This suggests that the stock could be due for a rebound in the short term.
Long Term Outlook
The long-term outlook for NCSM is more positive. The company's products and services are essential to the oil and gas industry, and the demand for these products and services is expected to grow in the coming years. NCSM is also well-positioned to benefit from the increasing use of unconventional drilling techniques, such as fracking.
Analyst Recommendations
Analyst recommendations for NCSM are mixed. One analyst rates the stock a hold. This indicates that the analyst believes that the stock is fairly valued and that investors should neither buy nor sell the stock.
