NCS Multistage reports Q4 EPS $2.27 vs. 36c last year
Q4 Financial Performance: NCS Multistage Holdings reported Q4 revenue of $45M, exceeding the consensus estimate of $40.6M, with adjusted EBITDA rising to $8.2M from $2.5M in the previous year, and an adjusted net income of $6M compared to a loss of $(0.9M) in 2023.
Operational Insights: The increase in revenue was driven by higher-margin international projects and increased royalty income, despite higher SG&A expenses, resulting in an adjusted EBITDA margin of 18% for the quarter, up from 7% a year ago.
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Best Oil and Energy Stocks to Invest In Now: CRC, NCSM, TDW
Surge in Oil Prices: Oil and energy stocks are rising as crude prices exceed $60 a barrel, driven by supply constraints, geopolitical tensions, and recovering demand post-pandemic, with OPEC+ limiting supply growth.
Strong Performers: California Resources, NCS Multistage, and Tidewater are highlighted as top oil and energy stocks, showing significant earnings growth and positive revisions in earnings estimates, indicating potential for further upside.
Zacks.com Spotlights Century Aluminum, Daktronics, Great Lakes Dredge & Dock, and NCS Multistage
Market Overview: The recent Fed rate cut has boosted optimism on Wall Street, leading investors to focus on companies with strong cash flow, as it is crucial for their resilience and financial health.
Highlighted Stocks: Four companies—Century Aluminum Co., Daktronics, Great Lakes Dredge & Dock Corp., and NCS Multistage Holdings—are recommended for investment due to their rising cash flows and positive earnings estimates.
Understanding the Recent Price Trend of NCS Multistage (NCSM) and Its Benefits
Short-term Trading Strategy: The article emphasizes the importance of confirming the sustainability of stock trends for profitable short-term trading, suggesting that factors like sound fundamentals and positive earnings estimates are crucial.
NCS Multistage as a Strong Candidate: NCS Multistage (NCSM) is highlighted as a strong investment option, showing significant price increases and a favorable Zacks Rank #1 (Strong Buy), indicating strong potential for continued upward momentum.
NCS Multistage (NCSM) Rises 10.3%: Is There More Growth Potential for the Stock?
NCS Multistage Stock Performance: NCS Multistage (NCSM) shares surged 10.3% to $51.4, driven by significant trading volume and a 42.4% gain over the past month, following the acquisition of ResMetrics, which is expected to add $4-5 million in revenue this year.
Earnings Expectations and Stock Outlook: The company anticipates quarterly earnings of $1.17 per share, reflecting a 22% year-over-year decline, with revenues projected at $46.1 million. The consensus EPS estimate has remained stable, indicating potential for continued stock strength, supported by a Zacks Rank of #1 (Strong Buy).
Zacks.com Spotlights Materion, Willdan Group, Build-A-Bear Workshop, and NCS Multistage
Investment Focus: Investors are advised to concentrate on cash-rich stocks with strong cash flow, such as Materion Corp., Willdan Group, Build-A-Bear Workshop, and NCS Multistage Holdings, as they offer stability and growth potential amid economic uncertainties.
Cash Flow Importance: Positive and increasing cash flow is crucial for a company's resilience and future growth, as it indicates effective management and reduces reliance on external financing, making it essential for investors to assess net cash flow when selecting stocks.
NCS Multistage (NCSM): An Excellent Option for 'Trend' Investors – Here's the Reason
Trend Investing and Stock Selection: Successful short-term investing relies on timing and ensuring the sustainability of trends, with factors like strong fundamentals and positive earnings revisions being crucial for maintaining momentum in stock prices.
NCS Multistage as a Strong Candidate: NCS Multistage (NCSM) has shown significant price increases, currently trading near its 52-week high, and holds a Zacks Rank #1 (Strong Buy), indicating strong potential for continued upward movement, supported by positive broker recommendations.
Best Oil and Energy Stocks to Invest In Now: CRC, NCSM, TDW
Surge in Oil Prices: Oil and energy stocks are rising as crude prices exceed $60 a barrel, driven by supply constraints, geopolitical tensions, and recovering demand post-pandemic, with OPEC+ limiting supply growth.
Strong Performers: California Resources, NCS Multistage, and Tidewater are highlighted as top oil and energy stocks, showing significant earnings growth and positive revisions in earnings estimates, indicating potential for further upside.
Zacks.com Spotlights Century Aluminum, Daktronics, Great Lakes Dredge & Dock, and NCS Multistage
Market Overview: The recent Fed rate cut has boosted optimism on Wall Street, leading investors to focus on companies with strong cash flow, as it is crucial for their resilience and financial health.
Highlighted Stocks: Four companies—Century Aluminum Co., Daktronics, Great Lakes Dredge & Dock Corp., and NCS Multistage Holdings—are recommended for investment due to their rising cash flows and positive earnings estimates.
Understanding the Recent Price Trend of NCS Multistage (NCSM) and Its Benefits
Short-term Trading Strategy: The article emphasizes the importance of confirming the sustainability of stock trends for profitable short-term trading, suggesting that factors like sound fundamentals and positive earnings estimates are crucial.
NCS Multistage as a Strong Candidate: NCS Multistage (NCSM) is highlighted as a strong investment option, showing significant price increases and a favorable Zacks Rank #1 (Strong Buy), indicating strong potential for continued upward momentum.
NCS Multistage (NCSM) Rises 10.3%: Is There More Growth Potential for the Stock?
NCS Multistage Stock Performance: NCS Multistage (NCSM) shares surged 10.3% to $51.4, driven by significant trading volume and a 42.4% gain over the past month, following the acquisition of ResMetrics, which is expected to add $4-5 million in revenue this year.
Earnings Expectations and Stock Outlook: The company anticipates quarterly earnings of $1.17 per share, reflecting a 22% year-over-year decline, with revenues projected at $46.1 million. The consensus EPS estimate has remained stable, indicating potential for continued stock strength, supported by a Zacks Rank of #1 (Strong Buy).
Zacks.com Spotlights Materion, Willdan Group, Build-A-Bear Workshop, and NCS Multistage
Investment Focus: Investors are advised to concentrate on cash-rich stocks with strong cash flow, such as Materion Corp., Willdan Group, Build-A-Bear Workshop, and NCS Multistage Holdings, as they offer stability and growth potential amid economic uncertainties.
Cash Flow Importance: Positive and increasing cash flow is crucial for a company's resilience and future growth, as it indicates effective management and reduces reliance on external financing, making it essential for investors to assess net cash flow when selecting stocks.
NCS Multistage (NCSM): An Excellent Option for 'Trend' Investors – Here's the Reason
Trend Investing and Stock Selection: Successful short-term investing relies on timing and ensuring the sustainability of trends, with factors like strong fundamentals and positive earnings revisions being crucial for maintaining momentum in stock prices.
NCS Multistage as a Strong Candidate: NCS Multistage (NCSM) has shown significant price increases, currently trading near its 52-week high, and holds a Zacks Rank #1 (Strong Buy), indicating strong potential for continued upward movement, supported by positive broker recommendations.
