Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. NR meets this criterion too, as the stock gained 20.6% over the past 12 weeks. Moreover, the momentum for NR is fast paced, as the stock currently has a beta of 2.78. This indicates that the stock moves 178% higher than the market in either direction. Given this price performance, it is no surprise that NR has a Momentum Score of A, which indicates that this is th ...

Shares of Newpark Resources (NR) have gained 2% over the past four weeks to close the last trading session at $7.57, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $11 indicates a potential upside of 45.3%. The average comprises four short-term price targets ranging from a low of $10 to a high of $12, with a standard deviation of $0.82. While the lowest estimate indicates an in ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, ...

Newpark Resources (NR) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Since a ch ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-02960 Newpark Resources, Inc. (Exact name of registrant as specified in its charter) Delaware 72-1123385 (State or o ...

Exhibit 99.1 NEWPARK RESOURCES REPORTS FIRST QUARTER 2024 RESULTS THE WOODLANDS, Texas – May 2, 2024 – Newpark Resources, Inc. (NYSE: NR) ("Newpark" or the "Company") today announced results for the first quarter ended March 31, 2024. FIRST QUARTER 2024 RESULTS (all comparisons versus the prior year period unless otherwise noted) | | | | First Quarter | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | (In millions) | | 2024 | | 2023 | | Change | | | Revenues | $ | 169.1 | $ | 200.0 | $ | (30.9) | ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-02960 Newpark Resources, Inc. (Exact name of registrant as specified in its charter) Delaware 72-1123385 (State or other ...

Exhibit 99.1 NEWPARK RESOURCES REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS THE WOODLANDS, Texas – February 21, 2024 – Newpark Resources, Inc. (NYSE: NR) ("Newpark" or the "Company") today announced results for the three and twelve months ended December 31, 2023. FOURTH QUARTER 2023 RESULTS (all comparisons versus the prior year period unless otherwise noted) FULL YEAR 2023 RESULTS (all comparisons versus the prior year period unless otherwise noted) • Repurchased $32 million of common equity 1 • Indus ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-02960 Newpark Resources, Inc. (Exact name of registrant as specified in its charter) Delaware 72-1123385 (State ...