Wall Street Analysts Predict a 45.31% Upside in Newpark (NR): Here's What You Should Know

Core Viewpoint - Newpark Resources (NR) shares have increased by 2% recently, with analysts suggesting a potential upside of 45.3% based on a mean price target of $11 [1] Price Targets - The average price target for NR is based on four estimates, ranging from a low of $10 to a high of $12, with a standard deviation of $0.82, indicating a potential increase of 32.1% to 58.5% from the current price [2] - A low standard deviation suggests a strong agreement among analysts regarding the price targets, which can be a useful indicator for further research [2][8] Analyst Sentiment - Analysts show strong agreement in revising earnings estimates higher for NR, which correlates with potential stock price increases [4][10] - The Zacks Consensus Estimate for NR's current year earnings has risen by 19.1% over the past month, with three estimates increasing and no negative revisions [11] Zacks Rank - NR holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating a strong potential upside [12]