KEG stock: buy or sell?

KEG stock price: $0.16 33.33% At close on December 3rd, 2019

Updated on:
December 3rd, 2019

1

On December KEG plunged a bloodcurdling -125.00%. After sliding a bloodcurdling -125.00% on December, Key Energy Services closed on December at $0.16 and climbed an astounding 33.33%.

Key Energy Services, Inc. operates as an onshore rig-based well servicing contractor. It operates through U.S. Rig Services, Fluid Management Services, Coiled Tubing Services, Fishing and Rental Services, and International segments.

Should I buy KEG stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to define your own trading strategy that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with Key Energy Services stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean KEG will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Key Energy Services stock a buy?

Banks and financial institutions publish stock ratings everyday. At Stocks2.com, we detected 2 ratings published for KEG stock in the last month.

Is KEG a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-15Johnson RiceAccumulateHold
2019-3-5Piper Jaffray Companiesn/aHold

KEG stock analysis

Daily outlook

After sliding a bloodcurdling -125.00% on December, Key Energy Services closed on December at $0.16 and climbed an astounding 33.33%.

After sliding a bloodcurdling -125.00% on December, Key Energy Services closed on December at $0.16 and climbed an astounding 33.33%.

KEG stock chart (daily)

Weekly outlook

After boosting an amazing 7.41% in a week late November 2019, Key Energy Services closed this week at $0.16 and plunged a chilling -40.74%.

Since late July 2019, when KEG stock price broke down the 20-weeks moving avarage line, it slid $-3.00 per share (-94.94%).

KEG stock chart (weekly)

KEG stock price history

KEG IPO was on August 12th, 1993 at $825.00 per share1. Since then, KEG stock lost a -100.00%, with a yearly average of -3.80%.

1: Adjusted price after possible price splits or reverse-splits.

KEG stock historical price chart

KEG stock reached 52-week highs at $6.95, and all-time highs 1997-10-10 with a price of 7675.

KEG stock price target is $3.00

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' KEG stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we only found 1 price prediction for Key Energy Services stock:
KEG stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-3-5Piper Jaffray CompaniesSet Price Targetn/a$3.00-
(in average)$0.00$3.000.0%

Financials and fundamental analysis

Earnings date and Earnings per Share

Since last February, when Key Energy Services posted its last earnings report, it . As soon as we get its posted EPS from the earnings report, we will extend this report.
KEG earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/an/an/a
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q42018-02-26-1.33-1.34n/a
2018-Q12018-05-09-1.24-1.36n/a
2018-Q22018-08-08-0.77-0.86n/a
2018-Q32018-11-06-1.14-1.14n/a
2018-Q42019-02-25-1.21-1.19n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, Key Energy Services annual revenues climbed an amazing 19.61% to $521.70 M USD from $436.17 marked in 2017. When comparing 2018 vs 2017, similarly, profit margin (that is, the net income divided by revenues) rocketed a 10.63% to -17.02%.

KEG annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1,590 M-$-21.77 M-1.4%-
2014$1,427 M-10.23%$-178.63 M-12.5%720.52%
2015$792 M-44.49%$-917.70 M-115.8%413.75%
2016$399 M-49.59%$-131.74 M-33.0%-85.64%
2017$436 M9.20%$-120.59 M-27.6%-8.46%
2018$522 M19.61%$-88.80 M-17.0%-26.36%

Quarterly financial results

Key Energy Services posted $117.25 million in revenues for 2018-Q4, a -12.97% decline compared to previous quarter. Reported quarter earnings marked $-23.08 million with a profit margin of -19.68%. Profit margin depreciated a -1.97% compared to previous quarter when profit margin was -17.71%. When comparing revenues to same quarter last year, Key Energy Services sales marked a slightly fine movement and remained constant a 0.84%. Looking back to recent quarterly results, Key Energy Services posted 2 negative quarters in a row.
KEG quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$101 M-$-46.86 M-46.2%-
2017-Q2$108 M6.24%$-13.18 M-12.2%-71.87%
2017-Q3$111 M2.67%$-38.22 M-34.5%189.98%
2017-Q4$116 M5.09%$-22.33 M-19.2%-41.58%
2018-Q1$125 M7.77%$-24.96 M-19.9%11.81%
2018-Q2$144 M15.23%$-16.90 M-11.7%-32.32%
2018-Q3$135 M-6.71%$-23.86 M-17.7%41.23%
2018-Q4$117 M-12.97%$-23.08 M-19.7%-3.28%

Key Energy Services ownership

When you are planning to buy shares of a stock, it's always worth to overview its ownership structure.

Key Energy Services shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.

The following table compares ownership indicators for other stocks related to Key Energy Services:

KEGPUMP
Market cap$0.0 M$1.1 B
Total shares0.0 M100.6 M
Float shares0.0 M82.2 M
  - Institutional holdings (%)0.0%87.8%
  - Insider holdings (%)0.0%16.7%
Shares in short selling0.0%0.0%

KEG summary

Tuesday, December 3rd, 2019
Open$0.12
Close$0.16
Day range$0.12 - $0.17
Previous close$0.12
Session gain33.33%
Average true range$0.05
50d mov avg$0.93
100d mov avg$1.43
200d mov avg$2.32
Daily patternlt03c
Weekly pattern lt11c

Key Energy Services performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For Key Energy Services, the benchmark is made against Array.
Stock3m6m12m
KEGKey Energy Servic...-84.91%-91.92%-96.48%
PUMPProPetro41.21%-35.17%-27.70%

Key Energy Services competitors

Creating a list of competitors for Key Energy Services it's tough. We selected just one public company that in our opinion is related to and can be considered Key Energy Services competitor: