NCS Multistage (NASDAQ:NCSM) Trading 0.5% Higher – Still a Buy?

Posted by George Bondi on Jun 26th, 2026

NCS Multistage Holdings, Inc. (NASDAQ:NCSM – Get Free Report) traded up 0.5% during mid-day trading on Thursday . The company traded as high as $46.06 and last traded at $45.47. Approximately 5,372 shares changed hands during trading, a decline of 86% from the average session volume of 37,472 shares. The stock had previously closed at $45.26.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on NCSM. Wall Street Zen downgraded NCS Multistage from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Zacks Research cut NCS Multistage from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 2nd. Finally, Weiss Ratings downgraded NCS Multistage from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold”.

Get Our Latest Stock Analysis on NCSM

NCS Multistage Price Performance

The stock’s 50-day moving average is $53.70 and its 200 day moving average is $49.69. The company has a debt-to-equity ratio of 0.03, a quick ratio of 3.48 and a current ratio of 5.35. The stock has a market capitalization of $119.13 million, a PE ratio of 6.58 and a beta of 0.17.

NCS Multistage (NASDAQ:NCSM – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of $1.33 by ($1.47). NCS Multistage had a net margin of 10.78% and a return on equity of 6.58%. The company had revenue of $45.64 million during the quarter, compared to analysts’ expectations of $51.22 million. As a group, equities analysts expect that NCS Multistage Holdings, Inc. will post 3.42 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Renaissance Technologies LLC boosted its stake in shares of NCS Multistage by 17.5% during the first quarter. Renaissance Technologies LLC now owns 12,744 shares of the company’s stock worth $788,000 after buying an additional 1,900 shares during the period. Bank of New York Mellon Corp purchased a new stake in NCS Multistage during the 1st quarter valued at approximately $223,000. NewEdge Advisors LLC raised its stake in NCS Multistage by 46.5% during the 4th quarter. NewEdge Advisors LLC now owns 10,383 shares of the company’s stock valued at $410,000 after acquiring an additional 3,296 shares during the last quarter. Geode Capital Management LLC lifted its position in NCS Multistage by 4.2% during the 4th quarter. Geode Capital Management LLC now owns 10,153 shares of the company’s stock worth $401,000 after acquiring an additional 411 shares during the period. Finally, Citadel Advisors LLC acquired a new stake in NCS Multistage during the 3rd quarter worth approximately $299,000. 70.91% of the stock is currently owned by institutional investors and hedge funds.

NCS Multistage Company Profile

(Get Free Report)

NCS Multistage Holdings, Inc is an oilfield services company that designs, engineers and manufactures downhole completion systems for use in hydraulic fracturing operations across North America. Specializing in multi‐stage stimulation technologies, the company’s product portfolio includes composite frac plugs, open‐hole frac systems and mechanical isolation tools that enable producers to optimize well performance in unconventional reservoirs. Its tools are employed in plug-and-perf operations, horizontal completions and re-entry applications, providing zonal isolation and pressure integrity throughout the fracturing process.

In addition to its core frac plug offerings, NCS Multistage provides a range of complementary services including on-site rig support, tool installation supervision and pressure testing.