NCSM
NCS Multistage Holdings, Inc.
NasdaqCMUSDEQUITY
Energy
DELAYED
Last price
49.35
▼ 0.75 (1.50%)
MARKET · —
Price
Open
49.35
Prev close
50.10
Day high
49.83
Day low
49.83
Volume
1.28K
Market cap
$130.78M
P/E (TTM)
10.09
52W range
34.06 – 87.36
Trailing performance
Returnvs SPY
1W
-3.59%
-2.2%
1M
+13.25%
+9.5%
3M
+14.03%
+10.9%
6M
+25.04%
+14.0%
YTD
+26.18%
+13.9%
1Y
+36.07%
+16.1%
3Y
+181.53%
+107.4%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$130.78M
Enterprise value$132.78M
Revenue (TTM)$181.17M
Gross profit$72.69M
EBITDA$9.98M
Net income$13.79M
EPS (TTM)$4.94
Free cash flow$15.58M
Total cash$31.32M
Total debt$12.78M
Book value / share$47.56
Shares outstanding2.62M
Float830.79K
Short % of float7.86%
Dividend yield—
Beta (5Y)0.21
Valuation & profitability ratios
Trailing P/E10.09
Forward P/E17.36
PEG ratio—
Price / sales—
Price / book1.05
EV / revenue0.73
EV / EBITDA13.30
Gross margin40.12%
Operating margin-14.60%
Profit margin7.61%
Return on equity14.04%
Return on assets1.37%
Debt / equity9.08
Current ratio4.27
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | $183.63M | $162.56M | $142.47M | $0 |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | $23.75M | $6.59M | -$3.15M | -$1.10M |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | $23.75M | $6.59M | -$3.15M | -$1.10M |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | -0.88 | -1.71 | -94.3% |
| Mar 2026 | 1.58 | -0.14 | -108.9% |
| Dec 2025 | 0.67 | 5.34 | +697.0% |
| Sep 2025 | 1.17 | 1.37 | +17.1% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 1.35 | 1 | $52.90M | +13.7% |
| Next quarter | 2.30 | 1 | $54.60M | +7.8% |
| Current year | 2.53 | 1 | $190.80M | +3.9% |
| Next year | 3.94 | 1 | $206.70M | +8.3% |
Analyst targets & ownership
Mean target—
High target—
Low target—
Implied upside—
Analyst count—
ConsensusNONE
Strong buy / Buy0 / 0
Hold0
Sell / Strong sell0 / 0
Held by insiders11.96%
Held by institutions74.73%
Institutions holding47
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
313.92K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Mar 3, 26 | MCSHANE MICHAEL Director |
STOCK | 3.22K | $0 | Direct |
| Mar 3, 26 | RALLS W MATT Director |
STOCK | 3.22K | $0 | Direct |
| Mar 3, 26 | MORRISON MICHAEL L Chief Financial Officer |
STOCK | 10.46K | $0 | Direct |
| Mar 3, 26 | DEANE JOHN D Director |
STOCK | 3.22K | $0 | Direct |
| Mar 3, 26 | MITCHELL VALERIE ANN Director |
STOCK | 3.22K | $0 | Direct |
| Mar 3, 26 | WILLIAMS DEWAYNE MELVIN Officer |
STOCK | 1.37K | $0 | Direct |
| Mar 3, 26 | GREWAL GURINDER Director |
STOCK | 3.22K | $0 | Direct |
| Mar 3, 26 | HUMMER RYAN Chief Executive Officer |
STOCK | 36.52K | $0 | Direct |
| Mar 3, 26 | WILLEMS TIM Chief Operating Officer |
STOCK | 11.67K | $0 | Direct |
| Mar 3, 26 | NIPPER ROBERT Director |
STOCK | 3.22K | $0 | Direct |
| Mar 3, 26 | LEV ORI General Counsel |
STOCK | 8.79K | $0 | Direct |
| Feb 27, 26 | WILLEMS TIM Chief Operating Officer |
— | 6.88K | — | Direct |
| Feb 27, 26 | LEV ORI General Counsel |
— | 5.29K | — | Direct |
| Feb 27, 26 | MORRISON MICHAEL L Chief Financial Officer |
— | 4.97K | — | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
DEANE JOHN D |
Director | 43.50K | Stock Award(Grant) |
GREWAL GURINDER |
Director | 20.92K | Stock Award(Grant) |
HUMMER RYAN |
Chief Executive Officer | 58.89K | Stock Award(Grant) |
LEV ORI |
General Counsel | 14.39K | Stock Award(Grant) |
MCSHANE MICHAEL |
Director | 48.78K | Stock Award(Grant) |
MITCHELL VALERIE ANN |
Director | 26.77K | Stock Award(Grant) |
MORRISON MICHAEL L |
Chief Financial Officer | 15.66K | Stock Award(Grant) |
NIPPER ROBERT |
Director | 125.27K | Stock Award(Grant) |
RALLS W MATT |
Director | 31.07K | Stock Award(Grant) |
WILLEMS TIM |
Chief Operating Officer | 31.91K | Stock Award(Grant) |
Moving averages & technicals
SMA 10
50.75
-2.75% from price
SMA 20
48.63
+2.46% from price
SMA 50
47.33
+5.27% from price
SMA 100
51.90
-4.92% from price
SMA 200
47.82
+4.20% from price
EMA 12
49.83
-0.96% from price
EMA 26
48.67
+1.40% from price
EMA 50
48.51
+1.73% from price
RSI (14)
54.9
Neutral
MACD (12,26,9)
1.16
Hist 0.09
ATR (14)
1.44
2.89% of price
Realised vol 30D
47.6%
Annualised
Bollinger upper
53.35
20, 2σ
Bollinger lower
43.92
20, 2σ
50 / 200 cross
Death
47.33 vs 47.82
Trend bias
Above 200
+4.20%
Risk profile
Beta vs SPY
0.79
Less volatile than market
Correlation to SPY
0.14
Largely independent
Realised vol 30D
47.6%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-53.3%
Peak to trough
Max drawdown 5Y
-78.6%
Peak to trough
ATR 14
1.44
2.89% of price
Beta (reported)
0.21
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Headlines
NCS Multistage (NCSM) Reports Q2 Loss, Beats Revenue Estimates
Zacks · 23d ago
NCS Multistage: Q2 Earnings Snapshot
Associated Press · 23d ago
NCS Multistage Holdings, Inc. Announces Second Quarter 2026 Results
GlobeNewswire · 23d ago
NCS Multistage Holdings, Inc. to Announce Second Quarter 2026 Financial Results on July 30, 2026
GlobeNewswire · 30d ago
Weatherford Announces Second Quarter 2026 Results
GlobeNewswire · 32d ago
WFRD to Acquire NCS Multistage, Strengthen Well Completions Portfolio
Zacks · 80d ago
Weatherford to Acquire NCS Multistage in Stock-and-Cash Deal
MT Newswires · 81d ago
Weatherford Announces Definitive Agreement to Acquire NCS Multistage, Expanding Completions Portfolio and Unconventional Resource Exposure
GlobeNewswire · 82d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.