ProPetro Holding Corp. (NYSE:PUMP – Free Report) – Analysts at Zacks Research dropped their FY2025 earnings per share estimates for shares of ProPetro in a research note issued to investors on Thursday, July 10th. Zacks Research analyst N. Choudhury now forecasts that the company will post earnings per share of ($0.01) for the year, down from their prior estimate of $0.02. The consensus estimate for ProPetro’s current full-year earnings is $0.25 per share. Zacks Research also issued estimates for ProPetro’s Q2 2026 earnings at $0.00 EPS, Q1 2027 earnings at $0.19 EPS, Q2 2027 earnings at $0.04 EPS and FY2027 earnings at $0.27 EPS.
Several other equities analysts have also commented on PUMP. JPMorgan Chase & Co. reduced their price target on ProPetro from $8.00 to $7.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 28th. Piper Sandler began coverage on ProPetro in a research report on Monday. They set a “neutral” rating and a $7.00 price target on the stock. Finally, Stifel Nicolaus reduced their price target on ProPetro from $12.00 to $11.00 and set a “buy” rating on the stock in a research report on Wednesday, April 30th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $9.20.
ProPetro Stock Down 8.0%
Shares of NYSE:PUMP opened at $5.77 on Monday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.39 and a current ratio of 1.44. ProPetro has a 1 year low of $4.61 and a 1 year high of $11.17. The stock has a market capitalization of $599.56 million, a P/E ratio of -4.03 and a beta of 1.18. The stock has a 50-day simple moving average of $6.01 and a 200-day simple moving average of $7.17.
ProPetro (NYSE:PUMP – Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.06 by $0.03. The company had revenue of $359.42 million during the quarter, compared to analysts’ expectations of $344.36 million. ProPetro had a positive return on equity of 2.16% and a negative net margin of 10.60%. The firm’s revenue was down 11.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.18 EPS.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the business. Proficio Capital Partners LLC acquired a new stake in shares of ProPetro in the fourth quarter valued at $175,000. Raymond James Financial Inc. purchased a new stake in shares of ProPetro during the fourth quarter valued at $94,000. Royce & Associates LP lifted its holdings in shares of ProPetro by 29.5% during the fourth quarter. Royce & Associates LP now owns 931,139 shares of the company’s stock valued at $8,688,000 after purchasing an additional 212,312 shares during the last quarter. Corient Private Wealth LLC lifted its holdings in shares of ProPetro by 8.7% during the fourth quarter. Corient Private Wealth LLC now owns 17,591 shares of the company’s stock valued at $164,000 after purchasing an additional 1,405 shares during the last quarter. Finally, American Century Companies Inc. lifted its holdings in shares of ProPetro by 8.8% during the fourth quarter. American Century Companies Inc. now owns 3,236,135 shares of the company’s stock valued at $30,193,000 after purchasing an additional 262,202 shares during the last quarter. Institutional investors own 84.70% of the company’s stock.
ProPetro Company Profile
ProPetro Holding Corp. operates as an integrated oilfield services company. The company provides hydraulic fracturing, wireline, cementing, and other complementary oilfield completion services to upstream oil and gas companies in the Permian Basin. ProPetro Holding Corp. was founded in 2007 and is headquartered in Midland, Texas.
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