What is Zacks Research’s Estimate for ProPetro Q1 Earnings?

ProPetro Holding Corp. (NYSE:PUMP) – Analysts at Zacks Research reduced their Q1 2027 EPS estimates for ProPetro in a research report issued to clients and investors on Thursday, June 11th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $0.04 for the quarter, down from their prior forecast of $0.06. The consensus estimate for ProPetro’s current full-year earnings is ($0.08) per share.

ProPetro (NYSE:PUMP) last issued its quarterly earnings results on Thursday, April 30th. The company reported ($0.03) EPS for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.09. ProPetro had a negative net margin of 1.05% and a negative return on equity of 1.43%. The business had revenue of $270.69 million for the quarter, compared to analysts’ expectations of $277.49 million. During the same period last year, the business earned $0.09 earnings per share. The business’s quarterly revenue was down 24.6% on a year-over-year basis.

A number of other brokerages have also recently commented on PUMP. Citigroup increased their price target on shares of ProPetro from $16.00 to $20.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Bank of America initiated coverage on shares of ProPetro in a research report on Monday, March 30th. They set a “buy” rating and a $18.00 price target on the stock. The Goldman Sachs Group restated a “neutral” rating and issued a $16.00 target price on shares of ProPetro in a report on Wednesday, June 3rd. Odeon Capital Group began coverage on shares of ProPetro in a report on Thursday, May 28th. They issued a “buy” rating on the stock. Finally, Weiss Ratings cut shares of ProPetro from a “sell (d+)” rating to a “sell (d-)” rating in a report on Monday, May 4th. Eight research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $16.63.

ProPetro Stock Down 1.9%

Shares of NYSE PUMP opened at $14.78 on Friday. ProPetro has a one year low of $4.51 and a one year high of $18.50. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.64 and a quick ratio of 1.57. The firm’s 50 day simple moving average is $15.65 and its two-hundred day simple moving average is $12.81. The stock has a market capitalization of $1.81 billion, a P/E ratio of -134.34 and a beta of 0.70.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Sourcerock Group LLC grew its holdings in shares of ProPetro by 66.4% in the second quarter. Sourcerock Group LLC now owns 8,408,391 shares of the company’s stock worth $50,198,000 after purchasing an additional 3,355,848 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of ProPetro by 14.7% in the first quarter. Dimensional Fund Advisors LP now owns 6,481,970 shares of the company’s stock worth $93,408,000 after purchasing an additional 831,823 shares during the last quarter. Philosophy Capital Management LLC grew its holdings in shares of ProPetro by 14.8% in the third quarter. Philosophy Capital Management LLC now owns 4,047,280 shares of the company’s stock worth $21,208,000 after purchasing an additional 520,327 shares during the last quarter. American Century Companies Inc. boosted its holdings in ProPetro by 5.4% in the third quarter. American Century Companies Inc. now owns 3,748,788 shares of the company’s stock valued at $19,644,000 after acquiring an additional 192,638 shares in the last quarter. Finally, VR Advisory Services Ltd increased its position in ProPetro by 213.2% during the 3rd quarter. VR Advisory Services Ltd now owns 3,679,359 shares of the company’s stock valued at $19,280,000 after purchasing an additional 2,504,634 shares during the period. Institutional investors own 84.70% of the company’s stock.

ProPetro Company Profile

ProPetro Holding Corp is a publicly traded oilfield services company that specializes in hydraulic fracturing and well completion solutions for exploration and production operators. Headquartered in Midland, Texas, the company delivers a comprehensive suite of pressure pumping services designed to optimize reservoir stimulation and enhance hydrocarbon recovery. Its integrated approach encompasses well design, proppant selection, fluid systems and pressure management to support clients’ development targets across unconventional plays.

The company’s core offerings include high-pressure fracturing, coiled tubing, cementing, acidizing and flowback services, all supported by in-house logistics and digital monitoring tools.