Q1 Earnings Estimate for ProPetro Issued By Atb Cap Markets

ProPetro Holding Corp. (NYSE:PUMP - Free Report) - Stock analysts at Atb Cap Markets raised their Q1 2025 earnings per share estimates for shares of ProPetro in a research note issued to investors on Wednesday, October 30th. Atb Cap Markets analyst W. Syed now forecasts that the company will post earnings of $0.15 per share for the quarter, up from their prior forecast of $0.11. The consensus estimate for ProPetro's current full-year earnings is $0.17 per share. Atb Cap Markets also issued estimates for ProPetro's Q2 2025 earnings at $0.19 EPS, Q3 2025 earnings at $0.20 EPS, Q4 2025 earnings at $0.06 EPS, FY2025 earnings at $0.60 EPS, Q1 2026 earnings at $0.21 EPS, Q2 2026 earnings at $0.21 EPS and FY2026 earnings at $0.71 EPS.

Several other equities analysts have also recently issued reports on the stock. Citigroup reduced their price target on shares of ProPetro from $8.50 to $8.00 and set a "neutral" rating on the stock in a research report on Thursday. Stifel Nicolaus reduced their target price on ProPetro from $12.00 to $11.00 and set a "buy" rating on the stock in a report on Friday, October 11th. Finally, Barclays lowered their target price on ProPetro from $13.00 to $12.00 and set an "overweight" rating for the company in a research note on Wednesday, October 16th. Two analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $10.33.

ProPetro Trading Down 4.8 %

NYSE PUMP traded down $0.34 during trading on Friday, hitting $6.58. The company had a trading volume of 2,155,374 shares, compared to its average volume of 1,443,647. The company's fifty day moving average is $7.83 and its 200-day moving average is $8.45. ProPetro has a one year low of $6.53 and a one year high of $10.62. The company has a current ratio of 1.20, a quick ratio of 1.04 and a debt-to-equity ratio of 0.05. The company has a market cap of $684.85 million, a price-to-earnings ratio of -4.95 and a beta of 2.02.

ProPetro (NYSE:PUMP - Get Free Report) last announced its earnings results on Wednesday, July 31st. The company reported ($0.03) EPS for the quarter, missing analysts' consensus estimates of $0.08 by ($0.11). The business had revenue of $357.00 million for the quarter, compared to the consensus estimate of $361.85 million. ProPetro had a negative net margin of 9.37% and a positive return on equity of 1.31%. ProPetro's revenue was down 17.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.34 EPS.

Hedge Funds Weigh In On ProPetro

Several large investors have recently modified their holdings of PUMP. Quantbot Technologies LP purchased a new position in ProPetro in the 1st quarter worth approximately $551,000. Russell Investments Group Ltd. lifted its holdings in shares of ProPetro by 36.9% during the first quarter. Russell Investments Group Ltd. now owns 384,529 shares of the company's stock valued at $3,107,000 after purchasing an additional 103,644 shares in the last quarter. Jennison Associates LLC purchased a new stake in shares of ProPetro during the first quarter valued at $960,000. SG Americas Securities LLC bought a new stake in ProPetro in the 2nd quarter worth about $746,000. Finally, Exchange Traded Concepts LLC purchased a new position in ProPetro in the 3rd quarter worth about $1,013,000. Hedge funds and other institutional investors own 84.70% of the company's stock.

Insider Buying and Selling

In related news, Director Michele Vion sold 5,000 shares of the company's stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $8.26, for a total value of $41,300.00. Following the sale, the director now owns 34,006 shares in the company, valued at $280,889.56. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.88% of the stock is currently owned by insiders.

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.