ProPetro (NYSE:PUMP - Get Free Report) is projected to release its earnings data before the market opens on Wednesday, February 19th. Analysts expect ProPetro to post earnings of $0.01 per share and revenue of $317.62 million for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.
ProPetro Stock Performance
NYSE:PUMP traded up $0.13 during trading hours on Friday, hitting $8.81. 829,239 shares of the company traded hands, compared to its average volume of 1,414,764. The stock has a market capitalization of $906.40 million, a price-to-earnings ratio of -6.62 and a beta of 1.98. ProPetro has a twelve month low of $6.53 and a twelve month high of $11.17. The firm has a 50-day moving average of $9.51 and a 200 day moving average of $8.52. The company has a current ratio of 1.20, a quick ratio of 1.14 and a debt-to-equity ratio of 0.05.
Analysts Set New Price Targets
Several research firms recently commented on PUMP. Citigroup upped their target price on shares of ProPetro from $8.00 to $10.00 and gave the company a "neutral" rating in a research note on Tuesday, January 7th. JPMorgan Chase & Co. upgraded shares of ProPetro from an "underweight" rating to a "neutral" rating and set a $10.00 price objective for the company in a research note on Friday, December 6th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $10.75.
View Our Latest Analysis on PUMP
About ProPetro
(
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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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