ProPetro Holding Corp. (NYSE:PUMP - Free Report) - Equities research analysts at Zacks Research lowered their Q2 2025 earnings estimates for ProPetro in a report issued on Wednesday, March 5th. Zacks Research analyst N. Choudhury now expects that the company will post earnings per share of $0.09 for the quarter, down from their previous estimate of $0.10. 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 $0.12 EPS, Q3 2026 earnings at $0.04 EPS and FY2027 earnings at $0.89 EPS.
Several other analysts have also recently commented on PUMP. Stifel Nicolaus increased their target price on ProPetro from $11.00 to $12.00 and gave the stock a "buy" rating in a report on Friday, February 21st. Barclays decreased their price objective on shares of ProPetro from $12.00 to $11.00 and set an "overweight" rating on the stock in a report on Monday, March 3rd. JPMorgan Chase & Co. raised shares of ProPetro from an "underweight" rating to a "neutral" rating and set a $10.00 target price for the company in a research note on Friday, December 6th. Benchmark reissued a "hold" rating on shares of ProPetro in a research note on Thursday, February 20th. Finally, Citigroup raised their price target on shares of ProPetro from $8.00 to $10.00 and gave the company a "neutral" rating in a report on Tuesday, January 7th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $10.75.
Get Our Latest Analysis on ProPetro
ProPetro Price Performance
PUMP stock traded down $0.10 during midday trading on Friday, reaching $6.90. 1,613,672 shares of the company's stock traded hands, compared to its average volume of 1,677,286. The company has a 50-day simple moving average of $9.25 and a two-hundred day simple moving average of $8.50. The company has a quick ratio of 1.14, a current ratio of 1.31 and a debt-to-equity ratio of 0.06. ProPetro has a 1-year low of $6.53 and a 1-year high of $11.17. The company has a market cap of $711.35 million, a price-to-earnings ratio of -5.15 and a beta of 2.03.
Institutional Investors Weigh In On ProPetro
Several institutional investors have recently modified their holdings of PUMP. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in ProPetro by 16.7% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 228,835 shares of the company's stock valued at $2,135,000 after acquiring an additional 32,710 shares during the last quarter. Voloridge Investment Management LLC bought a new position in shares of ProPetro in the 4th quarter worth $533,000. Waverly Advisors LLC acquired a new stake in shares of ProPetro during the fourth quarter worth $115,000. Sourcerock Group LLC bought a new stake in ProPetro in the fourth quarter valued at about $14,079,000. Finally, Squarepoint Ops LLC acquired a new position in ProPetro in the fourth quarter valued at about $2,024,000. Institutional investors and hedge funds own 84.70% of the company's stock.
About ProPetro
(
Get Free Report)
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.
Featured Articles
Before you consider ProPetro, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ProPetro wasn't on the list.
While ProPetro currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
