Zacks Research Issues Negative Outlook for ProPetro Earnings

ProPetro Holding Corp. (NYSE:PUMP - Free Report) - Stock analysts at Zacks Research reduced their Q1 2025 EPS estimates for ProPetro in a research report issued on Wednesday, March 5th. Zacks Research analyst N. Choudhury now forecasts that the company will post earnings per share of $0.06 for the quarter, down from their previous forecast of $0.07. The consensus estimate for ProPetro's current full-year earnings is $0.25 per share. Zacks Research also issued estimates for ProPetro's Q3 2025 earnings at $0.11 EPS, Q1 2026 earnings at $0.16 EPS, Q4 2026 earnings at $0.11 EPS and FY2026 earnings at $0.43 EPS.

Several other research analysts have also issued reports on PUMP. Barclays decreased their price target on shares of ProPetro from $12.00 to $11.00 and set an "overweight" rating on the stock in a research report on Monday, March 3rd. JPMorgan Chase & Co. raised ProPetro from an "underweight" rating to a "neutral" rating and set a $10.00 price target on the stock in a research report on Friday, December 6th. Benchmark restated a "hold" rating on shares of ProPetro in a report on Thursday, February 20th. Stifel Nicolaus raised their price objective on shares of ProPetro from $11.00 to $12.00 and gave the company a "buy" rating in a research report on Friday, February 21st. Finally, Citigroup upped their price target on ProPetro from $8.00 to $10.00 and gave the stock a "neutral" rating in a research note on Tuesday, January 7th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $10.75.

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ProPetro Price Performance

NYSE PUMP traded down $0.24 on Monday, reaching $6.69. The company's stock had a trading volume of 668,421 shares, compared to its average volume of 1,665,873. ProPetro has a twelve month low of $6.53 and a twelve month high of $11.17. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.14 and a current ratio of 1.31. The firm's 50 day moving average is $9.16 and its two-hundred day moving average is $8.48. The stock has a market cap of $690.30 million, a PE ratio of -4.98 and a beta of 2.03.

Institutional Investors Weigh In On ProPetro

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Smartleaf Asset Management LLC lifted its position in ProPetro by 205.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,983 shares of the company's stock worth $28,000 after purchasing an additional 2,005 shares during the period. GAMMA Investing LLC lifted its stake in ProPetro by 38.0% in the fourth quarter. GAMMA Investing LLC now owns 4,446 shares of the company's stock valued at $41,000 after buying an additional 1,225 shares during the period. KBC Group NV boosted its position in shares of ProPetro by 90.5% during the fourth quarter. KBC Group NV now owns 8,045 shares of the company's stock worth $75,000 after purchasing an additional 3,821 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of ProPetro in the 3rd quarter valued at approximately $77,000. Finally, Raymond James Financial Inc. acquired a new position in ProPetro in the 4th quarter worth $94,000. Institutional investors and hedge funds own 84.70% of the company's stock.

About ProPetro

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.