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NYSE:PUMP

ProPetro (PUMP) Stock Price, News & Analysis

ProPetro logo
$9.00 +0.08 (+0.90%)
(As of 12/24/2024 05:10 PM ET)

About ProPetro Stock (NYSE:PUMP)

Key Stats

Today's Range
$8.73
$9.03
50-Day Range
$6.58
$9.68
52-Week Range
$6.53
$10.02
Volume
600,781 shs
Average Volume
1.52 million shs
Market Capitalization
$926.37 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.25
Consensus Rating
Hold

Company Overview

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.

ProPetro Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
31st Percentile Overall Score

PUMP MarketRank™: 

ProPetro scored higher than 31% of companies evaluated by MarketBeat, and ranked 218th out of 274 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    ProPetro has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    ProPetro has only been the subject of 4 research reports in the past 90 days.

  • Read more about ProPetro's stock forecast and price target.
  • Earnings Growth

    Earnings for ProPetro are expected to grow in the coming year, from ($0.45) to $0.39 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of ProPetro is -6.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of ProPetro is -6.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    ProPetro has a P/B Ratio of 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    12.66% of the float of ProPetro has been sold short.
  • Short Interest Ratio / Days to Cover

    ProPetro has a short interest ratio ("days to cover") of 7.8.
  • Change versus previous month

  • Dividend Yield

    ProPetro does not currently pay a dividend.

  • Dividend Growth

    ProPetro does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    12.66% of the float of ProPetro has been sold short.
  • Short Interest Ratio / Days to Cover

    ProPetro has a short interest ratio ("days to cover") of 7.8.
  • Change versus previous month

  • News Sentiment

    ProPetro has a news sentiment score of 0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for ProPetro this week, compared to 3 articles on an average week.
  • Search Interest

    Only 1 people have searched for PUMP on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, ProPetro insiders have bought more of their company's stock than they have sold. Specifically, they have bought $30,870.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 0.88% of the stock of ProPetro is held by insiders.

  • Percentage Held by Institutions

    84.70% of the stock of ProPetro is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about ProPetro's insider trading history.
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PUMP Stock News Headlines

Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
Benchmark Co. Remains a Hold on Propetro Holding (PUMP)
ProPetro Launches ProPWR Subsidiary as Stock Jumps 18%
See More Headlines

PUMP Stock Analysis - Frequently Asked Questions

ProPetro's stock was trading at $8.38 on January 1st, 2024. Since then, PUMP stock has increased by 7.4% and is now trading at $9.00.
View the best growth stocks for 2024 here
.

ProPetro Holding Corp. (NYSE:PUMP) issued its earnings results on Wednesday, July, 31st. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.08 by $0.11. The business's revenue was down 17.9% compared to the same quarter last year.

ProPetro (PUMP) raised $350 million in an initial public offering (IPO) on Friday, March 17th 2017. The company issued 20,000,000 shares at a price of $16.00-$19.00 per share. Goldman Sachs, Barclays, Credit Suisse and J.P. Morgan acted as the underwriters for the IPO and Evercore ISI, RBC Capital Markets, Simmons & Company (Energy Specialists of Piper Jaffray), Raymond James, Deutsche Bank Securities, Tudor, Pickering, Holt and Johnson Rice & Company L.L.C. Jonnson Rice & Company were co-managers.

ProPetro's top institutional shareholders include Pacer Advisors Inc. (6.95%), State Street Corp (3.64%), Geode Capital Management LLC (1.88%) and Charles Schwab Investment Management Inc. (1.24%). Insiders that own company stock include David Scott Schorlemer, Adam Munoz, Michele Vion and Elo Omavuezi.
View institutional ownership trends
.

Shares of PUMP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that ProPetro investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), ServiceNow (NOW), Palo Alto Networks (PANW) and CrowdStrike (CRWD).

Company Calendar

Last Earnings
7/31/2024
Today
12/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Oil & gas field services, not elsewhere classified
Sub-Industry
Petroleum And Natural Gas
Employees
2,070
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.25
High Stock Price Target
$12.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+13.9%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$85.63 million
Pretax Margin
-11.36%

Debt

Sales & Book Value

Annual Sales
$1.47 billion
Cash Flow
$2.39 per share
Book Value
$9.06 per share

Miscellaneous

Free Float
102,024,000
Market Cap
$926.37 million
Optionable
Optionable
Beta
2.07
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This page (NYSE:PUMP) was last updated on 12/25/2024 by MarketBeat.com Staff
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