ProPetro Holding Corp. (NYSE:PUMP – Free Report) – Analysts at Zacks Research dropped their FY2025 earnings per share estimates for shares of ProPetro in a research note issued to investors on Tuesday, February 11th. Zacks Research analyst N. Choudhury now forecasts that the company will post earnings per share of $0.30 for the year, down from their prior estimate of $0.33. The consensus estimate for ProPetro’s current full-year earnings is $0.26 per share. Zacks Research also issued estimates for ProPetro’s Q4 2025 earnings at $0.03 EPS, Q2 2026 earnings at $0.13 EPS, Q3 2026 earnings at $0.05 EPS, Q4 2026 earnings at $0.09 EPS and FY2026 earnings at $0.41 EPS.
PUMP has been the topic of a number of other research reports. JPMorgan Chase & Co. upgraded shares of ProPetro from an “underweight” rating to a “neutral” rating and set a $10.00 target price on the stock in a research report on Friday, December 6th. Barclays reduced their price target on ProPetro from $13.00 to $12.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 16th. Finally, Citigroup lifted their price objective on ProPetro from $8.00 to $10.00 and gave the company a “neutral” rating in a research report on Tuesday, January 7th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, ProPetro presently has a consensus rating of “Hold” and an average price target of $10.75.
ProPetro Price Performance
ProPetro stock opened at $8.81 on Thursday. The firm’s 50-day moving average is $9.49 and its two-hundred day moving average is $8.52. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.20 and a quick ratio of 1.14. The stock has a market capitalization of $906.81 million, a P/E ratio of -6.62 and a beta of 1.98. ProPetro has a 12-month low of $6.53 and a 12-month high of $11.17.
Hedge Funds Weigh In On ProPetro
Institutional investors and hedge funds have recently bought and sold shares of the stock. Pacer Advisors Inc. grew its stake in shares of ProPetro by 95.4% during the 3rd quarter. Pacer Advisors Inc. now owns 7,152,687 shares of the company’s stock valued at $54,790,000 after buying an additional 3,491,723 shares during the period. Van ECK Associates Corp grew its position in ProPetro by 57.3% during the fourth quarter. Van ECK Associates Corp now owns 1,527,598 shares of the company’s stock valued at $14,253,000 after acquiring an additional 556,747 shares during the period. Point72 Asset Management L.P. purchased a new stake in ProPetro during the third quarter valued at about $3,525,000. Brandywine Global Investment Management LLC acquired a new stake in ProPetro during the fourth quarter worth about $2,937,000. Finally, Weiss Asset Management LP purchased a new position in shares of ProPetro in the 3rd quarter worth about $2,292,000. 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.
See Also
- Five stocks we like better than ProPetro
- What Investors Need to Know About Upcoming IPOs
- CVS Health: Earnings Beat Ignites Stock Rally
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- Honeywell’s Breakup: Is HON Stock a Sweet Deal for Investors?
- Growth Stocks: What They Are, Examples and How to Invest
- PayPal: Time to Strike With Shares Down Double Digits?
Receive News & Ratings for ProPetro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProPetro and related companies with MarketBeat.com's FREE daily email newsletter.