Atb Cap Markets Has Pessimistic View of ProPetro Q2 Earnings

ProPetro Holding Corp. (NYSE:PUMP - Free Report) - Atb Cap Markets lowered their Q2 2025 earnings per share estimates for ProPetro in a research note issued on Tuesday, July 1st. Atb Cap Markets analyst W. Syed now expects that the company will earn $0.02 per share for the quarter, down from their previous estimate of $0.03. The consensus estimate for ProPetro's current full-year earnings is $0.25 per share. Atb Cap Markets also issued estimates for ProPetro's Q3 2026 earnings at $0.01 EPS, Q1 2027 earnings at $0.02 EPS, Q2 2027 earnings at $0.06 EPS and FY2027 earnings at $0.25 EPS.

ProPetro (NYSE:PUMP - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.06 by $0.03. ProPetro had a positive return on equity of 2.16% and a negative net margin of 10.60%. The business had revenue of $359.42 million during the quarter, compared to analyst estimates of $344.36 million. During the same period last year, the business posted $0.18 earnings per share. The company's quarterly revenue was down 11.4% on a year-over-year basis.

Other research analysts have also issued reports about the company. JPMorgan Chase & Co. decreased their target price on ProPetro from $8.00 to $7.00 and set a "neutral" rating for the company in a report on Wednesday, May 28th. Stifel Nicolaus decreased their target price on ProPetro from $12.00 to $11.00 and set a "buy" rating for the company in a report on Wednesday, April 30th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $9.75.

ProPetro Trading Down 0.8%

Shares of PUMP traded down $0.05 during midday trading on Thursday, hitting $6.31. 766,411 shares of the stock were exchanged, compared to its average volume of 1,575,205. ProPetro has a 52-week low of $4.61 and a 52-week high of $11.17. The stock has a fifty day simple moving average of $5.86 and a 200 day simple moving average of $7.31. The firm has a market cap of $655.67 million, a P/E ratio of -4.41 and a beta of 1.18. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.39 and a current ratio of 1.44.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Millennium Management LLC boosted its holdings in ProPetro by 359.2% in the fourth quarter. Millennium Management LLC now owns 508,817 shares of the company's stock valued at $4,747,000 after purchasing an additional 398,021 shares during the period. New York State Common Retirement Fund raised its stake in ProPetro by 46.9% in the fourth quarter. New York State Common Retirement Fund now owns 23,498 shares of the company's stock valued at $219,000 after buying an additional 7,502 shares in the last quarter. Principal Financial Group Inc. raised its stake in ProPetro by 1.6% in the fourth quarter. Principal Financial Group Inc. now owns 384,768 shares of the company's stock valued at $3,590,000 after buying an additional 6,099 shares in the last quarter. Deutsche Bank AG raised its stake in ProPetro by 47.5% in the fourth quarter. Deutsche Bank AG now owns 81,611 shares of the company's stock valued at $761,000 after buying an additional 26,299 shares in the last quarter. Finally, GAMMA Investing LLC raised its stake in ProPetro by 714.0% in the first quarter. GAMMA Investing LLC now owns 36,191 shares of the company's stock valued at $266,000 after buying an additional 31,745 shares in the last quarter. 84.70% of the stock is currently owned by hedge funds and other institutional investors.

ProPetro Company Profile

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.