ProPetro Holding Corp. (NYSE:PUMP - Free Report) - Research analysts at Atb Cap Markets dropped their Q2 2025 earnings per share estimates for shares of ProPetro in a research note issued on Tuesday, July 1st. Atb Cap Markets analyst W. Syed now forecasts that the company will post earnings of $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.
Several other research analysts have also weighed in on the stock. Stifel Nicolaus decreased their price objective on shares of ProPetro from $12.00 to $11.00 and set a "buy" rating for the company in a report on Wednesday, April 30th. JPMorgan Chase & Co. reduced their price target on shares of ProPetro from $8.00 to $7.00 and set a "neutral" rating on the stock in a research report on Wednesday, May 28th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $9.75.
Check Out Our Latest Stock Analysis on ProPetro
ProPetro Stock Down 0.8%
Shares of NYSE:PUMP traded down $0.05 during midday trading on Thursday, reaching $6.31. The company had a trading volume of 766,411 shares, compared to its average volume of 1,575,536. The stock has a market capitalization of $655.67 million, a P/E ratio of -4.41 and a beta of 1.18. The stock's fifty day moving average price is $5.86 and its 200-day moving average price is $7.28. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.44 and a quick ratio of 1.39. ProPetro has a one year low of $4.61 and a one year high of $11.17.
ProPetro (NYSE:PUMP - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.03. The company had revenue of $359.42 million for the quarter, compared to the consensus estimate of $344.36 million. ProPetro had a positive return on equity of 2.16% and a negative net margin of 10.60%. ProPetro's revenue for the quarter was down 11.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.18 EPS.
Institutional Trading of ProPetro
Several institutional investors have recently added to or reduced their stakes in the business. MetLife Investment Management LLC grew its position in shares of ProPetro by 2.5% during the 4th quarter. MetLife Investment Management LLC now owns 52,933 shares of the company's stock valued at $494,000 after buying an additional 1,270 shares during the last quarter. Corient Private Wealth LLC lifted its holdings in ProPetro by 8.7% in the fourth quarter. Corient Private Wealth LLC now owns 17,591 shares of the company's stock worth $164,000 after acquiring an additional 1,405 shares during the last quarter. Hsbc Holdings PLC boosted its stake in ProPetro by 3.5% in the first quarter. Hsbc Holdings PLC now owns 49,858 shares of the company's stock valued at $371,000 after acquiring an additional 1,675 shares during the period. Smartleaf Asset Management LLC grew its holdings in shares of ProPetro by 205.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,983 shares of the company's stock valued at $28,000 after purchasing an additional 2,005 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of ProPetro by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,534 shares of the company's stock worth $379,000 after purchasing an additional 2,230 shares during the period. Institutional investors 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 Stories
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.
