FY2025 EPS Estimates for ProPetro Decreased by Analyst

ProPetro Holding Corp. (NYSE:PUMP - Free Report) - Research analysts at Zacks Research decreased their FY2025 earnings per share estimates for shares of ProPetro in a note issued to investors on Thursday, July 10th. Zacks Research analyst N. Choudhury now forecasts that the company will post earnings per share of ($0.01) for the year, down from their prior estimate of $0.02. The consensus estimate for ProPetro's current full-year earnings is $0.25 per share. Zacks Research also issued estimates for ProPetro's Q2 2026 earnings at $0.00 EPS, Q1 2027 earnings at $0.19 EPS, Q2 2027 earnings at $0.04 EPS and FY2027 earnings at $0.27 EPS.

Several other equities research analysts have also recently weighed in on the company. Stifel Nicolaus reduced their price target on ProPetro from $12.00 to $11.00 and set a "buy" rating on the stock in a research note on Wednesday, April 30th. JPMorgan Chase & Co. dropped their target price on ProPetro from $8.00 to $7.00 and set a "neutral" rating on the stock in a report on Wednesday, May 28th. 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 MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $9.75.

ProPetro Stock Performance

Shares of PUMP stock opened at $6.55 on Monday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.39 and a current ratio of 1.44. ProPetro has a fifty-two week low of $4.61 and a fifty-two week high of $11.17. The stock has a 50 day moving average price of $5.98 and a two-hundred day moving average price of $7.20. The company has a market capitalization of $680.61 million, a P/E ratio of -4.58 and a beta of 1.18.

ProPetro (NYSE:PUMP - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The company reported $0.09 earnings per share for the quarter, beating 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 firm had revenue of $359.42 million during the quarter, compared to the consensus estimate of $344.36 million. During the same quarter in the previous year, the company posted $0.18 earnings per share. The business's revenue was down 11.4% on a year-over-year basis.

Hedge Funds Weigh In On ProPetro

Several institutional investors have recently added to or reduced their stakes in PUMP. Quarry LP purchased a new position in shares of ProPetro in the 1st quarter worth approximately $25,000. Headlands Technologies LLC bought a new position in shares of ProPetro in the 1st quarter worth $32,000. State of Wyoming bought a new position in shares of ProPetro in the 1st quarter worth $48,000. Raymond James Financial Inc. bought a new position in shares of ProPetro in the 4th quarter worth $94,000. Finally, Tower Research Capital LLC TRC raised its position in shares of ProPetro by 101.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 10,452 shares of the company's stock worth $98,000 after acquiring an additional 5,270 shares in the last quarter. Hedge funds and other institutional investors 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.

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