FY2025 EPS Estimates for ProPetro Reduced by Zacks Research

ProPetro Holding Corp. (NYSE:PUMP - Free Report) - Zacks Research lowered their FY2025 earnings per share estimates for shares of ProPetro in a research report issued on Thursday, July 10th. Zacks Research analyst N. Choudhury now forecasts that the company will earn ($0.01) per share 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.

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 analysts' consensus estimates of $0.06 by $0.03. The business had revenue of $359.42 million for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the prior year, the company earned $0.18 EPS.

A number of other equities research analysts have also commented on PUMP. Piper Sandler began coverage on ProPetro in a research report on Monday. They set a "neutral" rating and a $7.00 price target on the stock. JPMorgan Chase & Co. decreased their price target on ProPetro from $8.00 to $7.00 and set a "neutral" rating on the stock in a research report on Wednesday, May 28th. Finally, Stifel Nicolaus set a $10.00 price target on ProPetro and gave the stock a "buy" rating in a research report on Wednesday. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, ProPetro currently has an average rating of "Hold" and an average target price of $9.00.

ProPetro Price Performance

NYSE PUMP traded up $0.07 during trading hours on Monday, reaching $5.80. 1,246,273 shares of the company's stock were exchanged, compared to its average volume of 1,587,036. The stock has a market cap of $602.37 million, a PE ratio of -4.05 and a beta of 1.18. ProPetro has a one year low of $4.61 and a one year high of $11.17. The firm has a fifty day moving average of $6.03 and a 200-day moving average of $7.14. The company has a current ratio of 1.44, a quick ratio of 1.39 and a debt-to-equity ratio of 0.05.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. SummerHaven Investment Management LLC boosted its position in ProPetro by 2.9% in the 2nd quarter. SummerHaven Investment Management LLC now owns 99,361 shares of the company's stock valued at $593,000 after buying an additional 2,789 shares during the last quarter. State of Alaska Department of Revenue boosted its position in ProPetro by 8.5% in the 2nd quarter. State of Alaska Department of Revenue now owns 47,664 shares of the company's stock valued at $284,000 after buying an additional 3,749 shares during the last quarter. Public Employees Retirement System of Ohio boosted its position in ProPetro by 226.6% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 16,524 shares of the company's stock valued at $99,000 after buying an additional 11,464 shares during the last quarter. Counterpoint Mutual Funds LLC bought a new position in ProPetro in the 2nd quarter valued at $392,000. Finally, Wedge Capital Management L L P NC boosted its position in ProPetro by 44.8% in the 2nd quarter. Wedge Capital Management L L P NC now owns 214,849 shares of the company's stock valued at $1,283,000 after buying an additional 66,486 shares during the last quarter. 84.70% of the stock is currently owned by institutional investors.

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.