ProPetro (PUMP) to Release Earnings on Wednesday

ProPetro (NYSE:PUMP - Get Free Report) is expected to issue its Q2 2025 quarterly earnings data before the market opens on Wednesday, July 30th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $331.26 million for the quarter.

ProPetro (NYSE:PUMP - Get Free Report) last issued its earnings results on Tuesday, April 29th. The company reported $0.09 earnings per share (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 analysts' expectations of $344.36 million. ProPetro had a positive return on equity of 2.16% and a negative net margin of 10.60%. The company's quarterly revenue was down 11.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.18 EPS. On average, analysts expect ProPetro to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

ProPetro Price Performance

Shares of NYSE PUMP traded down $0.16 during mid-day trading on Friday, reaching $5.95. The company had a trading volume of 939,812 shares, compared to its average volume of 1,712,289. The company has a current ratio of 1.44, a quick ratio of 1.39 and a debt-to-equity ratio of 0.05. The stock has a market cap of $617.74 million, a PE ratio of -4.16 and a beta of 1.18. The company has a 50-day moving average price of $6.03 and a two-hundred day moving average price of $7.00. ProPetro has a 1-year low of $4.61 and a 1-year high of $11.17.

Analysts Set New Price Targets

PUMP has been the topic of a number of research analyst reports. JPMorgan Chase & Co. lowered their price target on ProPetro from $8.00 to $7.00 and set a "neutral" rating on the stock in a report on Wednesday, May 28th. Piper Sandler initiated coverage on ProPetro in a research report on Monday, July 14th. They issued a "neutral" rating and a $7.00 price target for the company. Finally, Stifel Nicolaus set a $10.00 price target on ProPetro and gave the stock a "buy" rating in a research report on Wednesday, July 16th. Four 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 has an average rating of "Hold" and a consensus price target of $9.00.

Hedge Funds Weigh In On ProPetro

Large investors have recently added to or reduced their stakes in the company. Strs Ohio bought a new position in shares of ProPetro during the 1st quarter worth approximately $166,000. Jane Street Group LLC boosted its position in ProPetro by 1.4% in the 1st quarter. Jane Street Group LLC now owns 224,275 shares of the company's stock valued at $1,648,000 after buying an additional 3,100 shares during the last quarter. Caxton Associates LLP bought a new position in ProPetro in the 1st quarter valued at $272,000. Goldman Sachs Group Inc. boosted its position in ProPetro by 3.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 609,935 shares of the company's stock valued at $4,483,000 after buying an additional 21,519 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its position in ProPetro by 16,264.8% in the 1st quarter. Jones Financial Companies Lllp now owns 27,002 shares of the company's stock valued at $198,000 after buying an additional 26,837 shares during the last quarter. Institutional investors and hedge funds own 84.70% of the company's stock.

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.