What is Zacks Research's Estimate for ProPetro Q1 Earnings?

ProPetro Holding Corp. (NYSE:PUMP - Free Report) - Research analysts at Zacks Research cut their Q1 2026 earnings per share (EPS) estimates for shares of ProPetro in a report released on Wednesday, June 18th. Zacks Research analyst N. Choudhury now forecasts 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. Zacks Research also issued estimates for ProPetro's FY2026 earnings at $0.05 EPS, Q1 2027 earnings at $0.21 EPS and FY2027 earnings at $0.34 EPS.

ProPetro (NYSE:PUMP - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.06 by $0.03. The firm 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%. The company's revenue was down 11.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.18 EPS.

Several other equities analysts have also commented on the company. JPMorgan Chase & Co. reduced their price objective on ProPetro from $8.00 to $7.00 and set a "neutral" rating on the stock in a research report on Wednesday, May 28th. Benchmark restated a "hold" rating on shares of ProPetro in a research report on Thursday, February 20th. Barclays reduced their price target on ProPetro from $12.00 to $11.00 and set an "overweight" rating on the stock in a research report on Monday, March 3rd. Finally, 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 report on Wednesday, April 30th. 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 data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $9.75.

ProPetro Price Performance

Shares of ProPetro stock opened at $6.64 on Thursday. 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 firm has a market capitalization of $689.44 million, a PE ratio of -4.64 and a beta of 1.17. The business's 50-day moving average price is $5.61 and its 200-day moving average price is $7.52. ProPetro has a 12 month low of $4.61 and a 12 month high of $11.17.

Institutional Investors Weigh In On ProPetro

A number of large investors have recently made changes to their positions in PUMP. Quarry LP bought a new stake in shares of ProPetro in the 1st quarter worth approximately $25,000. Smartleaf Asset Management LLC grew its position in shares of ProPetro by 205.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,983 shares of the company's stock worth $28,000 after buying an additional 2,005 shares during the last quarter. Headlands Technologies LLC bought a new stake in shares of ProPetro in the 1st quarter worth approximately $32,000. State of Wyoming bought a new stake in shares of ProPetro in the 1st quarter worth approximately $48,000. Finally, Aigen Investment Management LP bought a new stake in shares of ProPetro in the 1st quarter worth approximately $80,000. 84.70% of the stock is currently owned by 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.

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