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

ProPetro Holding Corp. (NYSE:PUMP - Free Report) - Research analysts at Zacks Research decreased their Q1 2026 EPS estimates for ProPetro in a research note issued on Wednesday, June 18th. Zacks Research analyst N. Choudhury now anticipates that the company will post earnings per share of $0.02 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.

Other analysts have also issued reports about the company. JPMorgan Chase & Co. cut their price objective on ProPetro from $8.00 to $7.00 and set a "neutral" rating for the company in a report on Wednesday, May 28th. Barclays reduced their price target on ProPetro from $12.00 to $11.00 and set an "overweight" rating for the company in a 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 for the company in a report on Wednesday, April 30th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, ProPetro presently has a consensus rating of "Hold" and a consensus price target of $9.75.

ProPetro Trading Down 1.4%

ProPetro stock traded down $0.10 during midday trading on Thursday, reaching $6.56. The stock had a trading volume of 3,802,354 shares, compared to its average volume of 1,546,865. The firm's fifty day simple moving average is $5.68 and its two-hundred day simple moving average is $7.48. ProPetro has a twelve month low of $4.61 and a twelve month high of $11.17. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.44 and a quick ratio of 1.39. The firm has a market cap of $681.13 million, a price-to-earnings ratio of -4.58 and a beta of 1.17.

ProPetro (NYSE:PUMP - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The company reported $0.09 EPS for the quarter, topping analysts' consensus estimates of $0.06 by $0.03. ProPetro had a negative net margin of 10.60% and a positive return on equity of 2.16%. The firm had revenue of $359.42 million during the quarter, compared to analyst estimates of $344.36 million. During the same quarter last year, the business posted $0.18 EPS. The company's revenue was down 11.4% on a year-over-year basis.

Institutional Trading of ProPetro

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Millennium Management LLC raised its stake in shares of ProPetro by 359.2% in the 4th quarter. Millennium Management LLC now owns 508,817 shares of the company's stock valued at $4,747,000 after acquiring an additional 398,021 shares in the last quarter. New York State Common Retirement Fund raised its stake in shares of ProPetro by 46.9% in the 4th quarter. New York State Common Retirement Fund now owns 23,498 shares of the company's stock valued at $219,000 after acquiring an additional 7,502 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of ProPetro by 1.6% in the 4th quarter. Principal Financial Group Inc. now owns 384,768 shares of the company's stock valued at $3,590,000 after acquiring an additional 6,099 shares in the last quarter. Deutsche Bank AG raised its stake in shares of ProPetro by 47.5% in the 4th quarter. Deutsche Bank AG now owns 81,611 shares of the company's stock valued at $761,000 after acquiring an additional 26,299 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. raised its stake in shares of ProPetro by 41.6% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 180,844 shares of the company's stock valued at $1,687,000 after acquiring an additional 53,085 shares in the last quarter. Institutional investors and hedge funds 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.