Zacks Research Issues Negative Outlook for ProPetro Earnings

Key Points

• Zacks Research has lowered its Q2 2025 earnings per share estimate for ProPetro from $0.03 to $0.02, while the consensus for the full year remains at $0.25.
• ProPetro's stock has recently received mixed ratings from analysts, with a range of price targets from $7.00 (JPMorgan and Piper Sandler) to $10.00 (Stifel Nicolaus), presenting an overall average target of $9.00.
• The company, which operates in the oilfield services sector, has a market capitalization of $658.27 million and a debt-to-equity ratio of 0.05, indicating a relatively low level of debt.

ProPetro Holding Corp. (NYSE:PUMP - Free Report) - Equities research analysts at Zacks Research decreased their Q2 2025 EPS estimates for shares of ProPetro in a research note issued on Tuesday, July 29th. Zacks Research analyst N. Choudhury now forecasts that the company will post earnings per share of $0.02 for the quarter, down from their prior forecast 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 Q2 2026 earnings at ($0.01) EPS, Q1 2027 earnings at $0.15 EPS and FY2027 earnings at $0.26 EPS.

Several other research firms have also issued reports on PUMP. Stifel Nicolaus set a $10.00 price objective on shares of ProPetro and gave the company a "buy" rating in a research note on Wednesday, July 16th. JPMorgan Chase & Co. cut their target price on shares of ProPetro from $8.00 to $7.00 and set a "neutral" rating for the company in a research report on Wednesday, May 28th. Finally, Piper Sandler initiated coverage on shares of ProPetro in a research report on Monday, July 14th. They set a "neutral" rating and a $7.00 target price for the company. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $9.00.

ProPetro Stock Down 5.0%

Shares of PUMP stock traded down $0.27 during trading on Wednesday, hitting $5.09. 2,976,646 shares of the company were exchanged, compared to its average volume of 2,056,050. 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 0.07, a quick ratio of 1.39 and a current ratio of 1.42. The firm has a market capitalization of $528.90 million, a price-to-earnings ratio of -3.46 and a beta of 1.18. The business's 50-day simple moving average is $6.04 and its 200 day simple moving average is $6.79.

ProPetro (NYSE:PUMP - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by ($0.10). The firm had revenue of $326.15 million for the quarter, compared to analyst estimates of $331.26 million. ProPetro had a negative net margin of 11.10% and a positive return on equity of 1.84%. The firm's revenue was down 9.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.03) EPS.

Hedge Funds Weigh In On ProPetro

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. MetLife Investment Management LLC increased its position in shares of ProPetro by 2.5% during the fourth quarter. MetLife Investment Management LLC now owns 52,933 shares of the company's stock worth $494,000 after buying an additional 1,270 shares during the period. Corient Private Wealth LLC increased its position in shares of ProPetro by 8.7% during the fourth quarter. Corient Private Wealth LLC now owns 17,591 shares of the company's stock worth $164,000 after buying an additional 1,405 shares during the period. Hsbc Holdings PLC increased its position in shares of ProPetro by 3.5% during the first quarter. Hsbc Holdings PLC now owns 49,858 shares of the company's stock worth $371,000 after buying an additional 1,675 shares during the period. Nisa Investment Advisors LLC increased its position in shares of ProPetro by 1.2% during the second quarter. Nisa Investment Advisors LLC now owns 163,394 shares of the company's stock worth $975,000 after buying an additional 1,990 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in ProPetro by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,534 shares of the company's stock worth $379,000 after purchasing an additional 2,230 shares during the period. Institutional investors 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.