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What is Zacks Research's Forecast for ProPetro Q2 Earnings?

ProPetro logo with Energy background

ProPetro Holding Corp. (NYSE:PUMP - Free Report) - Equities researchers at Zacks Research lifted their Q2 2025 EPS estimates for ProPetro in a research note issued to investors on Wednesday, June 18th. Zacks Research analyst N. Choudhury now anticipates that the company will post earnings of $0.04 per share for the quarter, up 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 Q3 2025 earnings at ($0.03) EPS, Q4 2025 earnings at ($0.09) EPS and Q4 2026 earnings at $0.02 EPS.

A number of other research firms have also recently issued reports on PUMP. Stifel Nicolaus lowered their target price on ProPetro from $12.00 to $11.00 and set a "buy" rating for the company in a research note on Wednesday, April 30th. Barclays cut their price objective on ProPetro from $12.00 to $11.00 and set an "overweight" rating for the company in a report on Monday, March 3rd. Finally, 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. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat, ProPetro presently has a consensus rating of "Hold" and a consensus price target of $9.75.

Read Our Latest Research Report on ProPetro

ProPetro Price Performance

NYSE PUMP opened at $6.56 on Monday. The business has a 50 day simple moving average of $5.68 and a 200 day simple moving average of $7.48. ProPetro has a 52-week low of $4.61 and a 52-week high of $11.17. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.39 and a current ratio of 1.44. The stock 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 announced its quarterly earnings data on Tuesday, April 29th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.03. The firm had revenue of $359.42 million during 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% compared to the same quarter last year. During the same period in the previous year, the business posted $0.18 EPS.

Institutional Investors Weigh In On ProPetro

Several institutional investors have recently added to or reduced their stakes in PUMP. MetLife Investment Management LLC increased its position in shares of ProPetro by 2.5% in the fourth quarter. MetLife Investment Management LLC now owns 52,933 shares of the company's stock worth $494,000 after purchasing an additional 1,270 shares during the last quarter. Corient Private Wealth LLC raised its holdings 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 valued at $164,000 after acquiring an additional 1,405 shares in the last quarter. Ieq Capital LLC lifted its stake in ProPetro by 13.0% in the fourth quarter. Ieq Capital LLC now owns 13,604 shares of the company's stock worth $127,000 after acquiring an additional 1,564 shares during the period. Hsbc Holdings PLC boosted its holdings in ProPetro by 3.5% in the first quarter. Hsbc Holdings PLC now owns 49,858 shares of the company's stock valued at $371,000 after acquiring an additional 1,675 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its position in ProPetro by 205.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,983 shares of the company's stock valued at $28,000 after purchasing an additional 2,005 shares during the period. 84.70% of the stock is owned by hedge funds and other institutional investors.

About ProPetro

(Get Free Report)

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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Earnings History and Estimates for ProPetro (NYSE:PUMP)

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