Zacks Research Issues Positive Outlook for ProPetro Earnings

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

ProPetro (NYSE:PUMP - Get Free Report) last announced its earnings results on Tuesday, April 29th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $359.42 million during the quarter, compared to analyst estimates of $344.36 million. During the same period in the previous year, the business earned $0.18 earnings per share. The firm's quarterly revenue was down 11.4% compared to the same quarter last year.

Several other research analysts have also issued reports on the stock. 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. Barclays lowered their price target on shares of ProPetro from $12.00 to $11.00 and set an "overweight" rating for the company in a research note on Monday, March 3rd. Finally, Stifel Nicolaus lowered their price target on shares of ProPetro from $12.00 to $11.00 and set a "buy" rating for the company in a research note on Wednesday, April 30th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, ProPetro currently has a consensus rating of "Hold" and a consensus price target of $9.75.

ProPetro Price Performance

NYSE:PUMP traded up $0.09 during midday trading on Monday, hitting $6.06. The company had a trading volume of 1,219,042 shares, compared to its average volume of 1,560,179. ProPetro has a 52-week low of $4.61 and a 52-week high of $11.17. The stock's fifty day moving average price is $5.75 and its 200-day moving average price is $7.44. The company has a market capitalization of $629.18 million, a PE ratio of -4.23 and a beta of 1.17. The company has a quick ratio of 1.39, a current ratio of 1.44 and a debt-to-equity ratio of 0.05.

Institutional Trading of ProPetro

Hedge funds have recently added to or reduced their stakes in the business. Millennium Management LLC lifted its stake in ProPetro by 359.2% in the fourth quarter. Millennium Management LLC now owns 508,817 shares of the company's stock worth $4,747,000 after purchasing an additional 398,021 shares during the last quarter. New York State Common Retirement Fund lifted its stake in ProPetro by 46.9% in the fourth quarter. New York State Common Retirement Fund now owns 23,498 shares of the company's stock worth $219,000 after purchasing an additional 7,502 shares during the last quarter. Principal Financial Group Inc. raised its stake in shares of ProPetro by 1.6% during the fourth 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 during the last quarter. Deutsche Bank AG boosted its holdings in shares of ProPetro by 47.5% during the fourth quarter. Deutsche Bank AG now owns 81,611 shares of the company's stock worth $761,000 after purchasing an additional 26,299 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in shares of ProPetro by 714.0% during the first quarter. GAMMA Investing LLC now owns 36,191 shares of the company's stock worth $266,000 after purchasing an additional 31,745 shares during the period. 84.70% of the stock is 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.