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

ProPetro Holding Corp. (NYSE:PUMP - Free Report) - Analysts at Zacks Research reduced their Q2 2025 earnings per share (EPS) estimates for ProPetro in a report released on Thursday, May 22nd. Zacks Research analyst N. Choudhury now forecasts that the company will earn $0.03 per share for the quarter, down from their prior forecast of $0.04. The consensus estimate for ProPetro's current full-year earnings is $0.25 per share. Zacks Research also issued estimates for ProPetro's FY2025 earnings at $0.02 EPS, Q1 2026 earnings at $0.03 EPS, Q2 2026 earnings at $0.03 EPS, Q4 2026 earnings at $0.01 EPS, FY2026 earnings at $0.06 EPS and Q1 2027 earnings at $0.22 EPS.

ProPetro (NYSE:PUMP - Get Free Report) last posted its earnings results on Tuesday, April 29th. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.03. The company 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 3.20% and a negative net margin of 9.55%. ProPetro's revenue was down 11.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.18 earnings per share.

Several other research firms have also weighed in on PUMP. Benchmark reissued a "hold" rating on shares of ProPetro in a report on Thursday, February 20th. Stifel Nicolaus reduced their price objective on ProPetro from $12.00 to $11.00 and set a "buy" rating on the stock in a research report on Wednesday, April 30th. 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. Finally, Barclays reduced their price objective on ProPetro from $12.00 to $11.00 and set an "overweight" rating on the stock in a research report on Monday, March 3rd. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat, ProPetro has a consensus rating of "Hold" and a consensus price target of $9.75.

ProPetro Price Performance

ProPetro stock traded up $0.07 during trading hours on Monday, hitting $5.52. The stock had a trading volume of 654,411 shares, compared to its average volume of 1,709,410. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.31 and a quick ratio of 1.14. The stock has a market capitalization of $573.06 million, a price-to-earnings ratio of -4.12 and a beta of 1.19. ProPetro has a 1-year low of $4.61 and a 1-year high of $11.17. The stock's fifty day moving average is $5.75 and its two-hundred day moving average is $7.73.

Hedge Funds Weigh In On ProPetro

Several large investors have recently added to or reduced their stakes in PUMP. Quarry LP purchased a new position in ProPetro during the first quarter worth about $25,000. Smartleaf Asset Management LLC lifted its position in ProPetro by 205.0% during the fourth 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 period. Headlands Technologies LLC purchased a new position in ProPetro during the first quarter worth about $32,000. State of Wyoming purchased a new position in ProPetro during the first quarter worth about $48,000. Finally, KBC Group NV lifted its position in ProPetro by 90.5% during the fourth quarter. KBC Group NV now owns 8,045 shares of the company's stock worth $75,000 after buying an additional 3,821 shares during the period. 84.70% of the stock is currently owned by hedge funds and other 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.