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

ProPetro Holding Corp. (NYSE:PUMP - Free Report) - Analysts at Zacks Research cut their Q2 2025 earnings per share (EPS) estimates for ProPetro in a note issued to investors on Thursday, May 22nd. Zacks Research analyst N. Choudhury now expects 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 quarterly earnings results on Tuesday, April 29th. The company reported $0.09 earnings per share (EPS) 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 analysts' expectations of $344.36 million. ProPetro had a positive return on equity of 3.20% and a negative net margin of 9.55%. The firm's revenue was down 11.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.18 earnings per share.

Several other research firms have also recently weighed in on PUMP. Barclays reduced their target price 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. Stifel Nicolaus dropped their price target on shares of ProPetro from $12.00 to $11.00 and set a "buy" rating for the company in a research report on Wednesday, April 30th. Finally, Benchmark reissued a "hold" rating on shares of ProPetro in a research report on Thursday, February 20th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $10.50.

ProPetro Price Performance

Shares of NYSE PUMP traded up $0.08 during trading on Monday, hitting $5.66. The company had a trading volume of 1,062,831 shares, compared to its average volume of 1,574,471. The business's 50-day moving average is $5.79 and its 200 day moving average is $7.75. The company has a market cap of $588.13 million, a P/E ratio of -4.22 and a beta of 1.19. 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 0.06, a quick ratio of 1.14 and a current ratio of 1.31.

Institutional Trading of ProPetro

Several hedge funds have recently modified their holdings of PUMP. Barclays PLC grew its stake in shares of ProPetro by 109.2% during the third quarter. Barclays PLC now owns 242,057 shares of the company's stock valued at $1,855,000 after purchasing an additional 126,346 shares during the last quarter. New York State Common Retirement Fund boosted its position in shares of ProPetro by 46.9% during 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 in the last quarter. Principal Financial Group Inc. boosted its position 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 worth $3,590,000 after purchasing an additional 6,099 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of ProPetro during the fourth quarter worth $948,000. Finally, Jane Street Group LLC boosted its position in shares of ProPetro by 11.0% during the fourth quarter. Jane Street Group LLC now owns 221,175 shares of the company's stock worth $2,064,000 after purchasing an additional 21,980 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.