NYSE:PUMP ProPetro (PUMP) Stock Forecast, Price & News $7.68 -0.21 (-2.66%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$7.62▼$7.8250-Day Range$6.41▼$8.0052-Week Range$6.33▼$13.62Volume966,852 shsAverage Volume1.45 million shsMarket Capitalization$884.97 millionP/E Ratio51.20Dividend YieldN/APrice Target$12.33 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media ProPetro MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside60.6% Upside$12.33 Price TargetShort InterestHealthy5.18% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.17Based on 8 Articles This WeekInsider TradingSelling Shares$144,690 Sold Last QuarterProj. Earnings Growth27.10%From $1.55 to $1.97 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.67 out of 5 starsOils/Energy Sector62nd out of 254 stocksOil & Gas Field Services, Not Elsewhere Classified Industry6th out of 20 stocks 3.2 Analyst's Opinion Consensus RatingProPetro has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.33, ProPetro has a forecasted upside of 60.6% from its current price of $7.68.Amount of Analyst CoverageProPetro has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted5.18% of the float of ProPetro has been sold short.Short Interest Ratio / Days to CoverProPetro has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in ProPetro has recently decreased by 10.65%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldProPetro does not currently pay a dividend.Dividend GrowthProPetro does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PUMP. Previous Next 1.8 News and Social Media Coverage News SentimentProPetro has a news sentiment score of 0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 8 news articles for ProPetro this week, compared to 3 articles on an average week.Search InterestOnly 2 people have searched for PUMP on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added ProPetro to their MarketBeat watchlist in the last 30 days. This is a decrease of -89% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, ProPetro insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $144,690.00 in company stock.Percentage Held by InsidersOnly 0.88% of the stock of ProPetro is held by insiders.Percentage Held by Institutions88.58% of the stock of ProPetro is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for ProPetro are expected to grow by 27.10% in the coming year, from $1.55 to $1.97 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ProPetro is 51.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.23.Price to Earnings Ratio vs. SectorThe P/E ratio of ProPetro is 51.20, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 48.49.Price to Book Value per Share RatioProPetro has a P/B Ratio of 0.92. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About ProPetro (NYSE:PUMP) StockProPetro Holding Corp. is an oilfield services company that engages in the provision of hydraulic fracturing and other complementary services. It operates through the following segments: Hydraulic Fracturing, Cementing, Coil Tubing, Flowback, and Drilling. The Hydraulic Fracturing segment intends to optimize hydrocarbon flow paths during the completion phase of horizontal shale wellbores. The Cementing segment provides isolation between fluid zones behind the casing to minimize potential damage to hydrocarbon bearing formations or the integrity of freshwater aquifers and provides structural integrity for the casing by securing it to the earth. The Coil Tubing segment involves injecting coiled tubing into wells to perform various completion well intervention operations. The Flowback segment consists of production testing, solids control, hydrostatic testing and torque services. The company was founded by Dale Redman and Jeffrey David Smith in 2005 and is headquartered in Midland, TX.Read More Receive PUMP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ProPetro and its competitors with MarketBeat's FREE daily newsletter. Email Address PUMP Stock News HeadlinesJune 9, 2023 | americanbankingnews.comBarclays Trims ProPetro (NYSE:PUMP) Target Price to $12.00June 8, 2023 | msn.comBarclays Maintains ProPetro Holding (PUMP) Overweight RecommendationJune 9, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.June 8, 2023 | finance.yahoo.comProPetro Holding Corp.'s (NYSE:PUMP) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?June 5, 2023 | finance.yahoo.comProPetro Announces Credit Expansion and Extension to 2028June 5, 2023 | msn.comProPetro amends existing asset-based loan facilityJune 3, 2023 | americanbankingnews.comInsider Selling: ProPetro Holding Corp. (NYSE:PUMP) Director Sells $144,690.00 in StockJune 2, 2023 | finance.yahoo.comProPetro (PUMP) Up 5.7% Since Last Earnings Report: Can It Continue?June 9, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Software" to Revolutionize WarfareThis breakthrough will change "the way wars will be fought, and won, for years to come." - Chairman of the Joint Chief of Staff, General Mark Milley Get the name of the company supplying it to the U.S. Army here >>>June 1, 2023 | benzinga.comDirector of ProPetro Holding Sold $144K In StockJune 1, 2023 | americanbankingnews.comProPetro (NYSE:PUMP) Shares Gap Down to $7.12May 27, 2023 | fool.comProPetro (NYSE: PUMP)May 19, 2023 | finance.yahoo.comMaking Sense of ProPetro's (PUMP) $100M Stock Buyback PlanMay 17, 2023 | markets.businessinsider.comProPetro Up 15% On News Of Share BuybackMay 17, 2023 | finance.yahoo.comWhy ProPetro Holding Stock Is Up Big TodayMay 17, 2023 | markets.businessinsider.comProPetro Holding To Buy Back $100 Mln Of Shares; Stock Up In Pre-marketMay 17, 2023 | finance.yahoo.comProPetro Announces $100 Million Share Repurchase ProgramMay 10, 2023 | msn.comProPetro Holding Earnings Perspective: Return On Capital EmployedMay 9, 2023 | americanbankingnews.comFY2023 Earnings Estimate for ProPetro Holding Corp. (NYSE:PUMP) Issued By Atb Cap MarketsMay 7, 2023 | seekingalpha.comProPetro: Don't Write Off This Shale Fracker For 2023May 5, 2023 | americanbankingnews.comAtb Cap Markets Weighs in on ProPetro Holding Corp.'s Q2 2023 Earnings (NYSE:PUMP)May 4, 2023 | finance.yahoo.comProPetro Holding First Quarter 2023 Earnings: Revenues Beat Expectations, EPS LagsMay 4, 2023 | seekingalpha.comProPetro Holding Corp. 2023 Q1 - Results - Earnings Call PresentationMay 3, 2023 | finance.yahoo.comProPetro Holding (PUMP) Q1 Earnings Lag EstimatesMay 1, 2023 | americanbankingnews.comProPetro (PUMP) Set to Announce Quarterly Earnings on WednesdayApril 17, 2023 | americanbankingnews.comProPetro Holding Corp. (NYSE:PUMP) Short Interest Down 17.9% in MarchApril 17, 2023 | markets.businessinsider.comAnalysts Offer Insights on Industrial Goods Companies: Propetro Holding (PUMP) and Transurban Group Ltd. (OtherTRAUF)See More Headlines PUMP Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PUMP Company Calendar Last Earnings5/03/2023Today6/09/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Oil & gas field services, not elsewhere classified Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:PUMP CUSIPN/A CIK1680247 Webwww.propetroservices.com Phone(432) 688-0012Fax432-688-3976Employees2,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$12.33 High Stock Price Forecast$13.00 Low Stock Price Forecast$12.00 Forecasted Upside/Downside+59.6%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.15 Trailing P/E Ratio51.53 Forward P/E Ratio4.99 P/E GrowthN/ANet Income$2.03 million Net Margins1.33% Pretax Margin2.01% Return on Equity16.74% Return on Assets12.15% Debt Debt-to-Equity Ratio0.03 Current Ratio1.21 Quick Ratio1.15 Sales & Book Value Annual Sales$1.28 billion Price / Sales0.70 Cash Flow$2.17 per share Price / Cash Flow3.57 Book Value$8.33 per share Price / Book0.93Miscellaneous Outstanding Shares115,230,000Free Float114,217,000Market Cap$890.73 million OptionableOptionable Beta2.36 Key ExecutivesSamuel D SledgeChief Executive Officer & DirectorAdam MunozPresident & Chief Operating OfficerDavid S. SchorlemerChief Financial OfficerElo OmavueziChief Accounting OfficerJohn J. MitchellGeneral Counsel & SecretaryKey CompetitorsHelix Energy Solutions GroupNYSE:HLXCore LaboratoriesNYSE:CLBRanger Energy ServicesNYSE:RNGRRPCNYSE:RESProFracNASDAQ:PFHCView All CompetitorsInsiders & InstitutionsMichele VionSold 21,000 sharesTotal: $144,690.00 ($6.89/share)Ameriprise Financial Inc.Bought 115,058 shares on 5/22/2023Ownership: 1.056%JPMorgan Chase & Co.Sold 11,527 shares on 5/18/2023Ownership: 0.303%New York State Common Retirement FundSold 33,970 shares on 5/18/2023Ownership: 0.078%Thrivent Financial for LutheransSold 3,342 shares on 5/17/2023Ownership: 0.518%View All Insider TransactionsView All Institutional Transactions PUMP Stock - Frequently Asked Questions Should I buy or sell ProPetro stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ProPetro in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" PUMP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PUMP, but not buy additional shares or sell existing shares. View PUMP analyst ratings or view top-rated stocks. What is ProPetro's stock price forecast for 2023? 3 brokers have issued 12 month target prices for ProPetro's shares. Their PUMP share price forecasts range from $12.00 to $13.00. On average, they expect the company's stock price to reach $12.33 in the next year. This suggests a possible upside of 59.6% from the stock's current price. View analysts price targets for PUMP or view top-rated stocks among Wall Street analysts. How have PUMP shares performed in 2023? ProPetro's stock was trading at $10.37 at the beginning of 2023. Since then, PUMP stock has decreased by 25.5% and is now trading at $7.73. View the best growth stocks for 2023 here. When is ProPetro's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023. View our PUMP earnings forecast. How were ProPetro's earnings last quarter? ProPetro Holding Corp. (NYSE:PUMP) released its quarterly earnings results on Wednesday, May, 3rd. The company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by $0.09. The business earned $423.57 million during the quarter, compared to analyst estimates of $410.08 million. ProPetro had a trailing twelve-month return on equity of 16.74% and a net margin of 1.33%. What ETFs hold ProPetro's stock? ETFs with the largest weight of ProPetro (NYSE:PUMP) stock in their portfolio include Invesco Dynamic Oil & Gas Services ETF (PXJ), SPDR S&P Oil & Gas Equipment & Services ETF (XES), Invesco S&P SmallCap Energy ETF (PSCE), VanEck Oil Services ETF (OIH), iShares U.S. Oil Equipment & Services ETF (IEZ), Direxion Daily Oil Services Bull 2X Shares (ONG), Vanguard U.S. Value Factor (VFVA) and Vanguard US Multifactor ETF (VFMF). What is Phillip Boren's approval rating as ProPetro's CEO? 15 employees have rated ProPetro Chief Executive Officer Phillip Boren on Glassdoor.com. Phillip Boren has an approval rating of 70% among the company's employees. What other stocks do shareholders of ProPetro own? Based on aggregate information from My MarketBeat watchlists, some companies that other ProPetro investors own include NVIDIA (NVDA), Boeing (BA), Alibaba Group (BABA), Mastercard (MA), Broadcom (AVGO), Overstock.com (OSTK), QUALCOMM (QCOM), Visa (V), Advanced Micro Devices (AMD) and Cisco Systems (CSCO). When did ProPetro IPO? (PUMP) raised $350 million in an initial public offering (IPO) on Friday, March 17th 2017. The company issued 20,000,000 shares at a price of $16.00-$19.00 per share. Goldman Sachs, Barclays, Credit Suisse and J.P. Morgan acted as the underwriters for the IPO and Evercore ISI, RBC Capital Markets, Simmons & Company (Energy Specialists of Piper Jaffray), Raymond James, Deutsche Bank Securities, Tudor, Pickering, Holt and Johnson Rice & Company L.L.C. Jonnson Rice & Company were co-managers. What is ProPetro's stock symbol? ProPetro trades on the New York Stock Exchange (NYSE) under the ticker symbol "PUMP." Who are ProPetro's major shareholders? ProPetro's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (17.44%), Dimensional Fund Advisors LP (5.86%), State Street Corp (3.98%), Boston Partners (3.46%), Van ECK Associates Corp (2.07%) and GW&K Investment Management LLC (1.87%). Insiders that own company stock include Adam Munoz, David Scott Schorlemer, Elo Omavuezi, Mark Stephen Berg, Michele Vion, Phillip A Gobe, Samuel D Sledge, Spencer D Armour III and Spencer D Armour III. View institutional ownership trends. How do I buy shares of ProPetro? Shares of PUMP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is ProPetro's stock price today? One share of PUMP stock can currently be purchased for approximately $7.73. How much money does ProPetro make? ProPetro (NYSE:PUMP) has a market capitalization of $890.73 million and generates $1.28 billion in revenue each year. The company earns $2.03 million in net income (profit) each year or $0.15 on an earnings per share basis. How many employees does ProPetro have? The company employs 2,000 workers across the globe. How can I contact ProPetro? ProPetro's mailing address is 1706 SOUTH MIDKIFF, MIDLAND TX, 79701. The official website for the company is www.propetroservices.com. The company can be reached via phone at (432) 688-0012, via email at sam.sledge@propetroservices.com, or via fax at 432-688-3976. This page (NYSE:PUMP) was last updated on 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding ProPetro Holding Corp. 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