ProPetro - PUMP Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ProPetro in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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.
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8 analysts have issued 1 year price objectives for ProPetro's stock. Their PUMP share price forecasts range from $12.00 to $18.00. On average, they predict the company's share price to reach $14.82 in the next year. This suggests a possible upside of 56.0% from the stock's current price.
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ProPetro's stock was trading at $10.37 at the start of the year. Since then, PUMP stock has decreased by 8.4% and is now trading at $9.50.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 21st 2023.
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ProPetro will be holding an earnings conference call on Wednesday, February 22nd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "8212202".

ProPetro Holding Corp. (NYSE:PUMP) issued its quarterly earnings data on Tuesday, November, 1st. The company reported $0.38 EPS for the quarter, beating analysts' consensus estimates of $0.36 by $0.02. The firm had revenue of $333.01 million for the quarter, compared to analyst estimates of $339.10 million. ProPetro had a negative net margin of 2.65% and a positive trailing twelve-month return on equity of 7.36%.

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.

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).

(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.

ProPetro trades on the New York Stock Exchange (NYSE) under the ticker symbol "PUMP."

ProPetro's stock is owned by a variety of retail and institutional investors. Top institutional investors include North Star Investment Management Corp. (0.08%), Strs Ohio (0.06%), State of Alaska Department of Revenue (0.06%), Yousif Capital Management LLC (0.05%), Comerica Bank (0.05%) and Louisiana State Employees Retirement System (0.04%). Insiders that own company stock include Adam Munoz, Elo Omavuezi, Mark Stephen Berg, Phillip A Gobe, Samuel D Sledge, Spencer D Armour III and Spencer D Armour III.
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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.
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One share of PUMP stock can currently be purchased for approximately $9.50.

ProPetro (NYSE:PUMP) has a market capitalization of $1.09 billion and generates $874.51 million in revenue each year. The company earns $-54,190,000.00 in net income (profit) each year or ($0.31) on an earnings per share basis.

The company employs 1,500 workers across the globe.

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.