
ProPetro Holding Corp. (NYSE:PUMP – Free Report) – Investment analysts at Zacks Research lifted their Q2 2027 earnings per share estimates for ProPetro in a research note issued to investors on Wednesday, August 19th. Zacks Research analyst Team now anticipates that the company will earn $0.05 per share for the quarter, up from their previous forecast of $0.04. The consensus estimate for ProPetro’s current full-year earnings is ($0.06) per share. Zacks Research also issued estimates for ProPetro’s Q1 2028 earnings at $0.16 EPS and FY2028 earnings at $1.06 EPS.
Other equities research analysts have also issued research reports about the stock. Citigroup cut their price target on shares of ProPetro from $20.00 to $16.00 and set a “buy” rating on the stock in a report on Monday, August 3rd. Odeon Capital Group assumed coverage on ProPetro in a research note on Thursday, May 28th. They issued a “buy” rating on the stock. Piper Sandler reduced their price target on ProPetro from $20.00 to $18.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. Stifel Nicolaus lowered their price target on ProPetro from $23.00 to $20.00 and set a “buy” rating for the company in a research report on Monday, August 3rd. Finally, Barclays dropped their price objective on ProPetro from $23.00 to $18.00 and set an “overweight” rating for the company in a report on Wednesday, August 5th. Eight analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $16.50.
ProPetro Trading Down 4.1%
NYSE:PUMP opened at $11.88 on Thursday. The company has a fifty day moving average of $12.84 and a 200 day moving average of $13.77. ProPetro has a 52 week low of $4.51 and a 52 week high of $18.50. The company has a quick ratio of 4.00, a current ratio of 4.09 and a debt-to-equity ratio of 0.80. The firm has a market capitalization of $1.46 billion, a P/E ratio of -107.95 and a beta of 0.77.
ProPetro (NYSE:PUMP – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.06). ProPetro had a negative net margin of 1.15% and a negative return on equity of 1.49%. The company had revenue of $305.81 million for the quarter, compared to the consensus estimate of $304.48 million. During the same period last year, the business posted ($0.07) earnings per share. The firm’s quarterly revenue was down 6.3% compared to the same quarter last year.
Institutional Trading of ProPetro
Large investors have recently modified their holdings of the company. ProShare Advisors LLC increased its stake in shares of ProPetro by 6.9% in the 4th quarter. ProShare Advisors LLC now owns 14,643 shares of the company’s stock worth $139,000 after purchasing an additional 944 shares in the last quarter. FourThought Financial Partners LLC lifted its holdings in shares of ProPetro by 3.1% during the fourth quarter. FourThought Financial Partners LLC now owns 60,830 shares of the company’s stock worth $578,000 after purchasing an additional 1,840 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in ProPetro by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,534 shares of the company’s stock valued at $379,000 after acquiring an additional 2,230 shares during the period. Jane Street Group LLC lifted its stake in ProPetro by 1.4% during the 1st quarter. Jane Street Group LLC now owns 224,275 shares of the company’s stock valued at $1,648,000 after acquiring an additional 3,100 shares during the period. Finally, Lazard Asset Management LLC boosted its holdings in shares of ProPetro by 6.3% in the 1st quarter. Lazard Asset Management LLC now owns 54,637 shares of the company’s stock valued at $787,000 after acquiring an additional 3,219 shares during the last quarter. Institutional investors own 84.70% of the company’s stock.
Insider Buying and Selling
In other ProPetro news, Director G Larry Lawrence sold 35,831 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $11.16, for a total transaction of $399,873.96. Following the sale, the director directly owned 28,181 shares in the company, valued at approximately $314,499.96. This trade represents a 55.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Adam Munoz sold 70,696 shares of ProPetro stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $11.17, for a total value of $789,674.32. Following the completion of the sale, the chief operating officer directly owned 148,691 shares of the company’s stock, valued at approximately $1,660,878.47. The trade was a 32.22% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.55% of the stock is owned by insiders.
ProPetro Company Profile
ProPetro Holding Corp is a publicly traded oilfield services company that specializes in hydraulic fracturing and well completion solutions for exploration and production operators. Headquartered in Midland, Texas, the company delivers a comprehensive suite of pressure pumping services designed to optimize reservoir stimulation and enhance hydrocarbon recovery. Its integrated approach encompasses well design, proppant selection, fluid systems and pressure management to support clients’ development targets across unconventional plays.
The company’s core offerings include high-pressure fracturing, coiled tubing, cementing, acidizing and flowback services, all supported by in-house logistics and digital monitoring tools.
See Also
- Five stocks we like better than ProPetro
- Bloom Energy’s AI Surge Meets a Valuation Reality Check
- Target Is Winning Shoppers Back—Can the Rally Reach $180?
- IonQ’s Space Contract Points to a New Frontier for Quantum Investors
- Is Apple’s AI Strategy Smarter Than Skeptics Think?
Receive News & Ratings for ProPetro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProPetro and related companies with MarketBeat.com's FREE daily email newsletter.
