FY2025 EPS Estimates for ProPetro Boosted by Zacks Research
by Jessica Moore · The Cerbat GemProPetro Holding Corp. (NYSE:PUMP – Free Report) – Zacks Research increased their FY2025 earnings per share (EPS) estimates for ProPetro in a report released on Wednesday, November 12th. Zacks Research analyst Team now anticipates that the company will post earnings of ($0.15) per share for the year, up from their previous forecast of ($0.23). Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for ProPetro’s current full-year earnings is $0.25 per share. Zacks Research also issued estimates for ProPetro’s Q4 2025 earnings at ($0.15) EPS, Q1 2026 earnings at ($0.09) EPS, Q2 2026 earnings at ($0.05) EPS, Q3 2026 earnings at ($0.02) EPS, Q4 2026 earnings at $0.03 EPS, FY2026 earnings at ($0.13) EPS, Q3 2027 earnings at $0.06 EPS and FY2027 earnings at $0.38 EPS.
ProPetro (NYSE:PUMP – Get Free Report) last posted its earnings results on Wednesday, October 29th. The company reported ($0.02) EPS for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.09. ProPetro had a negative net margin of 1.31% and a negative return on equity of 0.06%. The business had revenue of $293.92 million for the quarter, compared to the consensus estimate of $266.25 million. During the same quarter last year, the firm posted ($1.32) EPS. The company’s revenue for the quarter was down 18.6% on a year-over-year basis.
Other equities research analysts have also recently issued reports about the company. Barclays upped their price objective on ProPetro from $5.00 to $10.00 and gave the stock an “equal weight” rating in a research note on Monday, November 3rd. Weiss Ratings reissued a “sell (d)” rating on shares of ProPetro in a research report on Wednesday, October 8th. Piper Sandler upgraded shares of ProPetro from a “neutral” rating to an “overweight” rating and set a $16.00 target price for the company in a research note on Monday, November 3rd. Finally, Citigroup upped their price target on ProPetro from $6.00 to $12.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st. Two investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $11.00.
Get Our Latest Stock Analysis on ProPetro
ProPetro Stock Down 7.2%
ProPetro stock opened at $9.68 on Friday. The company has a quick ratio of 1.35, a current ratio of 1.26 and a debt-to-equity ratio of 0.11. The firm has a market cap of $1.01 billion, a P/E ratio of -56.96 and a beta of 1.07. The business has a fifty day moving average of $6.62 and a two-hundred day moving average of $5.98. ProPetro has a twelve month low of $4.51 and a twelve month high of $11.66.
Insiders Place Their Bets
In other ProPetro news, Director Michele Vion sold 6,916 shares of the business’s stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $10.64, for a total transaction of $73,586.24. Following the sale, the director owned 45,029 shares in the company, valued at approximately $479,108.56. The trade was a 13.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director G Larry Lawrence sold 27,000 shares of the stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $10.84, for a total value of $292,680.00. Following the completion of the transaction, the director directly owned 35,831 shares in the company, valued at $388,408.04. This represents a 42.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 1.60% of the company’s stock.
Hedge Funds Weigh In On ProPetro
Hedge funds and other institutional investors have recently bought and sold shares of the business. Sourcerock Group LLC lifted its stake in ProPetro by 66.4% during the 2nd quarter. Sourcerock Group LLC now owns 8,408,391 shares of the company’s stock valued at $50,198,000 after acquiring an additional 3,355,848 shares during the period. American Century Companies Inc. increased its stake in shares of ProPetro by 5.4% in the third quarter. American Century Companies Inc. now owns 3,748,788 shares of the company’s stock worth $19,644,000 after acquiring an additional 192,638 shares during the period. Philosophy Capital Management LLC raised its holdings in shares of ProPetro by 23.2% during the first quarter. Philosophy Capital Management LLC now owns 2,820,887 shares of the company’s stock worth $20,734,000 after purchasing an additional 531,751 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in ProPetro by 209.5% during the third quarter. Arrowstreet Capital Limited Partnership now owns 2,704,145 shares of the company’s stock valued at $14,170,000 after purchasing an additional 1,830,399 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in ProPetro by 103.4% in the third quarter. JPMorgan Chase & Co. now owns 1,648,055 shares of the company’s stock valued at $8,636,000 after purchasing an additional 837,776 shares during the last quarter. Institutional investors and hedge funds own 84.70% of the company’s stock.
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.
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