What is Zacks Research’s Estimate for ProPetro Q1 Earnings?

ProPetro Holding Corp. (NYSE:PUMP) – Equities researchers at Zacks Research upped their Q1 2027 earnings per share (EPS) estimates for shares of ProPetro in a research report issued to clients and investors on Friday, September 4th. Zacks Research analyst Team now forecasts that the company will post earnings of $0.06 per share for the quarter, up from their previous forecast of $0.04. The consensus estimate for ProPetro’s current full-year earnings is ($0.09) per share. Zacks Research also issued estimates for ProPetro’s Q2 2027 earnings at $0.06 EPS, Q4 2027 earnings at $0.05 EPS, FY2027 earnings at $0.23 EPS, Q2 2028 earnings at $0.22 EPS and FY2028 earnings at $1.08 EPS.

ProPetro (NYSE:PUMP) last released its earnings results on Wednesday, July 29th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.06). ProPetro had a negative return on equity of 1.49% and a negative net margin of 1.15%.The company had revenue of $305.81 million for the quarter, compared to analyst estimates of $304.48 million. During the same period last year, the company posted ($0.07) earnings per share. The business’s revenue for the quarter was down 6.3% compared to the same quarter last year.

Other equities analysts have also issued reports about the stock. Citigroup decreased their target price 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. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of ProPetro in a report on Friday, July 31st. Barclays reduced their price target on shares of ProPetro from $23.00 to $18.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 5th. Piper Sandler decreased their price objective on shares of ProPetro from $18.00 to $15.00 and set an “overweight” rating on the stock in a research note on Thursday, August 27th. Finally, Stifel Nicolaus lowered their price objective on shares of ProPetro from $23.00 to $20.00 and set a “buy” rating for the company in a research report on Monday, August 3rd. Eight research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, ProPetro currently has an average rating of “Moderate Buy” and a consensus price target of $16.12.

ProPetro Stock Up 4.8%

PUMP stock opened at $12.02 on Monday. ProPetro has a 52 week low of $4.52 and a 52 week high of $18.50. The business has a 50-day simple moving average of $11.84 and a 200 day simple moving average of $13.74. 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 company has a market cap of $1.48 billion, a PE ratio of -109.25 and a beta of 0.77.

Hedge Funds Weigh In On ProPetro

Several institutional investors and hedge funds have recently added to or reduced their stakes in PUMP. Aster Capital Management DIFC Ltd acquired a new stake in ProPetro in the fourth quarter valued at approximately $56,000. Dark Forest Capital Management LP acquired a new position in shares of ProPetro during the third quarter worth $57,000. Raymond James Financial Inc. bought a new position in shares of ProPetro in the 2nd quarter valued at $60,000. Tower Research Capital LLC TRC lifted its stake in shares of ProPetro by 70.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 10,789 shares of the company’s stock valued at $64,000 after acquiring an additional 4,461 shares during the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of ProPetro during the 2nd quarter valued at $74,000. Institutional investors own 84.70% of the company’s stock.

Insider Activity

In other ProPetro news, Director G Lawrence sold 35,831 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $11.16, for a total transaction of $399,873.96. Following the completion of the transaction, the director owned 28,181 shares of the company’s stock, valued at approximately $314,499.96. The trade was a 55.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Adam Muñoz sold 70,696 shares of the stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $11.17, for a total transaction of $789,674.32. Following the completion of the transaction, the chief operating officer directly owned 148,691 shares of the company’s stock, valued at $1,660,878.47. This trade represents a 32.22% decrease in their position. The SEC filing for this sale provides additional information. 1.55% of the stock is currently 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.