ProPetro Holding Corp. (NYSE:PUMP – Free Report) – Equities research analysts at Zacks Research upped their Q3 2025 earnings estimates for shares of ProPetro in a report issued on Wednesday, November 13th. Zacks Research analyst N. Choudhury now forecasts that the company will post earnings of $0.10 per share for the quarter, up from their previous estimate of $0.07. The consensus estimate for ProPetro’s current full-year earnings is $0.23 per share. Zacks Research also issued estimates for ProPetro’s Q1 2026 earnings at $0.18 EPS.
A number of other research firms have also issued reports on PUMP. Stifel Nicolaus cut their price target on shares of ProPetro from $12.00 to $11.00 and set a “buy” rating on the stock in a report on Friday, October 11th. Barclays reduced their target price on ProPetro from $13.00 to $12.00 and set an “overweight” rating for the company in a report on Wednesday, October 16th. Finally, Citigroup decreased their price objective on ProPetro from $8.50 to $8.00 and set a “neutral” rating for the company in a research report on Thursday, October 31st. Two research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $10.33.
ProPetro Stock Down 2.8 %
Shares of PUMP stock opened at $7.58 on Monday. The business’s fifty day moving average is $7.79 and its 200-day moving average is $8.38. ProPetro has a 1 year low of $6.53 and a 1 year high of $10.02. The stock has a market cap of $780.21 million, a PE ratio of -5.70 and a beta of 2.04. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.14 and a current ratio of 1.20.
Insider Buying and Selling at ProPetro
In other news, Director Michele Vion sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $8.26, for a total value of $41,300.00. Following the completion of the transaction, the director now owns 34,006 shares in the company, valued at $280,889.56. This represents a 12.82 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO David Scott Schorlemer acquired 4,500 shares of the business’s stock in a transaction that occurred on Monday, November 4th. The stock was bought at an average cost of $6.86 per share, for a total transaction of $30,870.00. Following the completion of the transaction, the chief financial officer now directly owns 112,992 shares in the company, valued at $775,125.12. This represents a 4.15 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.88% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the company. Russell Investments Group Ltd. raised its holdings in shares of ProPetro by 36.9% in the 1st quarter. Russell Investments Group Ltd. now owns 384,529 shares of the company’s stock valued at $3,107,000 after purchasing an additional 103,644 shares during the period. CANADA LIFE ASSURANCE Co increased its stake in shares of ProPetro by 11.4% in the first quarter. CANADA LIFE ASSURANCE Co now owns 76,208 shares of the company’s stock valued at $615,000 after buying an additional 7,792 shares during the period. Price T Rowe Associates Inc. MD increased its stake in shares of ProPetro by 15.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 27,618 shares of the company’s stock valued at $224,000 after buying an additional 3,687 shares during the period. Comerica Bank raised its stake in ProPetro by 71.2% during the first quarter. Comerica Bank now owns 83,930 shares of the company’s stock worth $678,000 after buying an additional 34,913 shares during the last quarter. Finally, Stokes Family Office LLC bought a new stake in ProPetro in the second quarter worth approximately $106,000. 84.70% of the stock is currently owned by institutional investors.
About ProPetro
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.
Recommended Stories
- Five stocks we like better than ProPetro
- Using the MarketBeat Stock Split Calculator
- Warren Buffett, Cathie Wood Own Nu Holdings, Should You?
- Why Invest in 5G? How to Invest in 5G Stocks
- MercadoLibre Down 23% After Missed Earnings: Time to Buy the Dip?
- 3 Warren Buffett Stocks to Buy Now
- ORIC: Working with Two Pharma Giants, Analysts See +100% Upside
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.