Atb Cap Markets Predicts ProPetro’s Q2 Earnings (NYSE:PUMP)

ProPetro Holding Corp. (NYSE:PUMP) – Equities researchers at Atb Cap Markets boosted their Q2 2026 earnings per share estimates for ProPetro in a research note issued to investors on Tuesday, December 10th. Atb Cap Markets analyst W. Syed now anticipates that the company will post earnings per share of $0.22 for the quarter, up from their previous estimate of $0.21. The consensus estimate for ProPetro’s current full-year earnings is $0.28 per share. Atb Cap Markets also issued estimates for ProPetro’s FY2027 earnings at $0.85 EPS.

PUMP has been the topic of a number of other research reports. JPMorgan Chase & Co. raised ProPetro from an “underweight” rating to a “neutral” rating and set a $10.00 price objective on the stock in a research report on Friday, December 6th. Stifel Nicolaus decreased their target price on shares of ProPetro from $12.00 to $11.00 and set a “buy” rating for the company in a research report on Friday, October 11th. Citigroup reduced their price target on ProPetro from $8.50 to $8.00 and set a “neutral” rating on the stock in a research report on Thursday, October 31st. Finally, Barclays lowered their price objective on ProPetro from $13.00 to $12.00 and set an “overweight” rating for the company in a research report on Wednesday, October 16th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, ProPetro currently has a consensus rating of “Hold” and an average target price of $10.25.

ProPetro Stock Performance

Shares of NYSE:PUMP opened at $9.42 on Thursday. The company has a quick ratio of 1.14, a current ratio of 1.20 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $969.60 million, a price-to-earnings ratio of -7.08 and a beta of 2.07. The firm has a 50 day moving average of $8.05 and a 200 day moving average of $8.25. ProPetro has a 52 week low of $6.53 and a 52 week high of $10.02.

Insider Activity at ProPetro

In other ProPetro news, CFO David Scott Schorlemer bought 4,500 shares of ProPetro stock in a transaction that occurred on Monday, November 4th. The stock was purchased at an average price of $6.86 per share, with a total value of $30,870.00. Following the completion of the acquisition, the chief financial officer now directly owns 112,992 shares in the company, valued at approximately $775,125.12. This trade represents a 4.15 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.88% of the stock is owned by insiders.

Institutional Investors Weigh In On ProPetro

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PUMP. Franklin Resources Inc. increased its holdings in shares of ProPetro by 5.8% during the 3rd quarter. Franklin Resources Inc. now owns 61,979 shares of the company’s stock valued at $513,000 after purchasing an additional 3,417 shares in the last quarter. Barclays PLC increased its holdings in ProPetro by 109.2% in the third quarter. Barclays PLC now owns 242,057 shares of the company’s stock valued at $1,855,000 after buying an additional 126,346 shares in the last quarter. XTX Topco Ltd raised its position in shares of ProPetro by 268.0% in the third quarter. XTX Topco Ltd now owns 42,208 shares of the company’s stock worth $323,000 after acquiring an additional 30,737 shares during the period. Weiss Asset Management LP purchased a new stake in shares of ProPetro during the 3rd quarter worth about $2,292,000. Finally, Quadrature Capital Ltd grew its position in shares of ProPetro by 24.1% during the 3rd quarter. Quadrature Capital Ltd now owns 20,252 shares of the company’s stock valued at $155,000 after acquiring an additional 3,927 shares during the period. 84.70% of the stock is owned by institutional investors and hedge funds.

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.