Zacks Research Has Bearish Estimate for ProPetro Q2 Earnings

ProPetro Holding Corp. (NYSE:PUMP) – Zacks Research lowered their Q2 2025 earnings estimates for shares of ProPetro in a note issued to investors on Wednesday, March 5th. Zacks Research analyst N. Choudhury now anticipates that the company will post earnings per share of $0.09 for the quarter, down from their previous estimate of $0.10. The consensus estimate for ProPetro’s current full-year earnings is $0.25 per share. Zacks Research also issued estimates for ProPetro’s Q2 2026 earnings at $0.12 EPS, Q3 2026 earnings at $0.04 EPS and FY2027 earnings at $0.89 EPS.

Other analysts also recently issued reports about the stock. JPMorgan Chase & Co. upgraded shares of ProPetro from an “underweight” rating to a “neutral” rating and set a $10.00 target price on the stock in a report on Friday, December 6th. Barclays dropped their target price on shares of ProPetro from $12.00 to $11.00 and set an “overweight” rating on the stock in a report on Monday, March 3rd. Benchmark reiterated a “hold” rating on shares of ProPetro in a report on Thursday, February 20th. Stifel Nicolaus lifted their price objective on shares of ProPetro from $11.00 to $12.00 and gave the company a “buy” rating in a report on Friday, February 21st. Finally, Citigroup lifted their price objective on shares of ProPetro from $8.00 to $10.00 and gave the company a “neutral” rating in a report on Tuesday, January 7th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $10.75.

ProPetro Stock Performance

Shares of PUMP stock opened at $7.31 on Friday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.14 and a current ratio of 1.31. The company has a market capitalization of $753.65 million, a P/E ratio of -5.45 and a beta of 2.03. The company’s 50 day moving average price is $9.30 and its two-hundred day moving average price is $8.50. ProPetro has a 52 week low of $6.53 and a 52 week high of $11.17.

Institutional Trading of ProPetro

Hedge funds and other institutional investors have recently made changes to their positions in the business. Pacer Advisors Inc. grew its stake in shares of ProPetro by 95.4% in the third quarter. Pacer Advisors Inc. now owns 7,152,687 shares of the company’s stock valued at $54,790,000 after buying an additional 3,491,723 shares in the last quarter. American Century Companies Inc. boosted its position in shares of ProPetro by 8.8% in the fourth quarter. American Century Companies Inc. now owns 3,236,135 shares of the company’s stock valued at $30,193,000 after acquiring an additional 262,202 shares during the period. Van ECK Associates Corp boosted its position in shares of ProPetro by 57.3% in the fourth quarter. Van ECK Associates Corp now owns 1,527,598 shares of the company’s stock valued at $14,253,000 after acquiring an additional 556,747 shares during the period. Sourcerock Group LLC bought a new stake in shares of ProPetro in the fourth quarter valued at about $14,079,000. Finally, Hotchkis & Wiley Capital Management LLC boosted its position in shares of ProPetro by 2.7% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 1,088,880 shares of the company’s stock valued at $8,341,000 after acquiring an additional 28,660 shares during the period. 84.70% of the stock is currently 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.