Zacks Research Issues Negative Outlook for ProPetro Earnings

ProPetro Holding Corp. (NYSE:PUMP) – Equities research analysts at Zacks Research reduced their Q1 2025 earnings estimates for ProPetro in a research note issued to investors on Wednesday, March 5th. Zacks Research analyst N. Choudhury now expects that the company will post earnings of $0.06 per share for the quarter, down from their prior forecast of $0.07. The consensus estimate for ProPetro’s current full-year earnings is $0.25 per share. Zacks Research also issued estimates for ProPetro’s Q3 2025 earnings at $0.11 EPS, Q1 2026 earnings at $0.16 EPS, Q4 2026 earnings at $0.11 EPS and FY2026 earnings at $0.43 EPS.

PUMP has been the topic of a number of other reports. Benchmark reiterated a “hold” rating on shares of ProPetro in a research note on Thursday, February 20th. Citigroup boosted their price target on shares of ProPetro from $8.00 to $10.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 7th. 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 research report on Friday, December 6th. Barclays lowered their target price on shares of ProPetro from $12.00 to $11.00 and set an “overweight” rating on the stock in a research report on Monday, March 3rd. Finally, Stifel Nicolaus upped their target price on shares of ProPetro from $11.00 to $12.00 and gave the stock a “buy” rating in a research report on Friday, February 21st. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $10.75.

ProPetro Trading Up 1.5 %

Shares of ProPetro stock opened at $7.31 on Monday. ProPetro has a 52-week low of $6.53 and a 52-week high of $11.17. The company has a quick ratio of 1.14, a current ratio of 1.31 and a debt-to-equity ratio of 0.06. The company’s 50-day simple moving average is $9.30 and its 200-day simple moving average is $8.51. The firm has a market cap of $753.65 million, a price-to-earnings ratio of -5.45 and a beta of 2.03.

Institutional Trading of ProPetro

Several institutional investors and hedge funds have recently modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of ProPetro by 16.7% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 228,835 shares of the company’s stock valued at $2,135,000 after purchasing an additional 32,710 shares in the last quarter. Voloridge Investment Management LLC purchased a new stake in shares of ProPetro in the fourth quarter valued at about $533,000. Waverly Advisors LLC purchased a new stake in shares of ProPetro in the fourth quarter valued at about $115,000. Sourcerock Group LLC purchased a new stake in shares of ProPetro in the fourth quarter valued at about $14,079,000. Finally, Squarepoint Ops LLC purchased a new stake in shares of ProPetro in the fourth quarter valued at about $2,024,000. Hedge funds and other institutional investors 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.