Atb Cap Markets Forecasts ProPetro’s Q1 Earnings (NYSE:PUMP)

ProPetro Holding Corp. (NYSE:PUMP) – Equities researchers at Atb Cap Markets upped their Q1 2025 EPS estimates for ProPetro in a research report issued on Wednesday, October 30th. Atb Cap Markets analyst W. Syed now anticipates that the company will post earnings per share of $0.15 for the quarter, up from their previous forecast of $0.11. The consensus estimate for ProPetro’s current full-year earnings is $0.17 per share. Atb Cap Markets also issued estimates for ProPetro’s Q2 2025 earnings at $0.19 EPS, Q3 2025 earnings at $0.20 EPS, Q4 2025 earnings at $0.06 EPS, FY2025 earnings at $0.60 EPS, Q1 2026 earnings at $0.21 EPS, Q2 2026 earnings at $0.21 EPS and FY2026 earnings at $0.71 EPS.

ProPetro (NYSE:PUMP) last issued its quarterly earnings results on Wednesday, July 31st. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.11). The business had revenue of $357.00 million for the quarter, compared to the consensus estimate of $361.85 million. ProPetro had a positive return on equity of 1.31% and a negative net margin of 9.37%. ProPetro’s revenue was down 17.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.34 earnings per share.

PUMP has been the topic of a number of other reports. Barclays reduced their target price on shares of ProPetro from $13.00 to $12.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 16th. Stifel Nicolaus reduced their price objective on ProPetro from $12.00 to $11.00 and set a “buy” rating on the stock in a report on Friday, October 11th. Finally, Citigroup decreased their target price on ProPetro from $8.50 to $8.00 and set a “neutral” rating for the company in a research report on Thursday. Two research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, ProPetro has a consensus rating of “Moderate Buy” and an average target price of $10.33.

ProPetro Stock Performance

Shares of ProPetro stock opened at $6.91 on Friday. ProPetro has a 52 week low of $6.74 and a 52 week high of $11.37. The company has a market capitalization of $719.75 million, a PE ratio of -5.20 and a beta of 2.02. The stock’s fifty day moving average is $7.83 and its two-hundred day moving average is $8.45. The company has a quick ratio of 1.04, a current ratio of 1.20 and a debt-to-equity ratio of 0.05.

Insider Activity

In other ProPetro news, Director Michele Vion sold 5,000 shares of the company’s stock in a transaction on Monday, August 26th. The stock was sold at an average price of $8.26, for a total transaction of $41,300.00. Following the completion of the sale, the director now owns 34,006 shares in the company, valued at $280,889.56. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.88% of the company’s stock.

Hedge Funds Weigh In On ProPetro

Large investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its position in shares of ProPetro by 0.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 7,095,253 shares of the company’s stock worth $61,515,000 after buying an additional 54,555 shares during the last quarter. Pacer Advisors Inc. purchased a new position in ProPetro in the second quarter worth $31,741,000. American Century Companies Inc. increased its position in shares of ProPetro by 21.3% during the second quarter. American Century Companies Inc. now owns 2,515,579 shares of the company’s stock worth $21,810,000 after purchasing an additional 441,644 shares in the last quarter. Encompass Capital Advisors LLC lifted its holdings in shares of ProPetro by 2.4% during the 2nd quarter. Encompass Capital Advisors LLC now owns 1,526,485 shares of the company’s stock valued at $13,235,000 after purchasing an additional 36,339 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of ProPetro by 1.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 780,498 shares of the company’s stock worth $6,767,000 after purchasing an additional 14,144 shares in the last quarter. 84.70% of the stock is currently owned by institutional investors.

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.