Q1 Earnings Forecast for ProPetro Issued By Atb Cap Markets

ProPetro Holding Corp. (NYSE:PUMP) – Research analysts at Atb Cap Markets raised their Q1 2025 earnings per share (EPS) estimates for ProPetro in a research report issued on Wednesday, February 19th. Atb Cap Markets analyst W. Syed now anticipates that the company will earn $0.10 per share for the quarter, up from their prior forecast of $0.09. The consensus estimate for ProPetro’s current full-year earnings is $0.25 per share. Atb Cap Markets also issued estimates for ProPetro’s Q4 2025 earnings at ($0.03) EPS, Q4 2026 earnings at $0.06 EPS and FY2027 earnings at $0.89 EPS.

Other equities research analysts also recently issued research reports about the company. JPMorgan Chase & Co. raised ProPetro from an “underweight” rating to a “neutral” rating and set a $10.00 price target on the stock in a research report on Friday, December 6th. Benchmark reiterated a “hold” rating on shares of ProPetro in a research note on Thursday. Stifel Nicolaus lifted their price target on ProPetro from $11.00 to $12.00 and gave the company a “buy” rating in a research note on Friday. Finally, Citigroup lifted their price target on ProPetro from $8.00 to $10.00 and gave the company a “neutral” rating in a research note on Tuesday, January 7th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, ProPetro has a consensus rating of “Hold” and an average target price of $11.00.

ProPetro Trading Up 0.9 %

Shares of NYSE:PUMP opened at $9.12 on Monday. The company has a market capitalization of $938.21 million, a P/E ratio of -6.80 and a beta of 1.98. ProPetro has a 1 year low of $6.53 and a 1 year high of $11.17. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.31 and a quick ratio of 1.14. The business’s 50 day simple moving average is $9.50 and its 200 day simple moving average is $8.53.

Hedge Funds Weigh In On ProPetro

Several hedge funds and other institutional investors have recently modified their holdings of the business. Pacer Advisors Inc. increased its stake in shares of ProPetro by 95.4% in the 3rd quarter. Pacer Advisors Inc. now owns 7,152,687 shares of the company’s stock valued at $54,790,000 after purchasing an additional 3,491,723 shares during the last quarter. American Century Companies Inc. grew its position in ProPetro by 8.8% during the 4th quarter. American Century Companies Inc. now owns 3,236,135 shares of the company’s stock worth $30,193,000 after acquiring an additional 262,202 shares during the last quarter. Van ECK Associates Corp grew its position in ProPetro by 57.3% during the 4th quarter. Van ECK Associates Corp now owns 1,527,598 shares of the company’s stock worth $14,253,000 after acquiring an additional 556,747 shares during the last quarter. Sourcerock Group LLC bought a new stake in ProPetro during the 4th quarter worth $14,079,000. Finally, Hotchkis & Wiley Capital Management LLC grew its position in ProPetro by 2.7% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 1,088,880 shares of the company’s stock worth $8,341,000 after acquiring an additional 28,660 shares during the last quarter. Institutional investors own 84.70% of the company’s stock.

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.