ProPetro (PUMP) Stock Price, News & Analysis

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ProPetro in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" PUMP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PUMP, but not buy additional shares or sell existing shares.
View PUMP analyst ratings or view top-rated stocks.

2 Wall Street analysts have issued 1-year target prices for ProPetro's shares. Their PUMP share price targets range from $11.00 to $16.00. On average, they expect the company's share price to reach $13.00 in the next twelve months. This suggests a possible upside of 49.8% from the stock's current price.
View analysts price targets for PUMP or view top-rated stocks among Wall Street analysts.

ProPetro's stock was trading at $8.38 at the beginning of 2024. Since then, PUMP shares have increased by 3.6% and is now trading at $8.68.
View the best growth stocks for 2024 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our PUMP earnings forecast.

ProPetro will be holding an earnings conference call on Wednesday, May 1st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "7906080".

ProPetro Holding Corp. (NYSE:PUMP) posted its quarterly earnings results on Wednesday, February, 21st. The company reported ($0.16) EPS for the quarter, missing analysts' consensus estimates of $0.08 by $0.24. The business had revenue of $347.80 million for the quarter, compared to analysts' expectations of $351.50 million. ProPetro had a trailing twelve-month return on equity of 10.26% and a net margin of 5.25%. ProPetro's revenue was down .3% on a year-over-year basis. During the same period last year, the business earned $0.31 EPS.

ETFs with the largest weight of ProPetro (NYSE:PUMP) stock in their portfolio include Invesco Oil & Gas Services ETF (PXJ), SPDR S&P Oil & Gas Equipment & Services ETF (XES), Invesco S&P SmallCap Energy ETF (PSCE), Direxion Daily Oil Services Bull 2X Shares (ONG) and iShares U.S. Oil Equipment & Services ETF (IEZ).VanEck Oil Services ETF (OIH).

15 employees have rated ProPetro Chief Executive Officer Phillip Boren on Glassdoor.com. Phillip Boren has an approval rating of 70% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other ProPetro investors own include NVIDIA (NVDA), Boeing (BA), Alibaba Group (BABA), Mastercard (MA), Broadcom (AVGO), Overstock.com (OSTK), QUALCOMM (QCOM), Visa (V), Advanced Micro Devices (AMD) and Cisco Systems (CSCO).

ProPetro (PUMP) raised $350 million in an IPO on Friday, March 17th 2017. The company issued 20,000,000 shares at a price of $16.00-$19.00 per share. Goldman Sachs, Barclays, Credit Suisse and J.P. Morgan served as the underwriters for the IPO and Evercore ISI, RBC Capital Markets, Simmons & Company (Energy Specialists of Piper Jaffray), Raymond James, Deutsche Bank Securities, Tudor, Pickering, Holt and Johnson Rice & Company L.L.C. Jonnson Rice & Company were co-managers.

ProPetro's stock is owned by many different retail and institutional investors. Top institutional shareholders include Hodges Capital Management Inc. (0.52%). Insiders that own company stock include Adam Munoz, David Scott Schorlemer, Elo Omavuezi, Michele Vion, Phillip A Gobe, Spencer D Armour III and Spencer D Armour III.
View institutional ownership trends.

Shares of PUMP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.