ProPetro (PUMP) Projected to Post Earnings on Tuesday

ProPetro (NYSE:PUMP) is expected to be announcing its Q1 2025 earnings results before the market opens on Tuesday, April 29th. Analysts expect ProPetro to post earnings of $0.07 per share and revenue of $344.36 million for the quarter.

ProPetro Trading Up 2.1 %

NYSE PUMP opened at $5.31 on Friday. The stock has a market capitalization of $551.09 million, a price-to-earnings ratio of -3.96 and a beta of 1.58. ProPetro has a 52 week low of $4.61 and a 52 week high of $11.17. The stock’s 50 day moving average price is $6.73 and its two-hundred day moving average price is $8.07. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.14 and a current ratio of 1.31.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on PUMP shares. Citigroup lifted their price target on shares of ProPetro from $8.00 to $10.00 and gave the company a “neutral” rating in a research note on Tuesday, January 7th. Barclays dropped their target price on ProPetro from $12.00 to $11.00 and set an “overweight” rating on the stock in a report on Monday, March 3rd. Benchmark restated a “hold” rating on shares of ProPetro in a research note on Thursday, February 20th. Finally, Stifel Nicolaus upped their price objective on ProPetro from $11.00 to $12.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, ProPetro currently has a consensus rating of “Hold” and an average price target of $10.75.

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.