What is Zacks Research’s Estimate for ProPetro Q1 Earnings?

ProPetro Holding Corp. (NYSE:PUMP) – Equities researchers at Zacks Research reduced their Q1 2026 earnings estimates for ProPetro in a research report issued on Wednesday, June 18th. Zacks Research analyst N. Choudhury now expects that the company will post earnings per share of $0.02 for the quarter, down from their prior estimate of $0.03. The consensus estimate for ProPetro’s current full-year earnings is $0.25 per share. Zacks Research also issued estimates for ProPetro’s FY2026 earnings at $0.05 EPS, Q1 2027 earnings at $0.21 EPS and FY2027 earnings at $0.34 EPS.

ProPetro (NYSE:PUMP) last announced its earnings results on Tuesday, April 29th. The company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.03. The business had revenue of $359.42 million during the quarter, compared to the consensus estimate of $344.36 million. ProPetro had a negative net margin of 10.60% and a positive return on equity of 2.16%. The business’s revenue for the quarter was down 11.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.18 earnings per share.

PUMP has been the subject of several other research reports. JPMorgan Chase & Co. reduced their price target on shares of ProPetro from $8.00 to $7.00 and set a “neutral” rating for the company in a research report on Wednesday, May 28th. Stifel Nicolaus reduced their price target on shares of ProPetro from $12.00 to $11.00 and set a “buy” rating for the company in a research report on Wednesday, April 30th. Benchmark reissued a “hold” rating on shares of ProPetro in a research report on Thursday, February 20th. Finally, Barclays reduced their price target on shares of ProPetro from $12.00 to $11.00 and set an “overweight” rating for the company in a research report on Monday, March 3rd. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $9.75.

ProPetro Price Performance

Shares of PUMP opened at $6.64 on Thursday. The company has a market capitalization of $689.44 million, a P/E ratio of -4.64 and a beta of 1.17. The company has a quick ratio of 1.39, a current ratio of 1.44 and a debt-to-equity ratio of 0.05. The firm has a 50 day moving average of $5.65 and a 200 day moving average of $7.50. ProPetro has a twelve month low of $4.61 and a twelve month high of $11.17.

Institutional Investors Weigh In On ProPetro

Several institutional investors and hedge funds have recently added to or reduced their stakes in PUMP. Quarry LP purchased a new position in shares of ProPetro during the 1st quarter worth $25,000. Smartleaf Asset Management LLC increased its holdings in ProPetro by 205.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,983 shares of the company’s stock valued at $28,000 after acquiring an additional 2,005 shares during the last quarter. Headlands Technologies LLC bought a new stake in shares of ProPetro in the 1st quarter worth about $32,000. State of Wyoming bought a new stake in shares of ProPetro in the 1st quarter worth about $48,000. Finally, Aigen Investment Management LP bought a new stake in shares of ProPetro in the 1st quarter worth about $80,000. Hedge funds and other 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.