What is Zacks Research’s Estimate for ProPetro Q4 Earnings?

ProPetro Holding Corp. (NYSE:PUMP) – Equities researchers at Zacks Research lifted their Q4 2026 earnings per share (EPS) estimates for shares of ProPetro in a report released on Monday, December 8th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $0.04 for the quarter, up from their previous estimate of $0.03. Zacks Research has a “Hold” rating on the stock. The consensus estimate for ProPetro’s current full-year earnings is $0.25 per share. Zacks Research also issued estimates for ProPetro’s Q2 2027 earnings at $0.06 EPS and Q3 2027 earnings at $0.08 EPS.

ProPetro (NYSE:PUMP) last released its quarterly earnings data on Wednesday, October 29th. The company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.11) by $0.09. ProPetro had a negative net margin of 1.31% and a negative return on equity of 0.06%. The company had revenue of $293.92 million during the quarter, compared to the consensus estimate of $266.25 million. During the same period last year, the firm earned ($1.32) EPS. ProPetro’s revenue for the quarter was down 18.6% on a year-over-year basis.

A number of other research firms have also issued reports on PUMP. Piper Sandler upgraded ProPetro from a “neutral” rating to an “overweight” rating and set a $16.00 price objective on the stock in a research note on Monday, November 3rd. Barclays lifted their target price on ProPetro from $5.00 to $10.00 and gave the company an “equal weight” rating in a report on Monday, November 3rd. Wolfe Research raised shares of ProPetro to a “buy” rating and set a $13.00 price target on the stock in a report on Wednesday. Citigroup raised their price objective on shares of ProPetro from $6.00 to $12.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. Finally, JPMorgan Chase & Co. raised shares of ProPetro from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $7.00 to $13.00 in a research note on Wednesday. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $12.33.

ProPetro Trading Up 3.2%

NYSE:PUMP opened at $11.32 on Wednesday. ProPetro has a 1 year low of $4.51 and a 1 year high of $11.66. The stock’s fifty day moving average price is $8.53 and its two-hundred day moving average price is $6.57. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.26 and a quick ratio of 1.19. The company has a market cap of $1.18 billion, a P/E ratio of -66.60 and a beta of 0.80.

Institutional Investors Weigh In On ProPetro

A number of hedge funds have recently made changes to their positions in the business. Sourcerock Group LLC grew its holdings in shares of ProPetro by 66.4% during the 2nd quarter. Sourcerock Group LLC now owns 8,408,391 shares of the company’s stock valued at $50,198,000 after purchasing an additional 3,355,848 shares during the last quarter. Philosophy Capital Management LLC grew its stake in shares of ProPetro by 14.8% during the third quarter. Philosophy Capital Management LLC now owns 4,047,280 shares of the company’s stock valued at $21,208,000 after buying an additional 520,327 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of ProPetro by 5.4% in the third quarter. American Century Companies Inc. now owns 3,748,788 shares of the company’s stock worth $19,644,000 after buying an additional 192,638 shares during the period. VR Advisory Services Ltd increased its holdings in shares of ProPetro by 213.2% in the third quarter. VR Advisory Services Ltd now owns 3,679,359 shares of the company’s stock worth $19,280,000 after buying an additional 2,504,634 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of ProPetro by 209.5% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,704,145 shares of the company’s stock valued at $14,170,000 after acquiring an additional 1,830,399 shares during the last quarter. 84.70% of the stock is currently owned by institutional investors.

Insider Transactions at ProPetro

In other news, Director G Larry Lawrence sold 27,000 shares of the company’s stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $10.84, for a total value of $292,680.00. Following the completion of the transaction, the director directly owned 35,831 shares in the company, valued at approximately $388,408.04. This represents a 42.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michele Vion sold 6,916 shares of the firm’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $10.64, for a total value of $73,586.24. Following the transaction, the director directly owned 45,029 shares in the company, valued at approximately $479,108.56. This represents a 13.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.60% of the stock is currently owned by corporate insiders.

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.