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

ProPetro Holding Corp. (NYSE:PUMP) – Equities research analysts at Zacks Research decreased their Q1 2027 EPS estimates for ProPetro in a research note issued on Thursday, January 8th. Zacks Research analyst Team now anticipates that the company will earn $0.16 per share for the quarter, down from their prior forecast of $0.18. Zacks Research has a “Hold” rating on the stock. The consensus estimate for ProPetro’s current full-year earnings is $0.25 per share.

Several other research firms have also commented on PUMP. Piper Sandler upgraded ProPetro from a “neutral” rating to an “overweight” rating and set a $16.00 price target for the company in a research report on Monday, November 3rd. Barclays reissued a “neutral” rating on shares of ProPetro in a research note on Wednesday, December 17th. JPMorgan Chase & Co. raised ProPetro from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $7.00 to $13.00 in a research report on Wednesday, December 10th. Weiss Ratings reissued a “sell (d-)” rating on shares of ProPetro in a research report on Monday, December 29th. Finally, Citigroup lifted their price objective on shares of ProPetro from $6.00 to $12.00 and gave the company a “neutral” rating in a report on Friday, October 31st. Four analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $12.50.

ProPetro Stock Up 1.1%

ProPetro stock opened at $9.42 on Monday. The company has a market capitalization of $978.97 million, a PE ratio of -55.38 and a beta of 0.75. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.19 and a current ratio of 1.26. ProPetro has a fifty-two week low of $4.51 and a fifty-two week high of $11.66. The firm has a 50 day moving average price of $9.90 and a 200 day moving average price of $7.12.

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

Insider Transactions at ProPetro

In other news, Director Michele Vion sold 6,916 shares of ProPetro stock in a transaction on Friday, October 31st. The shares were sold at an average price of $10.64, for a total transaction of $73,586.24. Following the completion of the sale, the director directly owned 45,029 shares of the company’s stock, valued at approximately $479,108.56. The trade was a 13.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director G Larry Lawrence sold 27,000 shares of the business’s stock in a transaction on Friday, October 31st. The stock was sold at an average price of $10.84, for a total transaction of $292,680.00. Following the transaction, the director owned 35,831 shares of the company’s stock, valued at approximately $388,408.04. The trade was a 42.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.60% of the company’s stock.

Institutional Trading of ProPetro

Hedge funds and other institutional investors have recently made changes to their positions in the company. Trek Financial LLC acquired a new stake in shares of ProPetro in the 3rd quarter valued at about $57,000. Dark Forest Capital Management LP purchased a new stake in ProPetro in the 3rd quarter valued at $57,000. MQS Management LLC acquired a new stake in ProPetro during the 3rd quarter worth $58,000. PharVision Advisers LLC acquired a new position in ProPetro in the second quarter valued at $60,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of ProPetro during the second quarter worth about $60,000. Institutional investors and hedge funds own 84.70% of the company’s stock.

About ProPetro

ProPetro Holding Corp is a publicly traded oilfield services company that specializes in hydraulic fracturing and well completion solutions for exploration and production operators. Headquartered in Midland, Texas, the company delivers a comprehensive suite of pressure pumping services designed to optimize reservoir stimulation and enhance hydrocarbon recovery. Its integrated approach encompasses well design, proppant selection, fluid systems and pressure management to support clients’ development targets across unconventional plays.

The company’s core offerings include high-pressure fracturing, coiled tubing, cementing, acidizing and flowback services, all supported by in-house logistics and digital monitoring tools.