Research Analysts Issue Forecasts for ProPetro Q2 Earnings

ProPetro Holding Corp. (NYSE:PUMP) – Equities research analysts at Zacks Research reduced their Q2 2027 earnings per share estimates for ProPetro in a research report issued on Tuesday, February 3rd. Zacks Research analyst Team now expects that the company will post earnings per share of $0.05 for the quarter, down from their prior estimate of $0.06. Zacks Research currently 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 Q3 2027 earnings at $0.06 EPS and FY2027 earnings at $0.34 EPS.

A number of other research firms have also recently weighed in on PUMP. Piper Sandler boosted their target price on shares of ProPetro from $16.00 to $17.00 and gave the company an “overweight” rating in a research note on Wednesday, January 14th. Citigroup upped their price objective on ProPetro from $6.00 to $12.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. Barclays reissued a “neutral” rating on shares of ProPetro in a report on Wednesday, December 17th. Wolfe Research upgraded ProPetro to a “buy” rating and set a $13.00 target price on the stock in a research note on Wednesday, December 10th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of ProPetro in a research note on Monday, December 29th. Four research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $12.67.

ProPetro Price Performance

Shares of NYSE:PUMP opened at $11.14 on Wednesday. The company has a market capitalization of $1.16 billion, a P/E ratio of -65.53 and a beta of 0.77. The company’s 50-day moving average is $10.17 and its 200 day moving average is $7.69. 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 $12.14.

Institutional Trading of ProPetro

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Nisa Investment Advisors LLC lifted its holdings in ProPetro by 1.2% during the 2nd quarter. Nisa Investment Advisors LLC now owns 163,394 shares of the company’s stock worth $975,000 after purchasing an additional 1,990 shares in the last quarter. Mutual Advisors LLC lifted its holdings in shares of ProPetro by 1.2% in the third quarter. Mutual Advisors LLC now owns 164,822 shares of the company’s stock worth $864,000 after buying an additional 2,000 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of ProPetro by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,534 shares of the company’s stock valued at $379,000 after acquiring an additional 2,230 shares during the period. Profund Advisors LLC grew its stake in ProPetro by 14.2% during the third quarter. Profund Advisors LLC now owns 18,958 shares of the company’s stock valued at $99,000 after acquiring an additional 2,355 shares in the last quarter. Finally, Franklin Resources Inc. grew its stake in ProPetro by 4.4% during the second quarter. Franklin Resources Inc. now owns 56,941 shares of the company’s stock valued at $340,000 after acquiring an additional 2,418 shares in the last quarter. 84.70% of the stock is currently owned by institutional investors.

ProPetro Company Profile

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.