Q1 Earnings Forecast for ProPetro Issued By Atb Cap Markets

ProPetro Holding Corp. (NYSE:PUMP) – Investment analysts at Atb Cap Markets lifted their Q1 2025 earnings per share (EPS) estimates for shares of ProPetro in a report released on Wednesday, February 19th. Atb Cap Markets analyst W. Syed now anticipates that the company will post earnings per share of $0.10 for the quarter, up from their previous estimate of $0.09. The consensus estimate for ProPetro’s current full-year earnings is $0.25 per share. Atb Cap Markets also issued estimates for ProPetro’s Q4 2025 earnings at ($0.03) EPS, Q4 2026 earnings at $0.06 EPS and FY2027 earnings at $0.89 EPS.

Several other equities research analysts also recently weighed in on PUMP. Benchmark reaffirmed a “hold” rating on shares of ProPetro in a research report on Thursday, February 20th. Stifel Nicolaus increased their price target on ProPetro from $11.00 to $12.00 and gave the stock a “buy” rating in a research report on Friday. JPMorgan Chase & Co. raised ProPetro from an “underweight” rating to a “neutral” rating and set a $10.00 price target on the stock in a research report on Friday, December 6th. Finally, Citigroup increased their price target on ProPetro from $8.00 to $10.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 7th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, ProPetro currently has a consensus rating of “Hold” and a consensus price target of $11.00.

ProPetro Price Performance

Shares of PUMP opened at $8.98 on Monday. The business’s 50-day moving average is $9.50 and its two-hundred day moving average is $8.53. The company has a market capitalization of $924.21 million, a P/E ratio of -6.70 and a beta of 1.98. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.14 and a current ratio of 1.31. ProPetro has a fifty-two week low of $6.53 and a fifty-two week high of $11.17.

Institutional Investors Weigh In On ProPetro

Several hedge funds have recently modified their holdings of PUMP. Pacer Advisors Inc. boosted its stake in shares of ProPetro by 95.4% during the 3rd quarter. Pacer Advisors Inc. now owns 7,152,687 shares of the company’s stock worth $54,790,000 after acquiring an additional 3,491,723 shares in the last quarter. Sourcerock Group LLC purchased a new stake in ProPetro during the 4th quarter worth approximately $14,079,000. Van ECK Associates Corp raised its holdings in shares of ProPetro by 57.3% during the fourth quarter. Van ECK Associates Corp now owns 1,527,598 shares of the company’s stock valued at $14,253,000 after acquiring an additional 556,747 shares during the last quarter. Balyasny Asset Management L.P. purchased a new position in shares of ProPetro in the fourth quarter valued at approximately $4,934,000. Finally, Point72 Asset Management L.P. purchased a new position in shares of ProPetro in the third quarter valued at approximately $3,525,000. 84.70% of the stock is owned by hedge funds and other institutional investors.

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.