Zacks Research Forecasts ProPetro’s Q2 Earnings (NYSE:PUMP)

ProPetro Holding Corp. (NYSE:PUMP) – Zacks Research cut their Q2 2025 earnings per share (EPS) estimates for ProPetro in a report issued on Wednesday, March 5th. Zacks Research analyst N. Choudhury now expects that the company will post earnings per share of $0.09 for the quarter, down from their prior estimate of $0.10. The consensus estimate for ProPetro’s current full-year earnings is $0.25 per share. Zacks Research also issued estimates for ProPetro’s Q2 2026 earnings at $0.12 EPS, Q3 2026 earnings at $0.04 EPS and FY2027 earnings at $0.89 EPS.

A number of other brokerages have also issued reports on PUMP. Citigroup upped their price objective on shares of ProPetro from $8.00 to $10.00 and gave the company a “neutral” rating in a report on Tuesday, January 7th. JPMorgan Chase & Co. raised shares of ProPetro from an “underweight” rating to a “neutral” rating and set a $10.00 price target for the company in a research note on Friday, December 6th. Stifel Nicolaus lifted their price target on shares of ProPetro from $11.00 to $12.00 and gave the company a “buy” rating in a research report on Friday, February 21st. Barclays lowered their price objective on ProPetro from $12.00 to $11.00 and set an “overweight” rating for the company in a research report on Monday, March 3rd. Finally, Benchmark reissued a “hold” rating on shares of ProPetro in a research note on Thursday, February 20th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, ProPetro has an average rating of “Hold” and a consensus price target of $10.75.

ProPetro Stock Up 1.5 %

Shares of NYSE:PUMP opened at $7.31 on Friday. ProPetro has a 52-week low of $6.53 and a 52-week high of $11.17. The company has a quick ratio of 1.14, a current ratio of 1.31 and a debt-to-equity ratio of 0.06. The business has a fifty day moving average of $9.30 and a two-hundred day moving average of $8.50. The stock has a market cap of $753.65 million, a P/E ratio of -5.45 and a beta of 2.03.

Hedge Funds Weigh In On ProPetro

A number of hedge funds have recently made changes to their positions in PUMP. Smartleaf Asset Management LLC lifted its stake in ProPetro by 205.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,983 shares of the company’s stock worth $28,000 after purchasing an additional 2,005 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of ProPetro by 38.0% in the 4th quarter. GAMMA Investing LLC now owns 4,446 shares of the company’s stock valued at $41,000 after buying an additional 1,225 shares during the period. KBC Group NV lifted its stake in ProPetro by 90.5% during the 4th quarter. KBC Group NV now owns 8,045 shares of the company’s stock worth $75,000 after acquiring an additional 3,821 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in ProPetro during the 3rd quarter valued at about $77,000. Finally, Raymond James Financial Inc. acquired a new position in ProPetro in the 4th quarter valued at about $94,000. 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.