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

ProPetro Holding Corp. (NYSE:PUMP) – Stock analysts at Zacks Research raised their Q2 2025 earnings estimates for shares of ProPetro in a report issued on Monday, December 9th. Zacks Research analyst N. Choudhury now anticipates that the company will post earnings of $0.11 per share for the quarter, up from their previous forecast of $0.10. The consensus estimate for ProPetro’s current full-year earnings is $0.29 per share. Zacks Research also issued estimates for ProPetro’s Q4 2025 earnings at $0.08 EPS and FY2025 earnings at $0.36 EPS.

Several other brokerages also recently commented on PUMP. Stifel Nicolaus reduced their target price on ProPetro from $12.00 to $11.00 and set a “buy” rating for the company in a research note on Friday, October 11th. JPMorgan Chase & Co. raised ProPetro from an “underweight” rating to a “neutral” rating and set a $10.00 price objective for the company in a research note on Friday, December 6th. Barclays lowered their target price on ProPetro from $13.00 to $12.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 16th. Finally, Citigroup reduced their price target on shares of ProPetro from $8.50 to $8.00 and set a “neutral” rating for the company in a research report on Thursday, October 31st. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $10.25.

ProPetro Trading Down 3.1 %

NYSE:PUMP opened at $9.13 on Thursday. The firm has a fifty day simple moving average of $8.06 and a two-hundred day simple moving average of $8.24. ProPetro has a 12 month low of $6.53 and a 12 month high of $10.02. The stock has a market capitalization of $939.24 million, a price-to-earnings ratio of -6.86 and a beta of 2.07. The company has a current ratio of 1.20, a quick ratio of 1.14 and a debt-to-equity ratio of 0.05.

Institutional Investors Weigh In On ProPetro

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. GAMMA Investing LLC raised its stake in shares of ProPetro by 84.3% during the 3rd quarter. GAMMA Investing LLC now owns 3,221 shares of the company’s stock worth $25,000 after purchasing an additional 1,473 shares during the period. Quarry LP purchased a new stake in ProPetro during the second quarter worth about $40,000. nVerses Capital LLC raised its position in ProPetro by 226.3% in the third quarter. nVerses Capital LLC now owns 6,200 shares of the company’s stock worth $47,000 after acquiring an additional 4,300 shares during the period. CWM LLC boosted its stake in ProPetro by 17.2% in the third quarter. CWM LLC now owns 8,624 shares of the company’s stock valued at $66,000 after acquiring an additional 1,267 shares during the last quarter. Finally, Chilton Capital Management LLC grew its position in shares of ProPetro by 87.1% during the 2nd quarter. Chilton Capital Management LLC now owns 8,595 shares of the company’s stock valued at $75,000 after acquiring an additional 4,000 shares during the period. Hedge funds and other institutional investors own 84.70% of the company’s stock.

Insider Transactions at ProPetro

In other news, CFO David Scott Schorlemer purchased 4,500 shares of the business’s stock in a transaction that occurred on Monday, November 4th. The shares were acquired at an average cost of $6.86 per share, for a total transaction of $30,870.00. Following the completion of the acquisition, the chief financial officer now owns 112,992 shares in the company, valued at $775,125.12. This trade represents a 4.15 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.88% 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.