ProPetro Holding Corp. (NYSE:PUMP – Free Report) – Stock analysts at Atb Cap Markets lifted their Q2 2026 EPS estimates for ProPetro in a note issued to investors on Tuesday, December 10th. Atb Cap Markets analyst W. Syed now forecasts that the company will earn $0.22 per share for the quarter, up from their prior estimate of $0.21. The consensus estimate for ProPetro’s current full-year earnings is $0.29 per share. Atb Cap Markets also issued estimates for ProPetro’s FY2027 earnings at $0.85 EPS.
A number of other brokerages also recently weighed in on PUMP. JPMorgan Chase & Co. upgraded shares of ProPetro from an “underweight” rating to a “neutral” rating and set a $10.00 price objective on the stock in a research report on Friday, December 6th. Barclays decreased their price objective on ProPetro from $13.00 to $12.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 16th. Citigroup cut their price target on ProPetro from $8.50 to $8.00 and set a “neutral” rating for the company in a research note on Thursday, October 31st. Finally, Stifel Nicolaus cut their target price on shares of ProPetro from $12.00 to $11.00 and set a “buy” rating for the company in a research note on Friday, October 11th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $10.25.
ProPetro Price Performance
Shares of NYSE:PUMP opened at $9.13 on Thursday. The business has a fifty day moving average price of $8.06 and a 200-day moving average price of $8.24. ProPetro has a 1-year low of $6.53 and a 1-year high of $10.02. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.20 and a quick ratio of 1.14. The company has a market capitalization of $939.24 million, a PE ratio of -6.86 and a beta of 2.07.
Insider Transactions at ProPetro
In related news, CFO David Scott Schorlemer bought 4,500 shares of the stock in a transaction dated Monday, November 4th. The shares were purchased at an average price of $6.86 per share, for a total transaction of $30,870.00. Following the completion of the purchase, the chief financial officer now directly owns 112,992 shares of the company’s stock, valued at $775,125.12. This represents a 4.15 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.88% of the company’s stock.
Institutional Investors Weigh In On ProPetro
Several institutional investors and hedge funds have recently added to or reduced their stakes in PUMP. GAMMA Investing LLC grew its holdings in shares of ProPetro by 84.3% during the third quarter. GAMMA Investing LLC now owns 3,221 shares of the company’s stock worth $25,000 after buying an additional 1,473 shares in the last quarter. Quarry LP purchased a new stake in ProPetro in the second quarter valued at $40,000. nVerses Capital LLC raised its holdings in ProPetro by 226.3% in the 3rd quarter. nVerses Capital LLC now owns 6,200 shares of the company’s stock valued at $47,000 after buying an additional 4,300 shares during the period. CWM LLC boosted its stake in ProPetro by 17.2% during the third quarter. CWM LLC now owns 8,624 shares of the company’s stock worth $66,000 after buying an additional 1,267 shares during the period. Finally, Chilton Capital Management LLC increased its holdings in ProPetro by 87.1% in the 2nd quarter. Chilton Capital Management LLC now owns 8,595 shares of the company’s stock valued at $75,000 after purchasing an additional 4,000 shares during the last quarter. Hedge funds and other institutional investors own 84.70% of the company’s stock.
ProPetro Company Profile
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.
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