Equities Analysts Offer Predictions for ProPetro Q3 Earnings

ProPetro Holding Corp. (NYSE:PUMP) – Investment analysts at Zacks Research boosted their Q3 2027 earnings per share (EPS) estimates for shares of ProPetro in a research report issued on Monday, July 13th. Zacks Research analyst Team now anticipates that the company will post earnings of $0.06 per share for the quarter, up from their prior forecast of $0.05. The consensus estimate for ProPetro’s current full-year earnings is ($0.03) per share. Zacks Research also issued estimates for ProPetro’s FY2028 earnings at $1.01 EPS.

ProPetro (NYSE:PUMP) last announced its quarterly earnings data on Thursday, April 30th. The company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.09. The firm had revenue of $270.69 million during the quarter, compared to the consensus estimate of $277.49 million. ProPetro had a negative return on equity of 1.43% and a negative net margin of 1.05%.The business’s revenue was down 24.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.09 earnings per share.

PUMP has been the subject of a number of other research reports. Bank of America began coverage on ProPetro in a research report on Monday, March 30th. They set a “buy” rating and a $18.00 price target for the company. Citigroup increased their price target on shares of ProPetro from $16.00 to $20.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. The Goldman Sachs Group reiterated a “neutral” rating and set a $16.00 target price on shares of ProPetro in a report on Wednesday, June 3rd. Stifel Nicolaus set a $23.00 target price on ProPetro in a research note on Thursday, July 2nd. Finally, Barclays raised ProPetro from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $14.00 to $23.00 in a research report on Thursday, May 7th. Eight analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $18.25.

ProPetro Stock Up 2.4%

Shares of NYSE PUMP opened at $13.18 on Tuesday. The company has a market cap of $1.62 billion, a price-to-earnings ratio of -119.78 and a beta of 0.72. The company has a quick ratio of 1.57, a current ratio of 1.64 and a debt-to-equity ratio of 0.08. The firm’s fifty day moving average is $15.18 and its 200 day moving average is $13.42. ProPetro has a 52 week low of $4.51 and a 52 week high of $18.50.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in PUMP. Aster Capital Management DIFC Ltd bought a new stake in shares of ProPetro during the fourth quarter valued at approximately $56,000. Dark Forest Capital Management LP bought a new position in ProPetro in the 3rd quarter valued at approximately $57,000. Raymond James Financial Inc. bought a new position in ProPetro in the 2nd quarter valued at approximately $60,000. Tower Research Capital LLC TRC boosted its stake in ProPetro by 70.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 10,789 shares of the company’s stock valued at $64,000 after purchasing an additional 4,461 shares during the last quarter. Finally, State of Wyoming purchased a new stake in ProPetro during the 1st quarter valued at $83,000. Institutional investors own 84.70% of the company’s stock.

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.