Analysts Offer Predictions for ProPetro FY2028 Earnings

ProPetro Holding Corp. (NYSE:PUMP) – Equities research analysts at Zacks Research issued their FY2028 earnings per share estimates for shares of ProPetro in a research note issued to investors on Wednesday, March 4th. Zacks Research analyst Team expects that the company will post earnings per share of $1.27 for the year. The consensus estimate for ProPetro’s current full-year earnings is $0.25 per share.

ProPetro (NYSE:PUMP) last announced its quarterly earnings data on Wednesday, February 18th. The company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.13) by $0.14. ProPetro had a net margin of 0.06% and a return on equity of 0.10%. The business had revenue of $289.68 million for the quarter, compared to analyst estimates of $279.90 million. During the same period in the prior year, the firm posted ($0.17) EPS. The company’s revenue was down 9.6% on a year-over-year basis.

Several other research analysts have also weighed in on the company. Piper Sandler increased their target price on ProPetro from $16.00 to $17.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. Weiss Ratings restated a “sell (d-)” rating on shares of ProPetro in a report on Monday, December 29th. Wolfe Research upgraded ProPetro to a “buy” rating and set a $13.00 target price for the company in a report on Wednesday, December 10th. Barclays increased their target price on shares of ProPetro from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 25th. Finally, JPMorgan Chase & Co. raised shares of ProPetro from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $7.00 to $13.00 in a research report on Wednesday, December 10th. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, ProPetro presently has a consensus rating of “Hold” and an average target price of $12.83.

ProPetro Stock Performance

NYSE:PUMP opened at $12.61 on Friday. The company has a market cap of $1.54 billion, a P/E ratio of 1,261.00 and a beta of 0.70. The firm’s 50 day moving average is $10.89 and its two-hundred day moving average is $8.61. ProPetro has a fifty-two week low of $4.51 and a fifty-two week high of $13.25. The company has a quick ratio of 1.24, a current ratio of 1.29 and a debt-to-equity ratio of 0.13.

Institutional Trading of ProPetro

Several large investors have recently modified their holdings of the business. Squarepoint Ops LLC raised its position in shares of ProPetro by 127.3% in the 2nd quarter. Squarepoint Ops LLC now owns 102,166 shares of the company’s stock valued at $610,000 after purchasing an additional 57,226 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new stake in shares of ProPetro in the third quarter worth $1,569,000. American Century Companies Inc. raised its holdings in ProPetro by 3.1% in the second quarter. American Century Companies Inc. now owns 3,556,150 shares of the company’s stock valued at $21,230,000 after acquiring an additional 107,090 shares in the last quarter. Towle & Co. boosted its stake in ProPetro by 11.5% during the 3rd quarter. Towle & Co. now owns 1,129,914 shares of the company’s stock valued at $5,921,000 after acquiring an additional 116,260 shares during the last quarter. Finally, Dana Investment Advisors Inc. grew its holdings in ProPetro by 21.9% during the 3rd quarter. Dana Investment Advisors Inc. now owns 932,470 shares of the company’s stock worth $4,886,000 after acquiring an additional 167,509 shares in the last quarter. 84.70% of the stock is currently owned by institutional investors and hedge funds.

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.