Zacks Research Has Bullish Outlook for ProPetro Q2 Earnings

ProPetro Holding Corp. (NYSE:PUMP) – Analysts at Zacks Research upped their Q2 2025 EPS estimates for ProPetro in a research report issued on Monday, December 9th. Zacks Research analyst N. Choudhury now forecasts that the company will earn $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.

A number of other research analysts have also weighed in on the stock. Barclays reduced their price objective on shares of ProPetro from $13.00 to $12.00 and set an “overweight” rating for the company in a research note on Wednesday, October 16th. JPMorgan Chase & Co. upgraded ProPetro from an “underweight” rating to a “neutral” rating and set a $10.00 price target for the company in a research report on Friday, December 6th. Stifel Nicolaus decreased their price objective on ProPetro from $12.00 to $11.00 and set a “buy” rating on the stock in a research note on Friday, October 11th. Finally, Citigroup cut their target price on ProPetro from $8.50 to $8.00 and set a “neutral” rating for the company in a research note on Thursday, October 31st. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $10.25.

ProPetro Price Performance

PUMP opened at $9.13 on Thursday. The firm has a 50-day moving average price of $8.06 and a 200-day moving average price of $8.24. ProPetro has a twelve month low of $6.53 and a twelve month high of $10.02. The company has a quick ratio of 1.14, a current ratio of 1.20 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $939.24 million, a price-to-earnings ratio of -6.86 and a beta of 2.07.

Insider Activity at ProPetro

In other news, CFO David Scott Schorlemer bought 4,500 shares of the firm’s stock in a transaction that occurred on Monday, November 4th. The shares were bought at an average cost of $6.86 per share, with a total value of $30,870.00. Following the completion of the purchase, the chief financial officer now directly owns 112,992 shares in the company, valued at $775,125.12. This represents a 4.15 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. 0.88% of the stock is currently owned by insiders.

Hedge Funds Weigh In On ProPetro

Several hedge funds have recently made changes to their positions in the business. Price T Rowe Associates Inc. MD grew its holdings in shares of ProPetro by 15.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 27,618 shares of the company’s stock worth $224,000 after acquiring an additional 3,687 shares during the period. SG Americas Securities LLC bought a new stake in ProPetro during the 2nd quarter valued at about $746,000. Stanley Laman Group Ltd. raised its holdings in ProPetro by 0.7% in the second quarter. Stanley Laman Group Ltd. now owns 412,752 shares of the company’s stock worth $3,579,000 after buying an additional 2,825 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of ProPetro by 1.8% in the second quarter. Bank of New York Mellon Corp now owns 780,498 shares of the company’s stock worth $6,767,000 after buying an additional 14,144 shares in the last quarter. Finally, Innealta Capital LLC purchased a new stake in shares of ProPetro during the second quarter valued at approximately $76,000. 84.70% of the stock is owned by hedge funds and other institutional investors.

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.