The price of ProPetro Holding Corp. (NYSE: PUMP) closed at $7.63 in the last session, down -0.91% from day before closing price of $7.70. In other words, the price has decreased by -$0.07 from its previous closing price. On the day, 1059221 shares were traded. PUMP stock price reached its highest trading level at $7.77 during the session, while it also had its lowest trading level at $7.54.
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We take a closer look at PUMP’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.20 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.
Upgrades & Downgrades
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 01 when SCHORLEMER DAVID SCOTT bought 1,500 shares for $8.96 per share. The transaction valued at 13,440 led to the insider holds 65,778 shares of the business.
SCHORLEMER DAVID SCOTT bought 2,500 shares of PUMP for $21,100 on Feb 24. The Chief Financial Officer now owns 64,278 shares after completing the transaction at $8.44 per share. On Nov 15, another insider, GOBE PHILLIP A, who serves as the Director of the company, sold 65,860 shares for $11.36 each. As a result, the insider received 748,170 and left with 116,251 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PUMP now has a Market Capitalization of 763.58M and an Enterprise Value of 746.96M. As of this moment, ProPetro’s Price-to-Earnings (P/E) ratio for their current fiscal year is 53.73, and their Forward P/E ratio for the next fiscal year is 4.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 0.53 whereas that against EBITDA is 4.20.
Stock Price History:
Over the past 52 weeks, PUMP has reached a high of $14.34, while it has fallen to a 52-week low of $6.33. The 50-Day Moving Average of the stock is 7.17, while the 200-Day Moving Average is calculated to be 9.12.
According to the various share statistics, PUMP traded on average about 1.60M shares per day over the past 3-months and 1.25M shares per day over the past 10 days. A total of 114.88M shares are outstanding, with a floating share count of 96.89M. Insiders hold about 0.20% of the company’s shares, while institutions hold 81.10% stake in the company. Shares short for PUMP as of Apr 27, 2023 were 4.79M with a Short Ratio of 4.79M, compared to 4.95M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 4.16% and a Short% of Float of 7.34%.
The company has 7 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.45 for the current quarter, with a high estimate of $0.67 and a low estimate of $0.36, while EPS last year was $0.23. The consensus estimate for the next quarter is $0.47, with high estimates of $0.61 and low estimates of $0.35.
Analysts are recommending an EPS of between $2.35 and $1 for the fiscal current year, implying an average EPS of $1.67. EPS for the following year is $1.83, with 9 analysts recommending between $2.51 and $1.3.
According to 5 analysts, the current quarter’s revenue is expected to be $437.73M. It ranges from a high estimate of $463.9M to a low estimate of $423.6M. As of the current estimate, ProPetro Holding Corp.’s year-ago sales were $315.08M, an estimated increase of 38.90% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $447.4M, an increase of 32.90% less than the figure of $38.90% in the same quarter last year. There is a high estimate of $478.4M for the next quarter, whereas the lowest estimate is $423.8M.
A total of 9 analysts have provided revenue estimates for PUMP’s current fiscal year. The highest revenue estimate was $1.85B, while the lowest revenue estimate was $1.52B, resulting in an average revenue estimate of $1.7B. In the same quarter a year ago, actual revenue was $1.28B, up 33.00% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $1.79B in the next fiscal year. The high estimate is $2.07B and the low estimate is $1.41B. The average revenue growth estimate for next year is up 5.00% from the average revenue estimate for this year.