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The price of Patterson-UTI Energy Inc (NASDAQ: PTEN) closed at $8.41 in the last session, down -0.24% from day before closing price of $8.43. In other words, the price has decreased by -$0.24 from its previous closing price. On the day, 9.82 million shares were traded. PTEN stock price reached its highest trading level at $8.46 during the session, while it also had its lowest trading level at $8.25.
Ratios:
We take a closer look at PTEN’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.54. For the most recent quarter (mrq), Quick Ratio is recorded 1.34 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.36.
On December 13, 2024, Goldman Upgraded its rating to Buy which previously was Neutral and also lowered its target price recommendation from $11 to $10.
Insider Transactions:
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 12 ’25 when Hendricks William Andrew JR bought 25,000 shares for $7.88 per share. The transaction valued at 197,000 led to the insider holds 2,482,592 shares of the business.
STEWART JAMES CARL sold 192,000 shares of PTEN for $1,422,720 on Mar 07 ’25. The Director now owns 1,005,254 shares after completing the transaction at $7.41 per share. On Mar 07 ’25, another insider, STEWART JAMES CARL, who serves as the Director of the company, sold 48,149 shares for $7.42 each. As a result, the insider received 357,266 and left with 85,475 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PTEN now has a Market Capitalization of 3249540096 and an Enterprise Value of 4319596544. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.60 while its Price-to-Book (P/B) ratio in mrq is 0.94. Its current Enterprise Value per Revenue stands at 0.803 whereas that against EBITDA is 3.598.
Stock Price History:
The Beta on a monthly basis for PTEN is 1.61, which has changed by -0.2805817 over the last 52 weeks, in comparison to a change of 0.08190584 over the same period for the S&P500. Over the past 52 weeks, PTEN has reached a high of $12.65, while it has fallen to a 52-week low of $7.03. The 50-Day Moving Average of the stock is 0.36%, while the 200-Day Moving Average is calculated to be -3.42%.
Shares Statistics:
According to the various share statistics, PTEN traded on average about 10.48M shares per day over the past 3-months and 13321150 shares per day over the past 10 days. A total of 387.34M shares are outstanding, with a floating share count of 348.17M. Insiders hold about 9.89% of the company’s shares, while institutions hold 98.11% stake in the company. Shares short for PTEN as of 1740700800 were 26247457 with a Short Ratio of 2.50, compared to 1738281600 on 23681721. Therefore, it implies a Short% of Shares Outstanding of 26247457 and a Short% of Float of 9.5.
Dividends & Splits
The forward annual dividend rate for PTEN is 0.32, which was 0.32 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.037959665The stock’s 5-year Average Dividend Yield is 2.28. The current Payout Ratio is 36.39% for PTEN, which recently paid a dividend on 2025-03-03 with an ex-dividend date of 1740960000. Stock splits for the company last occurred on 2004-07-01 when the company split stock in a 2:1 ratio.
Earnings Estimates
Patterson-UTI Energy Inc (PTEN) is presently subject to a detailed evaluation by 8.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is -$0.01, with high estimates of $0.0 and low estimates of -$0.03.
Analysts are recommending an EPS of between $0.05 and -$0.11 for the fiscal current year, implying an average EPS of -$0.02. EPS for the following year is $0.18, with 9.0 analysts recommending between $0.42 and $0.05.
Revenue Estimates
According to 10 analysts, the current quarter’s revenue is expected to be $1.18B. It ranges from a high estimate of $1.22B to a low estimate of $1.14B. As of the current estimate, Patterson-UTI Energy Inc’s year-ago sales were $1.51BFor the next quarter, 10 analysts are estimating revenue of $1.22B. There is a high estimate of $1.3B for the next quarter, whereas the lowest estimate is $1.15B.
A total of 10 analysts have provided revenue estimates for PTEN’s current fiscal year. The highest revenue estimate was $5.04B, while the lowest revenue estimate was $4.63B, resulting in an average revenue estimate of $4.86B. In the same quarter a year ago, actual revenue was $5.38BBased on 12 analysts’ estimates, the company’s revenue will be $5.11B in the next fiscal year. The high estimate is $5.57B and the low estimate is $4.87B.
