For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Patterson-UTI Energy Inc (NASDAQ: PTEN) closed at $5.75 in the last session, down -0.17% from day before closing price of $5.76. In other words, the price has decreased by -$0.17 from its previous closing price. On the day, 10.16 million shares were traded. PTEN stock price reached its highest trading level at $6.009 during the session, while it also had its lowest trading level at $5.69.
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 9.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.47. 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 2223231744 and an Enterprise Value of 3291798272. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.41 while its Price-to-Book (P/B) ratio in mrq is 0.64. Its current Enterprise Value per Revenue stands at 0.612 whereas that against EBITDA is 2.742.
Stock Price History:
The Beta on a monthly basis for PTEN is 1.40, which has changed by -0.4924978 over the last 52 weeks, in comparison to a change of 0.07019031 over the same period for the S&P500. Over the past 52 weeks, PTEN has reached a high of $12.15, while it has fallen to a 52-week low of $5.12. The 50-Day Moving Average of the stock is -26.92%, while the 200-Day Moving Average is calculated to be -32.01%.
Shares Statistics:
According to the various share statistics, PTEN traded on average about 11.22M shares per day over the past 3-months and 12513120 shares per day over the past 10 days. A total of 387.34M shares are outstanding, with a floating share count of 348.14M. Insiders hold about 9.90% of the company’s shares, while institutions hold 97.90% stake in the company. Shares short for PTEN as of 1743379200 were 19638635 with a Short Ratio of 1.75, compared to 1740700800 on 26247457. Therefore, it implies a Short% of Shares Outstanding of 19638635 and a Short% of Float of 7.1100004.
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 0.055555552The stock’s 5-year Average Dividend Yield is 2.23.
