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As of close of business last night, Patterson-UTI Energy Inc’s stock clocked out at $6.53, down -1.06% from its previous closing price of $6.6. In other words, the price has decreased by -$1.06 from its previous closing price. On the day, 5.35 million shares were traded. PTEN stock price reached its highest trading level at $6.655 during the session, while it also had its lowest trading level at $6.48.
Ratios:
To gain a deeper understanding of PTEN’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.23. For the most recent quarter (mrq), Quick Ratio is recorded 1.40 and its Current Ratio is at 1.61. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.37.
Goldman Upgraded its Neutral to Buy on December 13, 2024, whereas the target price for the stock was revised from $11 to $10.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 02 ’25 when STEWART JAMES CARL sold 74,500 shares for $5.51 per share. The transaction valued at 410,495 led to the insider holds 925,254 shares of the business.
STEWART JAMES CARL sold 5,500 shares of PTEN for $32,890 on May 09 ’25. The Director now owns 999,754 shares after completing the transaction at $5.98 per share. On May 09 ’25, another insider, JCS Partners LP, who serves as the Director of the company, bought 80,000 shares for $6.00 each.
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 2547516160 and an Enterprise Value of 3366206976. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at 0.654 whereas that against EBITDA is 3.13.
Stock Price History:
The Beta on a monthly basis for PTEN is 1.30, which has changed by -0.35917568 over the last 52 weeks, in comparison to a change of 0.12153554 over the same period for the S&P500. Over the past 52 weeks, PTEN has reached a high of $11.27, while it has fallen to a 52-week low of $5.12. The 50-Day Moving Average of the stock is 9.03%, while the 200-Day Moving Average is calculated to be -12.49%.
Shares Statistics:
It appears that PTEN traded 13.62M shares on average per day over the past three months and 11496620 shares per day over the past ten days. A total of 385.98M shares are outstanding, with a floating share count of 347.77M. Insiders hold about 9.90% of the company’s shares, while institutions hold 98.09% stake in the company. Shares short for PTEN as of 1749772800 were 37649492 with a Short Ratio of 2.77, compared to 1747267200 on 27677601. Therefore, it implies a Short% of Shares Outstanding of 37649492 and a Short% of Float of 13.859999.
Dividends & Splits
With its trailing 12-month dividend rate of 0.32, PTEN has a forward annual dividend rate of 0.32. Against a Trailing Annual Dividend Yield of 0.048484847The stock’s 5-year Average Dividend Yield is 2.3.
