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After finishing at $6.35 in the prior trading day, Patterson-UTI Energy Inc (NASDAQ: PTEN) closed at $6.04, down -4.88%%. In other words, the price has decreased by -$4.88% from its previous closing price. On the day, 16.91 million shares were traded.
Ratios:
Our goal is to gain a better understanding of PTEN by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.76. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.45 while its Price-to-Book (P/B) ratio in mrq is 0.68.
Stock Price History:
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 1.83%, while the 200-Day Moving Average is calculated to be -20.23%.
Shares Statistics:
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 97.98% stake in the company.
