In the latest session, ProPetro Holding Corp (NYSE: PUMP) closed at $7.14 up 0.71% from its previous closing price of $7.09. In other words, the price has increased by $+0.05 from its previous closing price. On the day, 1772704 shares were traded. PUMP stock price reached its highest trading level at $7.36 during the session, while it also had its lowest trading level at $7.09.
Ratios:
For a deeper understanding of ProPetro Holding Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 203.39. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.15. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.11.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 03 ’23 when Vion Michele sold 14,426 shares for $10.48 per share. The transaction valued at 151,184 led to the insider holds 25,668 shares of the business.
GOBE PHILLIP A sold 20,000 shares of PUMP for $220,000 on Sep 18 ’23. The Director now owns 168,629 shares after completing the transaction at $11.00 per share. On Sep 12 ’23, another insider, GOBE PHILLIP A, who serves as the Director of the company, sold 15,000 shares for $10.50 each. As a result, the insider received 157,500 and left with 188,629 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, PUMP now has a Market Capitalization of 781.71M and an Enterprise Value of 889.19M. As of this moment, ProPetro’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.59, and their Forward P/E ratio for the next fiscal year is 11.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 0.78. Its current Enterprise Value per Revenue stands at 0.55 whereas that against EBITDA is 2.95.
Stock Price History:
Over the past 52 weeks, PUMP has reached a high of $11.37, while it has fallen to a 52-week low of $6.33. The 50-Day Moving Average of the stock is 7.95, while the 200-Day Moving Average is calculated to be 8.97.
Shares Statistics:
For the past three months, PUMP has traded an average of 1.62M shares per day and 2.05M over the past ten days. A total of 109.48M shares are outstanding, with a floating share count of 82.47M. Insiders hold about 25.19% of the company’s shares, while institutions hold 83.12% stake in the company. Shares short for PUMP as of Feb 15, 2024 were 4.26M with a Short Ratio of 2.63, compared to 4.98M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.89% and a Short% of Float of 7.15%.
Earnings Estimates
There are 7 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.06 for the current quarter, with a high estimate of $0.14 and a low estimate of $0.02, while EPS last year was $0.25. The consensus estimate for the next quarter is $0.12, with high estimates of $0.16 and low estimates of $0.08.
Analysts are recommending an EPS of between $0.69 and $0.25 for the fiscal current year, implying an average EPS of $0.44. EPS for the following year is $0.69, with 7 analysts recommending between $0.94 and $0.37.
Revenue Estimates
A total of 6 analysts believe the company’s revenue will be $400.16M this quarter.It ranges from a high estimate of $463.4M to a low estimate of $373.6M. As of the current estimate, ProPetro Holding Corp’s year-ago sales were $411.54M, an estimated decrease of -2.80% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $421.06M, a decrease of -4.40% less than the figure of -$2.80% in the same quarter last year. There is a high estimate of $499.2M for the next quarter, whereas the lowest estimate is $391M.
A total of 7 analysts have provided revenue estimates for PUMP’s current fiscal year. The highest revenue estimate was $2.01B, while the lowest revenue estimate was $1.54B, resulting in an average revenue estimate of $1.66B. In the same quarter a year ago, actual revenue was $1.63B, up 1.80% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $1.75B in the next fiscal year. The high estimate is $2.13B and the low estimate is $1.59B. The average revenue growth estimate for next year is up 5.30% from the average revenue estimate for this year.
