ProPetro Holding Corp (NYSE: PUMP) closed the day trading at $7.74 up 0.39% from the previous closing price of $7.71. In other words, the price has increased by $+0.03 from its previous closing price. On the day, 991306 shares were traded.
Ratios:
For a better understanding of PUMP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 215.14. 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:
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 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 832.57M and an Enterprise Value of 940.05M. As of this moment, ProPetro’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.40, and their Forward P/E ratio for the next fiscal year is 13.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.51 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at 0.58 whereas that against EBITDA is 3.12.
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 7.76, while the 200-Day Moving Average is calculated to be 8.98.
Shares Statistics:
Over the past 3-months, PUMP traded about 1.52M shares per day on average, while over the past 10 days, PUMP traded about 1.59M shares per day. A total of 109.48M shares are outstanding, with a floating share count of 80.47M. Insiders hold about 25.19% of the company’s shares, while institutions hold 85.21% stake in the company. Shares short for PUMP as of Feb 29, 2024 were 4.12M with a Short Ratio of 2.71, compared to 4.63M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.76% and a Short% of Float of 6.91%.
Earnings Estimates
Current recommendations for the stock of the company come from 9 analysts. On average, analysts expect EPS of $0.05 for the current quarter, with a high estimate of $0.14 and a low estimate of -$0.05, 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 $0.63, with 9 analysts recommending between $0.94 and $0.32.
Revenue Estimates
8 analysts predict $393.9M in revenue for the current quarter. It ranges from a high estimate of $463.4M to a low estimate of $365.2M. As of the current estimate, ProPetro Holding Corp’s year-ago sales were $411.54M, an estimated decrease of -4.30% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $416.76M, a decrease of -5.40% less than the figure of -$4.30% in the same quarter last year. There is a high estimate of $499.2M for the next quarter, whereas the lowest estimate is $390.7M.
A total of 9 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 $1.65B. In the same quarter a year ago, actual revenue was $1.63B, up 1.30% from the average estimate. Based on 8 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 5.80% from the average revenue estimate for this year.
