ProPetro Holding Corp [PUMP] stock is trading at $7.38, down -2.64%. An important factor to consider is whether the stock is rising or falling in short-term value. The PUMP shares have gain 2.22% over the last week, with a monthly amount drifted -12.77%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
ProPetro Holding Corp [NYSE: PUMP] stock has seen the most recent analyst activity on December 06, 2024, when JP Morgan upgraded its rating to a Neutral but kept the price target unchanged to $10 for it. Previously, The Benchmark Company downgraded its rating to Hold on January 16, 2024. On July 19, 2023, upgrade upgraded it’s rating to Buy. The Benchmark Company started tracking the stock assigning a Hold rating. Citigroup downgraded its rating to a Neutral but $12 remained the price target by the analyst firm on January 17, 2023. Barclays upgraded its rating to Overweight for this stock on January 10, 2023, but kept the price target unchanged to $14. In a note dated May 26, 2022, JP Morgan downgraded an Underweight rating on this stock and revised its target price from $16 to $14.
ProPetro Holding Corp [PUMP] stock has fluctuated between $6.53 and $11.17 over the past year. Currently, Wall Street analysts expect the stock to reach $11 within the next 12 months. ProPetro Holding Corp [NYSE: PUMP] shares were valued at $7.38 at the most recent close of the market. An investor can expect a potential return of 49.05% based on the average PUMP price forecast.
Analyzing the PUMP fundamentals
ProPetro Holding Corp [NYSE:PUMP] reported sales of 1.44B for the trailing twelve months, which represents a drop of -7.83%. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at -0.11%, Pretax Profit Margin comes in at -0.12%, and Net Profit Margin reading is -0.1%. To continue investigating profitability, this company’s Return on Assets is posted at -0.11, Equity is -0.15 and Total Capital is -0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.21.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.25 points at the first support level, and at 7.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.56, and for the 2nd resistance point, it is at 7.74.
Ratios To Look Out For
For context, ProPetro Holding Corp’s Current Ratio is 1.31. On the other hand, the Quick Ratio is 1.24, and the Cash Ratio is 0.23. Considering the valuation of this stock, the price to sales ratio is 0.53, the price to book ratio is 0.93.
Transactions by insiders
Recent insider trading involved Lawrence G Larry, Director, that happened on Mar 07 ’25 when 10137.0 shares were sold. Director, Lawrence G Larry completed a deal on Mar 07 ’25 to buy 10137.0 shares. Meanwhile, Chief Financial Officer SCHORLEMER DAVID SCOTT bought 4500.0 shares on Nov 04 ’24.
