How did Patterson-UTI Energy Inc (PTEN) surprise investors with its report?

Kevin Freeman

Patterson-UTI Energy Inc [PTEN] stock is trading at $5.81, up 4.50%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PTEN shares have gain 9.21% over the last week, with a monthly amount glided 2.47%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Patterson-UTI Energy Inc [NASDAQ: PTEN] stock has seen the most recent analyst activity on July 15, 2025, when Piper Sandler initiated its Neutral rating and assigned the stock a price target of $7. Previously, Citigroup downgraded its rating to Neutral on May 19, 2025, and kept the price target unchanged to $6.50. On January 06, 2025, downgrade downgraded it’s rating to Mkt Perform. Goldman upgraded its rating to a Buy and decreased its price target to $10 on December 13, 2024. The Benchmark Company downgraded its rating to a Hold. Goldman started tracking with a Neutral rating for this stock on December 19, 2023, and assigned it a price target of $12. In a note dated October 17, 2023, Morgan Stanley downgraded an Equal-Weight rating on this stock and revised its target price from $20 to $17.

Patterson-UTI Energy Inc [PTEN] stock has fluctuated between $5.10 and $9.57 over the past year. Currently, Wall Street analysts expect the stock to reach $15.06 within the next 12 months. Patterson-UTI Energy Inc [NASDAQ: PTEN] shares were valued at $5.81 at the most recent close of the market. An investor can expect a potential return of 159.21% based on the average PTEN price forecast.

Analyzing the PTEN fundamentals

Patterson-UTI Energy Inc [NASDAQ:PTEN] reported sales of 5.02B for the trailing twelve months, which represents a drop of -9.56%. Gross Profit Margin for this corporation currently stands at 0.03% with Operating Profit Margin at -0.21%, Pretax Profit Margin comes in at -0.22%, and Net Profit Margin reading is -0.21%. To continue investigating profitability, this company’s Return on Assets is posted at -0.19, Equity is -0.31 and Total Capital is -0.21. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.38.

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 5.63 points at the first support level, and at 5.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.96, and for the 2nd resistance point, it is at 6.11.

Ratios To Look Out For

For context, Patterson-UTI Energy Inc’s Current Ratio is 1.73. Further, the Quick Ratio stands at 1.50, while the Cash Ratio is 0.26. Considering the valuation of this stock, the price to sales ratio is 0.45, the price to book ratio is 0.67.

Transactions by insiders

Recent insider trading involved STEWART JAMES CARL, Director, that happened on Jun 02 ’25 when 74500.0 shares were sold. Director, STEWART JAMES CARL completed a deal on May 09 ’25 to sell 5500.0 shares. Meanwhile, Director JCS Partners LP bought 80000.0 shares on May 09 ’25.

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