ProPetro Holding Corp. (NYSE:PUMP) Receives $16.50 Consensus PT from Analysts

Shares of ProPetro Holding Corp. (NYSE:PUMP) have been assigned an average recommendation of “Moderate Buy” from the eleven brokerages that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $16.50.

A number of research firms have issued reports on PUMP. Stifel Nicolaus reduced their target price on shares of ProPetro from $23.00 to $20.00 and set a “buy” rating on the stock in a report on Monday, August 3rd. Weiss Ratings restated a “sell (d-)” rating on shares of ProPetro in a research note on Friday, July 31st. Piper Sandler cut their price objective on ProPetro from $20.00 to $18.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. Barclays reduced their price objective on ProPetro from $23.00 to $18.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 5th. Finally, Citigroup decreased their target price on ProPetro from $20.00 to $16.00 and set a “buy” rating for the company in a report on Monday, August 3rd.

Insider Transactions at ProPetro

In other news, Director G Larry Lawrence sold 35,831 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $11.16, for a total transaction of $399,873.96. Following the completion of the transaction, the director directly owned 28,181 shares of the company’s stock, valued at approximately $314,499.96. The trade was a 55.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Adam Munoz sold 70,696 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $11.17, for a total transaction of $789,674.32. Following the sale, the chief operating officer owned 148,691 shares in the company, valued at $1,660,878.47. The trade was a 32.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.55% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of ProPetro by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,534 shares of the company’s stock valued at $379,000 after purchasing an additional 2,230 shares during the last quarter. Millennium Management LLC lifted its position in shares of ProPetro by 44.6% during the 1st quarter. Millennium Management LLC now owns 735,731 shares of the company’s stock worth $5,408,000 after purchasing an additional 226,914 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of ProPetro by 16,264.8% during the first quarter. Jones Financial Companies Lllp now owns 27,002 shares of the company’s stock worth $198,000 after purchasing an additional 26,837 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of ProPetro by 3.7% during the first quarter. Goldman Sachs Group Inc. now owns 609,935 shares of the company’s stock worth $4,483,000 after purchasing an additional 21,519 shares in the last quarter. Finally, Caxton Associates LLP purchased a new position in ProPetro in the first quarter valued at $272,000. Hedge funds and other institutional investors own 84.70% of the company’s stock.

ProPetro News Roundup

Here are the key news stories impacting ProPetro this week:

• Positive Sentiment: Dual listing expands visibility: ProPetro announced plans for a dual listing on NYSE Texas in addition to its existing New York Stock Exchange listing. The move could improve the company’s visibility among investors and reinforce its Texas-based identity. ProPetro Announces Dual Listing on NYSE Texas
• Positive Sentiment: Long-term earnings outlook improved: Zacks Research raised its FY2028 EPS forecast to $1.06 from $1.01, while increasing its estimates for Q2 2027 to $0.05 from $0.04 and Q1 2028 to $0.16 from $0.15. These revisions suggest analysts see potential for a meaningful recovery in profitability beyond 2026.
• Neutral Sentiment: Current-year outlook remains weak: Zacks’ FY2026 forecast is now a loss of $0.06 per share, matching the broader consensus estimate. The company’s latest reported quarter also showed a $0.07 per-share loss, although revenue of $305.8 million was slightly above expectations.
• Negative Sentiment: Near-term estimates were cut: Zacks reduced its Q3 2026 EPS forecast to $0.01 from $0.02, Q4 2026 to $0.03 from $0.04, and Q3 2027 to $0.05 from $0.06. The revisions point to softer expected profitability in the next several reporting periods.

ProPetro Stock Up 0.2%

Shares of PUMP opened at $11.35 on Wednesday. The stock has a market capitalization of $1.39 billion, a PE ratio of -103.18 and a beta of 0.77. ProPetro has a 1 year low of $4.52 and a 1 year high of $18.50. The company has a debt-to-equity ratio of 0.80, a quick ratio of 4.00 and a current ratio of 4.09. The company’s 50-day simple moving average is $12.69 and its 200-day simple moving average is $13.76.

ProPetro (NYSE:PUMP) last posted its quarterly earnings data on Wednesday, July 29th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.06). The business had revenue of $305.81 million during the quarter, compared to analysts’ expectations of $304.48 million. ProPetro had a negative net margin of 1.15% and a negative return on equity of 1.49%. The company’s revenue for the quarter was down 6.3% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.07) EPS. Analysts forecast that ProPetro will post -0.06 earnings per share for the current fiscal year.

ProPetro Company Profile

ProPetro Holding Corp is a publicly traded oilfield services company that specializes in hydraulic fracturing and well completion solutions for exploration and production operators. Headquartered in Midland, Texas, the company delivers a comprehensive suite of pressure pumping services designed to optimize reservoir stimulation and enhance hydrocarbon recovery. Its integrated approach encompasses well design, proppant selection, fluid systems and pressure management to support clients’ development targets across unconventional plays.

The company’s core offerings include high-pressure fracturing, coiled tubing, cementing, acidizing and flowback services, all supported by in-house logistics and digital monitoring tools.