FY2026 EPS Estimates for ProPetro Reduced by Zacks Research

ProPetro Holding Corp. (NYSE:PUMP) – Zacks Research dropped their FY2026 earnings estimates for ProPetro in a research note issued to investors on Friday, September 18th. Zacks Research analyst Team now anticipates that the company will post earnings of ($0.12) per share for the year, down from their prior estimate of ($0.10). The consensus estimate for ProPetro’s current full-year earnings is ($0.11) per share. Zacks Research also issued estimates for ProPetro’s Q4 2026 earnings at $0.02 EPS, FY2027 earnings at $0.20 EPS, Q1 2028 earnings at ($0.02) EPS, Q2 2028 earnings at $0.11 EPS and FY2028 earnings at $0.64 EPS.

Other equities research analysts have also issued reports about the company. Morgan Stanley began coverage on ProPetro in a research note on Monday, September 14th. They set an “equal weight” rating and a $13.00 price target for the company. Wall Street Zen downgraded shares of ProPetro from a “hold” rating to a “sell” rating in a research report on Saturday, August 29th. Citigroup lowered their price target on shares of ProPetro from $20.00 to $16.00 and set a “buy” rating for the company in a report on Monday, August 3rd. Weiss Ratings reissued a “sell (d-)” rating on shares of ProPetro in a research report on Friday, July 31st. Finally, Odeon Capital Group started coverage on ProPetro in a research report on Thursday, May 28th. They set a “buy” rating on the stock. Eight investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, ProPetro presently has an average rating of “Moderate Buy” and an average price target of $15.78.

ProPetro Price Performance

ProPetro stock opened at $10.18 on Tuesday. 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 has a market cap of $1.25 billion, a price-to-earnings ratio of -92.55 and a beta of 0.77. ProPetro has a 1 year low of $4.73 and a 1 year high of $18.50. The firm has a 50 day moving average price of $11.51 and a 200 day moving average price of $13.69.

ProPetro (NYSE:PUMP) last announced its earnings results on Wednesday, July 29th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.06). The firm had revenue of $305.81 million during the quarter, compared to analyst estimates 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 firm posted ($0.07) EPS.

Institutional Investors Weigh In On ProPetro

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio acquired a new stake in ProPetro in the second quarter worth approximately $74,000. State of Wyoming acquired a new stake in shares of ProPetro in the first quarter valued at $83,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of ProPetro in the fourth quarter valued at $111,000. Sequoia Financial Advisors LLC bought a new position in ProPetro during the first quarter valued at about $177,000. Finally, Alpine Global Management LLC bought a new stake in ProPetro in the fourth quarter worth about $118,000. Institutional investors own 84.70% of the company’s stock.

Insider Activity at ProPetro

In related news, Director G Lawrence sold 35,831 shares of the company’s stock in a transaction on 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 in the company, valued at $314,499.96. This represents a 55.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Adam Muñoz sold 70,696 shares of the stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $11.17, for a total transaction of $789,674.32. Following the completion of the sale, the chief operating officer directly owned 148,691 shares in the company, valued at approximately $1,660,878.47. This trade represents a 32.22% decrease in their position. The SEC filing for this sale provides additional information. 1.55% of the stock is currently owned by corporate insiders.

ProPetro Company Profile

ProPetro Holding Corp. is an oilfield services company that provides completion and production services to exploration and production companies developing unconventional oil and natural gas wells. The company primarily serves customers in the Permian Basin, including the Midland and Delaware basins of West Texas and southeastern New Mexico.

Its principal services include hydraulic fracturing, which uses high-pressure fluid to stimulate wells, as well as wireline services used for well evaluation, perforating and other completion activities.