ProPetro Holding Corp (PUMP) Stock: Analyzing the Market Value

ProPetro Holding Corp (NYSE: PUMP) has a higher price-to-earnings ratio of 11.32x compared to its average ratio, The 36-month beta value for PUMP is at 2.15. Analysts have varying views on the stock, with 9 analysts rating it as a “buy,” 3 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”

The public float for PUMP is 80.50M, and currently, shorts hold a 5.80% of that float. The average trading volume for PUMP on April 03, 2024 was 1.50M shares.

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PUMP) stock’s latest price update

The stock of ProPetro Holding Corp (NYSE: PUMP) has increased by 5.71 when compared to last closing price of 7.97.Despite this, the company has seen a gain of 9.84% in its stock price over the last five trading days. Zacks Investment Research reported 2024-03-22 that ProPetro (PUMP) reported earnings 30 days ago. What’s next for the stock?

PUMP’s Market Performance

PUMP’s stock has risen by 9.84% in the past week, with a monthly rise of 18.83% and a quarterly rise of 2.49%. The volatility ratio for the week is 3.34% while the volatility levels for the last 30 days are 3.69% for ProPetro Holding Corp The simple moving average for the last 20 days is 10.64% for PUMP’s stock, with a simple moving average of -6.29% for the last 200 days.

PUMP Trading at 8.32% from the 50-Day Moving Average

After a stumble in the market that brought PUMP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.90% of loss for the given period.

Volatility was left at 3.69%, however, over the last 30 days, the volatility rate increased by 3.34%, as shares surge +17.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.37% upper at present.

During the last 5 trading sessions, PUMP rose by +8.21%, which changed the moving average for the period of 200-days by +3.62% in comparison to the 20-day moving average, which settled at $7.68. In addition, ProPetro Holding Corp saw 0.54% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at PUMP starting from Vion Michele, who sale 14,426 shares at the price of $10.48 back on Nov 03 ’23. After this action, Vion Michele now owns 25,668 shares of ProPetro Holding Corp, valued at $151,184 using the latest closing price.

GOBE PHILLIP A, the Director of ProPetro Holding Corp, sale 20,000 shares at $11.00 during a trade that took place back on Sep 18 ’23, which means that GOBE PHILLIP A is holding 168,629 shares at $220,000 based on the most recent closing price.

Stock Fundamentals for PUMP

Current profitability levels for the company are sitting at:

  • 0.09 for the present operating margin
  • 0.17 for the gross margin

The net margin for ProPetro Holding Corp stands at 0.05. The total capital return value is set at 0.13. Equity return is now at value 8.77, with 6.08 for asset returns.

Based on ProPetro Holding Corp (PUMP), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at 4.74. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is 28.94.

Currently, EBITDA for the company is 384.24 million with net debt to EBITDA at 0.35. When we switch over and look at the enterprise to sales, we see a ratio of 0.63. The receivables turnover for the company is 6.88for trailing twelve months and the total asset turnover is 1.1. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.15.

Conclusion

In conclusion, ProPetro Holding Corp (PUMP) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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