ProPetro Holding Corp (NYSE: PUMP)’s stock price has increased by 0.20 compared to its previous closing price of 7.54. However, the company has seen a -0.85% decrease in its stock price over the last five trading sessions. zacks.com reported 2024-10-30 that ProPetro Holding (PUMP) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.31 per share a year ago.
Is It Worth Investing in ProPetro Holding Corp (NYSE: PUMP) Right Now?
ProPetro Holding Corp (NYSE: PUMP) has a higher price-to-earnings ratio of 25.06x compared to its average ratio. PUMP has 36-month beta value of 2.04. Analysts have mixed views on the stock, with 9 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for PUMP is 79.98M, and currently, short sellers hold a 12.27% ratio of that float. The average trading volume of PUMP on October 30, 2024 was 1.19M shares.
PUMP’s Market Performance
PUMP stock saw a decrease of -0.85% in the past week, with a monthly decline of -5.09% and a quarterly a decrease of -17.97%. The volatility ratio for the week is 2.52%, and the volatility levels for the last 30 days are 3.21% for ProPetro Holding Corp (PUMP). The simple moving average for the last 20 days is -5.25% for PUMP stock, with a simple moving average of -8.72% for the last 200 days.
PUMP Trading at -3.84% 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 -33.55% of loss for the given period.
Volatility was left at 3.21%, however, over the last 30 days, the volatility rate increased by 2.52%, as shares sank -5.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.37% lower at present.
During the last 5 trading sessions, PUMP fell by -0.59%, which changed the moving average for the period of 200-days by -0.59% in comparison to the 20-day moving average, which settled at $7.97. In addition, ProPetro Holding Corp saw -9.84% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PUMP starting from Vion Michele, who sale 5,000 shares at the price of $8.26 back on Aug 26 ’24. After this action, Vion Michele now owns 34,006 shares of ProPetro Holding Corp, valued at $41,300 using the latest closing price.
Vion Michele, the Director of ProPetro Holding Corp, proposed sale 5,000 shares at $8.26 during a trade that took place back on Aug 26 ’24, which means that Vion Michele is holding shares at $41,275 based on the most recent closing price.
Stock Fundamentals for PUMP
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.13 for the gross margin
The net margin for ProPetro Holding Corp stands at 0.02. The total capital return value is set at 0.07. Equity return is now at value 3.42, with 2.30 for asset returns.
Based on ProPetro Holding Corp (PUMP), the company’s capital structure generated 0.09 points at debt to capital in total, while cash flow to debt ratio is standing at 3.91. The debt to equity ratio resting at 0.1. The interest coverage ratio of the stock is 10.84.
Currently, EBITDA for the company is 384.24 million with net debt to EBITDA at 0.42. When we switch over and look at the enterprise to sales, we see a ratio of 0.58. The receivables turnover for the company is 6.95for trailing twelve months and the total asset turnover is 1.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.11.
Conclusion
To put it simply, ProPetro Holding Corp (PUMP) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as 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.
