The stock price of Patterson-UTI Energy Inc (NASDAQ: PTEN) has plunged by -2.27 when compared to previous closing price of 8.38, but the company has seen a -2.27% decline in its stock price over the last five trading sessions. zacks.com reported 2025-03-26 that Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Is It Worth Investing in Patterson-UTI Energy Inc (NASDAQ: PTEN) Right Now?
The stock has a 36-month beta value of 1.62. Opinions on the stock are mixed, with 7 analysts rating it as a “buy,” 6 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for PTEN is 348.17M, and at present, short sellers hold a 7.24% of that float. On March 31, 2025, the average trading volume of PTEN was 10.62M shares.
PTEN’s Market Performance
PTEN stock saw an increase of -2.27% in the past week, with a monthly gain of 0.99% and a quarterly increase of 6.64%. The volatility ratio for the week is 2.81%, and the volatility levels for the last 30 days are 5.02% for Patterson-UTI Energy Inc (PTEN). The simple moving average for the last 20 days is 3.29% for PTEN stock, with a simple moving average of -5.33% for the last 200 days.
Analysts’ Opinion of PTEN
Goldman, on the other hand, stated in their research note that they expect to see PTEN reach a price target of $10, previously predicting the price at $11. The rating they have provided for PTEN stocks is “Buy” according to the report published on December 13th, 2024.
PTEN Trading at -1.79% from the 50-Day Moving Average
After a stumble in the market that brought PTEN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.26% of loss for the given period.
Volatility was left at 5.02%, however, over the last 30 days, the volatility rate increased by 2.81%, as shares sank -1.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.22% lower at present.
During the last 5 trading sessions, PTEN fell by -2.27%, which changed the moving average for the period of 200-days by -21.40% in comparison to the 20-day moving average, which settled at $7.93. In addition, Patterson-UTI Energy Inc saw -0.85% 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 PTEN starting from Hendricks William Andrew JR, who purchase 25,000 shares at the price of $7.88 back on Mar 12 ’25. After this action, Hendricks William Andrew JR now owns 2,482,592 shares of Patterson-UTI Energy Inc, valued at $197,000 using the latest closing price.
STEWART JAMES CARL, the Director of Patterson-UTI Energy Inc, sale 192,000 shares at $7.41 during a trade that took place back on Mar 07 ’25, which means that STEWART JAMES CARL is holding 1,005,254 shares at $1,422,720 based on the most recent closing price.
Stock Fundamentals for PTEN
Current profitability levels for the company are sitting at:
- -0.17 for the present operating margin
- 0.05 for the gross margin
The net margin for Patterson-UTI Energy Inc stands at -0.18. The total capital return value is set at -0.18. Equity return is now at value -23.39, with -14.14 for asset returns.
Based on Patterson-UTI Energy Inc (PTEN), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at 0.9. The debt to equity ratio resting at 0.37. The interest coverage ratio of the stock is -12.35.
Currently, EBITDA for the company is 286.89 million with net debt to EBITDA at 3.48. When we switch over and look at the enterprise to sales, we see a ratio of 0.79. The receivables turnover for the company is 7.04for trailing twelve months and the total asset turnover is 0.92. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.54.
Conclusion
To sum up, Patterson-UTI Energy Inc (PTEN) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.
