The stock of Patterson-UTI Energy Inc (PTEN) has gone down by -30.89% for the week, with a -20.84% drop in the past month and a -33.65% drop in the past quarter. The volatility ratio for the week is 9.61%, and the volatility levels for the past 30 days are 5.56% for PTEN. The simple moving average for the past 20 days is -28.97% for PTEN’s stock, with a -34.08% simple moving average for the past 200 days.
Is It Worth Investing in Patterson-UTI Energy Inc (NASDAQ: PTEN) Right Now?
The 36-month beta value for PTEN is also noteworthy at 1.34. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 6 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
The public float for PTEN is 348.17M, and at present, short sellers hold a 7.24% of that float. The average trading volume of PTEN on April 07, 2025 was 10.68M shares.
PTEN) stock’s latest price update
Patterson-UTI Energy Inc (NASDAQ: PTEN) has experienced a decline in its stock price by -18.33 compared to its previous closing price of 6.93. However, the company has seen a fall of -30.89% in its stock price over the last five trading days. accessnewswire.com reported 2025-04-03 that HOUSTON, TEXAS / ACCESS Newswire / April 3, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of March 2025, the Company had an average of 106 drilling rigs operating in the United States.
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 -30.74% 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 -55.26% of loss for the given period.
Volatility was left at 5.56%, however, over the last 30 days, the volatility rate increased by 9.61%, as shares sank -24.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -37.25% lower at present.
During the last 5 trading sessions, PTEN fell by -30.89%, which changed the moving average for the period of 200-days by -42.89% in comparison to the 20-day moving average, which settled at $7.97. In addition, Patterson-UTI Energy Inc saw -31.48% 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 0.6. 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
In summary, Patterson-UTI Energy Inc (PTEN) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
