ProPetro Holding Corp (NYSE: PUMP) is -25.72% lower on its value in year-to-date trading and has touched a low of $6.53 and a high of $11.17 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PUMP stock was last observed hovering at around $6.88 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $6.93, the stock is -14.88% and -23.89% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.2 million and changing 0.73% at the moment leaves the stock -18.47% off its SMA200. PUMP registered -5.59% loss for a year compared to 6-month gain of -3.48%.
The stock witnessed a -22.22% loss in the last 1 month and extending the period to 3 months gives it a -12.39%, and is -6.48% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.52% over the week and 4.88% over the month.
ProPetro Holding Corp (PUMP) has around 1900 employees, a market worth around $714.96M and $1.44B in sales. Fwd P/E is 15.52. Profit margin for the company is -9.55%. Distance from 52-week low is 6.04% and -37.96% from its 52-week high. The company has generated returns on investments over the last 12 months (-14.77%).
with sales reaching $341.47M over the same period.The EPS is expected to grow by 121.07% this year, but quarterly earnings will post -2.03% year-over-year. Quarterly sales are estimated to shrink -15.86% in year-over-year returns.
The shares outstanding are 102.99M, and float is at 78.54M with Short Float at 14.65%.
The top institutional shareholder in the company is BLACKROCK INC. with over 17.84 million shares valued at $154.71 million. The investor’s holdings represent 16.4398 of the PUMP Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 11.22 million shares valued at $97.26 million to account for 10.335 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 7.1 million shares representing 6.537 and valued at over $61.51 million, while STATE STREET CORP holds 3.5846 of the shares totaling 3.89 million with a market value of $33.73 million.
ProPetro Holding Corp (PUMP) Insider Activity
The most recent transaction is an insider sale by Lawrence G Larry, the company’s Director. SEC filings show that Lawrence G Larry sold 10,137 shares of the company’s common stock on Mar 07 ’25 at a price of $7.39 per share for a total of $74912.0. Following the sale, the insider now owns 44892.0 shares.
Still, SEC filings show that on Nov 04 ’24, SCHORLEMER DAVID SCOTT (Chief Financial Officer) acquired 4,500 shares at an average price of $6.86 for $30870.0. The insider now directly holds 112,992 shares of ProPetro Holding Corp (PUMP).
