Momentum Is Strong For ProPetro Holding Corp. (NYSE: PUMP)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for ProPetro Holding Corp. (PUMP) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $7.70. The ProPetro Holding Corp. has recorded 25,161 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed ProPetro Announces $100 Million Share Repurchase Program.

Stocks Info

This NYSE-listed company operates within the Oil & Gas Equipment & Services industry segment, falling under the Energy sector. At the end of the last regular session, the stock closed at $7.70 and fluctuated between $7.80 as its day high and $7.54 as its day low. The current market capitalization of ProPetro Holding Corp. is $881.26M. A total of 0.84 million shares were traded on the day, compared to an average of 1.62M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, PUMP has seen 4 BUY and 2 SELL insider trades, representing the acquisition of 25,278 and the disposition of 8,374 shares. Over the last 12 months, there were 31 BUYs and 33 SELLs from insiders. Insiders purchased 759,090 shares during that period but sold 498,243.

In the most recent transaction, SCHORLEMER DAVID SCOTT bought 1,500 shares of PUMP for 8.96 per share on Mar 01. After the transaction, the Chief Financial Officer now owns 65,778 company shares. In a previous transaction on Feb 24, SCHORLEMER DAVID SCOTT bought 2,500 shares at 8.44 per share. PUMP shares that Chief Financial Officer owns now total 64,278.

Among the insiders who sold shares, GOBE PHILLIP A disposed of 65,860 shares on Nov 15 at a per-share price of $11.36. This resulted in the Director holding 116,251 shares of PUMP after the transaction. In another insider transaction, GOBE PHILLIP A sold 22,000 shares at $10.00 per share on Oct 06. Company shares held by the Director now total 182,111.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for PUMP in the last 3 months, the mean price target is $12.25 with high estimates of $17.00 and low estimates of $9.00. In terms of 52-week highs and lows, PUMP has a high of $14.34 and a low of $6.33.

As of this writing, PUMP has an earnings estimate of $0.45 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.67 per share and a lower estimate of $0.36. The company reported an EPS of $0.12 in the last quarter, which was -63.60% lower than expectations of $0.33.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PUMP is Buy with a score of 3.80.