After Hours
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. The stock was recently discussed on Yahoo Finance as it revealed that ProPetro Announces Fourth Quarter 2023 Earnings Call.
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Stocks Info
The company is listed on the NYSE and operates within the Oil & Gas Equipment & Services industry segment. The current market capitalization of ProPetro Holding Corp is $856.56M. A total of 1.15 million shares were traded on the day, compared to an average of 1.61M shares.
Insider Activity
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, PUMP has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 14,426 shares. Over the last 12 months, there were 33 BUYs and 34 SELLs from insiders. Insiders purchased 623,798 shares during that period but sold 378,226.
In the most recent transaction, Vion Michele sold 14,426 shares of PUMP for 10.48 per share on Nov 03. After the transaction, the Director now owns 25,668 company shares. In a previous transaction on Sep 18, GOBE PHILLIP A sold 20,000 shares at 11.00 per share. PUMP shares that Director owns now total 168,629.
Among the insiders who sold shares, GOBE PHILLIP A disposed of 15,000 shares on Sep 12 at a per-share price of $10.50. This resulted in the Director holding 188,629 shares of PUMP after the transaction. In another insider transaction, GOBE PHILLIP A sold 20,000 shares at $10.01 per share on Sep 01. Company shares held by the Director now total 203,629.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. 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 $16.00 and low estimates of $9.50. In terms of 52-week highs and lows, PUMP has a high of $11.37 and a low of $6.33.
As of this writing, PUMP has an earnings estimate of $0.11 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $0.17 per share and a lower estimate of $0.02. The company reported an EPS of $0.34 in the last quarter, which was -17.10% lower than expectations of $0.41.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. PUMP’s latest balance sheet shows that the firm has $111.92M in Cash & Short Term Investments as of fiscal 2021. There were $466.00k in debt and $173.78M in liabilities at the time. Its Book Value Per Share was $9.25, while its Total Shareholder’s Equity was $826.30M.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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 3.86.
