Is ProPetro Holding Corp (NYSE: PUMP) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed that ProPetro Announces Fourth Quarter 2023 Earnings Call.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

ProPetro Holding Corp is listed on the NYSE in the Energy sector while operating in the Oil & Gas Equipment & Services industry. At the end of the last regular session, the stock closed at $8.21 and fluctuated between $8.37 as its day high and $8.12 as its day low. The current market capitalization of ProPetro Holding Corp is $905.07M. A total of 2.01 million shares were traded on the day, compared to an average of 1.44M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, PUMP has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 16 BUYs and 17 SELLs from insiders. Insiders purchased 132,507 shares during that period but sold 201,990.

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.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable 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 $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 $0.09 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $0.16 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

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future 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

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. 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.

Most Popular

Related Posts