ProPetro Holding Corp. (PUMP)
NYSE: PUMP · IEX Real-Time Price · USD
8.36
-0.42 (-4.78%)
Jul 19, 2024, 4:00 PM EDT - Market closed
ProPetro Holding Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for ProPetro Holding stock have an average target of 11.75, with a low estimate of 11 and a high estimate of 13. The average target predicts an increase of 40.55% from the current stock price of 8.36.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PUMP stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $13 → $12 | Strong Buy | Maintains | $13 → $12 | +43.54% | Jul 16, 2024 |
| Barclays | Barclays | Buy Maintains $12 → $13 | Buy | Maintains | $12 → $13 | +55.50% | May 6, 2024 |
| Benchmark | Benchmark | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 2, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $13 → $11 | Buy | Maintains | $13 → $11 | +31.58% | Mar 11, 2024 |
| Benchmark | Benchmark | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jan 16, 2024 |
Financial Forecast
Revenue This Year
1.60B
from 1.63B
Decreased by -2.17%
Revenue Next Year
1.73B
from 1.60B
Increased by 8.21%
EPS This Year
0.59
from 0.76
Decreased by -22.86%
EPS Next Year
0.80
from 0.59
Increased by 37.28%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.7B | 1.9B | 1.9B |
| Avg | 1.6B | 1.7B | 1.9B |
| Low | 1.5B | 1.5B | 1.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.6% | 18.6% | 11.0% |
| Avg | -2.2% | 8.2% | 7.8% |
| Low | -8.7% | -3.9% | 3.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.90 | 1.16 | 1.05 |
| Avg | 0.59 | 0.80 | 1.02 |
| Low | 0.44 | 0.38 | 0.98 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 18.8% | 97.0% | 30.5% |
| Avg | -22.9% | 37.3% | 26.7% |
| Low | -42.0% | -34.8% | 21.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.