ProPetro Holding Corp (NYSE:PUMP) price on Thursday, May 01, rose 7.63% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $5.36.
A look at the stock’s price movement, the close in the last trading session was $4.98, moving within a range at $4.91 and $5.44. The beta value (5-Year monthly) was 1.587. Turning to its 52-week performance, $11.17 and $4.61 were the 52-week high and 52-week low respectively. Overall, PUMP moved -28.91% over the past month.
ProPetro Holding Corp’s market cap currently stands at around $556.29 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Apr-28.
Analysts have a consensus estimate of 328.5M for the company’s revenue for the quarter, with a low and high estimate of 328M and 329M respectively. The average forecast suggests down to a -7.99% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.32B, representing a -8.84% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that PUMP is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
6 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 3 recommend PUMP as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
PUMP’s current price about 2.10% and -19.46% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 44.13, while 7-day volatility ratio is 9.20% and 9.51% in the 30-day chart. Further, ProPetro Holding Corp (PUMP) has a beta value of 1.20, and an average true range (ATR) of 0.48. Analysts have given the company’s stock an average 52-week price target of $11, forecast between a low of $11 and high of $11. Looking at the price targets, the low is -105.22% off current price level while to achieve the yearly target high, price needs to move -105.22%. Nonetheless, investors will most likely welcome a -105.22% jump to $11 which is the analysts’ median price.
If we refocus on ProPetro Holding Corp (NYSE:PUMP), historical trading data shows that trading volumes averaged 2.29 over the past 10 days and 1.84 million over the past 3 months. The company’s latest data on shares outstanding shows there are 103.78 million shares.
The 23.93% of ProPetro Holding Corp’s shares are in the hands of company insiders while institutional holders own 82.28% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 9.73 million on 2025-04-15, giving us a short ratio of 5.46. The data shows that as of 2025-04-15 short interest in ProPetro Holding Corp (PUMP) stood at 1669.0001 of shares outstanding, with shares short rising to 9.19 million registered in 2025-03-14. Current price change has pushed the stock -42.55% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the PUMP stock continues to rise going into the next quarter.
