Patterson Uti Energy Stock Buy Hold or Sell Recommendation
| PTEN Stock | USD 8.11 0.16 1.93% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Patterson UTI Energy is 'Sell'. The recommendation algorithm takes into account all of Patterson UTI's available fundamental, technical, and predictive indicators you will find on this site.
Check out Patterson UTI Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Patterson and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Patterson UTI Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Patterson |
Execute Patterson UTI Buy or Sell Advice
The Patterson recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Patterson UTI Energy. Macroaxis does not own or have any residual interests in Patterson UTI Energy or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Patterson UTI's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Patterson UTI Trading Alerts and Improvement Suggestions
| Patterson UTI Energy generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 5.38 B. Net Loss for the year was (966.4 M) with profit before overhead, payroll, taxes, and interest of 1.46 B. | |
| Over 97.0% of the company shares are owned by institutional investors | |
| Latest headline from simplywall.st: Dont Ignore The Insider Selling In Patterson-UTI Energy |
Patterson UTI Returns Distribution Density
The distribution of Patterson UTI's historical returns is an attempt to chart the uncertainty of Patterson UTI's future price movements. The chart of the probability distribution of Patterson UTI daily returns describes the distribution of returns around its average expected value. We use Patterson UTI Energy price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Patterson UTI returns is essential to provide solid investment advice for Patterson UTI.
| Mean Return | 0.09 | Value At Risk | -4 | Potential Upside | 4.18 | Standard Deviation | 2.61 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Patterson UTI historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Patterson Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Patterson UTI, soars without any apparent reason. This usually happens because many institutional investors are aggressively trading Patterson UTI Energy back and forth among themselves. Companies that invest excess capital in these types of assets may also be included in this term and can influence corporate governance by exercising voting rights in their investments.
| Shares | Holocene Advisors, Lp | 2024-12-31 | 7 M | Norges Bank | 2024-12-31 | 6.4 M | Amvescap Plc. | 2024-12-31 | 6.2 M | Balyasny Asset Management Llc | 2024-12-31 | 6.2 M | Charles Schwab Investment Management Inc | 2024-12-31 | 5.8 M | Deprince Race & Zollo Inc | 2024-12-31 | 5.8 M | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 5.6 M | Jpmorgan Chase & Co | 2024-09-30 | 5.4 M | Allspring Global Investments Holdings, Llc | 2024-12-31 | 5.3 M | Blackrock Inc | 2024-12-31 | 63.7 M | Vanguard Group Inc | 2024-12-31 | 45.1 M |
Patterson UTI Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 50.7M | (107.4M) | 20.0M | 55.1M | 48.6M | 51.0M | |
| Free Cash Flow | 133.4M | (70.8M) | 129.4M | 390.2M | 497.2M | 522.0M | |
| Depreciation | 670.9M | 849.2M | 483.9M | 731.4M | 1.2B | 1.2B | |
| Other Non Cash Items | 426.3M | (2.4M) | (13.6M) | (3.2M) | 925.5M | 971.7M | |
| Capital Expenditures | 145.5M | 166.3M | 436.8M | 615.7M | 678.4M | 408.3M | |
| Net Income | (803.7M) | (654.5M) | 154.7M | 246.3M | (966.4M) | (918.1M) | |
| End Period Cash Flow | 224.9M | 117.5M | 137.6M | 192.7M | 241.3M | 253.4M | |
| Change To Inventory | 27.2M | (5.9M) | (14.2M) | (30.8M) | (11.5M) | (10.9M) | |
| Dividends Paid | 18.9M | 15.6M | 43.1M | (100.0M) | (126.8M) | (120.5M) | |
| Net Borrowings | (176.5M) | (584K) | (50M) | (20.2M) | (18.2M) | (17.3M) | |
| Change To Netincome | 184.4M | 305.8M | (44.7M) | 13.7M | 12.3M | 11.7M | |
| Investments | (424K) | (522K) | (2.5M) | (927.2M) | (654.7M) | (622.0M) |
Patterson UTI Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Patterson UTI or Energy Equipment & Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Patterson UTI's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Patterson stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | 1.01 | |
σ | Overall volatility | 2.66 | |
Ir | Information ratio | 0.03 |
Patterson UTI Volatility Alert
Patterson UTI Energy currently demonstrates below-average downside deviation. It has Information Ratio of 0.03 and Jensen Alpha of 0.09. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Patterson UTI's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Patterson UTI's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Patterson UTI Fundamentals Vs Peers
Comparing Patterson UTI's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Patterson UTI's direct or indirect competition across all of the common fundamentals between Patterson UTI and the related equities. This way, we can detect undervalued stocks with similar characteristics as Patterson UTI or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Patterson UTI's fundamental indicators could also be used in its relative valuation, which is a method of valuing Patterson UTI by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Patterson UTI to competition |
| Fundamentals | Patterson UTI | Peer Average |
| Return On Equity | -0.23 | -0.31 |
| Return On Asset | 0.0134 | -0.14 |
| Profit Margin | (0.18) % | (1.27) % |
| Operating Margin | (0.02) % | (5.51) % |
| Current Valuation | 4.28 B | 16.62 B |
| Shares Outstanding | 386.39 M | 571.82 M |
| Shares Owned By Insiders | 2.71 % | 10.09 % |
| Shares Owned By Institutions | 97.29 % | 39.21 % |
| Number Of Shares Shorted | 23.68 M | 4.71 M |
| Price To Earning | 37.63 X | 28.72 X |
| Price To Book | 0.93 X | 9.51 X |
| Price To Sales | 0.59 X | 11.42 X |
| Revenue | 5.38 B | 9.43 B |
| Gross Profit | 1.46 B | 27.38 B |
| EBITDA | 286.89 M | 3.9 B |
| Net Income | (966.4 M) | 570.98 M |
| Cash And Equivalents | 42.73 M | 2.7 B |
| Cash Per Share | 0.20 X | 5.01 X |
| Total Debt | 79.44 M | 5.32 B |
| Debt To Equity | 0.54 % | 48.70 % |
| Current Ratio | 1.55 X | 2.16 X |
| Book Value Per Share | 8.95 X | 1.93 K |
| Cash Flow From Operations | 1.18 B | 971.22 M |
| Short Ratio | 2.88 X | 4.00 X |
| Earnings Per Share | (2.44) X | 3.12 X |
| Price To Earnings To Growth | 0.78 X | 4.89 X |
| Target Price | 10.77 | |
| Number Of Employees | 9.2 K | 18.84 K |
| Beta | 2.08 | -0.15 |
| Market Capitalization | 3.2 B | 19.03 B |
| Total Asset | 5.83 B | 29.47 B |
| Retained Earnings | (1.04 B) | 9.33 B |
| Working Capital | 453.32 M | 1.48 B |
Note: Acquisition by Robertson Julie J of 21186 shares of Patterson UTI subject to Rule 16b-3 [view details]
Patterson UTI Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Patterson . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 551726.0 | |||
| Daily Balance Of Power | (0.32) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 8.14 | |||
| Day Typical Price | 8.13 | |||
| Price Action Indicator | (0.11) | |||
| Period Momentum Indicator | (0.16) | |||
| Relative Strength Index | 60.59 |
About Patterson UTI Buy or Sell Advice
When is the right time to buy or sell Patterson UTI Energy? Buying financial instruments such as Patterson Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Patterson UTI in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Patterson UTI Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Energy Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Patterson UTI. If investors know Patterson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Patterson UTI listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.93) | Dividend Share 0.32 | Earnings Share (2.44) | Revenue Per Share | Quarterly Revenue Growth (0.27) |
The market value of Patterson UTI Energy is measured differently than its book value, which is the value of Patterson that is recorded on the company's balance sheet. Investors also form their own opinion of Patterson UTI's value that differs from its market value or its book value, called intrinsic value, which is Patterson UTI's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Patterson UTI's market value can be influenced by many factors that don't directly affect Patterson UTI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Patterson UTI's value and its price as these two are different measures arrived at by different means. Investors typically determine if Patterson UTI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patterson UTI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.