Is ProPetro Holding Stock a Good Investment?
ProPetro Holding Investment Advice | PUMP |
- Examine ProPetro Holding's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research ProPetro Holding's leadership team and their track record. Good management can help ProPetro Holding navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil & Gas Equipment & Services space and any emerging trends that could impact ProPetro Holding's business and its evolving consumer preferences.
- Compare ProPetro Holding's performance and market position to its competitors. Analyze how ProPetro Holding is positioned in terms of product offerings, innovation, and market share.
- Check if ProPetro Holding pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about ProPetro Holding's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in ProPetro Holding Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if ProPetro Holding Corp is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Insignificant | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine ProPetro Holding Stock
Researching ProPetro Holding's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 23.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.05. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. ProPetro Holding Corp recorded a loss per share of 1.28. The entity had not issued any dividends in recent years.
To determine if ProPetro Holding is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding ProPetro Holding's research are outlined below:
| ProPetro Holding had very high historical volatility over the last 90 days | |
| ProPetro Holding has a strong financial position based on the latest SEC filings | |
| Over 87.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Disposition of 41076 shares by Shelby Fietz of ProPetro Holding at 8.41 subject to Rule 16b-3 |
ProPetro Holding Quarterly Accounts Payable |
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ProPetro Holding uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in ProPetro Holding Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to ProPetro Holding's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 21st of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact ProPetro Holding's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises ProPetro Holding's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2021-08-03 | 2021-06-30 | -0.06 | -0.08 | -0.02 | 33 | ||
2021-11-02 | 2021-09-30 | -0.02 | -0.05 | -0.03 | 150 | ||
2017-08-08 | 2017-06-30 | 0.03 | 0.06 | 0.03 | 100 | ||
2020-11-02 | 2020-09-30 | -0.25 | -0.29 | -0.04 | 16 | ||
2022-05-03 | 2022-03-31 | 0.06 | 0.11 | 0.05 | 83 | ||
2021-05-04 | 2021-03-31 | -0.15 | -0.2 | -0.05 | 33 | ||
2018-05-08 | 2018-03-31 | 0.38 | 0.43 | 0.05 | 13 | ||
2020-08-04 | 2020-06-30 | -0.2 | -0.26 | -0.06 | 30 |
Know ProPetro Holding's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as ProPetro Holding is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ProPetro Holding Corp backward and forwards among themselves. ProPetro Holding's institutional investor refers to the entity that pools money to purchase ProPetro Holding's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Fisher Asset Management, Llc | 2024-09-30 | 1.5 M | Charles Schwab Investment Management Inc | 2024-09-30 | 1.3 M | Northern Trust Corp | 2024-09-30 | 1.2 M | Van Eck Associates Corporation | 2024-06-30 | 1.1 M | Hotchkis & Wiley Capital Management Llc | 2024-09-30 | 1.1 M | Bridgeway Capital Management, Llc | 2024-09-30 | 1 M | Citadel Advisors Llc | 2024-09-30 | 932.2 K | Aqr Capital Management Llc | 2024-06-30 | 833.8 K | Bank Of New York Mellon Corp | 2024-06-30 | 780.5 K | Blackrock Inc | 2024-06-30 | 17.8 M | Vanguard Group Inc | 2024-09-30 | 10.9 M |
ProPetro Holding's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 872.85 M.Market Cap |
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ProPetro Holding's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.06 | 0.06 | |
| Return On Capital Employed | 0.11 | 0.11 | |
| Return On Assets | 0.06 | 0.06 | |
| Return On Equity | 0.09 | 0.09 |
Determining ProPetro Holding's profitability involves analyzing its financial statements and using various financial metrics to determine if ProPetro Holding is a good buy. For example, gross profit margin measures ProPetro Holding's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of ProPetro Holding's profitability and make more informed investment decisions.
Evaluate ProPetro Holding's management efficiency
ProPetro Holding Corp has return on total asset (ROA) of 0.026 % which means that it generated a profit of $0.026 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1483) %, meaning that it created substantial loss on money invested by shareholders. ProPetro Holding's management efficiency ratios could be used to measure how well ProPetro Holding manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/28/2024, Return On Tangible Assets is likely to grow to 0.06. Also, Return On Capital Employed is likely to grow to 0.11. At this time, ProPetro Holding's Non Current Liabilities Other is relatively stable compared to the past year. As of 11/28/2024, Change To Liabilities is likely to grow to about 25.9 M, while Total Current Liabilities is likely to drop slightly above 236.3 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 8.84 | 5.58 | |
| Tangible Book Value Per Share | 8.18 | 5.40 | |
| Enterprise Value Over EBITDA | 3.52 | 3.34 | |
| Price Book Value Ratio | 0.95 | 0.90 | |
| Enterprise Value Multiple | 3.52 | 3.34 | |
| Price Fair Value | 0.95 | 0.90 | |
| Enterprise Value | 956 M | 849.8 M |
ProPetro Holding Corp has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Beta 2.052 |
Basic technical analysis of ProPetro Stock
As of the 28th of November, ProPetro Holding holds the Semi Deviation of 2.93, risk adjusted performance of 0.033, and Coefficient Of Variation of 3042.9. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of ProPetro Holding, as well as the relationship between them.ProPetro Holding's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific ProPetro Holding insiders, such as employees or executives, is commonly permitted as long as it does not rely on ProPetro Holding's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases ProPetro Holding insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
ProPetro Holding's Outstanding Corporate Bonds
ProPetro Holding issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ProPetro Holding Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ProPetro bonds can be classified according to their maturity, which is the date when ProPetro Holding Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Understand ProPetro Holding's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing ProPetro Holding's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.033 | |||
| Market Risk Adjusted Performance | 0.0584 | |||
| Mean Deviation | 2.5 | |||
| Semi Deviation | 2.93 | |||
| Downside Deviation | 3.0 | |||
| Coefficient Of Variation | 3042.9 | |||
| Standard Deviation | 3.52 | |||
| Variance | 12.41 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0484 | |||
| Maximum Drawdown | 21.85 | |||
| Value At Risk | (4.78) | |||
| Potential Upside | 5.25 | |||
| Downside Variance | 8.98 | |||
| Semi Variance | 8.59 | |||
| Expected Short fall | (2.70) | |||
| Skewness | 1.42 | |||
| Kurtosis | 5.68 |
| Risk Adjusted Performance | 0.033 | |||
| Market Risk Adjusted Performance | 0.0584 | |||
| Mean Deviation | 2.5 | |||
| Semi Deviation | 2.93 | |||
| Downside Deviation | 3.0 | |||
| Coefficient Of Variation | 3042.9 | |||
| Standard Deviation | 3.52 | |||
| Variance | 12.41 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0484 | |||
| Maximum Drawdown | 21.85 | |||
| Value At Risk | (4.78) | |||
| Potential Upside | 5.25 | |||
| Downside Variance | 8.98 | |||
| Semi Variance | 8.59 | |||
| Expected Short fall | (2.70) | |||
| Skewness | 1.42 | |||
| Kurtosis | 5.68 |
Consider ProPetro Holding's intraday indicators
ProPetro Holding intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ProPetro Holding stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
ProPetro Holding Corporate Filings
F4 | 27th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 31st of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 30th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 7th of June 2024 An amended filing to the original Schedule 13G | ViewVerify |
ProPetro Stock media impact
Far too much social signal, news, headlines, and media speculation about ProPetro Holding that are available to investors today. That information is available publicly through ProPetro media outlets and privately through word of mouth or via ProPetro internal channels. However, regardless of the origin, that massive amount of ProPetro data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of ProPetro Holding news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of ProPetro Holding relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to ProPetro Holding's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive ProPetro Holding alpha.
ProPetro Holding Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards ProPetro Holding can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
ProPetro Holding Corporate Directors
| Anthony Best | Lead Independent Director | Profile | |
| Mark Berg | Director | Profile | |
| Alan Douglas | Independent Director | Profile | |
| Jack Moore | Independent Director | Profile |
Additional Tools for ProPetro Stock Analysis
When running ProPetro Holding's price analysis, check to measure ProPetro Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ProPetro Holding is operating at the current time. Most of ProPetro Holding's value examination focuses on studying past and present price action to predict the probability of ProPetro Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProPetro Holding's price. Additionally, you may evaluate how the addition of ProPetro Holding to your portfolios can decrease your overall portfolio volatility.