Equities analysts predict that Propetro Holding Corp (NYSE:PUMP) will post sales of $518.54 million for the current fiscal quarter, Zacks Investment Research reports. Twenty One analysts have issued estimates for Propetro’s earnings. The highest sales estimate is $556.90 million and the lowest is $477.45 million. Propetro posted sales of $385.22 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 34.6%. The firm is expected to issue its next earnings report on Tuesday, May 14th.
According to Zacks, analysts expect that Propetro will report full-year sales of $2.12 billion for the current financial year, with estimates ranging from $1.70 billion to $2.30 billion. For the next year, analysts forecast that the firm will report sales of $2.25 billion, with estimates ranging from $1.56 billion to $2.70 billion. Zacks Investment Research’s sales averages are an average based on a survey of research analysts that that provide coverage for Propetro.
Propetro (NYSE:PUMP) last released its earnings results on Tuesday, February 26th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.53 by $0.06. The business had revenue of $425.41 million for the quarter, compared to analyst estimates of $424.47 million. Propetro had a return on equity of 30.52% and a net margin of 10.20%.
NYSE:PUMP opened at $23.72 on Monday. The company has a market capitalization of $2.38 billion, a PE ratio of 11.86, a P/E/G ratio of 0.67 and a beta of 1.85. The company has a current ratio of 0.99, a quick ratio of 0.97 and a debt-to-equity ratio of 0.09. Propetro has a 12-month low of $11.27 and a 12-month high of $24.55.
Propetro Company Profile
ProPetro Holding Corp., an oilfield services company, provides pressure pumping and other related services. The company offers hydraulic fracturing services; and a suite of well completion and production services, including cementing, acidizing, coiled tubing, flowback, surface air drilling, and drilling services.
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