Active Volume Stock: Patterson-UTI Energy Inc. (PTEN)

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u.s stocks update

Patterson-UTI Energy Inc. (PTEN) belonging to the Oils-Energy sector has declined -0.76% and closed its last trading session at $26.01.

The company reported its EPS on 02/09/2017. Currently, the stock has a 1 Year Price Target of $30.48.

The consensus recommendation, according to Zacks Investment research, is 2.05. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell.

The Stock had a 2.1 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2 and 2.17 respectively.

Patterson-UTI Energy Inc. on 02/09/2017 reported its EPS as $-0.53 with the analysts projecting the EPS of the stock as $-0.54. The company beat the analyst EPS Estimate with the difference of $0.01. This shows a surprise factor of 1.9%.

Many analysts have provided their estimated foresights on Patterson-UTI Energy Inc. Earnings, with 27 analysts believing the company would generate an Average Estimate of $-0.44.

Whereas they predicted High and Low Earnings Estimate as $-0.38 and $-0.49 respectively. While in the same Quarter Previous year, the Actual EPS was $-0.47.

Analysts are also projecting an Average Revenue Estimate for Patterson-UTI Energy Inc. as $293.31 Million in the Current Quarter. This estimate is provided by 20 analysts.

The High Revenue estimate is predicted as 301.33 Million, while the Low Revenue Estimate prediction stands at 288.1 Million. The company’s last year sales total was 268.94 Million.

For the Current Quarter, the growth estimate for Patterson-UTI Energy Inc. is 6.4%, while for the Next Quarter the stock growth estimate is 39%.

In the past 5 years, the stock showed growth of -28.41% per annum. While for the next 5 years, the growth estimate is 11.5%.

The Company got Upgrade by Guggenheim on 14-Feb-17 from Neutral to Buy.

Insider Trades for Patterson-UTI Energy Inc. show that the latest trade was made on 31 Dec 2016 where Thom (Tiffany J), the Director completed a transaction type “Buy” in which 6500 shares were traded at a price of $0.

27 analysts projected Price Targets for Patterson-UTI Energy Inc.. The analysts believe that the company stock price could grow as high as $40. The Low Price target projection by analysts is $17 and the Mean Price Target is $30.48.

Patterson-UTI Energy Inc. (PTEN) has the market capitalization of $4.32 Billion. The company rocked its 52-Week High of $29.76 on Feb 14, 2017 and touched its 52-Week Low of $16.06 on Apr 5, 2016.

The stock has Return on Assets (ROA) of -7.8 percent. Return on Equity (ROE) stands at -13.5% and Return on Investment (ROI) of -9.8 percent.

The stock is currently showing YTD performance of -3.31 Percent. The company has Beta Value of 0.93 and ATR value of 0.99. The Weekly and Monthly Volatility stands at 3.13% and 3.15%.