On Monday, Patterson-UTI Energy Inc (NASDAQ: PTEN) opened lower -1.53% from the last session, before settling in for the closing price of $6.53. Price fluctuations for PTEN have ranged from $5.12 to $11.27 over the past 52 weeks.
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Annual sales at Energy sector company grew by 16.83% over the past five years. Company’s average yearly earnings per share was noted -38.34% at the time writing. With a float of $347.77 million, this company’s outstanding shares have now reached $385.98 million.
Let’s look at the performance matrix of the company that is accounted for 9200 employees. In terms of profitability, gross margin is 4.18%, operating margin of -18.65%, and the pretax margin is -19.93%.
Patterson-UTI Energy Inc (PTEN) Insider Updates
A key investor’s attitude towards the stock of the Oil & Gas Drilling industry is another important factor to consider. The insider ownership of Patterson-UTI Energy Inc is 9.90%, while institutional ownership is 97.98%. The most recent insider transaction that took place on Jun 02 ’25, was worth 410,495. In this transaction Director of this company sold 74,500 shares at a rate of $5.51, taking the stock ownership to the 925,254 shares. Before that another transaction happened on May 09 ’25, when Company’s Director sold 5,500 for $5.98, making the entire transaction worth $32,890. This insider now owns 999,754 shares in total.
Patterson-UTI Energy Inc (PTEN) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -38.34% per share during the next fiscal year.
Patterson-UTI Energy Inc (NASDAQ: PTEN) Trading Performance Indicators
Check out the current performance indicators for Patterson-UTI Energy Inc (PTEN). In the past quarter, the stock posted a quick ratio of 1.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.48. Likewise, its price to free cash flow for the trailing twelve months is 6.14.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.60, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach -0.14 in one year’s time.
Technical Analysis of Patterson-UTI Energy Inc (PTEN)
Patterson-UTI Energy Inc (NASDAQ: PTEN) saw its 5-day average volume 12.15 million, a positive change from its year-to-date volume of 12.02 million. As of the previous 9 days, the stock’s Stochastic %D was 86.19%. Additionally, its Average True Range was 0.30.
During the past 100 days, Patterson-UTI Energy Inc’s (PTEN) raw stochastic average was set at 31.34%, which indicates a significant decrease from 78.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.76% in the past 14 days, which was lower than the 75.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.89, while its 200-day Moving Average is $7.63. Nevertheless, the first resistance level for the watch stands at $6.54 in the near term. At $6.65, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.76. If the price goes on to break the first support level at $6.32, it is likely to go to the next support level at $6.21. Assuming the price breaks the second support level, the third support level stands at $6.10.
Patterson-UTI Energy Inc (NASDAQ: PTEN) Key Stats
There are currently 385,987K shares outstanding in the company with a market cap of 2.48 billion. Presently, the company’s annual sales total 5,378 M according to its annual income of -968,030 K. Last quarter, the company’s sales amounted to 1,281 M and its income totaled 1,010 K.
