On Monday, Patterson-UTI Energy Inc (NASDAQ: PTEN) opened lower -4.88%% from the last session, before settling in for the closing price of $6.35. Price fluctuations for PTEN have ranged from $5.12 to $11.27 over the past 52 weeks.
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A company in the Energy sector has dropped its sales by -3.06% annually for the last half of the decade. Company’s average yearly earnings per share was noted -52.90% at the time writing. With a float of $347.77 million, this company’s outstanding shares have now reached $385.98 million.
In an organization with 9200 employees, it is important to assess its efficiency. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -52.90% 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 0.45. Likewise, its price to free cash flow for the trailing twelve months is 5.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.60, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach -0.18 in one year’s time.
Technical Analysis of Patterson-UTI Energy Inc (PTEN)
Let’s dig in a bit further. During the last 5-days, its volume was 14.3 million. That was better than the volume of 12.14 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 47.67%.
During the past 100 days, Patterson-UTI Energy Inc’s (PTEN) raw stochastic average was set at 22.01%, which indicates a significant decrease from 49.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.71% in the past 14 days, which was lower than the 76.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.93, while its 200-day Moving Average is $7.57. However, in the short run, Patterson-UTI Energy Inc’s stock first resistance to watch stands at $6.33. Second resistance stands at $6.61. The third major resistance level sits at $6.78. If the price goes on to break the first support level at $5.88, it is likely to go to the next support level at $5.71. Assuming the price breaks the second support level, the third support level stands at $5.43.
Patterson-UTI Energy Inc (NASDAQ: PTEN) Key Stats
There are currently 385,987K shares outstanding in the company with a market cap of 2.33 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.
