A new trading day began on Friday, with Patterson-UTI Energy Inc (NASDAQ: PTEN) stock price up 1.50% from the previous day of trading, before settling in for the closing price of $5.35. PTEN’s price has ranged from $5.12 to $9.66 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Energy sector saw sales slided by -3.06%. Meanwhile, its annual earnings per share averaged -152.91%. With a float of $347.04 million, this company’s outstanding shares have now reached $385.16 million.
The extent of productivity of a business whose workforce counts for 9200 workers is very important to gauge. In terms of profitability, gross margin is 2.67%, operating margin of -20.61%, and the pretax margin is -21.97%.
Patterson-UTI Energy Inc (PTEN) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Drilling Industry. The insider ownership of Patterson-UTI Energy Inc is 9.90%, while institutional ownership is 98.27%. 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
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -2.5 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -152.91% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 42.88% during the next five years compared to -3.06% drop over the previous five years of trading.
Patterson-UTI Energy Inc (NASDAQ: PTEN) Trading Performance Indicators
Here are Patterson-UTI Energy Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.42. Likewise, its price to free cash flow for the trailing twelve months is 6.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.76, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.35 in one year’s time.
Technical Analysis of Patterson-UTI Energy Inc (PTEN)
The latest stats from [Patterson-UTI Energy Inc, PTEN] show that its last 5-days average volume of 7.88 million was inferior to 11.65 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 8.41%.
During the past 100 days, Patterson-UTI Energy Inc’s (PTEN) raw stochastic average was set at 8.56%, which indicates a significant decrease from 11.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.30 in the past 14 days, which was lower than the 0.33 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.01, while its 200-day Moving Average is $7.22.
