Patterson-UTI Energy Inc. (NASDAQ:PTEN) will report its next earnings on Feb 2 – Feb 6 (Est.). The company reported the earnings of $-0.57/Share in the last quarter where the estimated EPS by analysts was $-0.6/share. The difference between the expected and actual EPS was $0.03/share, which represents an Earnings surprise of 5%.
In case of Revenue Estimates, 22 analysts have provided their consensus Average Revenue Estimates for Patterson-UTI Energy Inc. as 228.17 Million. According to these analysts, the Low Revenue Estimate for Patterson-UTI Energy Inc. is 222.42 Million and the High Revenue Estimate is 247.7 Million. The company had Year Ago Sales of 338.57 Million.
Some buy side analysts are also providing their Analysis on Patterson-UTI Energy Inc., where 6 analysts have rated the stock as Strong buy, 12 analysts have given a Buy signal, 9 said it’s a HOLD, 5 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)
When it comes to the Analysis of a Stock, Price Target plays a vital role. 29 Analysts reported that the Price Target for Patterson-UTI Energy Inc. might touch $34 high while the Average Price Target and Low price Target is $23.6 and $13.5 respectively.
To analyze a stock, one should look for Upgrades and Downgrades of a stock. Patterson-UTI Energy Inc. got Upgrade on 14-Sep-16 where investment firm Gabelli & Co Upgrade the stock from Hold to Buy.
Patterson-UTI Energy Inc. closed its last trading session at $22.96 with the gain of 16.16%. The Market Capitalization of the company stands at 3.95 Billion. The Company has 52-week high of $27.34 and 52-week low of $10.94. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 16.18% where SMA50 and SMA200 are 17.79% and 34.85% respectively. The Company Touched its 52-Week High on Oct 14, 2016 and 52-Week Low on Jan 20, 2016.
The Relative Volume of the company is 2.23 and Average Volume (3 months) is 3.32 million. Patterson-UTI Energy Inc. P/E (price to earnings) ratio is 0 and Forward P/E ratio of 0.
The company shows its Return on Assets (ROA) value of -7.3%. The Return on Equity (ROE) value stands at -12.7%. While it’s Return on Investment (ROI) value is -7.6%.
While looking at the Stock’s Performance, Patterson-UTI Energy Inc. currently shows a Weekly Performance of 8.99%, where Monthly Performance is 18.64%, Quarterly performance is 36.98%, 6 Months performance is 48.79% and yearly performance percentage is 67.01%. Year to Date performance value (YTD perf) value is 78.18%. The Stock currently has a Weekly Volatility of 5.03% and Monthly Volatility of 3.88%.