In last trading session, Patterson-UTI Energy Inc (NASDAQ:PTEN) saw 10.03 million shares changing hands with its beta currently measuring 1.31. Company’s recent per share price level of $5.92 trading at -$0.01 or -0.17% at ring of the bell on the day assigns it a market valuation of $2.29B. That closing price of PTEN’s stock is at a discount of -90.37% from its 52-week high price of $11.27 and is indicating a premium of 13.51% from its 52-week low price of $5.12. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 8.38 million shares which gives us an average trading volume of 13.22 million if we extend that period to 3-months.
For Patterson-UTI Energy Inc (PTEN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.94. Splitting up the data highlights that, out of 10 analysts covering the stock, 0 rated the stock as a Sell while 2 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 7 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Patterson-UTI Energy Inc (NASDAQ:PTEN) trade information
Upright in the red during last session for losing -0.17%, in the last five days PTEN remained trading in the red while hitting it’s week-highest on Friday, 07/11/25 when the stock touched $5.92 price level, adding 10.71% to its value on the day. Patterson-UTI Energy Inc’s shares saw a change of -42.24% in year-to-date performance and have moved -9.34% in past 5-day. Patterson-UTI Energy Inc (NASDAQ:PTEN) showed a performance of -9.34% in past 30-days. Number of shares sold short was 37.65 million shares which calculate 2.95 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 9 to the stock, which implies a rise of 34.22% to its current value. Analysts have been projecting 9 as a low price target for the stock while placing it at a high target of 9. It follows that stock’s current price would drop -52.03% in reaching the projected high whereas dropping to the targeted low would mean a loss of -52.03% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -3.06% during past 5 years.
PTEN Dividends
Patterson-UTI Energy Inc is more likely to be releasing its next quarterly report on 2025-Apr-23 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 5.41%, the share has a forward dividend of 0.32 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 2.3%.
Patterson-UTI Energy Inc (NASDAQ:PTEN)’s Major holders
Insiders are in possession of 2.65% of company’s total shares while institution are holding 106.35 percent of that, with stock having share float percentage of 109.24%. Investors also watch the number of corporate investors in a company very closely, which is 106.35% institutions for Patterson-UTI Energy Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at PTEN for having 57.44 million shares of worth $595.11 million. And as of 2024-06-30, it was holding 14.3767 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 45.15 million shares on 2024-06-30. The number of shares represents firm’s hold over 11.3004 of outstanding shares, having a total worth of $467.77 million.
On the other hand, iShares Trust-iShares Core S&P Small-Cap ETF and UNDISCOVERED MANAGERS Fd.S-Undiscovered Managers Behavioral Value Fd. are the top two Mutual Funds which own company’s shares. As of May 31, 2025 , the former fund manager was holding 21.14 shares of worth $125.17 million or 5.48% of the total outstanding shares. The later fund manager was in possession of 14.42 shares on Mar 31, 2025 , making its stake of worth around $85.38 million in the company or a holder of 3.74% of company’s stock.
