In the latest trading session,, 0.9 million Patterson-UTI Energy Inc (NASDAQ:PTEN) shares changed hands as the company’s beta touched 1.33. With the company’s most recent per share price at $5.70 changed hands at -$0.14 or -2.48% at last look, the market valuation stands at $2.20B. PTEN’s current price is a discount, trading about -104.91% off its 52-week high of $11.68. The share price had its 52-week low at $5.12, which suggests the last value was 10.18% up since then.
Analysts gave the Patterson-UTI Energy Inc (PTEN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.88. If we narrow down to specifics, the data shows that 0 out of 10 analysts rate the stock as a Sell, with a further 2 assigning it an Overweight rating. Of the remaining, 1 recommended PTEN as a Hold, 7 felt it is a Buy and 0 rated the stock as Underweight.
Patterson-UTI Energy Inc (NASDAQ:PTEN) trade information
Instantly PTEN was in red as seen in intraday trades today. With action -9.32%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -31.05%, with the 5-day performance at -9.32% in the red. However, in the 30-day time frame, Patterson-UTI Energy Inc (NASDAQ:PTEN) is -3.15% down.
The consensus price target for the stock as assigned by Wall Street analysts is 11, meaning bulls need an upside of 48.18% from its recent market value. According to analyst projections, PTEN’s forecast low is 9 with 13 as the target high. To hit the forecast high, the stock’s price needs a -128.07% plunge from its current level, while the stock would need to soar -57.89% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -3.06%. The 2025 estimates are for Patterson-UTI Energy Inc earnings to decrease by -12.15%.
PTEN Dividends
Patterson-UTI Energy Inc is expected to release its next quarterly earnings report in June. The 5.62% annual yield figure for the share gives it an annual dividend of 0.32. It is important to note, however, that the 5.62% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 11.3004% or 45.15 million shares worth $467.77 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were iShares Trust-iShares Core S&P Small-Cap ETF and Pacer Funds Trust-Pacer US Small Cap Cash Cows ETF . With 21.74 shares estimated at $124.69 million under it, the former controlled 5.63% of total outstanding shares. On the other hand, Pacer Funds Trust-Pacer US Small Cap Cash Cows ETF held about 5.39% of the shares, roughly 20.81 shares worth around $119.32 million.
