Patterson-UTI Energy Inc (PTEN)

PTEN (NASDAQ:Energy) EQUITY
$20.41
pos +0.00
+0.00%
Today's Range: 20.30 - 21.04 | PTEN Avg Daily Volume: 3,753,700
Last Update: 06/24/16 - 4:00 PM EDT
Volume: 0
YTD Performance: 35.34%
Open: $0.00
Previous Close: $21.61
52 Week Range: $10.94 - $21.65
Oustanding Shares: 147,370,198
Market Cap: 3,184,669,979
6-Month Chart
TheStreet Ratings Grade for PTEN
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 7 7 8 9
Moderate Buy 1 1 1 1
Hold 11 10 9 8
Moderate Sell 2 1 1 1
Strong Sell 2 2 2 1
Mean Rec. 2.61 2.52 2.43 2.20
Latest Dividend: 0.02
Latest Dividend Yield: 0.37%
Dividend Ex-Date: 06/07/16
Price Earnings Ratio: -8.51
Price Earnings Comparisons:
PTEN Sector Avg. S&P 500
-8.51 0.00 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
20.56% 5.31% 5.42%
GROWTH 12 Mo 3 Yr CAGR
Revenue -40.60 -0.30 -0.11
Net Income -100.00 -2.00 0.00
EPS -100.00 -2.00 0.00
Earnings for PTEN:
EBITDA 0.57B
Revenue 1.89B
Average Earnings Estimates
Qtr (06/16) Qtr (09/16) FY (12/16) FY (12/17)
Average Estimate $-0.63 $-0.60 $-2.35 $-1.88
Number of Analysts 15 14 11 17
High Estimate $-0.59 $-0.49 $-2.20 $-0.90
Low Estimate $-0.65 $-0.64 $-2.44 $-2.31
Prior Year $-0.13 $-0.26 $-0.66 $-2.35
Growth Rate (Year over Year) -382.56% -129.95% -255.79% 19.76%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
A sell stop under $14 looks appropriate and additional longs could be positioned on a close over $19.
Bearish
Mar 18, 2016 | 8:25 AM EDT
PTEN was downgraded from Buy to Neutral, Citigroup said. Valuation call, as the stock is up 20% year-to-date.
Bearish
Mar 11, 2016 | 7:21 AM EST
PTEN was downgraded from Outperform to Market Perform, BMO Capital said. Valuation call, based on a $17 price target. 
Not many, according to filings from Tweedy Browne and Kahn Brothers.
Irving Kahn's eight decades of value investing  helps, too.
But it's losing some of its luster.
Ben Graham's method for substitution approach is now a classic.
Bearish
Oct 27, 2014 | 7:25 AM EDT
PTEN downgraded to Neutral from Conviction List Buy, said Goldman. With WTI projected to average $74 in 2015, customer capital spending...
I am more optimistic about some of the larger onshore plays.
The analysts tend to be trend followers.

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Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.