Patterson-UTI Energy Inc (PTEN)

PTEN (NASDAQ:Energy)
$25.99
neg -0.32
-1.20%
Today's Range: 25.80 - 26.52 | PTEN Avg Daily Volume: 3,644,700
Last Update: 10/22/14 - 10:41 AM EDT
Volume: 1,266,267
YTD Performance: 3.89%
Open: $26.30
Previous Close: $26.31
52 Week Range: $21.06 - $38.43
Oustanding Shares: 146,134,531
Market Cap: 3,576,642,646
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 6 4 3 3
Moderate Buy 4 4 3 1
Hold 5 5 5 6
Moderate Sell 0 0 0 0
Strong Sell 0 1 1 2
Mean Rec. 1.93 2.24 2.36 2.69
Latest Dividend: 0.10
Latest Dividend Yield: 1.63%
Dividend Ex-Date: 09/08/14
Price Earnings Ratio: 19.74
Price Earnings Comparisons:
PTEN Sector Avg. S&P 500
19.74 19.90 27.46
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-25.44% 11.79% 37.22%
GROWTH 12 Mo 3 Yr CAGR
Revenue -0.30 0.86 0.23
Net Income -37.20 0.59 0.17
EPS -34.70 0.70 0.19
Earnings for PTEN:
EBITDA 0.92B
Revenue 2.72B
Average Earnings Estimates
Qtr (09/14) Qtr (12/14) FY (12/14) FY (12/15)
Average Estimate $0.46 $0.50 $1.57 $2.44
Number of Analysts 14 13 14 14
High Estimate $0.49 $0.54 $1.61 $2.90
Low Estimate $0.44 $0.46 $1.51 $1.85
Prior Year $0.51 $0.28 $1.45 $1.57
Growth Rate (Year over Year) -8.82% 78.85% 8.28% 55.41%
Chart Benchmark Timeframe
Average Frequency Indicator Chart
Scale Symbol Comparison Bollinger Bands
I am more optimistic about some of the larger onshore plays.
The analysts tend to be trend followers.
Bullish
Mar 17, 2014 | 7:40 AM EDT
PTEN was upgraded from Neutral to Buy, Goldman Sachs said. Company was also placed on the Conviction List. $37 price target. Expect hig...
Bullish
Jan 08, 2014 | 7:09 AM EST
PTEN was upgraded from Sector Perform to Outperform, RBC Capital said. $29 price target. Company is growing its position in the Tier 1 ...
Bullish
Oct 28, 2013 | 7:51 AM EDT
PTEN was upgraded from Sell to Neutral, Goldman Sachs said. $25 price target. Valuation call, as the stock has lagged its peers in rece...
Bearish
Oct 25, 2013 | 7:03 AM EDT
PTEN was downgraded from Hold to Buy, Wunderlich said. $23 price target. Company dramatically lowered their guidance. 
Snail mail stock report provides a realty check.
Bearish
Oct 09, 2013 | 7:29 AM EDT
PTEN was downgraded from Outperform to Perform, Cowen said. $24 price target. Pressure pumping prices will likely show no improvement.&...
Bearish
Jul 29, 2013 | 7:57 AM EDT
Shares of PTEN now seen reaching $22, according to UBS. Estimates also reduced, given difficult industry conditions. Neutral rating.&nb...
Bearish
May 23, 2013 | 7:46 AM EDT
PTEN was downgraded from Neutral to Sell, Goldman Sachs said. Valuation call, as the stock is up 20% year-to-date. $24 price target.&nb...

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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.