Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Patterson-UTI (PTEN) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock?
The headline numbers for Patterson-UTI (PTEN) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Patterson-UTI Energy, Inc. (NASDAQ:PTEN ) Q4 2024 Earnings Conference Call February 6, 2025 10:00 AM ET Company Participants Michael Sabella - Vice President of Investor Relations William Hendricks - President and Chief Executive Officer Andrew Smith - Executive Vice President and Chief Financial Officer Conference Call Participants Jim Rollyson - Raymond James Waqar Syed - ATB Capital Markets Keith Mackey - RBC Capital Markets Sareeb Pant - Bank of America Eddie Kim - Barclays Kirk Hallead - Benchmark Jeff LeBlanc - TPH & Company Doug Decker - Capital One Securities Operator Thank you for standing by. My name is Rebecca and I will be your conference operator today.
Patterson-UTI (PTEN) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to earnings of $0.19 per share a year ago.
Patterson-UTI (PTEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Stifel analyst Stephen Gengaro lowered the firm's price target on Patterson-UTI to $13 from $14 and keeps a Buy rating on the shares. Heading into 2025, the firm expects "more of the same" in the Oil Services world as well limited macro-catalysts for the stocks, the analyst tells investors.
Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock?
Patterson-UTI Energy, Inc. (NASDAQ:PTEN ) Q3 2024 Earnings Call October 24, 2024 10:00 AM ET Company Participants Michael Sabella - Investor Relations Andy Hendricks - President and Chief Executive Officer Andy Smith - Chief Financial Officer Conference Call Participants Scott Gruber - Citigroup Stephen Gengaro - Stifel Keith MacKey - RBC Capital Markets Ati Modak - Goldman Sachs Arun Jayaram - JPMorgan Waqar Syed - ATB Connor Jensen - Raymond James Saurabh Pant - Bank of America Kurt Hallead - Benchmark Company Eddie Kim - Barclays Operator Good morning. Thank you for standing by.
Patterson-UTI (PTEN) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.01. This compares to earnings of $0.20 per share a year ago.
Patterson-UTI (PTEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.