5 Analysts Have This To Say About Patterson-UTI Energy
Patterson-UTI Energy (NASDAQ:PTEN) has been analyzed by 5 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 1 | 2 | 1 | 0 |
| Last 30D | 0 | 0 | 2 | 0 | 0 |
| 1M Ago | 1 | 1 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 1 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $8.8, a high estimate of $11.00, and a low estimate of $6.00. Surpassing the previous average price target of $7.60, the current average has increased by 15.79%.
Interpreting Analyst Ratings: A Closer Look
In examining recent analyst actions, we gain insights into how financial experts perceive Patterson-UTI Energy. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Scott Gruber | Citigroup | Raises | Neutral | $9.00 | $7.00 |
| Derek Podhaizer | Piper Sandler | Raises | Neutral | $9.00 | $7.00 |
| Keith Mackey | RBC Capital | Raises | Outperform | $9.00 | $8.00 |
| Stephen Gengaro | Stifel | Raises | Buy | $11.00 | $9.00 |
| Arun Jayaram | JP Morgan | Lowers | Underweight | $6.00 | $7.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Patterson-UTI Energy. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Patterson-UTI Energy compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Patterson-UTI Energy's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Patterson-UTI Energy's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Patterson-UTI Energy analyst ratings.
About Patterson-UTI Energy
Patterson-UTI Energy Inc is one of the substantial land rig drilling contractors in the United States. Its 2023 merger with NexTier greatly expanded its pressure pumping operations, as well, and the firm now controls nearly 20% of the North American market for drilling and completions services. The company operates under three reportable business segments: (i) drilling services, (ii) completion services, and (iii) drilling products. It also provides directional drilling services and tool rental services in united states onshore oil and gas basins.
A Deep Dive into Patterson-UTI Energy's Financials
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Challenges: Patterson-UTI Energy's revenue growth over 3M faced difficulties. As of 31 December, 2025, the company experienced a decline of approximately -2.14%. This indicates a decrease in top-line earnings. When compared to others in the Energy sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of -0.79%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Patterson-UTI Energy's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -0.28%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Patterson-UTI Energy's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of -0.16%, the company showcases efficient use of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.38, Patterson-UTI Energy adopts a prudent financial strategy, indicating a balanced approach to debt management.
Analyst Ratings: What Are They?
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.