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PTEN
Stock ticker: NASDAQ
AS OF
Apr 1 closing price
Price
$8.38
Change
+$0.16 (+1.95%)
Capitalization
4.8B

PTEN Patterson-UTI Energy Forecast, Technical & Fundamental Analysis

Patterson-UTI Energy Inc is one of the substantial land rig drilling contractors in the United States... Show more

PTEN
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for PTEN with price predictions
Mar 31, 2025

PTEN in upward trend: 10-day moving average broke above 50-day moving average on March 28, 2025

The 10-day moving average for PTEN crossed bullishly above the 50-day moving average on March 28, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where PTEN's RSI Indicator exited the oversold zone, of 31 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on March 17, 2025. You may want to consider a long position or call options on PTEN as a result. In of 87 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for PTEN just turned positive on March 14, 2025. Looking at past instances where PTEN's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PTEN advanced for three days, in of 293 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 57 cases where PTEN's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

PTEN moved below its 50-day moving average on March 28, 2025 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PTEN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

PTEN broke above its upper Bollinger Band on March 19, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for PTEN entered a downward trend on March 17, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. PTEN’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. PTEN’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock better than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.997) is normal, around the industry mean (5.882). P/E Ratio (13.352) is within average values for comparable stocks, (24.727). Projected Growth (PEG Ratio) (0.556) is also within normal values, averaging (1.206). Dividend Yield (0.027) settles around the average of (0.037) among similar stocks. P/S Ratio (0.794) is also within normal values, averaging (1.149).

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

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PTEN
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published Earnings

PTEN is expected to report earnings to fall 107.69% to 0 cents per share on October 23

Patterson-UTI Energy PTEN Stock Earnings Reports
Q3'24
Est.
$0.01
Q4'24
Missed
by $0.05
Q2'24
Missed
by $0.05
Q1'24
Beat
by $0.03
Q4'23
Beat
by $0.01
The last earnings report on February 05 showed earnings per share of -12 cents, missing the estimate of -7 cents. With 5.67M shares outstanding, the current market capitalization sits at 4.80B.
A.I.Advisor
published Dividends

PTEN paid dividends on March 17, 2025

Patterson-UTI Energy PTEN Stock Dividends
А dividend of $0.08 per share was paid with a record date of March 17, 2025, and an ex-dividend date of March 03, 2025. Read more...
A.I. Advisor
published General Information

General Information

a provider of onshore contract drilling and pressure pumping services

Industry ContractDrilling

Profile
Fundamentals
Details
Industry
Contract Drilling
Address
10713 West Sam Houston Parkway North
Phone
+1 281 765-7100
Employees
10600
Web
https://www.patenergy.com
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PTEN and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, PTEN has been closely correlated with NE. These tickers have moved in lockstep 69% of the time. This A.I.-generated data suggests there is a high statistical probability that if PTEN jumps, then NE could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PTEN
1D Price
Change %
PTEN100%
+0.37%
NE - PTEN
69%
Closely correlated
-1.99%
NBR - PTEN
69%
Closely correlated
-0.07%
HP - PTEN
69%
Closely correlated
+3.40%
PDS - PTEN
66%
Loosely correlated
+2.78%
RIG - PTEN
64%
Loosely correlated
-0.94%
More

Groups containing PTEN

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PTEN
1D Price
Change %
PTEN100%
+0.37%
PTEN
(4 stocks)
78%
Closely correlated
+1.93%