PattersonUTI Energy (PTEN)
(Delayed Data from NSDQ)
$11.65 USD
+0.11 (0.95%)
Updated Mar 18, 2024 04:00 PM ET
After-Market: $11.66 +0.01 (0.09%) 7:58 PM ET
3-Hold of 5 3
A Value B Growth F Momentum A VGM
Patterson-UTI (PTEN) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$16.37 | $22.00 | $12.00 | 41.85% |
Price Target
Based on short-term price targets offered by 15 analysts, the average price target for Patterson-UTI comes to $16.37. The forecasts range from a low of $12.00 to a high of $22.00. The average price target represents an increase of 41.85% from the last closing price of $11.54.
Analyst Price Targets (15)
Broker Rating
Patterson-UTI currently has an average brokerage recommendation (ABR) of 1.73 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 15 brokerage firms. The current ABR compares to an ABR of 1.79 a month ago based on 14 recommendations.
Of the 15 recommendations deriving the current ABR, nine are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 60% and 6.67% of all recommendations. A month ago, Strong Buy made up 57.14%, while Buy represented 7.14%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 9 | 9 | 8 | 8 | 9 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 5 | 5 | 5 | 5 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.73 | 1.73 | 1.79 | 1.79 | 1.54 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
2/20/2024 | Evercore Partners | Jason Bandel | Not Available | Strong Buy |
2/16/2024 | Raymond James | James M Rollyson | Strong Buy | Strong Buy |
1/16/2024 | The Benchmark Company | Kurt Hallead | Strong Buy | Hold |
11/17/2023 | ATB Capital Markets | Waqar Syed | Strong Buy | Strong Buy |
11/13/2023 | Piper Sandler | Luke M Lemoine | Strong Buy | Strong Buy |
11/9/2023 | Susquehanna Financial Group | Charles P Minervino | Not Available | Strong Buy |
10/20/2023 | Capital One Securities | Douglas L Becker | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.73 |
ABR (Last week) | 1.73 |
# of Recs in ABR | 15 |
Average Target Price | $16.37 |
LT Growth Rate | 15.40% |
Industry | Oil and Gas - Drilling |
Industry Rank by ABR | 217 of 252 |
Current Quarter EPS Est: | 0.13 |