PattersonUTI Energy (PTEN)
(Delayed Data from NSDQ)
$7.86 USD
-0.27 (-3.32%)
Updated Sep 10, 2024 04:00 PM ET
After-Market: $7.86 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
A Value B Growth F Momentum B VGM
Patterson-UTI (PTEN) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$13.46 | $17.00 | $11.00 | 65.56% |
Price Target
Based on short-term price targets offered by 13 analysts, the average price target for Patterson-UTI comes to $13.46. The forecasts range from a low of $11.00 to a high of $17.00. The average price target represents an increase of 65.56% from the last closing price of $8.13.
Analyst Price Targets (13)
Broker Rating
Patterson-UTI currently has an average brokerage recommendation (ABR) of 1.79 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 14 brokerage firms. The current ABR compares to an ABR of 1.73 a month ago based on 15 recommendations.
Of the 14 recommendations deriving the current ABR, eight are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 57.14% and 7.14% of all recommendations. A month ago, Strong Buy made up 60%, while Buy represented 6.67%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 8 | 8 | 9 | 9 | 9 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 5 | 5 | 5 | 5 | 5 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.79 | 1.79 | 1.73 | 1.73 | 1.73 |
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 |
---|---|---|---|---|
8/16/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/13/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/28/2024 | ATB Capital Markets | Waqar Syed | Strong Buy | Strong Buy |
7/16/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/15/2024 | Raymond James | James M Rollyson | Strong Buy | Strong Buy |
7/11/2024 | Susquehanna Financial Group | Charles P Minervino | Strong Buy | Strong Buy |
7/10/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
6/28/2024 | Goldman Sachs | Atidrip Modak | Hold | Hold |
5/6/2024 | The Benchmark Company | Kurt Hallead | Hold | Hold |
5/3/2024 | Evercore Partners | Jason Bandel | Strong Buy | Strong Buy |
5/2/2024 | 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 | 1.79 |
ABR (Last week) | 1.79 |
# of Recs in ABR | 14 |
Average Target Price | $13.46 |
LT Growth Rate | NA |
Industry | Oil and Gas - Drilling |
Industry Rank by ABR | 149 of 253 |
Current Quarter EPS Est: | 0.05 |
PTEN FAQs
Patterson-UTI Energy, Inc. (PTEN) currently has an average brokerage recommendation (ABR) of 1.79 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 14 brokerage firms.
The average price target for Patterson-UTI Energy, Inc. (PTEN) is $13.46. The current on short-term price targets is based on 7 reports.
The forecasts for Patterson-UTI Energy, Inc. (PTEN) range from a low of $11 to a high of $17. The average price target represents a increase of $71.25 from the last closing price of $7.86.
The current UPSIDE for Patterson-UTI Energy, Inc. (PTEN) is 71.25%
Based on short-term price targets offered by 13 analysts, the average price target for Patterson-UTI comes to $13.46. The forecasts range from a low of $11.00 to a high of $17.00. The average price target represents an increase of 65.56% from the last closing price of $8.13.