Analytical Report on Patterson-UTI Energy Inc. (PTEN)

GDDY's profit would be $5.14 million giving it 354.83 P/E if the $0.03 EPS is correct. During its last trading session, Stock traded with the total exchanged volume of 3.41 million shares. About 231,198 shares traded. It has outperformed by 24.09% the S&P500. (NASDAQ:PTEN) were recently published by: Prnewswire.com, which released: "Patterson-UTI Energy Announces Second Quarter Earnings Conference Call and Webcast" on June 27, 2017. Patterson-UTI Energy's dividend payout ratio is now -3.83%. The First Light Asset Management Llc holds 2.28M shares with $8.38M value, up from 992,867 last quarter. Louisiana State Employees Retirement System raised its stake in Patterson-UTI Energy by 14.8% in the first quarter. BidaskClub upgraded Patterson-UTI Energy from a "sell" rating to a "hold" rating in a report on Tuesday, June 13th.

CompanhiaBrasileira de Distribuicao (CBD) observed trading 5.89% away from the 20-day moving average and -1.05% off from its 50-day simple moving average. It has outperformed by 16.21% the S&P500.

Since January 17, 2017, it had 0 buys, and 30 sales for $162.10 million activity. Stephens maintained the shares of BLOX in report on Tuesday, December 1 with "Overweight" rating. Analysts set a 12-month price target of $12.8 a share. Christenson Vonn R bought $3,804 worth of Sierra Bancorp (NASDAQ:BSRR) on Friday, May 12. Therefore 67% are positive. The firm has "Market Perform" rating by Keefe Bruyette & Woods given on Wednesday, January 6. (NASDAQ:PTEN). Dekabank Deutsche Girozentrale has invested 0% in Patterson-UTI Energy, Inc. The rating was maintained by Jefferies on Tuesday, March 15 with "Hold". The firm has "Buy" rating given on Monday, September 21 by Zacks. On Monday, August 10 the stock rating was downgraded by Robert W. Baird to "Outperform". As per Thursday, October 6, the company rating was reinitiated by Jefferies. The institutional investor owned 60,100 shares of the oil and gas company's stock at the end of the first quarter. The stock's market capitalization is 3.30B. Parkside Fin Retail Bank Tru stated it has 58 shares. It has a 18.58 P/E ratio.

Investors sentiment decreased to 1.17 in 2016 Q4. Its down 0.42, from 1.13 in 2016Q3. Nomura Asset Mgmt Co Limited holds 5,170 shares. During the session shares stayed in the range from $20.05 to $19.51. Royal Savings Bank Of Canada holds 895 shares or 0% of its portfolio. Clearbridge Invs Limited Liability Company reported 0% stake. Manufacturers Life Insur The owns 0% invested in Sierra Bancorp (NASDAQ:BSRR) for 68,392 shares. 7,325 were reported by Blackrock Advsrs Limited Liability Co. Panagora Asset Mngmt Incorporated accumulated 43,668 shares. Kwmg Ltd, a Kansas-based fund reported 22,365 shares. Prelude Cap Mngmt Ltd Liability owns 38,110 shares. Cornercap Investment Counsel stated it has 26,795 shares. Ing Groep Nv accumulated 81,694 shares.

Patterson-UTI Energy Inc. on 3/30/2017 reported its EPS as $-0.59 with the analysts projecting the EPS of the stock as $-0.63. Therefore 56% are positive. Patterson-UTI Energy had a negative return on equity of 13.10% and a negative net margin of 32.74%. The company was upgraded on Wednesday, September 14 by Gabelli. Stephens maintained the stock with "Underweight" rating in Monday, April 18 report. (NASDAQ:PTEN) earned "Hold" rating by Cowen & Co on Friday, July 7. The rating was maintained by Maxim Group with "Buy" on Wednesday, April 27. The company was downgraded on Wednesday, June 21 by Seaport Global. The firm earned "Buy" rating on Tuesday, April 4 by UBS. The company maintains price to book ratio of 4.35. The firm earned "Buy" rating on Friday, June 23 by RBC Capital Markets. Patterson-UTI Energy Inc had 66 analyst reports since July 28, 2015 according to SRatingsIntel. (NASDAQ:PTEN) to report earnings on July, 27. During the same period previous year, the company posted ($0.48) EPS. State Street Corp's holdings in Patterson-UTI Energy were worth $110,685,000 at the end of the most recent reporting period.

Investors sentiment increased to 0.97 in Q4 2016. Its down 0.03, from 0.82 in 2016Q3.

Several hedge funds have recently bought and sold shares of PTEN. 55 funds opened positions while 78 raised stakes. Moreover, Geode Capital Limited Liability Corporation has 0.01% invested in Patterson-UTI Energy, Inc. Needham Inv Management Lc invested in 0.87% or 29,500 shares. Prudential Financial Inc holds 98,559 shares. Grace White Inc Ny has invested 0.08% in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Moreover, Commonwealth Bankshares Of Australia has 0.13% invested in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) or 176,740 shares. Viking Fund Llc invested in 1.43% or 420,000 shares. Nuveen Asset Management Limited invested 0.02% in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) for 3,800 shares.

04/28/2017 - Patterson-UTI Energy, Inc. had its "overweight" rating reiterated by analysts at Morgan Stanley. 10,000 were accumulated by Texas Yale Cap. Retirement Of Alabama owns 514,977 shares. According to these analysts, the Low Revenue Estimate for Patterson-UTI Energy Inc.is 379.3 Million and the High Revenue Estimate is 622.3 Million. It also upped Columbia Pipeline Partners L stake by 284,968 shares and now owns 371,813 shares.