Economy

Patterson-UTI Energy, Inc. (PTEN) Given Consensus Recommendation of "Hold" by Analysts

Patterson-UTI Energy, Inc. (PTEN) Given Consensus Recommendation of

Therefore 67% are positive. Equities research analysts anticipate that Patterson-UTI Energy, Inc. will post ($0.92) EPS for the current year. The rating was maintained by Cowen & Co on Friday, July 24 with "Outperform". The company was maintained on Wednesday, March 9 by Susquehanna. Share performance for the month is now at 20.15%. The ex-dividend date of this dividend is Wednesday, September 6th. The company was upgraded on Friday, December 11 by Citigroup. The firm has a 50-day moving average of $17.11 and a 200-day moving average of $21.04. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and sixteen have assigned a buy rating to the company. (NASDAQ:PTEN) to report earnings on October, 26.

Sectoral Asset Management Inc decreased Ptc Therapeutics I (PTCT) stake by 84.21% reported in 2016Q4 SEC filing. Share performance for the month is now at 1.53%. The institutional investor owned 4,232,337 shares of the oil and gas company's stock after buying an additional 1,471,517 shares during the quarter. Ptc Therapeutics I now has $803.78M valuation. The stock decreased 1.47% or $0.29 on September 15, reaching $19.42. 157.71 million shares or 2.62% less from 161.95 million shares in 2016Q3 were reported. Select Income REIT (SIR) has risen 1.22% since September 17, 2016 and is uptrending.

The most recent open market insider trade was Acquisition (Non Open Market) of 6,500 shares on a day where the closing price was 0. The company had a trading volume of 11,951,336 shares.

Shares of Patterson-UTI Energy (NASDAQ:PTEN) opened at 27.43 on Tuesday. It has outperformed by 16.21% the S&P500.

Investors sentiment increased to 1.66 in 2016 Q4. Its up 0.01, from 0.96 in 2016Q3. Of those insider trades, 0 shares of Patterson-UTI Energy, Inc. were purchased and 5,127 shares were sold. LS Investment Advisors LLC now owns 10,803 shares of the oil and gas company's stock worth $262,000 after purchasing an additional 754 shares in the last quarter. Fuller And Thaler Asset Mgmt Incorporated holds 0.27% or 657,464 shares. Glenmede Trust Communications Na invested in 3,657 shares. Patterson-UTI Energy has a 12-month low of $14.83 and a 12-month high of $29.76. (NASDAQ:DLTR) rating on Monday, July 17. Ameritas Invest invested in 0.06% or 44,965 shares. Patterson-UTI Energy had a negative return on equity of 13.25% and a negative net margin of 34.79%. (NASDAQ:PTEN). Public Employees Retirement Association Of Colorado reported 36,467 shares. (NASDAQ:PTEN). Texas Permanent School Fund holds 0.04% of its portfolio in Patterson-UTI Energy, Inc. Hancock Hldg owns 462,802 shares or 0.46% of their U.S. portfolio. Jefferies Group Ltd Llc accumulated 19,845 shares. Elkfork Partners LLC acquired a new stake in shares of Patterson-UTI Energy during the fourth quarter worth $205,000.

For the Current Quarter, the growth estimate for Patterson-UTI Energy Inc.is 68.4%, while for the Next Quarter the stock growth estimate is 77.4%. The company's market capitalization is $3.95 billion. It now has negative earnings. The Company's divisions include Contract Drilling, Pressure Pumping and Other operations. There were 50 sold out positions, amounting to 10.56 million shares. Parsons Cap Mngmt Ri has invested 0.15% of its portfolio in Dollar Tree, Inc. (NASDAQ:PTEN). Us Natl Bank De holds 25,168 shares or 0% of its portfolio. Citigroup Inc invested in 0% or 54,363 shares. Moreover, Vanguard Group Inc has 0% invested in PTC Therapeutics, Inc. Blackrock Group Inc Limited reported 112,971 shares or 0% of all its holdings. (NASDAQ:PTEN) for 22 shares. 49,305 were reported by Nationwide Fund. 154,600 are held by Canada Pension Plan Investment Board. Sei has 1,000 shares for 0% of their portfolio. Putnam Investments Ltd Com stated it has 558,074 shares or 0.04% of all its holdings. (NASDAQ:DLTR) shares were sold by RUDMAN ROBERT H. Cam A S stated it has 0.03% of its portfolio in PTC Therapeutics, Inc. Capstone Asset Management Co. raised its position in Patterson-UTI Energy by 3.4% during the 2nd quarter. Momenta Pharmaceuticals (NASDAQ:MNTA) was raised too. This recommendation lands on a scale between 1 and 5. (NASDAQ:PTCT) rating on Wednesday, July 5. The stock of PTC Therapeutics, Inc. The rating was maintained by RBC Capital Markets on Friday, June 23 with "Buy". The company was initiated on Wednesday, January 20 by Credit Suisse. The firm has "Overweight" rating given on Tuesday, September 5 by JP Morgan. The firm has "Buy" rating given on Tuesday, February 14 by Guggenheim.

Analysts await PTC Therapeutics, Inc. (NASDAQ:DLTR). Sumitomo Life Ins reported 18,419 shares stake. During the same quarter in the previous year, the firm earned ($0.58) EPS.



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