Patterson-UTI Energy, Inc. (PTEN) Downgraded by Wolfe Research
- Author: Zachary Reyes Jun 16, 2017,
Jun 16, 2017, 19:20
Patterson-UTI Energy Inc had 59 analyst reports since July 28, 2015 according to SRatingsIntel. Commerzbank upgraded the shares of KRN in report on Saturday, April 2 to "Buy" rating. So is with Patterson-UTI Energy, Inc. (NASDAQ:HALO) sales have annually surged 21.20% on average, however its earnings per share growth remained at -33.10%.
While looking at the Stock's Performance, Patterson-UTI Energy Inc. now shows a Weekly Performance of -0.74%, where Monthly Performance is 2.94%, Quarterly performance is -14.55%, 6 Months performance is -24.14% and yearly performance percentage is 2.69%. The share price of PTEN has decreased by over -29.47% in the last six months. Patterson Uti Energy Inc now has $4.56B valuation. (NASDAQ:PTEN) on Tuesday, February 14 to "Buy" rating. More interesting news about Patterson-UTI Energy, Inc. Capital One National Association acquired 164,838 shares as Patterson Uti Energy Inc (PTEN)'s stock declined 16.81%.
ATR stands at 0.96 while Beta factor of the stock stands at 0.95. Halozyme Therapeutics, Inc. (NASDAQ:HALO) for the trailing twelve months paying dividend with the payout ratio of 0.00% to its shareholders. (NASDAQ:PTEN) for 182,020 shares. Federated Invsts Pa reported 98,038 shares. The stock of Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Ironwood Limited Liability holds 15,854 shares or 0.31% of its portfolio. NY increased its stake in Patterson-UTI Energy by 12.0% in the first quarter. (NASDAQ:PTEN). Swiss Comml Bank has 240,400 shares.
Shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN) was down -5.38% at $20.22 on Wednesday, in a 52-week range of $17.61 to $29.76 and with a consensus analyst target price of $29.32. "(PTEN)" was reported by Chaffey Breeze and is owned by of Chaffey Breeze. The difference between the expected and actual EPS was $0.03/share, which represents an Earnings surprise of 7%.
Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Patterson-UTI Energy Inc. the EPS stands at -0.4 for the previous quarter, while the analysts predicted the EPS of the stock to be -0.43, suggesting the stock exceeded the analysts' expectations.
Kahn Brothers Group Inc decreased Patterson Energy (PTEN) stake by 6.16% reported in 2016Q4 SEC filing. Therefore 56% are positive.
Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has accumulated 1.46% over the course of one week. The rating was upgraded by Credit Suisse on Wednesday, January 4 to "Neutral". Citigroup Inc stated it has 0.04% in Crown Castle International Corp. (NASDAQ:PTEN) on Tuesday, August 9 with "Neutral" rating. The stock has "Buy" rating by Guggenheim on Monday, November 30. The stock of Patterson-UTI Energy, Inc. The company's market capitalization is $3.33 billion. (NASDAQ:PTEN) has "Underweight" rating given on Monday, April 18 by Stephens. (NASDAQ:PTEN) has "Overweight" rating given on Wednesday, January 4 by KeyBanc Capital Markets. (NASDAQ:PTEN) earned "Outperform" rating by Cowen & Co on Friday, July 29. The firm earned "Neutral" rating on Wednesday, December 7 by JP Morgan.
ADTRAN, Inc.is a provider of networking and communications equipment.
The stock has actually made sharp losses in the past year, as the company has gathered a -5.04% return in the past twelve months. The Company's solutions enable voice, data, video and Internet communications across a range of network infrastructures. Its forward price to earnings ratio ranks lower than the industry's 20.94. It operates through two divisions: Network Solutions and Services & Support.
Investors sentiment increased to 0.97 in 2016 Q4. Its up 0.09, from 0.91 in 2016Q3. It increased, as 38 investors sold PTEN shares while 99 reduced holdings. 78 funds opened positions while 252 raised stakes. Moreover, Sector Pension Inv Board has 0.01% invested in ADTRAN, Inc. Glenmede Trust Na holds 3,657 shares. Alliancebernstein Lp reported 0% in ADTRAN, Inc. The Us-based Ancora Advisors Llc has invested 0.35% in the stock. California Pub Employees Retirement System has 46,100 shares. (REIT) (NYSE:CCI). Friess Assocs Lc reported 1,032 shares or 0.01% of all its holdings. (NASDAQ:ADTN). 93,031 are held by Prudential Financial. Pnc Grp Inc invested in 8,620 shares. It is 0.00% or $0 reaching $2.61 per share. Kbc Group Nv invested in 0.1% or 360,530 shares. 1492 Capital Ltd Llc holds 0.47% or 22,864 shares. Anderson Hoagland & Comm invested in 47,906 shares or 2.42% of the stock.