Patterson-UTI Energy (PTEN) Given a $25.00 Price Target at Jefferies Group

The stock has a market cap of $3,870.00, a P/E ratio of -11.64 and a beta of 1.02. The oil and gas company reported ($0.10) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.08) by ($0.02). Davenport & Limited Liability Company owns 11,440 shares or 0% of their USA portfolio.

The stock decreased 1.58% or $1.5 during the last trading session, reaching $93.25. (NASDAQ:FSNN) has risen 10.45% since February 10, 2017 and is uptrending. It has outperformed by 30.01% the S&P500. During the same period last year, the company posted ($0.58) earnings per share. research analysts anticipate that Patterson-UTI Energy will post -0.8 EPS for the current fiscal year. The objective of using RSI is to help the trader identify over sold and overbought price areas. The firm had revenue of $787.33 million for the quarter, compared to analysts' expectations of $764.84 million. Geosphere Capital Management who had been investing in Patterson Uti Energy Inc for a number of months, seems to be bullish on the $4.01B market cap company. Vanguard Group Inc. now owns 16,761,217 shares of the oil and gas company's stock valued at $338,409,000 after purchasing an additional 3,115,388 shares in the last quarter. About 12.78M shares traded or 268.37% up from the average. Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has risen 32.91% since February 8, 2017 and is uptrending.

Short interest or otherwise called the percentage of a stock's tradable shares now being shorted is another data that investors use to get a handle on sentiment. Its down 0.25, from 1.66 in 2017Q2. It dropped, as 40 investors sold PTEN shares while 64 reduced holdings. However, its trading capacity stayed around 3.12 million shares in normal days. Buckingham Capital invested 1.16% in Patterson-UTI Energy, Inc.

TWTR now trades at a forward P/E of 58.12, a P/B of 4.10, and a P/S of 8.62 while PTEN trades at a forward P/E of 10915.00, a P/B of 1.29, and a P/S of 2.85. (NASDAQ:PTEN). Old Mutual Customised Solutions (Proprietary) reported 0.01% in Patterson-UTI Energy, Inc. Shareholders of record on Thursday, March 8th will be given a $0.02 dividend. Thrivent For Lutherans reported 2.31M shares.

Irving Kahn increased its stake in Patterson Energy (PTEN) by 39.44% based on its latest 2017Q3 regulatory filing with the SEC. First Advsrs Limited Partnership holds 262,059 shares or 0.01% of its portfolio. Blackrock Incorporated accumulated 119,150 shares. Investec Asset Mgmt Ltd reported 500,796 shares. Dupont Capital Management reported 9,644 shares. It focuses to invest in the United States and Canada. (NASDAQ:PTEN) advice adding it to buy candidate list. Therefore 71% are positive. As per Tuesday, September 5, the company rating was upgraded by JP Morgan. The firm earned "Sector Outperform" rating on Friday, October 9 by IBC. Valueworks Ltd Liability stated it has 1.64% of its portfolio in Patterson-UTI Energy, Inc. RBC Capital Markets maintained it with "Buy" rating and $29.0 target in Friday, September 1 report. Hap Trading Llc sold 1.48 million shares as Patterson Uti Energy Inc (NASDAQ:PTEN)'s stock declined 16.81%. The rating was upgraded by Guggenheim to "Buy" on Tuesday, February 14. As a group, "Oil & Gas Drilling" companies have a potential upside of 33.98%. The rating was maintained by BMO Capital Markets with "Hold" on Wednesday, June 21. As per Thursday, August 10, the company rating was maintained by Cowen & Co. Citigroup maintained the stock with "Neutral" rating in Wednesday, July 13 report. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty have assigned a buy rating to the company's stock. Therefore 29% are positive. Fusion Telecommunications International had 6 analyst reports since January 4, 2017 according to SRatingsIntel. Stifel Nicolaus maintained Littelfuse, Inc. The rating was maintained by Oppenheimer on Tuesday, July 18 with "Buy". Finally, BidaskClub raised shares of Patterson-UTI Energy from a hold rating to a buy rating in a research note on Saturday, January 13th. The rating was upgraded by Gabelli on Wednesday, September 14 to "Buy". The company was downgraded on Monday, March 28 by Howard Weil. The stock of Patterson-UTI Energy, Inc. (NASDAQ:LFUS) has "Hold" rating given on Wednesday, January 31 by Stifel Nicolaus. Deutsche Natl Bank Ag has invested 0.03% of its portfolio in Rogers Communications Inc. (NASDAQ:LFUS) rating on Friday, August 26. BMO Capital Markets has "Market Perform" rating and $85.0 target.

Investors sentiment increased to 1.49 in Q3 2017. Its up 0.02, from 0.72 in 2017Q2. Wespac Advisors reported 0.59% stake. Art Ltd invested 0.02% in Littelfuse, Inc. (NASDAQ:FSNN) to report earnings on March, 19. Geosphere holds 140,000 shares. Fincl Bank Of America De, a North Carolina-based fund reported 4.44 million shares. Virginia Retirement Systems Et Al holds 159,614 shares or 0.04% of its portfolio. Cambridge Rech Advisors holds 0.04% in Rogers Communications Inc. Employees Retirement Systems Of Ohio stated it has 89,984 shares or 0.01% of all its holdings.

In the liquidity ratio analysis; current ratio was 0.6 while Total Debt/Equity ratio was 0.56.

The Piotroski score is a discrete score between 0-9 that reflects nine criteria used to determine the strength of a company's financial position.

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