Patterson-UTI Energy Inc (NASDAQ: PTEN) has reported a loss for its fourth fiscal quarter (ending December 31) of $-0.13 versus $0.15 for the same period a year ago — a decline of -187%. E.P.S. were $-2.44 for the latest four quarters through December 31 versus $0.88 for the same period a year ago — a decline of -377%.
Recent Price Action
On 2/6/25, Patterson-UTI Energy Inc (NASDAQ: PTEN) stock was unchanged 0.0%, closing at $8.38. Moreover, this flat performance was accompanied by unusually high trading volume at 181% of normal. Relative to the market the stock has been weak over the last nine months but has risen 1.3% during the last week.
Current PriceTarget Research Rating
Patterson-UTI Energy has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Patterson-UTI Energy has a very high Appreciation Score of 87 but a very low Power Rating of 4, triggering the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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