While Patterson-UTI Energy Inc has overperformed by 0.55%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, PTEN fell by -33.17%, with highs and lows ranging from $9.57 to $5.12, whereas the simple moving average fell by -18.92% in the last 200 days.
On July 15, 2025, Piper Sandler started tracking Patterson-UTI Energy Inc (NASDAQ: PTEN) recommending Neutral. A report published by Citigroup on May 19, 2025, Downgraded its rating to ‘Neutral’ for PTEN. Goldman December 13, 2024d the rating to Buy on December 13, 2024, and set its price target from $11 to $10. The Benchmark Company January 16, 2024d its ‘Buy’ rating to ‘Hold’ for PTEN, as published in its report on January 16, 2024. Goldman’s report from December 19, 2023 suggests a price prediction of $12 for PTEN shares, giving the stock a ‘Neutral’ rating. Morgan Stanley also rated the stock as ‘Equal-Weight’.
Analysis of Patterson-UTI Energy Inc (PTEN)
A return on investment can be expected regardless of PTEN’s performance over the next quarter with the dividend set at $0.32 per share. Further, the quarter-over-quarter decrease in sales is -9.56%, showing a negative trend in the upcoming months.
To gain a thorough understanding of Patterson-UTI Energy Inc’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of -27.16% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.50, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and PTEN is recording an average volume of 9.01M. On a monthly basis, the volatility of the stock is set at 4.41%, whereas on a weekly basis, it is put at 4.01%, with a gain of 0.73% over the past seven days. Furthermore, long-term investors anticipate a median target price of $7.43, showing growth from the present price of $5.52, which can serve as yet another indication of whether PTEN is worth investing in or should be passed over.
How Do You Analyze Patterson-UTI Energy Inc Shares?
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 9.90%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 102.64% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
