Propetro Holding Corp Stock Gross Profit
| PUMP Stock | USD 5.52 0.26 4.94% |
ProPetro Holding's fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting ProPetro Stock price.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. ProPetro Holding Corp Company Gross Profit Analysis
ProPetro Holding's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Current ProPetro Holding Gross Profit | 338.93 M |
Most of ProPetro Holding's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ProPetro Holding Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
| Competition |
According to the company disclosure, ProPetro Holding Corp reported 338.93 M of gross profit. This is 99.72% lower than that of the Energy Equipment & Services sector and 34.53% lower than that of the Energy industry. The gross profit for all United States stocks is 98.76% higher than that of the company.
ProPetro Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ProPetro Holding's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ProPetro Holding could also be used in its relative valuation, which is a method of valuing ProPetro Holding by comparing valuation metrics of similar companies.ProPetro Holding is currently under evaluation in gross profit category among its peers.
ProPetro Fundamentals
| Return On Equity | -0.17 | ||||
| Return On Asset | 0.0215 | ||||
| Profit Margin | (0.11) % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 658.32 M | ||||
| Shares Outstanding | 103.97 M | ||||
| Shares Owned By Insiders | 23.60 % | ||||
| Shares Owned By Institutions | 86.32 % | ||||
| Number Of Shares Shorted | 13.2 M | ||||
| Price To Earning | 17.25 X | ||||
| Price To Book | 0.70 X | ||||
| Price To Sales | 0.42 X | ||||
| Revenue | 1.44 B | ||||
| Gross Profit | 338.93 M | ||||
| EBITDA | 50.3 M | ||||
| Net Income | (137.86 M) | ||||
| Cash And Equivalents | 69.79 M | ||||
| Cash Per Share | 0.67 X | ||||
| Total Debt | 175.42 M | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 1.34 X | ||||
| Book Value Per Share | 7.92 X | ||||
| Cash Flow From Operations | 252.29 M | ||||
| Short Ratio | 6.55 X | ||||
| Earnings Per Share | (1.44) X | ||||
| Target Price | 7.22 | ||||
| Number Of Employees | 1.9 K | ||||
| Beta | 1.14 | ||||
| Market Capitalization | 573.9 M | ||||
| Total Asset | 1.22 B | ||||
| Retained Earnings | (68.83 M) | ||||
| Working Capital | 69.95 M | ||||
| Current Asset | 287.84 M | ||||
| Current Liabilities | 276.91 M | ||||
| Net Asset | 1.22 B |
About ProPetro Holding Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ProPetro Holding Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProPetro Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProPetro Holding Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with ProPetro Holding
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ProPetro Holding position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ProPetro Holding will appreciate offsetting losses from the drop in the long position's value.Moving together with ProPetro Stock
Moving against ProPetro Stock
| 0.68 | VTOL | Bristow Group | PairCorr |
| 0.68 | EFXT | Enerflex | PairCorr |
| 0.56 | FET | Forum Energy Technologies | PairCorr |
| 0.5 | KGS | Kodiak Gas Services, | PairCorr |
| 0.49 | BKR | Baker Hughes | PairCorr |
The ability to find closely correlated positions to ProPetro Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ProPetro Holding when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ProPetro Holding - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ProPetro Holding Corp to buy it.
The correlation of ProPetro Holding is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ProPetro Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ProPetro Holding Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ProPetro Holding can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for ProPetro Stock Analysis
When running ProPetro Holding's price analysis, check to measure ProPetro Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ProPetro Holding is operating at the current time. Most of ProPetro Holding's value examination focuses on studying past and present price action to predict the probability of ProPetro Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProPetro Holding's price. Additionally, you may evaluate how the addition of ProPetro Holding to your portfolios can decrease your overall portfolio volatility.