The stock had a trading volume of 835,739 shares. It is down 43.82% since October 12, 2016 and is uptrending. It has underperformed by 16.70% the S&P500.
Winch Advisory Services Llc increased Patterson (PTEN) stake by 26.68% reported in 2017Q2 SEC filing. Similarly, investors look up the share price over 12 month periods. However, if the PTEN shares go below $20.4 then it would indicate a much weaker market for the company. The stock of Snap Inc (NYSE:SNAP) has "Hold" rating given on Monday, April 3 by Argus Research. About 2.71M shares traded. Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has been trading in a bearish manner, based on the relative positions of the stock's 20 and 200 day moving averages. It has outperformed by 16.21% the S&P500. Nippon Life Invsts Americas owns 19,750 shares for 0.03% of their portfolio.
Among 30 analysts covering Patterson-UTI Energy Inc (NASDAQ:PTEN), 20 have Buy rating, 1 Sell and 9 Hold. This estimate is provided by 21 analysts. The firm has "Positive" rating given on Wednesday, March 9 by Susquehanna. The company was maintained on Friday, October 28 by Howard Weil. UBS maintained Target Corporation (NYSE:TGT) on Thursday, November 19 with "Neutral" rating. The stock has "Overweight" rating by JP Morgan on Tuesday, September 5. Patterson-UTI Energy now has a consensus rating of "Buy" and a consensus target price of $26.82. The firm has "Buy" rating by Bank of America given on Friday, August 18. The ex-dividend date of this dividend was Wednesday, September 6th. On Thursday, July 27 the stock rating was maintained by Wells Fargo with "Hold". NasdaqGS:PTEN is -0.072083. This is calculated by taking the earnings per share and dividing it by the last closing share price. The company beat the analyst EPS Estimate with the difference of $0.03. Therefore 67% are positive.
Balyasny Asset Management Lc has invested 0.01% of its portfolio in Patterson-UTI Energy, Inc. Intrepid Capital Management Inc who had been investing in Patterson Uti Energy Inc Com for a number of months, seems to be bullish on the $4.49B market cap company. (NASDAQ:PTEN). 391,644 were accumulated by Bancorporation Of Montreal Can. Citigroup has "Buy" rating and $21 target. RBC Capital Markets maintained the shares of PTEN in report on Friday, April 29 with "Outperform" rating. Patterson-UTI Energy has a 52 week low of $14.83 and a 52 week high of $29.76. As per Friday, December 16, the company rating was downgraded by Goldman Sachs. (NasdaqGS:PTEN) now has a value of 5.06%. (NASDAQ:PTEN) advice adding it to buy candidate list. After a recent check, Patterson-Uti Energy's 14-day RSI is now at 70.40, the 7-day stands at 69.07, and the 3-day is sitting at 66.25.
Investors sentiment increased to 1.66 in 2017 Q2. (NasdaqGS:PTEN) is 58. A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company. Patterson-UTI Energy, Inc. (PTEN) average trading volume of 4,538,280 during the past month is 5.69% above its average volume over the past year, indicating that investors have been more active than usual in the stock in recent times. Sold All: 44 Reduced: 61 Increased: 122 New Position: 52. 200.72 million shares or 15.08% more from 174.43 million shares in 2017Q1 were reported. Credit Suisse Ag reported 143,401 shares. BMO Capital Markets maintained Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Mason Street Ltd Limited Liability Company reported 80,768 shares.
Analysts await Patterson-UTI Energy, Inc. If Alphabet Inc. (NASDAQ:GOOG) shares can stay above the price resistance around $995.89 a share, that could help propel Alphabet Inc. The current ratio, also known as the working capital ratio, is a liquidity ratio that displays the proportion of current assets of a business relative to the current liabilities. Jefferies Group LLC set a $26.00 target price on shares of Patterson-UTI Energy and gave the stock a "buy" rating in a research note on Thursday, October 5th. Point72 Asia (Hong Kong) Ltd stated it has 4,708 shares. Elm Ridge Management Llc, a New York-based fund reported 529,959 shares.#img1#. 2,600 are held by Ranger Mngmt L P. 153,132 are owned by Bokf Na. Thrivent Financial For Lutherans invested in 0.19% or 2.24M shares. Bluecrest Limited holds 0.57% of its portfolio in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) for 60,100 shares. Comerica Bank & Trust reported 145,622 shares. Weaver C Barksdale & Assocs accumulated 250 shares or 0.01% of the stock. The Piotroski F-Score of Patterson-UTI Energy, Inc.