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Currently, there are 385.98M common shares owned by the public and among those 347.77M shares have been available to trade.
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The company’s stock has a 5-day price change of -1.18% and -0.34% over the past three months. PTEN shares are trading -45.28% year to date (YTD), with the 12-month market performance down to -29.06% lower. It has a 12-month low price of $5.12 and touched a high of $11.07 over the same period. PTEN has an average intraday trading volume of 12.70 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -4.28%, -3.09%, and -20.55% respectively.
Institutional ownership of Patterson-UTI Energy Inc (NASDAQ: PTEN) shares accounts for 97.85% of the company’s 385.98M shares outstanding.
It has a market capitalization of $2.26B and a beta (3y monthly) value of 1.31. The earnings-per-share (ttm) stands at -$2.60. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.90% over the week and 4.58% over the month.
Earnings per share for the fiscal year are expected to decrease by -86.87%, and -24.93% over the next financial year.
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Looking at the support for the PTEN, a number of firms have released research notes about the stock. Piper Sandler stated their Neutral rating for the stock in a research note on July 15, 2025, with the firm’s price target at $7. Citigroup coverage for the Patterson-UTI Energy Inc (PTEN) stock in a research note released on May 19, 2025 offered a Neutral rating with a price target of $6.50. Raymond James was of a view on January 06, 2025 that the stock is Mkt Perform, while Goldman gave the stock Buy rating on December 13, 2024, issuing a price target of $11- $10. The Benchmark Company on their part issued Hold rating on January 16, 2024.
