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5-day change | 1st Jan Change | ||
10.68 USD | +0.85% | -5.07% | -1.11% |
May. 02 | Transcript : Patterson-UTI Energy, Inc., Q1 2024 Earnings Call, May 02, 2024 | |
May. 02 | North American Morning Briefing : Stock Futures -2- | DJ |
Summary
- The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
Strengths
- Its core activity has a significant growth potential and sales are expected to surge, according to Standard & Poor's' forecast. Indeed, those may increase by 63% by 2026.
- The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
- The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
- The company's share price in relation to its net book value makes it look relatively cheap.
- The company has a low valuation given the cash flows generated by its activity.
- Over the last twelve months, the sales forecast has been frequently revised upwards.
- Analysts covering this company mostly recommend stock overweighting or purchase.
- The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
- Over the past twelve months, analysts' opinions have been strongly revised upwards.
Weaknesses
- The company's earnings growth outlook lacks momentum and is a weakness.
- For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.
- For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
- For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.
- Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
Ratings chart - Surperformance
Chart ESG Refinitiv
Sector: Oil & Gas Drilling
1st Jan change | Capi. | Investor Rating | ESG Refinitiv | |
---|---|---|---|---|
-1.11% | 4.27B | B- | ||
+2.12% | 16.68B | - | ||
+4.01% | 9.2B | B- | ||
-8.49% | 6.29B | C- | ||
-16.75% | 5.83B | - | ||
-0.47% | 4.71B | B | ||
-12.28% | 4.4B | B- | ||
+9.28% | 3.88B | B- | ||
+6.24% | 3.73B | C+ | ||
-20.42% | 3.61B | - |
Financials
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