|Last Update: 05/23/13 - 4:00 PM EDT|
|YTD Performance: 23.56%|
|Previous Close: $22.32|
|52 Week Range: $12.81 - $25.48|
|Oustanding Shares: 146,889,903|
|Market Cap: 3,381,405,567|
|Qtr (06/13)||Qtr (09/13)||FY (12/13)||FY (12/14)|
|Number of Analysts||14||14||15||15|
|Growth Rate (Year over Year)||-35.42%||-8.06%||-25.75%||16.73%|
PTEN was downgraded from Neutral to Sell, Goldman Sachs said. Valuation call, as the stock is up 20% year-to-date. $24 price target.
PTEN was upgraded to Buy from Neutral, Guggenheim said. $30 price target. Still cheap following YTD performance.
PTEN estimates were boosted through 2014, BMO Capital said. Company is seeing higher demand for pressure pumping. Outperform rating and new $25 price target.
PTEN was upgraded from Hold to Buy, Deutsche Bank said. $28 price target. Company is leveraged to improving natural gas fundamentals.
Shares of PTEN now seen reaching $18, according to Guggenheim. Estimates also increased, as the company is cutting capital costs. Neutral rating.
PTEN was initiated with a Buy rating, Wunderlich said. $20 price target. Company is leveraged to higher demand for land drilling and pressure pumping.
PTEN was upgraded from Underperform to Outperform, BMO Capital said. $20 price target. Consensus earnings expectations have come down to a more reasonable level.
This is my favorite metric for finding names that are ripe for the picking.
Energy and human resources stocks fit that description right now, making this a good time to buy.
Or, at least read Professor Damodaran's book, which assesses many investment approaches and exposes the flaws of each.