The company has market cap of $3.99 billion. The companyÂ's Contract Drilling segment markets its contract drilling services primarily in Texas, southeastern New Mexico, northern Louisiana, Colorado, Wyoming, North Dakota, Oklahoma, Pennsylvania, Ohio, West Virginia, and western Canada. It now has negative earnings. The Company owns and operates a fleet of land-based drilling rigs and a fleet of pressure pumping equipment in the United States. The oil and gas company reported ($0.10) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.08) by ($0.02). So far, the stock has reached a high of 60.68 and bottomed out at 58.52. Patterson-UTI Energy is trading at a lower price-to-earnings ratio than its rivals, indicating that it is now more affordable than other companies in its industry. VeriSign, Inc. (NASDAQ:VRSN) has risen 7.59% since February 9, 2017 and is uptrending. It has underperformed by 2.45% the S&P500.
Investors sentiment decreased to 1.41 in 2017 Q3. Its down 0.99, from 2.73 in 2017Q2. Utd Automobile Association has 533,744 shares for 0.03% of their portfolio. 30 funds opened positions while 117 raised stakes. Proshare Advsr Limited Liability Corp has 31,147 shares for 0.01% of their portfolio. Tower Research Cap Limited Liability Com (Trc) owns 738 shares for 0% of their portfolio. Bankshares Of Montreal Can holds 254,555 shares or 0% of its portfolio. (NASDAQ:PTEN). Mraz Amerine And Assocs owns 33,900 shares. Credit Suisse maintained the shares of PTEN in report on Friday, September 22 with "Neutral" rating. Legal And General Gru Plc accumulated 271,342 shares. Spectrum Management Group Incorporated Incorporated reported 0.06% of its portfolio in Monroe Capital Corporation (NASDAQ:MRCC).
Investors may be setting their sights on shares of Hormel Foods Corp (HRL). Wespac Advisors reported 0.59% stake. Lmr Prns Llp holds 0.1% or 43,419 shares. Bridgeway Mgmt Incorporated reported 0.01% stake. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and twenty have issued a buy rating to the company's stock. Therefore 71% are positive. Stifel Nicolaus maintained it with "Buy" rating and $53.0 target in Thursday, January 25 report. RBC Capital Markets maintained it with "Buy" rating and $29.0 target in Friday, September 1 report. The rating was maintained by Citigroup with "Neutral" on Monday, October 5. The rating was maintained by Susquehanna with "Positive" on Wednesday, March 9. The stock of Monroe Capital Corporation (NASDAQ:MRCC) earned "Market Outperform" rating by JMP Securities on Monday, November 13. BMO Capital Markets initiated ServiceNow, Inc. The rating was upgraded by Guggenheim to "Buy" on Tuesday, February 14. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.23 and a quick ratio of 1.16.
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The company reported a net profit of $195.4 million, compared to a loss of $78.1 million a year earlier, benefiting from a almost $227 million gain from new USA tax laws. The fund prefers to invest in casinos and gaming, broadcasting, publishing, alcoholic beverage and tobacco distribution, gas and oil, insurance, pharmaceuticals and bio sciences, aerospace and defense, commercial printing, natural rubber, glass, container and packaging, metals and mining, and real estate. It has a 601.33 P/E ratio. It focuses to invest in the United States and Canada. Patterson-UTI Energy's dividend payout ratio (DPR) is presently -5.16%. Royal Savings Bank Of Canada stated it has 0% in Patterson-UTI Energy, Inc. The lowest target is $85.0 while the high is $95.0. Ares Mgmt Ltd Liability Company invested in 22,148 shares or 0.02% of the stock. (NYSE:NOW) rating on Tuesday, September 20. The company was maintained on Wednesday, October 11 by BMO Capital Markets. The firm has "Underweight" rating by Stephens given on Monday, April 18. Patterson-UTI Energy Inc had 103 analyst reports since July 28, 2015 according to SRatingsIntel. (NASDAQ:PTEN) for 19,735 shares. The rating was maintained by Cowen & Co with "Hold" on Friday, July 7. Finally, Howard Weil upgraded Patterson-UTI Energy from a sector perform rating to a sector outperform rating in a report on Friday, January 12th. (NASDAQ:PTEN) has "Overweight" rating given on Wednesday, June 29 by Piper Jaffray. Davenport & Limited Liability Company owns 11,440 shares or 0% of their U.S. portfolio. (NASDAQ:PTEN). 2,600 are owned by Ranger Invest Mgmt Ltd Partnership.
Patterson-UTI Energy Inc, which is dealing with the fallout of a drilling accident that killed five workers last month, reported a bigger-than-expected quarterly loss on Thursday as expenses more than doubled. It has outperformed by 16.21% the S&P500.
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