Patterson-UTI Energy is an oil & gas drilling business based in the US. Patterson-UTI Energy shares (PTEN.US) are listed on the NASDAQ and all prices are listed in US dollars. Its last market close was $11.53 – a decrease of 0.6% over the previous day. Patterson-UTI Energy employs 10,600 staff and has a trailing 12-month revenue of around $4.1 billion.
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Over the last 12 months, Patterson-UTI Energy's shares have ranged in value from as little as $9.5164 up to $15.9548. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Patterson-UTI Energy's is 2.243. This would suggest that Patterson-UTI Energy's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Historical closes compared with the last close of $11.53
| 1 week (2024-04-18) | 0.17% |
|---|---|
| 1 month (2024-03-25) | -1.37% |
| 3 months (2024-01-25) | 6.96% |
| 6 months (2023-10-25) | -11.58% |
| 1 year (2023-04-23) | -7.54% |
| 2 years (2022-04-25) | -27.48% |
| 3 years (2021-04-25) | 79.60% |
| 5 years (2019-04-25) | -19.26% |
The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.
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Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Patterson-UTI Energy P/E ratio, PEG ratio and EBITDA
Patterson-UTI Energy's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Patterson-UTI Energy stocks trade at around 13x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Patterson-UTI Energy's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.4044. A PEG ratio below 1 can be interpreted as meaning the shares are not overvalued given the current rate of growth.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Patterson-UTI Energy's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.
Patterson-UTI Energy's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $1.2 billion.
The EBITDA is a measure of a Patterson-UTI Energy's overall financial performance and is widely used to measure a its profitability.
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