Why Is ProPetro (PUMP) Up 9.4% Since Last Earnings Report?

Core Viewpoint - ProPetro Holding (PUMP) has seen a 9.4% increase in share price over the past month, outperforming the S&P 500, but recent estimates have trended downward, indicating potential challenges ahead [1][2]. Group 1: Earnings and Estimates - The consensus estimate for ProPetro has shifted downward by 48.39% over the past month, reflecting a negative outlook [2]. - The stock currently holds a Zacks Rank of 4 (Sell), suggesting expectations of below-average returns in the coming months [4]. Group 2: VGM Scores - ProPetro has a Growth Score of B, but a low Momentum Score of F, while achieving an A grade in value, placing it in the top quintile for this investment strategy [3]. Group 3: Industry Performance - ProPetro is part of the Zacks Oil and Gas - Field Services industry, where Halliburton (HAL) has gained 0.2% over the past month, despite reporting a year-over-year revenue decline of 6.7% to $5.42 billion [5]. - Halliburton's expected earnings for the current quarter are $0.57 per share, reflecting a year-over-year decrease of 28.8%, with a Zacks Rank of 4 (Sell) as well [6].