Patterson-UTI Energy IncFind Ratings Reports
PATTERSON-UTI ENERGY INC's gross profit margin for the first quarter of its fiscal year 2017 has significantly decreased when compared to the same period a year ago. The company managed to grow both sales and net income at a faster pace than the average competitor in its industry this quarter as compared to the same quarter a year ago. PATTERSON-UTI ENERGY INC is extremely liquid. Currently, the Quick Ratio is 2.31 which clearly shows the ability to cover any short-term cash needs. The company's liquidity has increased from the same period last year.
During the same period, stockholders' equity ("net worth") has increased by 6.91% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face financial difficulties in the near future.
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|Income Statement||Q1 FY17||Q1 FY16|
|Net Sales ($mil)||305.18||268.94|
|Net Income ($mil)||-63.54||-70.5|
|Balance Sheet||Q1 FY17||Q1 FY16|
|Cash & Equiv. ($mil)||466.61||186.56|
|Total Assets ($mil)||4178.62||4398.17|
|Total Debt ($mil)||598.52||841.53|
|Profitability||Q1 FY17||Q1 FY16|
|Gross Profit Margin||24.47||36.49|
|Return on Assets||-7.45||-8.5|
|Return on Equity||-11.7||-15.02|
|Debt||Q1 FY17||Q1 FY16|
|Share Data||Q1 FY17||Q1 FY16|
|Shares outstanding (mil)||166.33||147.17|
|Div / share||0.02||0.1|
|Book value / share||16.0||16.92|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||4791154.0||3845590.0|
SELL. This stock’s P/E ratio is negative, making its value useless in the assessment of premium or discount valuation, only displaying that the company has negative earnings per share. Conducting a second comparison, its price-to-book ratio of 1.22 indicates a significant discount versus the S&P 500 average of 3.09 and a discount versus the industry average of 2.56. The price-to-sales ratio is well above both the S&P 500 average and the industry average, indicating a premium. The valuation analysis reveals that, PATTERSON-UTI ENERGY INC seems to be trading at a premium to investment alternatives within the industry.
|PTEN NM||Peers 85.84||PTEN 14.79||Peers 19.24|
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.
PTEN's P/E is negative making this valuation measure meaningless.
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
PTEN is trading at a discount to its peers.
|PTEN 3904.00||Peers 67.12||PTEN NA||Peers 0.26|
Neutral. The absence of a valid price-to-projected earnings ratio happens when a stock can not be valued on the basis of a negative expected future earnings.
PTEN's ratio is negative making this valuation measure meaningless.
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
Ratio not available.
|PTEN 1.22||Peers 2.56||PTEN 18.04||Peers -69.44|
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
PTEN is trading at a significant discount to its peers.
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
PTEN is expected to have an earnings growth rate that significantly exceeds its peers.
|PTEN 3.41||Peers 2.74||PTEN -36.64||Peers -21.27|
Premium. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
PTEN is trading at a premium to its industry on this measurement.
Lower. A sales growth rate that trails the industry implies that a company is losing market share.
PTEN significantly trails its peers on the basis of sales growth