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Stock impact report

Patterson UTI Energy (PTEN) Valuation Check After Recent Share Price Pullback And Merger Synergy Expectations [Yahoo! Finance]

Patterson-UTI Energy, Inc. (PTEN) 
Last patterson-uti energy, inc. earnings: 4/23 06:01 am Check Earnings Report
US:NASDAQ Investor Relations: patenergy.com
Company Research Source: Yahoo! Finance
See our latest analysis for Patterson-UTI Energy. Against that 1 day share price decline, Patterson-UTI Energy's 30 day share price return of 9.66% and 90 day share price return of 20.11% sit alongside a 1 year total shareholder return of 15.61% decline. This suggests recent momentum has picked up after a tougher year for holders. If Patterson-UTI's recent swings have you thinking about where else capital might work harder, it could be a good time to scan aerospace and defense stocks for other ideas. With Patterson-UTI trading at US$6.81, sitting at a small discount to the average analyst price target and a much larger model based intrinsic value estimate, you have to ask: is this a mispriced opportunity, or is the market already baking in the road ahead? The most followed narrative puts Patterson-UTI Energy's fair value at about US$7.20 per share, slightly above the last close at US$6.81, and frames the stock as modestly mispriced on a discounted cash flow basis. Successfu Show less Read more
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