PTEN rated highly using Price/Sales Investor model based on Kenneth Fisher's strategy.

From Nasdaq: 2024-12-28 15:00:00

Validea’s guru fundamental report for PATTERSON-UTI ENERGY, INC. (PTEN) shows that it rates highest using the Price/Sales Investor model based on Kenneth Fisher’s strategy. The stock is a mid-cap growth stock in the Oil Well Services & Equipment industry, with a rating of 80% based on underlying fundamentals and valuation. The stock passes tests for Price/Sales Ratio, Total Debt/Equity Ratio, Price/Research Ratio, and Free Cash per Share, but fails in Long-Term EPS Growth Rate and Three Year Average Net Profit Margin. Kenneth Fisher is known for popularizing the use of the Price/Sales Ratio in stock analysis. Fisher Investments, his firm, is located in Woodside, California, away from Wall Street groupthink.



Read more at Nasdaq: PTEN Quantitative Stock Analysis | Nasdaq