Patterson-UTI Energy, Inc. (PTEN) Trades at $23.65 After Triangle; Profile of 6 Analysts Covering Golden Ocean Group Limited (GOGL)

Patterson-UTI Energy, Inc. (PTEN) formed triangle with $22.23 target or 6.00% below today’s $23.65 share price. Patterson-UTI Energy, Inc. (PTEN) has $5.26 billion valuation. The stock decreased 2.67% or $0.65 during the last trading session, reaching $23.65. About 792,967 shares traded. Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has risen 32.91% since January 9, 2017 and is uptrending. It has outperformed by 16.21% the S&P500.

Among 7 analysts covering Golden Ocean Group (NASDAQ:GOGL), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Golden Ocean Group had 15 analyst reports since September 1, 2015 according to SRatingsIntel. The stock of Golden Ocean Group Limited (NASDAQ:GOGL) has “Underweight” rating given on Tuesday, December 15 by Morgan Stanley. The firm has “Underweight” rating given on Tuesday, January 26 by JP Morgan. DNB Markets upgraded Golden Ocean Group Limited (NASDAQ:GOGL) on Monday, March 7 to “Buy” rating. Morgan Stanley upgraded the shares of GOGL in report on Tuesday, March 28 to “Overweight” rating. JP Morgan upgraded the shares of GOGL in report on Friday, April 7 to “Overweight” rating. The firm has “Neutral” rating by JP Morgan given on Wednesday, March 1. Nordea upgraded Golden Ocean Group Limited (NASDAQ:GOGL) on Tuesday, March 22 to “Buy” rating. Zacks downgraded the shares of GOGL in report on Tuesday, September 1 to “Buy” rating. DNB Markets upgraded the shares of GOGL in report on Thursday, April 6 to “Buy” rating. The company was downgraded on Tuesday, February 9 by Clarkson Capital. See Golden Ocean Group Limited (NASDAQ:GOGL) latest ratings:

Analysts await Patterson-UTI Energy, Inc. (NASDAQ:PTEN) to report earnings on February, 8. They expect $-0.08 EPS, up 84.91% or $0.45 from last year’s $-0.53 per share. After $-0.16 actual EPS reported by Patterson-UTI Energy, Inc. for the previous quarter, Wall Street now forecasts -50.00% EPS growth.

Investors sentiment decreased to 1.41 in 2017 Q3. Its down 0.25, from 1.66 in 2017Q2. It is negative, as 40 investors sold Patterson-UTI Energy, Inc. shares while 64 reduced holdings. 30 funds opened positions while 117 raised stakes. 207.11 million shares or 3.18% more from 200.72 million shares in 2017Q2 were reported. Buckingham Cap Mngmt Incorporated holds 418,047 shares or 1.16% of its portfolio. Weiss Multi invested in 100,734 shares or 0.08% of the stock. First Advsrs Lp invested 0.01% in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). 19,735 are owned by Woodstock. Moreover, Pointstate Cap L P has 0.43% invested in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) for 2.40M shares. Virginia Retirement Et Al, Virginia-based fund reported 159,614 shares. Hap Trading Ltd invested in 0.03% or 34,832 shares. 453,345 are owned by Rhumbline Advisers. Rbf Limited Liability Company reported 0.16% stake. Ameritas Invest accumulated 94,433 shares. Systematic Mngmt Lp accumulated 164,675 shares. Fmr Lc invested 0% in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Credit Suisse Ag holds 0.01% of its portfolio in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) for 269,994 shares. Morgan Stanley holds 0.01% in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) or 1.14 million shares. 33,757 are held by Us Bankshares De.

Among 31 analysts covering Patterson-UTI Energy Inc (NASDAQ:PTEN), 21 have Buy rating, 1 Sell and 9 Hold. Therefore 68% are positive. Patterson-UTI Energy Inc had 95 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has “Hold” rating given on Wednesday, October 18 by Cowen & Co. BMO Capital Markets maintained it with “Hold” rating and $23.0 target in Wednesday, October 11 report. On Tuesday, June 6 the stock rating was maintained by Jefferies with “Buy”. The rating was upgraded by Simmons & Co to “Overweight” on Wednesday, June 29. The company was upgraded on Wednesday, April 5 by Nomura. The firm has “Hold” rating given on Thursday, September 14 by Cowen & Co. Macquarie Research initiated the shares of PTEN in report on Friday, January 8 with “Neutral” rating. The rating was upgraded by KeyBanc Capital Markets on Wednesday, January 4 to “Overweight”. The stock of Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has “Buy” rating given on Monday, July 10 by Piper Jaffray. The rating was downgraded by Howard Weil on Monday, March 28 to “Sector Perform”.

The stock decreased 2.38% or $0.22 during the last trading session, reaching $9.02. About 20,608 shares traded. Golden Ocean Group Limited (NASDAQ:GOGL) has risen 93.33% since January 9, 2017 and is uptrending. It has outperformed by 76.63% the S&P500.

Golden Ocean Group Limited, a shipping company, engages in the transportation of bulk commodities worldwide. The company has market cap of $1.32 billion. It owns and operates a fleet of dry bulk vessels, including Newcastlemax, Capesize, Kamsarmax, Panamax, and Supramax vessels. It currently has negative earnings. The firm transports bulk commodities, such as ores, coal, grains, and fertilizers along worldwide shipping routes.