ProFrac (ACDC) Stock Price, News & Analysis

Company Overview

ProFrac Holding Corp. operates as a technology-focused energy services holding company in the United States. It operates through three segments: Stimulation Services, Manufacturing, and Proppant Production. The company offers hydraulic fracturing, well stimulation, in-basin frac sand, and other completion services and complementary products and services to upstream oil and natural gas companies engaged in the exploration and production of unconventional oil and natural gas resources. It also manufactures and sells high horsepower pumps, valves, piping, swivels, large-bore manifold systems, and fluid ends. ProFrac Holding Corp. was founded in 2016 and is headquartered in Willow Park, Texas.

Key Stats

• Today's Range: $6.38 to $6.65
• 50-Day Range: $5.77 to $9.29
• 52-Week Range: $5.59 to $11.51
• Volume: 476,344 shs
• Average Volume: 920,039 shs
• Market Capitalization: $1.04 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $9.63
• Consensus Rating: Moderate Buy

ProFrac Stock Analysis - MarketRank™

ProFrac scored higher than 73% of companies evaluated by MarketBeat, and ranked 117th out of 253 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

ProFrac has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

ProFrac has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 1,800.00%

Earnings Growth

Earnings for ProFrac are expected to grow by 1,800.00% in the coming year, from $0.05 to $0.95 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of ProFrac is -7.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of ProFrac is -7.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

ProFrac has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.83% of the outstanding shares of ProFrac have been sold short.

Short Interest Ratio / Days to Cover

ProFrac has a short interest ratio ("days to cover") of 7.3.

Change versus previous month

Short interest in ProFrac has recently increased by 14.15%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

ProFrac does not currently pay a dividend.

Dividend Growth

ProFrac does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.83% of the outstanding shares of ProFrac have been sold short.

Short Interest Ratio / Days to Cover

ProFrac has a short interest ratio ("days to cover") of 7.3.

Change versus previous month

Short interest in ProFrac has recently increased by 14.15%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.99

News Sentiment

ProFrac has a news sentiment score of 0.99. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for ProFrac this week, compared to 2 articles on an average week.

Search Interest

6 people have searched for ACDC on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added ProFrac to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, ProFrac insiders have bought more of their company's stock than they have sold. Specifically, they have bought $12,207,161.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 2.93% of the stock of ProFrac is held by insiders.

Percentage Held by Institutions

Only 12.75% of the stock of ProFrac is held by institutions.

ACDC Stock Analysis - Frequently Asked Questions

How have ACDC shares performed this year?

ProFrac's stock was trading at $8.48 at the beginning of the year. Since then, ACDC shares have decreased by 23.1% and is now trading at $6.52.
View the best growth stocks for 2024 here.

How were ProFrac's earnings last quarter?

ProFrac Holding Corp. (NASDAQ:ACDC) released its earnings results on Friday, August, 9th. The company reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.14 by $0.12. The business earned $579.40 million during the quarter, compared to the consensus estimate of $624.64 million. ProFrac had a negative net margin of 8.58% and a negative trailing twelve-month return on equity of 2.30%.

Who are ProFrac's major shareholders?

Top institutional investors of ProFrac include AQR Capital Management LLC (0.26%), SIR Capital Management L.P. (0.23%), American Century Companies Inc. (0.20%) and Sagefield Capital LP (0.16%). Insiders that own company stock include Holdings Lp Thrc, Farris Wilks, Johnathan Ladd Wilks and Matthew Wilks.
View institutional ownership trends.

How do I buy shares of ProFrac?

Shares of ACDC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 8/09/2024
• Today: 9/19/2024
• Next Earnings (Estimated): 11/14/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Oils/Energy
• Industry: Oil & gas field services, not elsewhere classified
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NASDAQ:ACDC
• Previous Symbol: NASDAQ:PFHC
• CUSIP: N/A
• CIK: 1881487
• Web: www.profrac.com
• Phone: 254-776-3722
• Fax: N/A
• Employees: 2,949
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $9.63
• High Stock Price Target: $14.00
• Low Stock Price Target: $7.00
• Potential Upside/Downside: +46.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.93)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 131.40
• P/E Growth: N/A
• Net Income: $-97,700,000.00
• Net Margins: -8.58%
• Pretax Margin: -9.69%
• Return on Equity: -2.30%
• Return on Assets: -0.93%

Debt

• Debt-to-Equity Ratio: 0.85
• Current Ratio: 1.01
• Quick Ratio: 0.64

Sales & Book Value

• Annual Sales: $2.63 billion
• Price / Sales: 0.40
• Cash Flow: $2.99 per share
• Price / Cash Flow: 2.20
• Book Value: $7.97 per share
• Price / Book: 0.82

Miscellaneous

• Outstanding Shares: 160,150,000
• Free Float: 155,250,000
• Market Cap: $1.05 billion
• Optionable: Optionable
• Beta: 0.81