NASDAQ:ACDC

ProFrac (ACDC) Stock Forecast, Price & News

$11.40

+0.79 (+7.45%)

(As of 05:37 PM ET)

Compare

Today's Range: $10.76
▼
$11.46
50-Day Range: $10.21
▼
$12.87
52-Week Range: $9.01
▼
$27.00

Volume: 804,602 shs
Average Volume: 659,407 shs
Market Capitalization: $1.81 billion

P/E Ratio: 4.98
Dividend Yield: N/A
Price Target: $22.50

ProFrac MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 97.4% Upside
$22.50 Price Target
Short Interest: Healthy
1.95% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.82
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 48.67%
From $1.13 to $1.68 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.45 out of 5 stars

Oils/Energy Sector

91st out of 247 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

8th out of 20 stocks

3.4

Analyst's Opinion

Consensus Rating
ProFrac has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $22.50, ProFrac has a forecasted upside of 97.4% from its current price of $11.40.
Amount of Analyst Coverage
ProFrac has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.95% 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 5.4.
Change versus previous month
Short interest in ProFrac has recently decreased by 4.32%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
ProFrac does not currently pay a dividend.
Dividend Growth
ProFrac does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ACDC.

2.7

News and Social Media Coverage

News Sentiment
ProFrac has a news sentiment score of 0.82. 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 news sentiment score is similar to the average news sentiment of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for ProFrac this week, compared to 1 article on an average week.
Search Interest
3 people have searched for ACDC on MarketBeat in the last 30 days. This is an increase of 50% 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.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ProFrac insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.60% of the stock of ProFrac is held by insiders.

3.1

Earnings and Valuation

Earnings Growth
Earnings for ProFrac are expected to grow by 48.67% in the coming year, from $1.13 to $1.68 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of ProFrac is 4.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.58.
Price to Earnings Ratio vs. Sector
The P/E ratio of ProFrac is 4.98, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 9.42.

See Top Rated MarketRank™ Stocks Here

About ProFrac (NASDAQ:ACDC) Stock

ProFrac Holding Corp., an integrated energy services company, provides stimulation services, proppants production, and other complementary products and services to oil and gas companies in the United States. It operates through three segments: Stimulation Services, Manufacturing, and Proppant Production. The company also manufactures and sells high horsepower pumps, valves, piping, swivels, large-bore manifold systems, seats, and fluid ends. ProFrac Holding Corp. was founded in 2016 and is headquartered in Willow Park, Texas.

ACDC Price History

30 days | 90 days | 365 days | Advanced Chart

ACDC Stock News Headlines

September 23, 2023 | americanbankingnews.com

Nine Energy Service (NYSE:NINE) & ProFrac (NASDAQ:ACDC) Critical Comparison

September 19, 2023 | finance.yahoo.com

Small Oilfield Service Companies May Have Big Upside

September 27, 2023 | Behind the Markets (Ad)

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September 19, 2023 | americanbankingnews.com

ProFrac Holding Corp. (NASDAQ:ACDC) Short Interest Down 5.5% in August

September 16, 2023 | msn.com

ProFrac Holdings: A Whole-Lot Of Frac'ing Going On

August 25, 2023 | msn.com

ProFrac defeats Halliburton patent lawsuit over e-fracking technology

August 15, 2023 | markets.businessinsider.com

Stifel Nicolaus Remains a Buy on ProFrac Holding (ACDC)

August 14, 2023 | insidermonkey.com

ProFrac Holding Corp. (NASDAQ:ACDC) Q2 2023 Earnings Call Transcript

September 27, 2023 | Chaikin Analytics (Ad)

This Stock Could Go Up 66% or More.

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August 11, 2023 | finance.yahoo.com

ProFrac Holding Corp. (ACDC) Lags Q2 Earnings and Revenue Estimates

August 10, 2023 | finance.yahoo.com

ProFrac Holding Corp. Reports Second Quarter 2023 Financial and Operational Results

August 2, 2023 | finance.yahoo.com

The Trend Of High Returns At ProFrac Holding (NASDAQ:ACDC) Has Us Very Interested

July 24, 2023 | finance.yahoo.com

ProFrac Holding Corp. Announces Second Quarter 2023 Earnings Release and Conference Call Schedule

July 6, 2023 | finance.yahoo.com

Shareholders in ProFrac Holding (NASDAQ:ACDC) are in the red if they invested a year ago

June 27, 2023 | seekingalpha.com

ProFrac: Playing With Fire

June 21, 2023 | finance.yahoo.com

ProFrac Holding Corp. to Participate in JP Morgan Energy, Power and Renewables Conference

June 19, 2023 | seekingalpha.com

ProFrac Holding: Last Quarter Bump In The Road, Better Times Ahead

June 17, 2023 | msn.com

This Top Insider Remains Bullish on ProFrac (NASDAQ:ACDC) Stock

June 16, 2023 | benzinga.com

ProFrac Holding 10% Owner Trades $3.82M In Company Stock

June 13, 2023 | seekingalpha.com

ProFrac Holding: Industry Positioning Makes This Name A Buy

June 9, 2023 | finance.yahoo.com

ProFrac Holding Corp. (NASDAQ:ACDC) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?

May 30, 2023 | markets.businessinsider.com

ProFrac Holding (ACDC) Gets a Buy from Stifel Nicolaus

May 25, 2023 | benzinga.com

ProFrac Holding 10% Owner Makes $5.49M Stock Purchase

May 15, 2023 | msn.com

Senior ProFrac execs reject 42% of RSUs from their 2022 LTIP

May 15, 2023 | finance.yahoo.com

ProFrac Holding Corp. Executive Chairman and CEO Decline Restricted Stock Units

May 14, 2023 | seekingalpha.com

ProFrac Holding Corp (ACDC) Q1 2023 Earnings Call Transcript

May 13, 2023 | finance.yahoo.com

ProFrac Holding Corp. (NASDAQ:ACDC) Analysts Are Cutting Their Estimates: Here's What You Need To Know

See More Headlines

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ACDC Company Calendar

Last Earnings: 8/10/2023
Today: 9/27/2023
Next Earnings (Estimated): 11/13/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Oil & gas field services, not elsewhere classified
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: NASDAQ:ACDC
CUSIP: N/A
CIK: 1881487
Web: www.profrac.com
Phone: 254-776-3722
Fax: N/A
Employees: 3,664
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $22.50
High Stock Price Forecast: $35.00
Low Stock Price Forecast: $15.00
Forecasted Upside/Downside: +97.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.29
Trailing P/E Ratio: 4.97
Forward P/E Ratio: 10.06
P/E Growth: N/A
Net Income: $91.50 million
Net Margins: 3.44%
Pretax Margin: 10.86%
Return on Equity: -202.01%
Return on Assets: 6.23%

Debt

Debt-to-Equity Ratio: 0.80
Current Ratio: 0.99
Quick Ratio: 0.63

Sales & Book Value

Annual Sales: $2.43 billion
Price / Sales: 0.75
Cash Flow: $3.13 per share
Price / Cash Flow: 3.63
Book Value: ($7.03) per share
Price / Book: -1.62

Miscellaneous

Outstanding Shares: 159,000,000
Free Float: 154,863,000
Market Cap: $1.81 billion
Optionable: Optionable
Beta: 0.94

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Key Executives

Mr. Matthew D. Wilks (Age 40)
Exec. Chairman & Pres
Comp: $1.18M

Mr. Johnathan L. Wilks (Age 38)
Chief Exec. Officer
Comp: $1.2M

Mr. Lance D. Turner (Age 43)
Chief Financial Officer
Comp: $1.34M

Mr. Robert J. Willette (Age 47)
Chief Legal Officer, Chief Compliance Officer & Corp. Sec.
Comp: $1.3M

Mr. Phillip Blaine Wilbanks (Age 39)
Chief Operating Officer

Ms. Heather Klein (Age 35)
Chief Admin. Officer

Mr. Jeremy Folmar
Sr. VP of Sales

Mr. Matthew Greenwood (Age 39)
Chief Commercial Officer

Mr. Paul Kaster
Sr. VP of HSE, Compliance & Training

Mr. Jeremy Spriggs
Sr. VP of Operations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ACDC Stock - Frequently Asked Questions

Should I buy or sell ProFrac stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ProFrac in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ACDC shares.
View ACDC analyst ratings or view top-rated stocks.
What is ProFrac's stock price forecast for 2023?: 4 brokers have issued 1 year target prices for ProFrac's stock. Their ACDC share price forecasts range from $15.00 to $35.00. On average, they expect the company's stock price to reach $22.50 in the next twelve months. This suggests a possible upside of 97.9% from the stock's current price.
View analysts price targets for ACDC or view top-rated stocks among Wall Street analysts.
How have ACDC shares performed in 2023?: ProFrac's stock was trading at $25.20 at the beginning of 2023. Since then, ACDC shares have decreased by 54.9% and is now trading at $11.37.
View the best growth stocks for 2023 here.
When is ProFrac's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our ACDC earnings forecast.
How were ProFrac's earnings last quarter?: ProFrac Holding Corp. (NASDAQ:ACDC) released its quarterly earnings results on Thursday, August, 10th. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.22 by $0.09. The business had revenue of $709.20 million for the quarter, compared to analysts' expectations of $749.97 million. ProFrac had a net margin of 3.44% and a negative trailing twelve-month return on equity of 202.01%.
What ETFs hold ProFrac's stock?: ETFs with the largest weight of ProFrac (NASDAQ:ACDC) stock in their portfolio include SPDR S&P Oil & Gas Equipment & Services ETF (XES).iShares U.S. Oil Equipment & Services ETF (IEZ).

What is ProFrac's stock symbol?: ProFrac trades on the NASDAQ under the ticker symbol "ACDC."
Who are ProFrac's major shareholders?: ProFrac's stock is owned by many different retail and institutional investors. Top institutional investors include Encompass Capital Advisors LLC (1.87%), BlackRock Inc. (1.17%), Schroder Investment Management Group (0.62%), State Street Corp (0.55%), Geode Capital Management LLC (0.42%) and Renaissance Technologies LLC (0.26%). Insiders that own company stock include Gerald W Haddock, Holdings Lp Thrc, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is ProFrac's stock price today?: One share of ACDC stock can currently be purchased for approximately $11.37.
How much money does ProFrac make?: ProFrac (NASDAQ:ACDC) has a market capitalization of $1.81 billion and generates $2.43 billion in revenue each year. The company earns $91.50 million in net income (profit) each year or $2.29 on an earnings per share basis.
How many employees does ProFrac have?: The company employs 3,664 workers across the globe.
How can I contact ProFrac?: ProFrac's mailing address is 333 SHOPS BOULEVARD SUITE 301, WILLOW PARK TX, 76087. The official website for the company is www.profrac.com. The company can be reached via phone at 254-776-3722 or via email at investors@profrac.com.

This page (NASDAQ:ACDC) was last updated on 9/27/2023 by MarketBeat.com Staff

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