NYSE:FRAC - Keane Group Stock Price, Price Target & More

Keane Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "FRAC."

Keane Group (NYSE:FRAC) announced its quarterly earnings results on Wednesday, May, 2nd. The company reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $0.22 by $0.03. The business earned $513 million during the quarter, compared to analysts' expectations of $500.02 million. Keane Group had a return on equity of 13.67% and a net margin of 1.57%. The business's revenue was up 113.6% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.70) EPS. View Keane Group's Earnings History.

16 Wall Street analysts have issued 12-month target prices for Keane Group's shares. Their forecasts range from $17.00 to $25.00. On average, they anticipate Keane Group's stock price to reach $20.60 in the next year. View Analyst Ratings for Keane Group.

Some companies that are related to Keane Group include Core Laboratories (CLB), Subsea 7 (SUBCY), RPC (RES), Liberty Oilfield Services (LBRT), Oceaneering International (OII), FTS International (FTSI), C&J Energy Services (CJ), SemGroup Energy Partners (SEMG), Superior Energy Services (SPN), Select Energy Services (WTTR), Frank's International (FI), Mammoth Energy Services (TUSK), Helix Energy Solutions Group (HLX), NCS Multistage (NCSM) and Hurricane Energy (HRCXF).

(FRAC) raised $301 million in an initial public offering (IPO) on Friday, January 20th 2017. The company issued 16,700,000 shares at a price of $17.00-$19.00 per share. Citigroup, Morgan Stanley, BofA Merrill Lynch and J.P. Morgan acted as the underwriters for the IPO and Wells Fargo Securities, Simmons & Company International (Energy Specialists of Piper Jaffray), Houlihan Lokey, Guggenheim Securities, Scotia Howard Weil and Stephens were co-managers.

Headlines about FRAC stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group scores the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Keane Group earned a daily sentiment score of 0.15 on Accern's scale. They also assigned press coverage about the company an impact score of 46.62 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Keane Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Millennium Management LLC (3.24%), BlackRock Inc. (2.93%), Fisher Asset Management LLC (2.45%), Citadel Advisors LLC (1.50%), Point72 Asset Management L.P. (1.06%) and JPMorgan Chase & Co. (0.72%). Company insiders that own Keane Group stock include Elmer Dale Reed, Gregory Powell, James Carl Stewart and Keane Investor Holdings Llc. View Institutional Ownership Trends for Keane Group.

FRAC stock was sold by a variety of institutional investors in the last quarter, including Ninepoint Partners LP, Penn Capital Management Co. Inc., K.J. Harrison & Partners Inc, Tortoise Capital Advisors L.L.C., Tortoise Capital Advisors L.L.C. and New York State Common Retirement Fund. Company insiders that have sold Keane Group company stock in the last year include Elmer Dale Reed, Gregory Powell, James Carl Stewart and Keane Investor Holdings Llc. View Insider Buying and Selling for Keane Group.

FRAC stock was purchased by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Millennium Management LLC, Citadel Advisors LLC, BlackRock Inc., JPMorgan Chase & Co., Point72 Asset Management L.P., Highbridge Capital Management LLC and Northern Trust Corp. View Insider Buying and Selling for Keane Group.

Shares of FRAC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of FRAC stock can currently be purchased for approximately $16.23.

Keane Group has a market capitalization of $1.84 billion and generates $1.54 billion in revenue each year. The company earns $-36,140,000.00 in net income (profit) each year or $0.16 on an earnings per share basis. Keane Group employs 2,748 workers across the globe.

Keane Group's mailing address is 2121 SAGE ROAD SUITE 370, HOUSTON TX, 77056. The company can be reached via phone at 713-960-0381 or via email at [email protected]