NYSE:FRACKeane Group Stock Price, Forecast & News

Keane Group's stock was trading at $2.06 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FRAC shares have increased by 8.7% and is now trading at $2.24. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Keane Group in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Keane Group.

Keane Group is scheduled to release its next quarterly earnings announcement on Monday, July 27th 2020. View our earnings forecast for Keane Group.

Keane Group Inc (NYSE:FRAC) released its quarterly earnings data on Wednesday, October, 31st. The company reported $0.28 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.19 by $0.09. The business earned $558.91 million during the quarter, compared to the consensus estimate of $545.56 million. Keane Group had a return on equity of 7.21% and a net margin of 0.53%. Keane Group's revenue for the quarter was up 17.1% on a year-over-year basis. During the same period last year, the business posted $0.04 earnings per share. View Keane Group's earnings history.

3 Wall Street analysts have issued twelve-month target prices for Keane Group's shares. Their forecasts range from $10.00 to $12.00. On average, they anticipate Keane Group's stock price to reach $11.33 in the next year. This suggests a possible upside of 406.0% from the stock's current price. View analysts' price targets for Keane Group.

Press coverage about FRAC stock has been trending somewhat negative this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Keane Group earned a media sentiment score of -1.2 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about Keane Group.

Some companies that are related to Keane Group include Core Laboratories (CLB), RPC (RES), Liberty Oilfield Services (LBRT), Oceaneering International (OII), National Energy Services Reunited (NESR), Helix Energy Solutions Group (HLX), NexTier Oilfield Solutions (NEX), Propetro (PUMP), Franks International (FI), Select Energy Services (WTTR), Key Energy Services (KEGX), North American Construction Group (NOA), Hurricane Energy (HRCXF), Natural Gas Services Group (NGS) and Superior Energy Services (SPNVD). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Keane Group investors own include Virtu Financial (VIRT), Advanced Micro Devices (AMD), Bausch Health Companies (BHC), Centennial Resource Development (CDEV), Gulfport Energy (GPOR), Amplify Energy (AMPY), Amplify Energy (AMPY), Alibaba Group (BABA), CNX Resources (CNX) and Denbury Resources (DNR).

(FRAC) raised $301 million in an initial public offering on Friday, January 20th 2017. The company issued 16,700,000 shares at $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.

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

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, Robinhood, Fidelity, and Charles Schwab.

One share of FRAC stock can currently be purchased for approximately $2.24.

Keane Group has a market capitalization of $235.16 million and generates $2.14 billion in revenue each year. The company earns $59.33 million in net income (profit) each year or $0.92 on an earnings per share basis. Keane Group employs 2,833 workers across the globe.

The official website for Keane Group is www.keanegrp.com.

Keane Group's mailing address is 1800 POST OAK BOULEVARD SUITE 450, HOUSTON TX, 77056. The company can be reached via phone at 713-357-9490 or via email at [email protected]