NYSE:FRAC - Keane Group Stock Price, News & Analysis

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

Keane Group Inc (NYSE:FRAC) issued its earnings results on Monday, July, 29th. The company reported $0.06 EPS for the quarter, topping analysts' consensus estimates of ($0.05) by $0.11. The company had revenue of $427.70 million for the quarter, compared to analysts' expectations of $413.63 million. Keane Group had a net margin of 0.53% and a return on equity of 7.21%. The firm's revenue was down 26.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.28 EPS. View Keane Group's Earnings History.

Keane Group is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Keane Group.

Keane Group issued an update on its third quarter 2019 earnings guidance on Monday, July, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $437-458 million, compared to the consensus revenue estimate of $424.61 million.

12 Wall Street analysts have issued 1-year target prices for Keane Group's shares. Their predictions range from $10.00 to $19.00. On average, they expect Keane Group's stock price to reach $14.2222 in the next year. This suggests a possible upside of 118.8% from the stock's current price. View Analyst Price Targets for Keane Group.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Keane Group in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Keane Group.

Headlines about FRAC stock have been trending negative on Wednesday, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Keane Group earned a news impact score of -2.9 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Keane Group.

Keane Group saw a increase in short interest in August. As of August 31st, there was short interest totalling 6,766,000 shares, an increase of 29.2% from the July 31st total of 5,237,400 shares. Based on an average daily volume of 1,500,000 shares, the days-to-cover ratio is currently 4.5 days. Approximately 54.1% of the company's stock are sold short. View Keane Group's Current Options Chain.

Some companies that are related to Keane Group include Core Laboratories (CLB), Oceaneering International (OII), Helix Energy Solutions Group (HLX), Liberty Oilfield Services (LBRT), RPC (RES), Franks International (FI), Hurricane Energy (HRCXF), Propetro (PUMP), Select Energy Services (WTTR), SemGroup (SEMG), C&J Energy Services (CJ), National Energy Services Reunited (NESR), North American Construction Group (NOA), FTS International (FTSI) and KLX Energy Services (KLXE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Keane Group investors own include Virtu Financial (VIRT), Advanced Micro Devices (AMD), Verizon Communications (VZ), Bausch Health Companies (BHC), Intel (INTC), Alibaba Group (BABA), CNX Resources (CNX), Centennial Resource Development (CDEV), Micron Technology (MU) and NVIDIA (NVDA).

(FRAC) raised $301 million in an initial public offering 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.

Keane Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (4.67%), Vanguard Group Inc. (3.84%), BlackRock Inc. (3.30%), Fisher Asset Management LLC (2.47%), Citadel Advisors LLC (2.30%) and Nuveen Asset Management LLC (1.59%). Company insiders that own Keane Group stock include Elmer Dale Reed, Gregory Powell, James Carl Stewart, Keane Investor Holdings Llc and Paul M Jr Debonis. View Institutional Ownership Trends for Keane Group.

FRAC stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Janus Henderson Group PLC, Citadel Advisors LLC, Charles Schwab Investment Management Inc., Mackenzie Financial Corp, Mackenzie Financial Corp, SG Americas Securities LLC and Wells Fargo & Company MN. Company insiders that have sold Keane Group company stock in the last year include Gregory Powell, James Carl Stewart, Keane Investor Holdings Llc and Paul M Jr Debonis. View Insider Buying and Selling for Keane Group.

FRAC stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Balyasny Asset Management LLC, Anchor Bolt Capital LP, Point72 Asset Management L.P., APG Asset Management N.V., Renaissance Technologies LLC, Gagnon Securities LLC and Covalent Partners LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of FRAC stock can currently be purchased for approximately $6.50.

Keane Group has a market capitalization of $682.37 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.View Additional Information About Keane Group.

The official website for Keane Group is http://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]