Keane Group Stock Price, News & Analysis (NYSE:FRAC)

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

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

Keane Group is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Keane Group.

Keane Group will be holding an earnings conference call on Wednesday, November 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

9 analysts have issued twelve-month target prices for Keane Group's stock. Their forecasts range from $10.00 to $19.00. On average, they expect Keane Group's stock price to reach $13.43 in the next year. This suggests a possible upside of 163.3% from the stock's current price. View Analyst Price Targets for Keane Group.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Keane Group in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Keane Group.

Media headlines about FRAC stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of 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 0.8 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 near future. View News Stories for Keane Group.

Keane Group saw a increase in short interest in September. As of September 15th, there was short interest totalling 8,740,000 shares, an increase of 10.4% from the August 15th total of 7,920,000 shares. Based on an average daily volume of 1,740,000 shares, the days-to-cover ratio is currently 5.0 days. Approximately 69.9% of the shares of the company are short sold. View Keane Group's Current Options Chain.

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

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 institutional and retail investors. Top institutional shareholders include Strs Ohio (0.09%), Assenagon Asset Management S.A. (0.05%) and Meeder Asset Management Inc. (0.01%). 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 Meeder Asset Management Inc.. 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 bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A. and Strs Ohio. 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 $5.10.

Keane Group has a market capitalization of $535.42 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]