NYSE:FRACKeane Group Stock Price, Forecast & News

$3.08

+0.10 (+3.36 %)

(As of 05/28/2020 04:00 PM ET)

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Today's Range

$2.88

Now: $3.08▼

$3.09

50-Day Range

$1.33

MA: $2.19▼

$3.07

52-Week Range

$4.40

Now: $3.08▼

$13.91

Volume1.27 million shs

Average Volume2.16 million shs

Market Capitalization$323.34 million

P/E Ratio3.35

Dividend YieldN/A

Beta1.38

Keane Group, Inc. engages in the provision of hydraulic and engineered related solutions. It provides horizontal and vertical fracturing, wireline perforation and logging & engineered, as well as other value-added services. The company operates through two segments: Completion, and Other Services. The Completion Services segment refers to the hydraulic fracturing and wireline divisions. The Other Services include coiled tubing, cementing and ancillary services. The company was founded in 1973 and is headquartered in Houston, TX.

Beat the Market (BTM) Rank^™

3.1 Analyst's Opinion

Consensus Rating
Keane Group has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $11.33, Keane Group has a potential upside of 268.0% from its current price of $3.08.
Amount of Analyst Coverage
Keane Group has received no research coverage in the past 90 days.

2.5 Community Rank

Outperform Votes
Keane Group has received 371 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Keane Group has received 361 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Keane Group has received 50.68% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Keane Group and other stocks. Vote “Outperform” if you believe FRAC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FRAC will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

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

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Keane Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.51% of the stock of Keane Group is held by insiders.
Percentage Held by Institutions
90.10% of the stock of Keane Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Keane Group are expected to grow in the coming year, from ($0.12) to $0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Keane Group is 3.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.97.
Price to Earnings Ratio vs. Sector
The P/E ratio of Keane Group is 3.35, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 10.08.
Price to Book Value per Share Ratio
Keane Group has a P/B Ratio of 0.66. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.83 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Oil & gas field services, not elsewhere classified

Sub-IndustryN/A

SectorOils/Energy

Current SymbolNYSE:FRAC

Previous SymbolNASDAQ:FRAC

CUSIPN/A

CIK1688476

Webwww.keanegrp.com

Phone713-357-9490

Debt

Debt-to-Equity Ratio0.79

Current Ratio1.56

Quick Ratio1.44

Price-To-Earnings

Trailing P/E Ratio3.35

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.14 billion

Price / Sales0.15

Cash Flow$2.11 per share

Price / Cash Flow1.46

Book Value$4.68 per share

Price / Book0.66

Profitability

EPS (Most Recent Fiscal Year)$0.92

Net Income$59.33 million

Net Margins0.53%

Return on Equity7.21%

Return on Assets3.25%

Miscellaneous

Employees2,833

Outstanding Shares104,980,000

Market Cap$323.34 million

Next Earnings Date7/27/2020 (Estimated)

OptionableOptionable

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Keane Group (NYSE:FRAC) Frequently Asked Questions

How has Keane Group's stock been impacted by COVID-19 (Coronavirus)?

Keane Group's stock was trading at $2.06 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FRAC shares have increased by 49.5% and is now trading at $3.08. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Keane Group?

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

When is Keane Group's next earnings date?

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

How were Keane Group's earnings last quarter?

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

What price target have analysts set for FRAC?

4 equities research analysts have issued twelve-month price targets for Keane Group's stock. Their forecasts range from $10.00 to $12.00. On average, they expect Keane Group's share price to reach $11.33 in the next year. This suggests a possible upside of 268.0% from the stock's current price. View analysts' price targets for Keane Group.

Has Keane Group been receiving favorable news coverage?

Media headlines about FRAC stock have been trending positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Keane Group earned a media sentiment score of 3.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an impact on the stock's share price in the near term. View the latest news aboutKeane Group.

Who are some of Keane Group's key competitors?

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

What other stocks do shareholders of Keane Group own?

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).

Who are Keane Group's key executives?

Keane Group's management team includes the following people:

Robert Wayne Drummond, Chief Executive Officer & Director
Gregory L. Powell, President & Chief Financial Officer
David Sobernheim, Executive Vice President-Engineering & Technology
John Lewis, Vice President-HSE Operations & Compliance
Kevin M. McDonald, Secretary, Executive VP & General Counsel

When did Keane Group IPO?

(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 served 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.

What is Keane Group's stock symbol?

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

How do I buy shares of 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.

What is Keane Group's stock price today?

One share of FRAC stock can currently be purchased for approximately $3.08.

How big of a company is Keane Group?

Keane Group has a market capitalization of $323.34 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.

What is Keane Group's official website?

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

How can I contact Keane Group?

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]

This page was last updated on 5/28/2020 by MarketBeat.com Staff