Should I buy or sell ProFrac stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ProFrac in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ACDC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ACDC, but not buy additional shares or sell existing shares. View ACDC analyst ratings or view top-rated stocks .

What is ProFrac's stock price target for 2024?

5 brokers have issued 1 year target prices for ProFrac's stock. Their ACDC share price targets range from $9.50 to $15.00. On average, they expect the company's share price to reach $12.50 in the next twelve months. This suggests a possible upside of 57.6% from the stock's current price. View analysts price targets for ACDC or view top-rated stocks among Wall Street analysts .

How have ACDC shares performed in 2024?

ProFrac's stock was trading at $8.48 at the beginning of 2024. Since then, ACDC shares have decreased by 6.5% and is now trading at $7.93. View the best growth stocks for 2024 here .

Are investors shorting ProFrac?

ProFrac saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 5,660,000 shares, a decline of 7.2% from the March 15th total of 6,100,000 shares. Based on an average trading volume of 891,800 shares, the days-to-cover ratio is currently 6.3 days. View ProFrac's Short Interest .

When is ProFrac's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our ACDC earnings forecast .

How can I listen to ProFrac's earnings call?

ProFrac will be holding an earnings conference call on Thursday, May 9th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13745998#".

How were ProFrac's earnings last quarter?

ProFrac Holding Corp. (NASDAQ:ACDC) issued its quarterly earnings data on Friday, March, 15th. The company reported ($0.19) earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by $0.23. The firm had revenue of $489.10 million for the quarter, compared to analysts' expectations of $594.17 million. ProFrac had a positive trailing twelve-month return on equity of 3.04% and a negative net margin of 3.98%.

What ETFs hold ProFrac's stock?

ETFs with the largest weight of ProFrac (NASDAQ:ACDC) stock in their portfolio include Invesco Oil & Gas Services ETF (PXJ) . Royce Quant Small-Cap Quality Value ETF (SQLV) .

How do I buy shares of ProFrac?

Shares of ACDC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:ACDC

ProFrac (ACDC) Stock Price, News & Analysis

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Free ACDC Stock Alerts

$7.93

+0.44 (+5.87%)

(As of 04/18/2024 ET)

Compare

Today's Range: $7.45
▼
$8.01
50-Day Range: $6.73
▼
$8.96
52-Week Range: $6.46
▼
$14.32

Volume: 1.59 million shs
Average Volume: 899,137 shs
Market Capitalization: $1.27 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $12.50

Get ProFrac alerts:

ProFrac MarketRank™ Stock Analysis

Analyst Rating: Hold
2.40 Rating Score
Upside/Downside: 57.6% Upside
$12.50 Price Target
Short Interest: Healthy
3.55% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.72
Based on 10 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 62.50%
From $0.88 to $1.43 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.01 out of 5 stars

Oils/Energy Sector

121st out of 226 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

10th out of 18 stocks

3.2

Analyst's Opinion

Consensus Rating
ProFrac has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
ProFrac has only been the subject of 2 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
3.55% of the outstanding shares of ProFrac have been sold short.
Short Interest Ratio / Days to Cover
ProFrac has a short interest ratio ("days to cover") of 6.3.
Change versus previous month
Short interest in ProFrac has recently decreased by 7.21%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

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

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ACDC.

2.6

News and Social Media Coverage

News Sentiment
ProFrac has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for ProFrac this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for ACDC on MarketBeat in the last 30 days. This is a decrease of -90% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ProFrac insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.60% of the stock of ProFrac is held by insiders.
Percentage Held by Institutions
Only 12.75% of the stock of ProFrac is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for ProFrac are expected to grow by 62.50% in the coming year, from $0.88 to $1.43 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of ProFrac is -14.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of ProFrac is -14.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
ProFrac has a P/B Ratio of 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About ProFrac Stock (NASDAQ:ACDC)

ProFrac Holding Corp. operates as a technology-focused energy services holding company in the United States. It operates through three segments: Stimulation Services, Manufacturing, and Proppant Production. The company offers hydraulic fracturing, well stimulation, in-basin frac sand, and other completion services and complementary products and services to upstream oil and natural gas companies engaged in the exploration and production of unconventional oil and natural gas resources. It also manufactures and sells high horsepower pumps, valves, piping, swivels, large-bore manifold systems, and fluid ends. ProFrac Holding Corp. was founded in 2016 and is headquartered in Willow Park, Texas.

ACDC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ACDC Stock News Headlines

April 16, 2024 | finance.yahoo.com

ProFrac Holding Corp. Announces First Quarter 2024 Earnings Release and Conference Call Schedule

April 16, 2024 | americanbankingnews.com

ProFrac (NASDAQ:ACDC) Price Target Raised to $9.50 at Bank of America

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 16, 2024 | americanbankingnews.com

ProFrac Holding Corp. (NASDAQ:ACDC) Short Interest Update

April 14, 2024 | americanbankingnews.com

ProFrac (NASDAQ:ACDC) Trading Up 1.7%

April 11, 2024 | americanbankingnews.com

ProFrac Holding Corp. (NASDAQ:ACDC) Given Average Rating of "Moderate Buy" by Brokerages

March 19, 2024 | msn.com

ACDC, NR among major energy gainers; DTI, HNRG among major losers

March 18, 2024 | seekingalpha.com

ProFrac: Resetting In 2024

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

March 18, 2024 | uk.sports.yahoo.com

Inside GDC 2024: How Annual Video Game Conference Has Pivoted Programming Amid Industrywide Layoffs

March 18, 2024 | uk.style.yahoo.com

Hollywood Contraction Hits Entertainment Executive Jobs: “This Is A Full-Scale Depression”

March 18, 2024 | uk.news.yahoo.com

Cowes man, 62, caught drink driving and without insurance in Alfa Romeo

March 18, 2024 | uk.finance.yahoo.com

United CEO pledges enhanced safety drive after incidents

March 18, 2024 | uk.news.yahoo.com

Thousands of North Yorkshire homes without water after 'issue' during work

March 18, 2024 | msn.com

UnitedHealth says advanced over $2 billion in payments to providers

March 18, 2024 | investorplace.com

ACDC Stock Earnings: ProFrac Holding Misses EPS, Misses Revenue for Q4 2023

March 16, 2024 | finance.yahoo.com

ProFrac Holding Corp. (NASDAQ:ACDC) Q4 2023 Earnings Call Transcript

March 13, 2024 | markets.businessinsider.com

ProFrac Holding Slips To Loss In Q4 As Revenue Drops; Stock Down In Pre-market

March 13, 2024 | finance.yahoo.com

ProFrac Holding Corp (ACDC) Faces Challenges in 2023 Despite Revenue Growth

March 13, 2024 | prnewswire.com

ProFrac Holding Corp. Reports 2023 Full Year and Fourth Quarter Financial and Operational Results

March 12, 2024 | benzinga.com

Earnings Preview: ProFrac Holding

March 12, 2024 | markets.businessinsider.com

ProFrac A earnings preview: what Wall Street is expecting

February 21, 2024 | finance.yahoo.com

ProFrac Holding Corp. Announces 2023 Fourth Quarter and Full Year Earnings Release and Conference Call Schedule

February 21, 2024 | prnewswire.com

ProFrac Holding Corp. Announces 2023 Fourth Quarter and Full Year Earnings Release and Conference Call Schedule

February 17, 2024 | finance.yahoo.com

ACDC Mar 2024 7.500 call

February 17, 2024 | finance.yahoo.com

ACDC Mar 2024 5.000 put

February 15, 2024 | finance.yahoo.com

ProFrac Holding Corp. Announces Confidential Submission of Draft Registration Statement for Proposed Public Listing of Alpine Silica

See More Headlines

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Company Calendar

Last Earnings: 3/15/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Oils/Energy
Industry: Oil & gas field services, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NASDAQ:ACDC
CUSIP: N/A
CIK: 1881487
Web: www.profrac.com
Phone: 254-776-3722
Fax: N/A
Employees: 2,949
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $12.50
High Stock Price Target: $15.00
Low Stock Price Target: $9.50
Potential Upside/Downside: +57.6%
Consensus Rating: Hold
Rating Score (0-4): 2.40
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.53)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 9.01
P/E Growth: N/A
Net Income: $-97,700,000.00
Net Margins: -3.98%
Pretax Margin: -2.21%
Return on Equity: 3.04%
Return on Assets: 0.93%

Debt

Debt-to-Equity Ratio: 0.74
Current Ratio: 0.98
Quick Ratio: 0.62

Sales & Book Value

Annual Sales: $2.63 billion
Price / Sales: 0.48
Cash Flow: $2.77 per share
Price / Cash Flow: 2.86
Book Value: $7.97 per share
Price / Book: 0.99

Miscellaneous

Outstanding Shares: 159,590,000
Free Float: 155,445,000
Market Cap: $1.27 billion
Optionable: Optionable
Beta: 0.71

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Key Executives

Mr. Matthew D. Wilks (Age 41)
Executive Chairman & President
Comp: $1.18M
Mr. Johnathan L. Wilks (Age 39)
Chief Executive Officer
Comp: $1.2M
Mr. Lance D. Turner (Age 43)
Chief Financial Officer
Comp: $1.34M
Mr. Jeremy Spriggs
Senior Vice President of Operations
Steven Scrogham
Chief Legal Officer, Chief Compliance Officer & Corp. Secretary
Mr. Matthew Greenwood (Age 39)
Chief Commercial Officer
Mr. Paul Kaster
Senior Vice President of HSE, Compliance & Training

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ACDC Stock Analysis - Frequently Asked Questions

Should I buy or sell ProFrac stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ProFrac in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ACDC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ACDC, but not buy additional shares or sell existing shares.
View ACDC analyst ratings or view top-rated stocks.
What is ProFrac's stock price target for 2024?: 5 brokers have issued 1 year target prices for ProFrac's stock. Their ACDC share price targets range from $9.50 to $15.00. On average, they expect the company's share price to reach $12.50 in the next twelve months. This suggests a possible upside of 57.6% from the stock's current price.
View analysts price targets for ACDC or view top-rated stocks among Wall Street analysts.
How have ACDC shares performed in 2024?: ProFrac's stock was trading at $8.48 at the beginning of 2024. Since then, ACDC shares have decreased by 6.5% and is now trading at $7.93.
View the best growth stocks for 2024 here.
Are investors shorting ProFrac?: ProFrac saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 5,660,000 shares, a decline of 7.2% from the March 15th total of 6,100,000 shares. Based on an average trading volume of 891,800 shares, the days-to-cover ratio is currently 6.3 days.
View ProFrac's Short Interest.
When is ProFrac's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our ACDC earnings forecast.

How can I listen to ProFrac's earnings call?: ProFrac will be holding an earnings conference call on Thursday, May 9th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13745998#".
How were ProFrac's earnings last quarter?: ProFrac Holding Corp. (NASDAQ:ACDC) issued its quarterly earnings data on Friday, March, 15th. The company reported ($0.19) earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by $0.23. The firm had revenue of $489.10 million for the quarter, compared to analysts' expectations of $594.17 million. ProFrac had a positive trailing twelve-month return on equity of 3.04% and a negative net margin of 3.98%.
What ETFs hold ProFrac's stock?: ETFs with the largest weight of ProFrac (NASDAQ:ACDC) stock in their portfolio include Invesco Oil & Gas Services ETF (PXJ).Royce Quant Small-Cap Quality Value ETF (SQLV).
How do I buy shares of ProFrac?: Shares of ACDC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ACDC) was last updated on 4/19/2024 by MarketBeat.com Staff

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