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In the latest session, ProFrac Holding Corp (NASDAQ: ACDC) closed at $8.65 down -0.46% from its previous closing price of $8.69. In other words, the price has decreased by -$0.46 from its previous closing price. On the day, 0.54 million shares were traded. ACDC stock price reached its highest trading level at $8.8629 during the session, while it also had its lowest trading level at $8.42.
Ratios:
For a deeper understanding of ProFrac Holding Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 54.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.76. For the most recent quarter (mrq), Quick Ratio is recorded 0.62 and its Current Ratio is at 0.95. In the meantime, Its Debt-to-Equity ratio is 1.12 whereas as Long-Term Debt/Eq ratio is at 0.96.
On October 17, 2024, Morgan Stanley Downgraded its rating to Underweight which previously was Equal-Weight and also lowered its target price recommendation from $7 to $6.50.
Stifel Downgraded its Buy to Hold on October 11, 2024, while the target price for the stock was maintained at $7.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 12 ’24 when THRC Holdings, LP bought 353,635 shares for $6.17 per share. The transaction valued at 2,181,928 led to the insider holds 79,197,549 shares of the business.
THRC Holdings, LP bought 262,853 shares of ACDC for $1,692,773 on Sep 10 ’24. The 10% Owner now owns 78,843,915 shares after completing the transaction at $6.44 per share. On Sep 09 ’24, another insider, THRC Holdings, LP, who serves as the 10% Owner of the company, bought 2,154 shares for $6.25 each. As a result, the insider paid 13,462 and bolstered with 78,581,062 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ACDC now has a Market Capitalization of 1385271552 and an Enterprise Value of 2793768192. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62 while its Price-to-Book (P/B) ratio in mrq is 1.26. Its current Enterprise Value per Revenue stands at 1.255 whereas that against EBITDA is 5.421.
Stock Price History:
The Beta on a monthly basis for ACDC is 1.24, which has changed by 0.1241914 over the last 52 weeks, in comparison to a change of 0.24440956 over the same period for the S&P500. Over the past 52 weeks, ACDC has reached a high of $9.75, while it has fallen to a 52-week low of $5.16. The 50-Day Moving Average of the stock is 10.43%, while the 200-Day Moving Average is calculated to be 15.02%.
Shares Statistics:
For the past three months, ACDC has traded an average of 525.87K shares per day and 440760 over the past ten days. A total of 160.20M shares are outstanding, with a floating share count of 13.05M. Insiders hold about 91.85% of the company’s shares, while institutions hold 7.75% stake in the company. Shares short for ACDC as of 1735603200 were 4891464 with a Short Ratio of 9.30, compared to 1732838400 on 5182372. Therefore, it implies a Short% of Shares Outstanding of 4891464 and a Short% of Float of 21.69.
Earnings Estimates
The dynamic stock of ProFrac Holding Corp (ACDC) is currently being evaluated by a team of 3.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is -$0.19, with high estimates of -$0.12 and low estimates of -$0.26.
Analysts are recommending an EPS of between -$0.06 and -$0.82 for the fiscal current year, implying an average EPS of -$0.4. EPS for the following year is -$0.37, with 2.0 analysts recommending between $0.03 and -$0.76.
Revenue Estimates
A total of 4 analysts believe the company’s revenue will be $479.26M this quarter.It ranges from a high estimate of $512M to a low estimate of $446.7M. As of the current estimate, ProFrac Holding Corp’s year-ago sales were $489.1MFor the next quarter, 4 analysts are estimating revenue of $498.96M. There is a high estimate of $520.69M for the next quarter, whereas the lowest estimate is $475.6M.
A total of 5 analysts have provided revenue estimates for ACDC’s current fiscal year. The highest revenue estimate was $2.25B, while the lowest revenue estimate was $2.18B, resulting in an average revenue estimate of $2.21B. In the same quarter a year ago, actual revenue was $2.63BBased on 5 analysts’ estimates, the company’s revenue will be $2.18B in the next fiscal year. The high estimate is $2.27B and the low estimate is $2.07B.
