In last trading session, ProFrac Holding Corp (NASDAQ:ACDC) saw 0.31 million shares changing hands with its beta currently measuring 1.21. Company’s recent per share price level of $7.79 trading at $0.16 or 2.10% at ring of the bell on the day assigns it a market valuation of $1.25B. That closing price of ACDC’s stock is at a discount of -25.16% from its 52-week high price of $9.75 and is indicating a premium of 33.76% from its 52-week low price of $5.16. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.33 million shares which gives us an average trading volume of 541.92K if we extend that period to 3-months.
For ProFrac Holding Corp (ACDC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.67. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.23 in the current quarter.
ProFrac Holding Corp (NASDAQ:ACDC) trade information
Upright in the green during last session for gaining 2.10%, in the last five days ACDC remained trading in the red while hitting it’s week-highest on Friday, 01/03/25 when the stock touched $7.79 price level, adding 8.14% to its value on the day. ProFrac Holding Corp’s shares saw a change of 0.39% in year-to-date performance and have moved -5.80% in past 5-day. ProFrac Holding Corp (NASDAQ:ACDC) showed a performance of 1.30% in past 30-days. Number of shares sold short was 5.19 million shares which calculate 9.52 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 6.75 to the stock, which implies a fall of -15.41% to its current value. Analysts have been projecting 6.5 as a low price target for the stock while placing it at a high target of 7. It follows that stock’s current price would jump 16.56% in reaching the projected high whereas dropping to the targeted low would mean a gain of 16.56% for stock’s current value.
ProFrac Holding Corp (ACDC) estimates and forecasts
Statistics highlight that ProFrac Holding Corp is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -2.38% of value to its shares in past 6 months, showing an annual growth rate of -321.28% while that of industry is -3.90. Apart from that, the company came lowering its revenue forecast for fiscal year 2025. This year revenue growth is estimated to fall -15.90% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 481.23M for the same. And 2 analysts are in estimates of company making revenue of 488.1M in the next quarter. Company posted 489.1M and 581.5M of sales in current and next quarters respectively a year earlier.
ProFrac Holding Corp (NASDAQ:ACDC)’s Major holders
Insiders are in possession of 89.79% of company’s total shares while institution are holding 10.00 percent of that, with stock having share float percentage of 97.91%. Investors also watch the number of corporate investors in a company very closely, which is 10.00% institutions for ProFrac Holding Corp that are currently holding shares of the company.
On the other hand, Vanguard Total Stock Market Index Fund and EA Series Trust-EA Bridgeway Omni Small-Cap Value ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 783.46 shares of worth $6.1 million or 0.49% of the total outstanding shares. The later fund manager was in possession of 553.35 shares on Sep 30, 2024 , making its stake of worth around $4.31 million in the company or a holder of 0.35% of company’s stock.
