In last trading session, ProFrac Holding Corp (NASDAQ:ACDC) saw 0.52 million shares changing hands with its beta currently measuring 1.19. Company’s recent per share price level of $7.33 trading at -$0.3 or -3.93% at ring of the bell on the day assigns it a market valuation of $1.17B. That closing price of ACDC’s stock is at a discount of -33.02% from its 52-week high price of $9.75 and is indicating a premium of 29.6% from its 52-week low price of $5.16.
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 -0.3 in the current quarter.
ProFrac Holding Corp (NASDAQ:ACDC) trade information
Upright in the red during last session for losing -3.93%, in the last five days ACDC remained trading in the red while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $7.33 price level, adding 12.22% to its value on the day. ProFrac Holding Corp’s shares saw a change of -5.54% in year-to-date performance and have moved -5.42% in past 5-day. ProFrac Holding Corp (NASDAQ:ACDC) showed a performance of -15.65% in past 30-days.
Wall Street analysts have assigned a consensus price target of 6.75 to the stock, which implies a fall of -8.59% 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 11.32% in reaching the projected high whereas dropping to the targeted low would mean a gain of 11.32% for stock’s current value.
ProFrac Holding Corp (ACDC) estimates and forecasts
This year revenue growth is estimated to fall -16.01% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 479.26M for the same. And 3 analysts are in estimates of company making revenue of 498.96M 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
CRESTVIEW PARTNERS III GP, L.P. is the top institutional holder at ACDC for having 3.33 million shares of worth $24.69 million. And as of 2024-06-30, it was holding 2.0801 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 1.93 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.2028 of outstanding shares, having a total worth of $14.28 million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 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 $5.74 million or 0.49% of the total outstanding shares. The later fund manager was in possession of 589.57 shares on Nov 30, 2024 , making its stake of worth around $4.32 million in the company or a holder of 0.37% of company’s stock.
