During the last session, ProFrac Holding Corp (NASDAQ:ACDC)’s traded shares were 0.34 million, with the beta value of the company hitting 1.03. At the end of the trading day, the stock’s price was $7.71, reflecting an intraday loss of -5.98% or -$0.49. The 52-week high for the ACDC share is $9.75, that puts it down -26.46 from that peak though still a striking 33.07% gain since the share price plummeted to a 52-week low of $5.16. The company’s market capitalization is $1.23B, and the average intraday trading volume over the past 10 days was 0.45 million shares, and the average trade volume was 471.25K shares over the past three months.
ProFrac Holding Corp (ACDC) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.67. ACDC has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it.
ProFrac Holding Corp (NASDAQ:ACDC) trade information
ProFrac Holding Corp (ACDC) registered a -5.98% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -5.98% in intraday trading to $7.71, hitting a weekly high. The stock’s 5-day price performance is 0.52%, and it has moved by 7.53% in 30 days. Based on these gigs, the overall price performance for the year is -3.62%. The short interest in ProFrac Holding Corp (NASDAQ:ACDC) is 4.64 million shares and it means that shorts have 8.44 day(s) to cover.
The consensus price target of analysts on Wall Street is $6.75, which implies a decrease of -14.22% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $6.5 and $7 respectively. As a result, ACDC is trading at a premium of 9.21% off the target high and 15.69% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -13.22%. While earnings are projected to return -9.63% in 2025, the next five years will return 56.32% per annum.
ACDC Dividends
ProFrac Holding Corp is due to release its next quarterly earnings on 2025-Mar-05. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
ProFrac Holding Corp (NASDAQ:ACDC)’s Major holders
ProFrac Holding Corp insiders own 90.19% of total outstanding shares while institutional holders control 10.79%, with the float percentage being 110.02%. CRESTVIEW PARTNERS III GP, L.P. is the largest shareholder of the company, while 141.0 institutions own stock in it. As of 2024-06-30, the company held over 3.33 million shares (or 2.0801% of all shares), a total value of $24.69 million in shares.
The next largest institutional holding, with 1.93 million shares, is of VANGUARD GROUP INC’s that is approximately 1.2028% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $14.28 million.
Also, the Mutual Funds coming in first place with the largest holdings of ProFrac Holding Corp (ACDC) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and EA Series Trust-EA Bridgeway Omni Small-Cap Value ETF . Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 734.89 shares. This amounts to just over 0.46 percent of the company’s overall shares, with a $5.67 million market value. The same data shows that the other fund manager holds slightly less at 582.13, or about 0.36% of the stock, which is worth about $4.49 million.
