ProFrac Holding Corp (NASDAQ:ACDC) has a beta value of 1.14 and has seen 1.0 million shares traded in the last trading session. The company, currently valued at $704.79M, closed the last trade at $4.40 per share which meant it gained $0.43 on the day or 10.69% during that session. The ACDC stock price is -121.59% off its 52-week high price of $9.75 and 12.95% above the 52-week low of $3.83.
The consensus among analysts is that ProFrac Holding Corp (ACDC) is Buy stock at the moment, with a recommendation rating of 3.80. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight.
ProFrac Holding Corp (NASDAQ:ACDC) trade information
Sporting 10.69% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ACDC stock price touched $4.40 or saw a rise of 12.18%. Year-to-date, ProFrac Holding Corp shares have moved -43.30%, while the 5-day performance has seen it change -10.02%. Over the past 30 days, the shares of ProFrac Holding Corp (NASDAQ:ACDC) have changed -16.98%.
Wall Street analysts have a consensus price target for the stock at $6.75, which means that the shares’ value could jump 34.81% from current levels. The projected low price target is $6.5 while the price target rests at a high of $7.0. In that case, then, we find that the current price level is -59.09% off the targeted high while a plunge would see the stock gain -47.73% from current levels.
ProFrac Holding Corp (ACDC) estimates and forecasts
The company’s shares have lost -34.52% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -13.22% over the past 5 years. Earnings growth for 2025 is a modest -15.68% while over the next 5 years, the company’s earnings are expected to increase by 57.47%.
ACDC Dividends
ProFrac Holding Corp is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
ProFrac Holding Corp (NASDAQ:ACDC)’s Major holders
The top two institutional holders are CRESTVIEW PARTNERS III GP, L.P. with over 3.33 million shares worth more than $24.69 million. As of 2024-06-30, CRESTVIEW PARTNERS III GP, L.P. held 2.0801% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 1.93 million shares as of 2024-06-30. The firm’s total holdings are worth over $14.28 million and represent 1.2028% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and EA Series Trust-EA Bridgeway Omni Small-Cap Value ETF . As of Dec 31, 2024 , the former fund manager holds about 0.46% shares in the company for having 734.89 shares of worth $3.23 million while later fund manager owns 582.13 shares of worth $2.56 million as of Dec 31, 2024 , which makes it owner of about 0.36% of company’s outstanding stock.
