Is ProFrac Holding Corp (NASDAQ: ACDC) Stock Ready To Get A Higher Bid?

In the last trading session, 1.05 million ProFrac Holding Corp (NASDAQ:ACDC) shares changed hands as the company’s beta touched 1.46. With the company’s per share price at $6.41 changed hands at $0.28 or 4.57% during last session, the market valuation stood at $1.03B. ACDC’s last price was a discount, traded about -52.11% off its 52-week high of $9.75. The share price had its 52-week low at $3.83, which suggests the last value was 40.25% up since then.

Analysts gave the ProFrac Holding Corp (ACDC) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.80. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended ACDC as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight.

ProFrac Holding Corp (NASDAQ:ACDC) trade information

Instantly ACDC was in green as seen at the end of in last trading. With action 29.76%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -17.40%, with the 5-day performance at 29.76% in the green. However, in the 30-day time frame, ProFrac Holding Corp (NASDAQ:ACDC) is 30.82% up.

The consensus price target for the stock as assigned by Wall Street analysts is 6.75, meaning bulls need an upside of 5.04% from its current market value. According to analyst projections, ACDC’s forecast low is 6.5 with 7 as the target high. To hit the forecast high, the stock’s price needs a -9.2% plunge from its current level, while the stock would need to soar -1.4% for it to hit the projected low.

ProFrac Holding Corp (ACDC) estimates and forecasts

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -13.22%. The 2025 estimates are for ProFrac Holding Corp earnings to decrease by -5.59%, but the outlook for the next 5-year period is at 38.19% per year.

ProFrac Holding Corp (NASDAQ:ACDC)’s Major holders

VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 1.2028% or 1.93 million shares worth $14.28 million as of 2024-06-30.

Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and EA Series Trust-EA Bridgeway Omni Small-Cap Value ETF. With 734.89 shares estimated at $4.71 million under it, the former controlled 0.46% of total outstanding shares. On the other hand, EA Series Trust-EA Bridgeway Omni Small-Cap Value ETF held about 0.36% of the shares, roughly 582.13 shares worth around $3.73 million.

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