Earnings To Watch ProFrac Holding Corp Reports Q3 2024 Result
ACDC Stock | USD 9.07 0.06 0.66% |
About 55% of ProFrac Holding's shareholders are presently thinking to get in. The analysis of overall sentiment of trading ProFrac Holding Corp stock suggests that some investors are interested at this time. The current market sentiment, together with ProFrac Holding's historical and current headlines, can help investors time the market. In addition, many technical investors use ProFrac Holding Corp stock news signals to limit their universe of possible portfolio assets.
ProFrac |
ProFrac Holding Corp is set to release its Q3 2024 earnings on Nov 5, 2024. The consensus estimate for Q3 2024 revenue is 560.71 million, and the earnings are expected to come in at -0.09 per share. The full year 2024s revenue is expected to be 2.22 billion and the earnings are expected to be -0.65 per share.
Read at finance.yahoo.com
ProFrac Holding Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards ProFrac Holding can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
ProFrac Holding Fundamental Analysis
We analyze ProFrac Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProFrac Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProFrac Holding based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Retained Earnings
Retained Earnings Comparative Analysis
ProFrac Holding is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
ProFrac Holding Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ProFrac Holding stock to make a market-neutral strategy. Peer analysis of ProFrac Holding could also be used in its relative valuation, which is a method of valuing ProFrac Holding by comparing valuation metrics with similar companies.
Peers
ProFrac Holding Related Equities
NINE | Nine Energy | 10.06 | ||||
GEOS | Geospace Technologies | 1.99 | ||||
NGS | Natural Gas | 0.84 | ||||
NR | Newpark Resources | 0.84 | ||||
MRC | MRC Global | 0.07 | ||||
LBRT | Liberty Oilfield | 0.22 | ||||
PUMP | ProPetro Holding | 0.94 | ||||
HLX | Helix Energy | 1.02 | ||||
RNGR | Ranger Energy | 1.02 |
Complementary Tools for ProFrac Stock analysis
When running ProFrac Holding's price analysis, check to measure ProFrac Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ProFrac Holding is operating at the current time. Most of ProFrac Holding's value examination focuses on studying past and present price action to predict the probability of ProFrac Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProFrac Holding's price. Additionally, you may evaluate how the addition of ProFrac Holding to your portfolios can decrease your overall portfolio volatility.
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