ProFrac Holding downgraded by Morgan Stanley with a new price target
$ACDC
Oilfield Services/Equipment
Energy
Morgan Stanley downgraded ProFrac Holding from Equal-Weight to Underweight and set a new price target of $6.50 from $7.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/17/2024 | $7.00 → $6.50 | Equal-Weight → Underweight | Morgan Stanley |
| 10/11/2024 | $7.00 | Buy → Hold | Stifel |
| 1/2/2024 | Buy → Neutral | Seaport Research Partners | |
| 10/17/2023 | $18.00 → $14.00 | Overweight → Equal-Weight | Morgan Stanley |
| 5/11/2023 | $15.00 | Overweight → Neutral | JP Morgan |
WILLOW PARK, Texas, Oct. 25, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ:ACDC) ("ProFrac" or the "Company") announced today that it will report its third quarter 2024 financial results prior to the Company's conference call, which will be broadcast live over the Internet, on Tuesday, November 5, 2024 at 11:00 a.m. Eastern / 10:00 a.m. Central. When: Tuesday, November 5, 2024 at 11:00 a.m. Eastern / 10:00 a.m. Central How: Live via phone – By dialing 412-902-0030 and asking for the ProFrac Holding Corp. call at least 10 minutes prior to the start time, or Live over the Internet – By logging onto the web at the address below. Where: https://ir.pfholdingscorp.com/news-events/ir-calen
WILLOW PARK, Texas, Aug. 8, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ:ACDC) ("ProFrac", or the "Company") today announced financial and operational results for its second quarter ended June 30, 2024. Second Quarter 2024 Results Total revenue was $579.4 million compared to first quarter revenue of $581.5 millionNet loss was $65.6 million compared to net income of $3.0 million in the first quarterAdjusted EBITDA(1) was $135.6 million compared to $159.7 million in the first quarterNet cash provided by operating activities grew approximately 43% sequentially over the first quarter to $113.5 millionCapital expenditures totaled $61.9 millionFree cash flow(2) grew 187% sequentially to $74
WILLOW PARK, Texas, July 24, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ:ACDC) ("ProFrac" or the "Company") announced today that it will report its second quarter 2024 financial results prior to the Company's conference call, which will be broadcast live over the Internet, on Thursday, August 8, 2024 at 11:00 a.m. Eastern / 10:00 a.m. Central. When: Thursday, August 8, 2024 at 11:00 a.m. Eastern / 10:00 a.m. Central How: Live via phone – By dialing 862-298-0702 and asking for the ProFrac Holding Corp. call at least 10 minutes prior to the start time, or Live over the Internet – By logging onto the web at the address below. Where: https://ir.pfholdingscorp.com/news-events/ir-calenda
B of A Securities analyst Chase Mulvehill maintains ProFrac Holding (NASDAQ:ACDC) with a Neutral and lowers the price target from $9.5 to $8.5.
Piper Sandler analyst Luke Lemoine maintains ProFrac Holding (NASDAQ:ACDC) with a Overweight and lowers the price target from $11 to $9.
4 - ProFrac Holding Corp. (0001881487) (Issuer)
4 - ProFrac Holding Corp. (0001881487) (Issuer)
4 - ProFrac Holding Corp. (0001881487) (Issuer)
3 - ProFrac Holding Corp. (0001881487) (Issuer)
4 - ProFrac Holding Corp. (0001881487) (Issuer)
4 - ProFrac Holding Corp. (0001881487) (Issuer)
Morgan Stanley downgraded ProFrac Holding from Equal-Weight to Underweight and set a new price target of $6.50 from $7.00 previously
Stifel downgraded ProFrac Holding from Buy to Hold and set a new price target of $7.00
Seaport Research Partners downgraded ProFrac Holding from Buy to Neutral
8-K - ProFrac Holding Corp. (0001881487) (Filer)
10-Q - ProFrac Holding Corp. (0001881487) (Filer)
8-K - ProFrac Holding Corp. (0001881487) (Filer)
WILLOW PARK, Texas, Oct. 25, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ:ACDC) ("ProFrac" or the "Company") announced today that it will report its third quarter 2024 financial results prior to the Company's conference call, which will be broadcast live over the Internet, on Tuesday, November 5, 2024 at 11:00 a.m. Eastern / 10:00 a.m. Central. When: Tuesday, November 5, 2024 at 11:00 a.m. Eastern / 10:00 a.m. Central How: Live via phone – By dialing 412-902-0030 and asking for the ProFrac Holding Corp. call at least 10 minutes prior to the start time, or Live over the Internet – By logging onto the web at the address below. Where: https://ir.pfholdingscorp.com/news-events/ir-calen
WILLOW PARK, Texas, Aug. 8, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ:ACDC) ("ProFrac", or the "Company") today announced financial and operational results for its second quarter ended June 30, 2024. Second Quarter 2024 Results Total revenue was $579.4 million compared to first quarter revenue of $581.5 millionNet loss was $65.6 million compared to net income of $3.0 million in the first quarterAdjusted EBITDA(1) was $135.6 million compared to $159.7 million in the first quarterNet cash provided by operating activities grew approximately 43% sequentially over the first quarter to $113.5 millionCapital expenditures totaled $61.9 millionFree cash flow(2) grew 187% sequentially to $74
WILLOW PARK, Texas, July 24, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ:ACDC) ("ProFrac" or the "Company") announced today that it will report its second quarter 2024 financial results prior to the Company's conference call, which will be broadcast live over the Internet, on Thursday, August 8, 2024 at 11:00 a.m. Eastern / 10:00 a.m. Central. When: Thursday, August 8, 2024 at 11:00 a.m. Eastern / 10:00 a.m. Central How: Live via phone – By dialing 862-298-0702 and asking for the ProFrac Holding Corp. call at least 10 minutes prior to the start time, or Live over the Internet – By logging onto the web at the address below. Where: https://ir.pfholdingscorp.com/news-events/ir-calenda
SC 13D/A - ProFrac Holding Corp. (0001881487) (Subject)
SC 13D/A - ProFrac Holding Corp. (0001881487) (Subject)