Right Now May Be the Best Buy-In Window for Keane Group Inc. (FRAC)

investchronicle 33

Keane Group Inc. kicked off the trading day on 10/10/19 with a price decrease of -2.85%, equivalent to -$0.15 relative change for the day. Taking a more long-term approach, FRAC had a 52-week range of $4.69 to $13.91. At the time of this article’s publishing, this stock is trading at $5.12 after starting the trading session at $5.33. At the time of writing, this stock’s 50-day Moving Average stands at $5.63, while the 200-day Moving Average of this stock is currently $8.27.

Currently, this company’s share volume is sitting at $1998808, but has maintained average daily volume of $1.71M. This stock has generated an average Year to Date volume of $1.17 million, alongside an average 20-day volume of $1.64 million. This publicly-traded company’s shares outstanding now amounts to $106.52 million, simultaneously with a float of $104.28 million. The organization now has a market capitalization sitting at $545.38 million.

Keane Group Inc.(FRAC) Ownership Data

Now let’s turn our focus to how large-scale investors are behaving with this stock. Keane Group Inc.’s current insider ownership accounts for 0.30%. According to the most recent latest insider trade that took place on Mar 06 this organization’s President and CFO sold 51,495 at the rate of 10.05, making the entire transaction hit 517,324 in total value, affecting insider ownership by 121,108. Preceding that transaction, on Mar 06 Company’s Executive Chairman sold 55,784 at a price of 10.05, making the whole transaction’s value amount to 560,389. This particular insider is now the holder of 151,723 in total.

All together, they are the legal holders of 106.52M shares. If we focus on the top 3 stockholders for this publicly-traded organization, T. Rowe Price Associates, Inc. (Investment Management) owns 4,901,787 shares, with The Vanguard Group, Inc. in 2nd place owning 3,961,007 shares and Dimensional Fund Advisors LP in third place with total ownership of 3,724,907 shares.

Keane Group Inc. (FRAC) Earnings and Revenue Data

In the latest quarterly report that this company released, which was put into the public domain on 6/29/2019, the organization reported $0.06 earnings per share (EPS) for the three-month period, surpassing the consensus estimate (set at -$0.04) by $0.1.

This company achieved a net margin of 0.53 while generating a return on equity of 2.07. Keane Group Inc.’s full-quarter revenue decreased by -19.93%, when compared against the year-ago quarter. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.

Keane Group Inc.’s EPS increase for this current 12-month fiscal period is 263.70%, and is forecasted to reach -0.01 in the upcoming year.

Additional Trading Performance Indicators

Now turning our attention to the current performance indicators for Keane Group Inc., this organization’s Quick Ratio in the last reported quarter now stands at 1.40. The company has managed to achieve an average true range (ATR) of 0.37. Alongside those, its PE Ratio stands at $60.95.

Another valuable indicator worth considering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.29 for this organization. Similarly, its price to free cash flow for trailing twelve months is now 2.30. Plus, this company’s price to book ratio for the last three-month fiscal period reported is 1.15, whereas its price to cash per share for the last quarter landed at 1.10.

In the same vein, FRAC’s Diluted EPS (Earnings per Share) trailing twelve months was posted at 0.08, a figure that is expected to reach 0.07 in the next reported quarter, and analysts expect it will be -0.01 at the market close of one year from today’s date.