Press coverage about Keane Group (NYSE:FRAC) has been trending positive this week, according to Accern Sentiment. The research firm scores the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Keane Group earned a media sentiment score of 0.29 on Accern’s scale. Accern also gave news stories about the company an impact score of 48.4186525042861 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Several research firms have weighed in on FRAC. Zacks Investment Research raised Keane Group from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research report on Monday, January 8th. Stephens began coverage on Keane Group in a research report on Tuesday, January 9th. They issued an “overweight” rating and a $24.00 target price for the company. Piper Jaffray Companies set a $23.00 target price on Keane Group and gave the company a “buy” rating in a research report on Monday, December 25th. Barclays began coverage on Keane Group in a research report on Friday, October 6th. They issued an “underweight” rating and a $16.00 target price for the company. Finally, Citigroup set a $18.00 target price on Keane Group and gave the company a “hold” rating in a research report on Thursday, October 5th. Ten equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Keane Group currently has an average rating of “Buy” and an average price target of $21.20.
Keane Group (NYSE FRAC) opened at $17.88 on Wednesday. Keane Group has a 52-week low of $12.42 and a 52-week high of $22.93. The company has a current ratio of 1.41, a quick ratio of 1.26 and a debt-to-equity ratio of 0.60.
Keane Group (NYSE:FRAC) last announced its quarterly earnings data on Wednesday, November 1st. The company reported $0.04 EPS for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.12). Keane Group had a negative return on equity of 19.19% and a negative net margin of 9.90%. The company had revenue of $477.30 million for the quarter, compared to analyst estimates of $493.40 million. Keane Group’s revenue was up 47.7% compared to the same quarter last year. research analysts anticipate that Keane Group will post 0.07 earnings per share for the current fiscal year.
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Keane Group Company Profile
Keane Group, Inc is provider of integrated well completion services in the United States, with a focus on demanding completion solutions. The Company’s segments include Completion Services, which comprises hydraulic fracturing and wireline divisions, and Other Services, which consists of coiled tubing, cementing and drilling divisions.
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