Analyzing ProFrac (ACDC) and Its Rivals

ProFrac (NASDAQ:ACDC – Get Rating) is one of 35 publicly-traded companies in the “Oil & gas field services, not elsewhere classified” industry, but how does it compare to its competitors? We will compare ProFrac to similar companies based on the strength of its dividends, analyst recommendations, valuation, institutional ownership, earnings, risk and profitability.

Institutional and Insider Ownership

23.9% of ProFrac shares are owned by institutional investors. Comparatively, 57.2% of shares of all “Oil & gas field services, not elsewhere classified” companies are owned by institutional investors. 2.3% of ProFrac shares are owned by company insiders. Comparatively, 9.7% of shares of all “Oil & gas field services, not elsewhere classified” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Valuation & Earnings

This table compares ProFrac and its competitors top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
ProFrac	$2.43 billion	$91.50 million	4.77
ProFrac Competitors	$2.89 billion	$219.65 million	-3.89

ProFrac’s competitors have higher revenue and earnings than ProFrac. ProFrac is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares ProFrac and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
ProFrac	3.90%	-27.27%	8.04%
ProFrac Competitors	4.36%	-0.67%	7.17%

Analyst Ratings

This is a summary of current ratings for ProFrac and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
ProFrac	0	1	3	0	2.75
ProFrac Competitors	214	1192	2148	85	2.58

ProFrac presently has a consensus price target of $23.50, suggesting a potential upside of 99.49%. As a group, “Oil & gas field services, not elsewhere classified” companies have a potential upside of 56.79%. Given ProFrac’s stronger consensus rating and higher possible upside, equities analysts plainly believe ProFrac is more favorable than its competitors.

Summary

ProFrac competitors beat ProFrac on 7 of the 12 factors compared.

About ProFrac

(Get Rating)

ProFrac Holding Corp., a vertically integrated and energy services company, provides hydraulic fracturing, completion, and other products and services to upstream oil and gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources. It operates through three segments: Stimulation Services, Manufacturing, and Proppant Production. The company also manufactures and sells high horsepower pumps, valves, piping, swivels, large-bore manifold systems, seats, and fluid ends. ProFrac Holding Corp. was founded in 2016 and is headquartered in Willow Park, Texas.