Reviewing ProFrac (NASDAQ:ACDC) and Wavefront Technology Solutions (OTCMKTS:WFTSF)

ProFrac (NASDAQ:ACDCGet Free Report) and Wavefront Technology Solutions (OTCMKTS:WFTSFGet Free Report) are both oils/energy companies, but which is the better business? We will compare the two companies based on the strength of their analyst recommendations, risk, institutional ownership, valuation, dividends, earnings and profitability.

Analyst Recommendations

This is a summary of recent ratings and target prices for ProFrac and Wavefront Technology Solutions, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ProFrac 0 3 2 0 2.40
Wavefront Technology Solutions 0 0 0 0 N/A

ProFrac presently has a consensus target price of $12.50, suggesting a potential upside of 54.32%.

Valuation & Earnings

This table compares ProFrac and Wavefront Technology Solutions’ gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
ProFrac $2.63 billion 0.49 -$97.70 million ($0.53) -15.28
Wavefront Technology Solutions N/A N/A N/A ($0.06) N/A

Wavefront Technology Solutions has lower revenue, but higher earnings than ProFrac. ProFrac is trading at a lower price-to-earnings ratio than Wavefront Technology Solutions, indicating that it is currently the more affordable of the two stocks.

Insider and Institutional Ownership

12.8% of ProFrac shares are owned by institutional investors. Comparatively, 0.8% of Wavefront Technology Solutions shares are owned by institutional investors. 2.6% of ProFrac shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Profitability

This table compares ProFrac and Wavefront Technology Solutions’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
ProFrac -3.98% 3.04% 0.93%
Wavefront Technology Solutions N/A N/A N/A

Summary

ProFrac beats Wavefront Technology Solutions on 6 of the 9 factors compared between the two stocks.

About ProFrac

(Get Free Report)

ProFrac Holding Corp. operates as a technology-focused energy services holding company in the United States. It operates through three segments: Stimulation Services, Manufacturing, and Proppant Production. The company offers hydraulic fracturing, well stimulation, in-basin frac sand, and other completion services and complementary products and services to upstream oil and natural gas companies engaged in the exploration and production of unconventional oil and natural gas resources. It also manufactures and sells high horsepower pumps, valves, piping, swivels, large-bore manifold systems, and fluid ends. ProFrac Holding Corp. was founded in 2016 and is headquartered in Willow Park, Texas.

About Wavefront Technology Solutions

(Get Free Report)

Wavefront Technology Solutions Inc. develops fluid injection technologies for oil and gas well stimulation, and improved/enhanced oil recovery in Canada. The company offers Powerwave process, an injection technology that improves the flow of fluids in geological materials, including sedimentary soils and fractured rock; and Primawave process, a method for aiding in-ground environmental remediation clean-up in contaminated sites. Wavefront Technology Solutions is headquartered in Edmonton, Canada.

Receive News & Ratings for ProFrac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProFrac and related companies with MarketBeat.com's FREE daily email newsletter.