The latest trends in borrow rates among options reveal a notable increase for ACDC (ACDC, Financial), which saw a rise to 65.22%, marking an uptick of 3.81%. This increase positions ACDC among the stocks experiencing significant changes in indicative borrow rates in the current market scenario.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for ProFrac Holding Corp (ACDC, Financial) is $8.30 with a high estimate of $15.00 and a low estimate of $5.00. The average target implies an upside of 1.22% from the current price of $8.20. More detailed estimate data can be found on the ProFrac Holding Corp (ACDC) Forecast page.
Based on the consensus recommendation from 6 brokerage firms, ProFrac Holding Corp's (ACDC, Financial) average brokerage recommendation is currently 3.3, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for ProFrac Holding Corp (ACDC, Financial) in one year is $5.95, suggesting a downside of 27.44% from the current price of $8.2. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the ProFrac Holding Corp (ACDC) Summary page.
ACDC Key Business Developments
Release Date: May 07, 2025
- Revenue: $600 million, a 32% increase from the fourth quarter.
- Adjusted EBITDA: $130 million, an 83% increase from the fourth quarter.
- Adjusted EBITDA Margin: 22%, up from 16% in the fourth quarter.
- Free Cash Flow: Net use of cash of approximately $14 million.
- Stimulation Services Revenue: $525 million, up from $384 million in the fourth quarter.
- Profit Production Revenue: $67 million, up from $47 million in the fourth quarter.
- Manufacturing Segment Revenue: $66 million, a 6% sequential increase.
- Selling, General and Administrative Expenses: $54 million, up from $48 million in the fourth quarter.
- Cash Capital Expenditures: $53 million, down from $63 million in the fourth quarter.
- Total Cash and Cash Equivalents: Approximately $16 million as of March 31, 2025.
- Total Liquidity: Approximately $76 million, including $66 million available under the ABL.
- Total Debt Outstanding: Approximately $1.15 billion, with the majority not due until 2029.
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
- ProFrac Holding Corp (ACDC, Financial) delivered strong first-quarter results, exceeding consensus estimates with a 32% revenue growth to $600 million and an 83% increase in adjusted EBITDA to $130 million.
- The company achieved a new record in total pumping hours and average pumping hours per fleet, demonstrating operational efficiency.
- ProFrac's ProPilot automation software for hydraulic fracturing showed promising results, reducing the need for human intervention and optimizing equipment performance.
- The strategic transaction with Flowtech enhances ProFrac's capabilities in gas quality assurance and asset integrity, providing a platform for future growth.
- ProFrac's vertically integrated model and in-house capabilities position the company well to navigate current market conditions and capitalize on future opportunities.
Negative Points
- Economic uncertainty from tariffs and OPEC's increased oil production has impacted commodity prices and market outlook, leading to potential declines in activity and spending.
- The company anticipates a slight decline in sales volumes in the second quarter, although it expects to offset this with favorable average sales prices and increased logistics activity.
- ProFrac is experiencing inefficiencies due to delays or pauses in some drilling and completion programs, resulting in more white space on the frac calendar.
- The uncertain macroeconomic environment has prompted operators to reassess their drilling and completion activity, potentially impacting ProFrac's business.
- The company is facing increased cost inputs from tariffs, which could affect its operations and profitability if not managed effectively.
