Keane Group Inc (NASDAQ:FRAC) – Investment analysts at Capital One Financial Corporation decreased their Q1 2018 earnings per share estimates for Keane Group in a research report issued on Friday. Capital One Financial Corporation analyst L. Lemoine now expects that the company will post earnings per share of $0.20 for the quarter, down from their prior estimate of $0.26. Capital One Financial Corporation currently has a “Overweight” rating on the stock. Capital One Financial Corporation also issued estimates for Keane Group’s Q2 2018 earnings at $0.22 EPS, Q3 2018 earnings at $0.20 EPS, Q4 2018 earnings at $0.18 EPS and FY2019 earnings at $1.12 EPS.

Keane Group (NASDAQ:FRAC) last announced its quarterly earnings data on Wednesday, November 1st. The company reported $0.04 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.12). Keane Group had a negative return on equity of 14.38% and a negative net margin of 3.68%. The firm had revenue of $477.30 million for the quarter, compared to the consensus estimate of $493.40 million. The business’s revenue was up 47.7% compared to the same quarter last year. COPYRIGHT VIOLATION WARNING: “Q1 2018 Earnings Estimate for Keane Group Inc Issued By Capital One Financial Corporation (FRAC)” was originally reported by Daily Political and is the sole property of of Daily Political. If you are accessing this piece on another publication, it was copied illegally and republished in violation of U.S. & international trademark & copyright legislation. The original version of this piece can be read at https://www.dailypolitical.com/2017/11/08/q1-2018-earnings-estimate-for-keane-group-inc-issued-by-capital-one-financial-corporation-frac.html.

Several other brokerages have also recently issued reports on FRAC. Barclays PLC began coverage on Keane Group in a research note on Friday, October 6th. They set an “underweight” rating and a $16.00 price objective on the stock. Jefferies Group LLC began coverage on Keane Group in a research note on Thursday, October 5th. They set a “buy” rating and a $20.00 price objective on the stock. Citigroup Inc. set a $18.00 price objective on Keane Group and gave the stock a “hold” rating in a research note on Thursday, October 5th. Zacks Investment Research upgraded Keane Group from a “hold” rating to a “buy” rating and set a $19.00 price objective on the stock in a research note on Wednesday, October 4th. Finally, BidaskClub upgraded Keane Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 30th. Eleven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $20.68.

Shares of Keane Group (FRAC) traded up $0.03 on Monday, reaching $15.84. The company had a trading volume of 787,132 shares, compared to its average volume of 773,085. Keane Group has a 52-week low of $12.42 and a 52-week high of $22.93.

Hedge funds have recently bought and sold shares of the business. Nationwide Fund Advisors bought a new stake in Keane Group in the first quarter valued at $119,000. Legal & General Group Plc lifted its stake in Keane Group by 64.2% in the second quarter. Legal & General Group Plc now owns 7,638 shares of the company’s stock valued at $120,000 after buying an additional 2,985 shares during the last quarter. Quantbot Technologies LP bought a new stake in Keane Group in the third quarter valued at $121,000. Parametric Portfolio Associates LLC bought a new stake in Keane Group in the second quarter valued at $179,000. Finally, Advisors Asset Management Inc. lifted its stake in Keane Group by 566.6% in the third quarter. Advisors Asset Management Inc. now owns 10,972 shares of the company’s stock valued at $183,000 after buying an additional 9,326 shares during the last quarter.

About Keane Group

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.

Earnings History and Estimates for Keane Group (NASDAQ:FRAC)

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