Analyst Recommendations And Earnings Forecast: Keane Group, Inc. (FRAC), MasTec, Inc. (MTZ)

Keane Group, Inc. (NYSE:FRAC) last session’s volume of 0.72 million shares was lower than its average volume of 0.78 million shares. The stock, after opening at $14.89, hit $15.73 through the close by scoring 6.14%.

Keane Group, Inc. (FRAC) Analyst Opinion

Keane Group, Inc. has a consensus outperform rating from 16 Wall Street analysts, and the number of shares currently sold short amount to at least 22.59% of shares outstanding. The stock sank -2.36% last month and is down -27.34 this year. Wall Street is only getting more bullish on the stock, with 10 of analysts who cover FRAC having a buy-equivalent rating. Analysts have placed a $20.13 price target on Keane Group, Inc., suggesting a 27.97% gain from recent close. It’s currently trading about -31.4% below its 52-week high.

Keane Group, Inc. Earnings Surprise

Keane Group, Inc. (FRAC) surprised the stock market in its last reported earnings when it earned -$0.32 a piece versus the consensus-estimated -$0.33. Its revenue totaled $317.52 million up 32.22% from the previous quarter.

Keane Group, Inc. (NYSE:FRAC) Intraday View

This stock (FRAC) is ahead of its 52-week low with 26.65%. Its last month’s stock price volatility remained 6.44% which for the week stands at 4.57%. The share price has moved forward from its 20 days moving average, trading at a distance of 2.68% and stays 5.14% away from its 50 days moving average. Over the last five days, shares have managed 4.17% gains and now is down -0.07% since hitting its 200-day moving average of $14.85. Keane Group, Inc. (FRAC) has made its way to a 12-month decline of 0%.

Turning to MasTec, Inc. (NYSE:MTZ), its shares were trading at $44.95 a gain of $2.1, on the trading floor. The stock, after opening at $44.3, touched a high of $45.025 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.6. MasTec, Inc. has 7 buy ratings, 1 holds and 0 sells even after the stock tumbled -9.19% from its high of $49.50 to a $3.62 billion market value through last close.

MasTec, Inc. (MTZ) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 1.5 to 1.5 during a month. Analysts set a 12-month price target of $55.38 a share. The target implies a 23.2% spike from where the shares are currently trading. Also, the current price highlights a discount of 46.83% to analysts’ high consensus price target.

MasTec, Inc. (NYSE:MTZ) Intraday Trading

The counter witnessed a trading volume of 1.52 million shares versus an average volume of 1.05 million shares during last trading session. Its last month’s stock price volatility remained 3.35% which for the week approaches 3.23%. The lowest price the stock reached in the last trading day was $43.75 and compares with the $28.55 52-week low. The stock recovered 57.44% since its low point and has performed 17.52% year-to-date.

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