Evercore ISI began coverage on shares of Fairmount Santrol Holdings in a research report on Thursday, May 25th. Cowen and Company reiterated an outperform rating and issued a $16.00 target price on shares of Fairmount Santrol Holdings in a report on Saturday, March 11th. Increasing profits are the best indication that a company can pay dividends and that the share price will trend upward.
Session activity on Fairmount Santrol Holdings Inc.(NYSE:FMSA) shares bumps the stock on today's most active list. Guggenheim dropped Fairmount Santrol Holdings from a "buy" recommendation to a "neutral" recommendation in a analysis report on Tue, Jun 27th.
Among 5 analysts covering China Petroleum & Chemical Corp (NYSE:SNP), 2 have Buy rating, 1 Sell and 2 Hold. The stock now has an average rating of "Hold" and a consensus target price of $8.79.
Fairmount Santrol Holdings (FMSA) opened at 3.62 on Tuesday. The Market Cap of the company is $835.33 Million. However the price at the close of last session was 4.84% higher than its 50-day moving average and 29.43% over its 200-day moving average. Fairmount Santrol Holdings has a 1-year low of $3.16 and a 1-year high of $13.12.
Fairmount Santrol Holdings (NYSE:FMSA) last released its quarterly earnings results on Thursday, May 4th. Sure, the percentage is discouraging but more headwinds are coming as looking out over a next 5-year period, analysts expect the company to see its earnings go down by 0%, annually. Fairmount Santrol Holdings had a negative net margin of 24.91% and a negative return on equity of 91.27%. Fairmount Santrol Holdings's revenue was up 18.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.07) EPS. Equities analysts forecast that Fairmount Santrol Holdings will post $0.23 earnings per share for the current year.
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In other news, CFO Michael F. Biehl sold 14,050 shares of the stock in a transaction on Thursday, May 4th. The shares price has directed -55.09% toward a lower level throughout a year ago and swapped -23.95% toward a weak spot during past one month. The transaction related to this sale was declared in a document with the Security and Exchange Commission, which is available through this link. For the last month, company shares are -12.82%.
Several hedge funds have recently made changes to their positions in FMSA. Point72 Asia Hong Kong Ltd boosted its stake in shares of Fairmount Santrol Holdings by 1,014.4% in the first quarter. The lowest 12-month price target for the shares is $3.75, which would be an increase of about 4% of its current value. Creative Planning increased its stake in shares of Fairmount Santrol Holdings by 139.4% in the second quarter. Princeton Alpha Management LP bought a new stake in Fairmount Santrol Holdings during the first quarter worth about $141,000. Jefferies Group LLC reaffirmed a "buy" rating and issued a $8.00 price target on shares of Fairmount Santrol Holdings in a research report on Monday, May 15th. Metropolitan Life Insurance Co. State Street boosted its position in stocks of Fairmount Santrol Holdings by 34.2% in the Q4. Bank of Montreal Can now owns 83,658 shares of the industrial products company's stock worth $327,000 after buying an additional 82,700 shares during the period. Tudor Investment Corp Et Al now owns 58,667 shares of the industrial products company's stock valued at $692,000 after buying an additional 7,650 shares during the last quarter.
On June 22, 2017 the stock rating was rated "Accumulate" according to a Johnson Rice report which was a cut from the previous " rating.
Fairmount Santrol Holdings (NYSE:FMSA) saw unusually big options trading on early Friday. The Firm operates through two divisions: Proppant Solutions, and Industrial & Recreational Products.
Fairmount Santrol Holdings Inc is a provider of sand-based proppant solutions.