Fairmount Santrol Holdings Inc. (NYSE:FMSA) had its price target boosted by Credit Suisse Group from $4.00 to $5.00 in a report published on Friday. They currently have a neutral rating on the industrial products company’s stock.

A number of other analysts also recently commented on the stock. Jefferies Group LLC dropped their price target on shares of Fairmount Santrol Holdings from $8.00 to $5.00 and set a buy rating on the stock in a research report on Monday, August 28th. Goldman Sachs Group, Inc. (The) cut shares of Fairmount Santrol Holdings from a neutral rating to a sell rating and lowered their price objective for the stock from $11.00 to $2.00 in a research note on Thursday, July 20th. Citigroup Inc. lifted their price objective on shares of Fairmount Santrol Holdings from $4.25 to $6.00 and gave the stock a buy rating in a research note on Thursday, October 5th. Royal Bank Of Canada reaffirmed a buy rating on shares of Fairmount Santrol Holdings in a research note on Thursday, July 20th. Finally, BidaskClub raised shares of Fairmount Santrol Holdings from a sell rating to a hold rating in a research note on Thursday, August 31st. Four investment analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have given a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of $6.85.

Fairmount Santrol Holdings (FMSA) traded up $0.17 during mid-day trading on Friday, hitting $4.77. 3,592,647 shares of the company’s stock were exchanged, compared to its average volume of 4,438,514. Fairmount Santrol Holdings has a one year low of $2.46 and a one year high of $13.12. The company has a market cap of $1,030.77, a P/E ratio of 115.00 and a beta of 2.06. The company has a debt-to-equity ratio of 3.05, a current ratio of 3.29 and a quick ratio of 2.75.

Fairmount Santrol Holdings (NYSE:FMSA) last released its quarterly earnings results on Thursday, November 2nd. The industrial products company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.02. Fairmount Santrol Holdings had a net margin of 1.69% and a return on equity of 4.24%. The company had revenue of $280.05 million for the quarter, compared to the consensus estimate of $264.02 million. During the same period in the previous year, the firm earned ($0.11) EPS. Fairmount Santrol Holdings’s revenue was up 107.8% on a year-over-year basis. sell-side analysts anticipate that Fairmount Santrol Holdings will post 0.27 EPS for the current year.

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Several hedge funds have recently bought and sold shares of the stock. Texan Capital Management lifted its stake in Fairmount Santrol Holdings by 16.3% in the second quarter. Texan Capital Management now owns 50,085 shares of the industrial products company’s stock valued at $195,000 after acquiring an additional 7,020 shares during the last quarter. Parametric Portfolio Associates LLC lifted its stake in Fairmount Santrol Holdings by 4.6% in the second quarter. Parametric Portfolio Associates LLC now owns 171,422 shares of the industrial products company’s stock valued at $669,000 after acquiring an additional 7,472 shares during the last quarter. AQR Capital Management LLC lifted its stake in Fairmount Santrol Holdings by 8.0% in the first quarter. AQR Capital Management LLC now owns 129,611 shares of the industrial products company’s stock valued at $950,000 after acquiring an additional 9,653 shares during the last quarter. Legal & General Group Plc lifted its stake in Fairmount Santrol Holdings by 28.1% in the second quarter. Legal & General Group Plc now owns 47,817 shares of the industrial products company’s stock valued at $187,000 after acquiring an additional 10,494 shares during the last quarter. Finally, Capital Innovations LLC lifted its stake in Fairmount Santrol Holdings by 53.7% in the second quarter. Capital Innovations LLC now owns 39,485 shares of the industrial products company’s stock valued at $154,000 after acquiring an additional 13,800 shares during the last quarter. Institutional investors and hedge funds own 83.86% of the company’s stock.

Fairmount Santrol Holdings Company Profile

Fairmount Santrol Holdings Inc is a provider of sand-based proppant solutions. The Company operates through two segments: Proppant Solutions, and Industrial & Recreational (I&R) Products. Its Proppant Solutions segment provides sand-based proppants for use in hydraulic fracturing operations throughout the United States and Canada, Argentina, Mexico, China, northern Europe and the United Arab Emirates.

Analyst Recommendations for Fairmount Santrol Holdings (NYSE:FMSA)

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