Fairmount Santrol (NYSE:FMSA)‘s stock had its “neutral” rating reaffirmed by analysts at B. Riley in a note issued to investors on Wednesday. They presently have a $6.00 target price on the industrial products company’s stock. B. Riley’s price objective would indicate a potential upside of 22.70% from the stock’s previous close.

Other equities analysts have also issued research reports about the stock. TheStreet upgraded shares of Fairmount Santrol from a “d+” rating to a “c-” rating in a research report on Tuesday, November 21st. Barclays raised their price objective on shares of Fairmount Santrol from $4.00 to $5.00 and gave the company an “equal weight” rating in a research report on Monday, November 20th. ValuEngine upgraded shares of Fairmount Santrol from a “sell” rating to a “hold” rating in a research report on Friday, December 1st. Zacks Investment Research raised shares of Fairmount Santrol from a “sell” rating to a “hold” rating in a research note on Tuesday, November 7th. Finally, Citigroup upped their price objective on shares of Fairmount Santrol from $4.25 to $6.00 and gave the company a “buy” rating in a research note on Thursday, October 5th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and ten have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $6.36.

Shares of Fairmount Santrol (FMSA) traded up $0.04 on Wednesday, reaching $4.89. 2,838,427 shares of the company were exchanged, compared to its average volume of 3,521,637. The company has a market cap of $1,085.73, a price-to-earnings ratio of 121.13 and a beta of 2.11. The company has a quick ratio of 2.11, a current ratio of 2.52 and a debt-to-equity ratio of 2.65. Fairmount Santrol has a 12-month low of $2.46 and a 12-month high of $13.12.

Fairmount Santrol (NYSE:FMSA) last announced its earnings results on Thursday, November 2nd. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.13 by $0.02. The firm had revenue of $280.05 million during the quarter, compared to analyst estimates of $264.02 million. Fairmount Santrol had a net margin of 1.69% and a return on equity of 4.05%. Fairmount Santrol’s revenue was up 107.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.11) EPS. research analysts anticipate that Fairmount Santrol will post 0.29 earnings per share for the current fiscal year.

A number of hedge funds have recently bought and sold shares of FMSA. GSA Capital Partners LLP lifted its position in shares of Fairmount Santrol by 92.3% in the third quarter. GSA Capital Partners LLP now owns 22,343 shares of the industrial products company’s stock worth $107,000 after purchasing an additional 10,726 shares in the last quarter. WealthTrust Fairport LLC lifted its position in shares of Fairmount Santrol by 72.5% in the third quarter. WealthTrust Fairport LLC now owns 44,072 shares of the industrial products company’s stock worth $211,000 after purchasing an additional 18,518 shares in the last quarter. Think Investments LP purchased a new stake in shares of Fairmount Santrol in the third quarter worth approximately $17,643,000. Jane Street Group LLC lifted its position in shares of Fairmount Santrol by 75.9% in the third quarter. Jane Street Group LLC now owns 164,152 shares of the industrial products company’s stock worth $785,000 after purchasing an additional 70,853 shares in the last quarter. Finally, Dimensional Fund Advisors LP purchased a new stake in shares of Fairmount Santrol in the third quarter worth approximately $101,000. 75.37% of the stock is owned by institutional investors.

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About Fairmount Santrol

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 (NYSE:FMSA)

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