Fairmount Santrol (NYSE:FMSA)‘s stock had its “sector perform” rating reiterated by analysts at Scotia Howard Weill in a research note issued to investors on Friday.

Other equities analysts have also issued reports about the stock. Citigroup raised their target price on shares of Fairmount Santrol from $4.25 to $6.00 and gave the stock a “buy” rating in a research report on Thursday, October 5th. Cowen set a $6.00 target price on shares of Fairmount Santrol and gave the stock a “buy” rating in a research report on Wednesday, October 18th. BidaskClub upgraded shares of Fairmount Santrol from a “hold” rating to a “buy” rating in a research report on Wednesday, September 27th. Royal Bank of Canada set a $6.00 target price on shares of Fairmount Santrol and gave the stock a “buy” rating in a research report on Sunday, November 12th. Finally, Seaport Global Securities initiated coverage on shares of Fairmount Santrol in a research report on Friday, December 8th. They set a “buy” rating and a $8.00 target price on the stock. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have assigned a buy rating to the stock. Fairmount Santrol has a consensus rating of “Hold” and a consensus target price of $5.95.

Fairmount Santrol (FMSA) opened at $6.03 on Friday. The company has a current ratio of 2.52, a quick ratio of 2.11 and a debt-to-equity ratio of 2.65. The stock has a market cap of $1,350.00, a P/E ratio of 120.60 and a beta of 2.11. Fairmount Santrol has a 1 year low of $2.46 and a 1 year 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, topping analysts’ consensus estimates of $0.13 by $0.02. The business had revenue of $280.05 million for 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%. The company’s revenue for the quarter was up 107.8% compared to the same quarter last year. During the same period last year, the firm posted ($0.11) earnings per share. research analysts predict that Fairmount Santrol will post 0.29 EPS for the current year.

A number of large investors have recently bought and sold shares of FMSA. Schwab Charles Investment Management Inc. grew its position in Fairmount Santrol by 12.3% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 602,375 shares of the industrial products company’s stock valued at $2,350,000 after buying an additional 65,926 shares during the last quarter. Rhumbline Advisers lifted its holdings in Fairmount Santrol by 56.8% in the second quarter. Rhumbline Advisers now owns 177,544 shares of the industrial products company’s stock valued at $692,000 after acquiring an additional 64,314 shares during the period. Legal & General Group Plc lifted its holdings in Fairmount Santrol 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 period. Principal Financial Group Inc. lifted its holdings in Fairmount Santrol by 183.3% in the second quarter. Principal Financial Group Inc. now owns 31,107 shares of the industrial products company’s stock valued at $121,000 after acquiring an additional 20,128 shares during the period. Finally, Swiss National Bank lifted its holdings in Fairmount Santrol by 8.8% in the second quarter. Swiss National Bank now owns 259,900 shares of the industrial products company’s stock valued at $1,014,000 after acquiring an additional 21,100 shares during the period. Hedge funds and other institutional investors own 75.29% of the company’s stock.

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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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