Guggenheim upgraded shares of Fairmount Santrol (NYSE:FMSA) from a neutral rating to a buy rating in a research report report published on Monday. The firm currently has $7.00 price target on the industrial products company’s stock.

Other research analysts also recently issued reports about the company. TheStreet raised Fairmount Santrol from a d+ rating to a c- rating in a research note on Tuesday, November 21st. Zacks Investment Research downgraded Fairmount Santrol from a hold rating to a sell rating in a research note on Tuesday, October 17th. B. Riley reaffirmed a neutral rating and set a $6.00 price target on shares of Fairmount Santrol in a research note on Wednesday, December 6th. Cowen set a $6.00 price objective on Fairmount Santrol and gave the stock a buy rating in a research note on Wednesday, October 18th. Finally, BidaskClub downgraded Fairmount Santrol from a buy rating to a hold rating in a research note on Tuesday, October 17th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and eleven have given a buy rating to the company. Fairmount Santrol presently has a consensus rating of Hold and a consensus target price of $5.80.

Fairmount Santrol (FMSA) traded up $0.20 during mid-day trading on Monday, reaching $5.38. The company had a trading volume of 6,696,200 shares, compared to its average volume of 5,877,758. Fairmount Santrol has a fifty-two week low of $2.46 and a fifty-two week high of $13.12. 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 firm has a market cap of $1,160.80, a P/E ratio of 129.50 and a beta of 2.11.

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

Several hedge funds have recently added to or reduced their stakes in FMSA. Dimensional Fund Advisors LP bought a new position in shares of Fairmount Santrol in the third quarter valued at approximately $101,000. GSA Capital Partners LLP grew its holdings 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 valued at $107,000 after acquiring an additional 10,726 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of 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 in the last quarter. BB&T Securities LLC grew its holdings in shares of Fairmount Santrol by 216.8% in the second quarter. BB&T Securities LLC now owns 33,900 shares of the industrial products company’s stock valued at $132,000 after acquiring an additional 23,200 shares in the last quarter. Finally, Oppenheimer & Co. Inc. grew its holdings in shares of Fairmount Santrol by 80.5% in the third quarter. Oppenheimer & Co. Inc. now owns 27,810 shares of the industrial products company’s stock valued at $133,000 after acquiring an additional 12,400 shares in the last quarter. 75.28% of the stock is owned by institutional investors.

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Fairmount Santrol 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 (NYSE:FMSA)

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