Shares of Fairmount Santrol Holdings Inc. (NYSE:FMSA) have been assigned an average recommendation of “Hold” from the twenty-five analysts that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, thirteen have assigned a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $5.95.

A number of brokerages recently issued reports on FMSA. TheStreet raised Fairmount Santrol from a “d+” rating to a “c-” rating in a research note on Tuesday, November 21st. Zacks Investment Research lowered Fairmount Santrol from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. B. Riley reissued 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 target on Fairmount Santrol and gave the stock a “buy” rating in a research note on Thursday, January 11th. Finally, Scotia Howard Weill reissued a “sector perform” rating on shares of Fairmount Santrol in a research note on Friday, January 12th.

A number of hedge funds and other institutional investors have recently modified their holdings of FMSA. Schwab Charles Investment Management Inc. raised its position in Fairmount Santrol by 12.3% during 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 purchasing an additional 65,926 shares in the last quarter. Legal & General Group Plc raised its position in Fairmount Santrol by 28.1% during the 2nd quarter. Legal & General Group Plc now owns 47,817 shares of the industrial products company’s stock valued at $187,000 after purchasing an additional 10,494 shares in the last quarter. Principal Financial Group Inc. raised its position in Fairmount Santrol by 183.3% during the 2nd quarter. Principal Financial Group Inc. now owns 31,107 shares of the industrial products company’s stock valued at $121,000 after purchasing an additional 20,128 shares in the last quarter. Swiss National Bank raised its position in Fairmount Santrol by 8.8% during the 2nd quarter. Swiss National Bank now owns 259,900 shares of the industrial products company’s stock valued at $1,014,000 after purchasing an additional 21,100 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in Fairmount Santrol by 58.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 689,224 shares of the industrial products company’s stock valued at $2,687,000 after purchasing an additional 254,303 shares in the last quarter. 75.32% of the stock is owned by institutional investors and hedge funds.

Shares of Fairmount Santrol (NYSE:FMSA) remained flat at $$4.64 during mid-day trading on Tuesday. The company had a trading volume of 393,689 shares, compared to its average volume of 2,928,445. Fairmount Santrol has a twelve month low of $2.46 and a twelve month high of $13.02. 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 capitalization of $1,060.00, a P/E ratio of 94.40 and a beta of 2.05.

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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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