Shares of Fairmount Santrol Holdings Inc. (NYSE:FMSA) have been assigned an average recommendation of “Hold” from the twenty ratings firms that are currently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $5.70.

A number of equities research analysts recently weighed in on the company. ValuEngine downgraded Fairmount Santrol Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, May 31st. Jefferies Group LLC set a $8.00 target price on Fairmount Santrol Holdings and gave the stock a “buy” rating in a research report on Tuesday, June 6th. Guggenheim downgraded Fairmount Santrol Holdings from a “buy” rating to a “neutral” rating in a research report on Tuesday, June 27th. BidaskClub raised Fairmount Santrol Holdings from a “strong sell” rating to a “sell” rating in a research report on Monday, July 31st. Finally, Evercore ISI assumed coverage on Fairmount Santrol Holdings in a research report on Thursday, May 25th. They set an “in-line” rating and a $6.00 target price on the stock.

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A number of large investors have recently added to or reduced their stakes in the stock. Capital Innovations LLC increased its stake in Fairmount Santrol Holdings by 4.6% in the first quarter. Capital Innovations LLC now owns 25,685 shares of the industrial products company’s stock worth $188,000 after buying an additional 1,130 shares during the last quarter. Schnieders Capital Management LLC increased its stake in Fairmount Santrol Holdings by 46.7% in the first quarter. Schnieders Capital Management LLC now owns 15,700 shares of the industrial products company’s stock worth $115,000 after buying an additional 5,000 shares during the last quarter. Texan Capital Management increased 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 worth $195,000 after buying an additional 7,020 shares during the last quarter. Parametric Portfolio Associates LLC increased 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 worth $669,000 after buying an additional 7,472 shares during the last quarter. Finally, AQR Capital Management LLC increased 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 worth $950,000 after buying an additional 9,653 shares during the last quarter. 79.53% of the stock is currently owned by institutional investors.

Fairmount Santrol Holdings (FMSA) traded up 2.549% on Tuesday, reaching $2.615. The company’s stock had a trading volume of 2,348,984 shares. The stock’s 50 day moving average is $3.24 and its 200-day moving average is $6.23. The firm’s market capitalization is $585.97 million. Fairmount Santrol Holdings has a 52 week low of $2.47 and a 52 week high of $13.12.

Fairmount Santrol Holdings (NYSE:FMSA) last released its earnings results on Thursday, August 3rd. The industrial products company reported $0.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. Fairmount Santrol Holdings had a negative return on equity of 24.37% and a negative net margin of 6.11%. The business had revenue of $233.20 million for the quarter, compared to the consensus estimate of $231.16 million. During the same period last year, the business earned ($0.54) earnings per share. The firm’s revenue for the quarter was up 104.2% compared to the same quarter last year. Analysts predict that Fairmount Santrol Holdings will post $0.27 EPS for the current year.

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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