Brokerages predict that Hi-Crush Inc. (NYSE:HCR) will announce ($0.05) earnings per share for the current quarter, according to Zacks. Six analysts have issued estimates for Hi-Crush’s earnings, with estimates ranging from ($0.07) to ($0.03). Hi-Crush reported earnings of $0.36 per share during the same quarter last year, which would indicate a negative year over year growth rate of 113.9%. The company is expected to issue its next earnings results on Tuesday, October 29th.

According to Zacks, analysts expect that Hi-Crush will report full year earnings of ($0.20) per share for the current fiscal year, with EPS estimates ranging from ($0.25) to ($0.12). For the next year, analysts expect that the firm will post earnings of ($0.05) per share, with EPS estimates ranging from ($0.25) to $0.20. Zacks’ EPS calculations are an average based on a survey of analysts that cover Hi-Crush.

Hi-Crush (NYSE:HCR) last issued its quarterly earnings data on Tuesday, August 6th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.05) by $0.03. Hi-Crush had a negative net margin of 14.99% and a positive return on equity of 1.87%. The company had revenue of $178.00 million during the quarter, compared to the consensus estimate of $170.08 million.

Several research analysts have recently weighed in on HCR shares. Zacks Investment Research downgraded shares of Hi-Crush from a “hold” rating to a “strong sell” rating in a research note on Thursday, June 6th. ValuEngine raised shares of Hi-Crush from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 1st. AltaCorp Capital lowered shares of Hi-Crush from a “sector perform” rating to an “underperform” rating in a report on Tuesday, July 30th. TheStreet lowered shares of Hi-Crush from a “c-” rating to a “d” rating in a report on Tuesday, September 3rd. Finally, Piper Jaffray Companies set a $2.00 price objective on shares of Hi-Crush and gave the company a “hold” rating in a research report on Monday, August 12th. Three analysts have rated the stock with a sell rating and one has given a hold rating to the company. The company presently has an average rating of “Sell” and a consensus price target of $2.00.

Shares of HCR traded up $0.21 during mid-day trading on Friday, reaching $1.99. 1,490,257 shares of the stock traded hands, compared to its average volume of 1,037,521. The firm has a fifty day moving average of $1.76. Hi-Crush has a 12-month low of $1.27 and a 12-month high of $12.90. The company has a current ratio of 1.29, a quick ratio of 1.03 and a debt-to-equity ratio of 0.76. The stock has a market cap of $163.13 million, a price-to-earnings ratio of 1.34 and a beta of 1.95.

Hi-Crush Company Profile

Hi-Crush Inc, together with its subsidiaries, provides proppant and logistics solutions to the petroleum industry in North America. The company offers raw frac sand used in hydraulic fracturing process for oil and natural gas wells. It owns and operates multiple frac sand mining facilities, which include a 971-acre facility with integrated rail infrastructure located in Wyeville, Wisconsin; a 1,187-acre facility with integrated rail infrastructure located in Eau Claire County, Wisconsin; a 1,285-acre facility with integrated rail infrastructure located in Blair, Wisconsin; and a 1,626-acre facility with integrated rail infrastructure located in Independence, Wisconsin and Whitehall, Wisconsin.

Further Reading: Price-Sales Ratio

Get a free copy of the Zacks research report on Hi-Crush (HCR)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Hi-Crush (NYSE:HCR)

Receive News & Ratings for Hi-Crush Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hi-Crush and related companies with MarketBeat.com's FREE daily email newsletter.