DA Davidson reiterated their sell rating on shares of FMSA Holdings Inc. (NYSE:FMSA) in a research note published on Thursday morning. The brokerage currently has a $3.00 price target on the stock.

A number of other brokerages have also commented on FMSA. Barclays PLC initiated coverage on shares of FMSA Holdings in a research note on Wednesday, August 10th. They set an equal weight rating and a $9.00 price target for the company. Credit Suisse Group AG upgraded shares of FMSA Holdings from a neutral rating to an outperform rating and boosted their price target for the company from $7.00 to $11.00 in a research note on Monday, November 7th. Zacks Investment Research upgraded shares of FMSA Holdings from a hold rating to a buy rating and set a $10.00 price target for the company in a research note on Wednesday, October 5th. Jefferies Group restated a hold rating and set a $10.00 price target on shares of FMSA Holdings in a research note on Wednesday, October 19th. Finally, Citigroup Inc. boosted their price target on shares of FMSA Holdings from $9.50 to $12.25 and gave the company a buy rating in a research note on Tuesday, October 11th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have assigned a buy rating to the company. The company currently has an average rating of Buy and a consensus price target of $9.01.

Analyst Recommendations for FMSA Holdings (NYSE:FMSA)

FMSA Holdings (NYSE:FMSA) opened at 8.30 on Thursday. FMSA Holdings has a 12 month low of $1.00 and a 12 month high of $9.90. The stock has a 50 day moving average of $8.65 and a 200 day moving average of $7.14. The company’s market capitalization is $1.85 billion.

FMSA Holdings (NYSE:FMSA) last released its quarterly earnings data on Thursday, November 3rd. The company reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.11) by $0.04. The company earned $134.80 million during the quarter, compared to the consensus estimate of $132.51 million. The business’s revenue was down 21.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.05) EPS. Equities analysts anticipate that FMSA Holdings will post ($0.35) EPS for the current fiscal year.

Large investors have recently made changes to their positions in the stock. Viking Fund Management LLC purchased a new stake in shares of FMSA Holdings during the second quarter worth about $5,551,000. Bank of New York Mellon Corp boosted its stake in shares of FMSA Holdings by 17.3% in the second quarter. Bank of New York Mellon Corp now owns 569,467 shares of the company’s stock worth $4,392,000 after buying an additional 83,794 shares in the last quarter. California State Teachers Retirement System boosted its stake in shares of FMSA Holdings by 1.9% in the second quarter. California State Teachers Retirement System now owns 138,086 shares of the company’s stock worth $1,065,000 after buying an additional 2,546 shares in the last quarter. Emerald Acquisition Ltd. purchased a new stake in shares of FMSA Holdings during the second quarter worth about $1,026,000. Finally, EAM Investors LLC purchased a new stake in shares of FMSA Holdings during the second quarter worth about $2,096,000. Institutional investors and hedge funds own 14.53% of the company’s stock.

About FMSA Holdings

Fairmount Santrol Holdings Inc, formerly FMSA Holdings Inc, provides 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.

5 Day Chart for NYSE:FMSA

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