Fairmount Santrol Holdings (FMSA) Receiving Somewhat Favorable Media Coverage, Study Shows
Media stories about Fairmount Santrol Holdings (NYSE:FMSA) have trended somewhat positive on Monday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Fairmount Santrol Holdings earned a news impact score of 0.13 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 45.8379494176613 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment’s analysis:
- Fairmount Santrol Holdings Inc. (FMSA) Expected to Announce Quarterly Sales of $261.03 Million (americanbankingnews.com)
- Short Interest in Fairmount Santrol Holdings Inc. (FMSA) Grows By 19.5% (americanbankingnews.com)
- HCLP, EMES: What Frac Sand MLP Valuations Indicate (marketrealist.com)
- Wall Street Analysts Seem Bullish on Hi-Crush Partners (marketrealist.com)
- Fairmount Santrol Holdings, Inc. – Value Analysis (NYSE:FMSA) : September 14, 2017 (finance.yahoo.com)
Several analysts recently issued reports on the stock. Northcoast Research raised shares of Fairmount Santrol Holdings from a “sell” rating to a “neutral” rating in a research note on Tuesday, June 27th. Johnson Rice cut shares of Fairmount Santrol Holdings from a “buy” rating to an “accumulate” rating and dropped their price objective for the company from $10.00 to $6.00 in a research note on Thursday, June 22nd. Morgan Stanley reaffirmed an “overweight” rating and set a $8.00 price objective (down previously from $14.50) on shares of Fairmount Santrol Holdings in a research note on Wednesday, June 21st. Credit Suisse Group cut shares of Fairmount Santrol Holdings from an “outperform” rating to a “neutral” rating and dropped their price objective for the company from $12.00 to $4.00 in a research note on Thursday, July 20th. Finally, Jefferies Group LLC dropped their price objective on shares of Fairmount Santrol Holdings from $8.00 to $5.00 and set a “buy” rating for the company in a research note on Monday, August 28th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $6.94.
Fairmount Santrol Holdings (FMSA) opened at 3.45 on Monday. The company’s 50 day moving average is $2.87 and its 200-day moving average is $4.82. Fairmount Santrol Holdings has a 52-week low of $2.46 and a 52-week high of $13.12. The stock’s market cap is $773.08 million.
Fairmount Santrol Holdings (NYSE:FMSA) last released its earnings results on Thursday, August 3rd. The industrial products company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.02. Fairmount Santrol Holdings had a negative net margin of 6.11% and a negative return on equity of 24.37%. The firm had revenue of $233.20 million during the quarter, compared to the consensus estimate of $231.16 million. During the same period in the previous year, the firm earned ($0.54) earnings per share. Fairmount Santrol Holdings’s revenue was up 104.2% compared to the same quarter last year. On average, equities analysts anticipate that Fairmount Santrol Holdings will post $0.27 earnings per share for the current year.
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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.
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