Hi-Crush Partners (HCLP) Receives Daily News Impact Score of 0.03
News coverage about Hi-Crush Partners (NYSE:HCLP) has been trending somewhat positive on Wednesday, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hi-Crush Partners earned a daily sentiment score of 0.03 on Accern’s scale. Accern also assigned headlines about the basic materials company an impact score of 46.4157500221224 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- Evening Movers: Hi-Crush Partners Jumps; Cree Slumps (finance.yahoo.com)
- Hi-Crush Partners LP (HCLP) Cut to Sell at Zacks Investment Research (americanbankingnews.com)
- Hi-Crush Partners LP (HCLP) Facts and Figures – ExpertGazette (expertgazette.com)
- Hi-Crush Partners LP breached its 50 day moving average in a Bearish Manner : HCLP-US : October 17, 2017 (finance.yahoo.com)
- Hi-Crush Partners LP Resumes Distribution for the Third Quarter of 2017 and Announces Unit Buyback Program (finance.yahoo.com)
Hi-Crush Partners (NYSE:HCLP) last announced its quarterly earnings data on Wednesday, August 2nd. The basic materials company reported $0.18 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.18. The company had revenue of $135.22 million for the quarter, compared to analysts’ expectations of $138.61 million. Hi-Crush Partners had a negative net margin of 2.53% and a negative return on equity of 1.58%. Hi-Crush Partners’s revenue was up 251.9% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.26) EPS.
Several analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Hi-Crush Partners from a “hold” rating to a “sell” rating in a report on Tuesday. Cowen and Company set a $12.00 price objective on shares of Hi-Crush Partners and gave the company a “buy” rating in a report on Wednesday. Janney Montgomery Scott assumed coverage on shares of Hi-Crush Partners in a report on Wednesday, September 6th. They issued a “neutral” rating and a $10.00 price objective on the stock. BidaskClub downgraded shares of Hi-Crush Partners from a “buy” rating to a “hold” rating in a report on Tuesday. Finally, Johnson Rice assumed coverage on shares of Hi-Crush Partners in a report on Friday, June 23rd. They issued an “accumulate” rating and a $17.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $16.58.
Hi-Crush Partners Company Profile
Hi-Crush Partners LP is an integrated producer, transporter, marketer and distributor of monocrystalline sand, a specialized mineral that is used as a proppant to manage the recovery rates of hydrocarbons from oil and natural gas wells. Its reserves consist of northern white sand, a resource in Wisconsin and limited portions of the upper Midwest region of the United States.
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