Fairmount Santrol Holdings Inc. (NYSE:FMSA) – Analysts at B. Riley issued their FY2017 earnings per share (EPS) estimates for Fairmount Santrol in a note issued to investors on Wednesday. B. Riley analyst L. Pipes expects that the industrial products company will earn $0.28 per share for the year. B. Riley has a “Neutral” rating and a $5.50 price objective on the stock. B. Riley also issued estimates for Fairmount Santrol’s Q4 2017 earnings at $0.13 EPS, Q1 2018 earnings at $0.16 EPS, Q2 2018 earnings at $0.16 EPS, Q3 2018 earnings at $0.13 EPS, Q4 2018 earnings at $0.13 EPS, FY2018 earnings at $0.58 EPS and FY2019 earnings at $0.53 EPS.

A number of other equities research analysts have also recently issued reports on the stock. Credit Suisse Group upped their price target on shares of Fairmount Santrol from $4.00 to $5.00 and gave the company a “neutral” rating in a report on Friday, November 3rd. Jefferies Group reduced their target price on shares of Fairmount Santrol from $8.00 to $5.00 and set a “buy” rating for the company in a research note on Monday, August 28th. Royal Bank Of Canada set a $6.00 target price on shares of Fairmount Santrol and gave the company a “buy” rating in a research note on Sunday, November 12th. Zacks Investment Research cut shares of Fairmount Santrol from a “hold” rating to a “sell” rating in a research note on Monday, October 30th. Finally, Citigroup increased their target price on shares of Fairmount Santrol from $4.25 to $6.00 and gave the company a “buy” rating in a research note on Thursday, October 5th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and ten have given a buy rating to the company. Fairmount Santrol currently has a consensus rating of “Hold” and an average price target of $6.36.

Shares of Fairmount Santrol (NYSE:FMSA) opened at $4.89 on Monday. The company has a current ratio of 2.52, a quick ratio of 2.11 and a debt-to-equity ratio of 2.65. Fairmount Santrol has a fifty-two week low of $2.46 and a fifty-two week high of $13.12. The stock has a market cap of $1,095.81, a PE ratio of 122.25 and a beta of 2.11.

Fairmount Santrol (NYSE:FMSA) last released its quarterly earnings results on Thursday, November 2nd. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.13 by $0.02. Fairmount Santrol had a net margin of 1.69% and a return on equity of 4.05%. The company had revenue of $280.05 million during the quarter, compared to analysts’ expectations of $264.02 million. During the same period in the prior year, the company earned ($0.11) earnings per share. The business’s quarterly revenue was up 107.8% compared to the same quarter last year.

Large investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP acquired a new position in Fairmount Santrol in the third quarter worth about $101,000. GSA Capital Partners LLP raised its position in Fairmount Santrol by 92.3% in the third quarter. GSA Capital Partners LLP now owns 22,343 shares of the industrial products company’s stock worth $107,000 after purchasing an additional 10,726 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in Fairmount Santrol by 80.5% in the third quarter. Oppenheimer & Co. Inc. now owns 27,810 shares of the industrial products company’s stock worth $133,000 after purchasing an additional 12,400 shares in the last quarter. FineMark National Bank & Trust acquired a new position in Fairmount Santrol in the third quarter worth about $143,000. Finally, Principal Financial Group Inc. raised its position in Fairmount Santrol by 183.3% in the second quarter. Principal Financial Group Inc. now owns 31,107 shares of the industrial products company’s stock worth $121,000 after purchasing an additional 20,128 shares in the last quarter. 75.37% of the stock is owned by hedge funds and other institutional investors.

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Fairmount Santrol 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.

Earnings History and Estimates for Fairmount Santrol (NYSE:FMSA)

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