Fairmount Santrol Holdings Inc. (NYSE:FMSA) issued its earnings results on Thursday. The industrial products company reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.02, Briefing.com reports. Fairmount Santrol Holdings had a return on equity of 4.24% and a net margin of 1.69%. The company had revenue of $280.05 million for the quarter, compared to analyst estimates of $264.02 million. During the same period in the prior year, the firm earned ($0.11) earnings per share. Fairmount Santrol Holdings’s revenue for the quarter was up 107.8% on a year-over-year basis.

Shares of Fairmount Santrol Holdings (NYSE FMSA) traded up $0.40 during trading hours on Friday, reaching $4.60. The company’s stock had a trading volume of 3,738,326 shares, compared to its average volume of 4,571,853. The company has a market cap of $1,030.77, a P/E ratio of 115.00 and a beta of 2.06. The company has a debt-to-equity ratio of 3.05, a current ratio of 3.29 and a quick ratio of 2.75. Fairmount Santrol Holdings has a 52-week low of $2.46 and a 52-week high of $13.12.

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Several equities research analysts recently issued reports on FMSA shares. Jefferies Group LLC decreased their price target on Fairmount Santrol Holdings from $8.00 to $5.00 and set a “buy” rating for the company in a report on Monday, August 28th. Credit Suisse Group downgraded Fairmount Santrol Holdings from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $12.00 to $4.00 in a report on Thursday, July 20th. Goldman Sachs Group, Inc. (The) downgraded Fairmount Santrol Holdings from a “neutral” rating to a “sell” rating and decreased their price target for the stock from $11.00 to $2.00 in a report on Thursday, July 20th. Citigroup Inc. upped their price target on Fairmount Santrol Holdings from $4.25 to $6.00 and gave the stock a “buy” rating in a report on Thursday, October 5th. Finally, Royal Bank Of Canada reiterated a “buy” rating on shares of Fairmount Santrol Holdings in a report on Thursday, July 20th. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and nine have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $6.85.

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.

Earnings History for Fairmount Santrol Holdings (NYSE:FMSA)

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