Fairmount Santrol Holdings Inc. (NYSE:FMSA) received a $6.00 price objective from analysts at Royal Bank Of Canada in a note issued to investors on Sunday. The firm presently has a “buy” rating on the industrial products company’s stock. Royal Bank Of Canada’s target price suggests a potential upside of 28.76% from the company’s current price.

Several other equities analysts have also recently commented on FMSA. Cowen and Company set a $6.00 price target on Fairmount Santrol Holdings and gave the company a “buy” rating in a report on Wednesday, October 18th. BidaskClub raised Fairmount Santrol Holdings from a “strong sell” rating to a “sell” rating in a report on Monday, July 31st. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $4.50 price target on shares of Fairmount Santrol Holdings in a report on Monday, August 7th. Credit Suisse Group upped their price target on Fairmount Santrol Holdings from $4.00 to $5.00 and gave the company a “neutral” rating in a report on Friday, November 3rd. Finally, Zacks Investment Research cut Fairmount Santrol Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and nine have given a buy rating to the stock. Fairmount Santrol Holdings presently has an average rating of “Hold” and an average target price of $6.44.

Shares of Fairmount Santrol Holdings (NYSE FMSA) traded down $0.03 during trading hours on Friday, hitting $4.66. The company’s stock had a trading volume of 2,568,100 shares, compared to its average volume of 6,059,448. Fairmount Santrol Holdings has a 12 month low of $2.46 and a 12 month high of $13.12. The firm has a market capitalization of $1,020.00, a PE ratio of 116.50 and a beta of 2.06. The company has a quick ratio of 2.11, a current ratio of 2.52 and a debt-to-equity ratio of 2.65.

Fairmount Santrol Holdings (NYSE:FMSA) last posted its quarterly earnings data on Thursday, November 2nd. The industrial products company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.02. Fairmount Santrol Holdings had a return on equity of 4.05% and a net margin of 1.69%. The business had revenue of $280.05 million during the quarter, compared to analysts’ expectations of $264.02 million. During the same quarter in the previous year, the firm earned ($0.11) EPS. The firm’s revenue was up 107.8% compared to the same quarter last year. equities analysts forecast that Fairmount Santrol Holdings will post 0.27 earnings per share for the current fiscal year.

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Institutional investors and hedge funds have recently made changes to their positions in the business. Dimensional Fund Advisors LP bought a new position in Fairmount Santrol Holdings in the 3rd quarter valued at $101,000. Point72 Asia Hong Kong Ltd lifted its stake in shares of Fairmount Santrol Holdings by 1,014.4% in the 1st quarter. Point72 Asia Hong Kong Ltd now owns 14,253 shares of the industrial products company’s stock valued at $104,000 after purchasing an additional 12,974 shares during the period. Schnieders Capital Management LLC lifted its stake in shares of Fairmount Santrol Holdings by 46.7% in the 1st quarter. Schnieders Capital Management LLC now owns 15,700 shares of the industrial products company’s stock valued at $115,000 after purchasing an additional 5,000 shares during the period. Principal Financial Group Inc. lifted its stake in shares of Fairmount Santrol Holdings by 183.3% in the 2nd quarter. Principal Financial Group Inc. now owns 31,107 shares of the industrial products company’s stock valued at $121,000 after purchasing an additional 20,128 shares during the period. Finally, Clinton Group Inc. acquired a new position in shares of Fairmount Santrol Holdings in the 1st quarter valued at $132,000. Hedge funds and other institutional investors own 83.17% of the company’s stock.

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.

Analyst Recommendations for Fairmount Santrol Holdings (NYSE:FMSA)

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