A number of research firms have changed their ratings and price targets for Smart Sand (NASDAQ: SND):

  • 11/17/2017 – Smart Sand was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $8.50 price target on the stock. According to Zacks, “Smart Sand, Inc. is a producer of northern white raw frac sand for the oil and gas industry. It offers proppant and related logistics services for oil and gas recovery from unconventional wells. Smart Sand, Inc. is headquartered in the Woodlands, Texas. “
  • 11/15/2017 – Smart Sand was downgraded by analysts at Jefferies Group LLC from a “buy” rating to a “hold” rating. They now have a $7.00 price target on the stock.
  • 11/14/2017 – Smart Sand had its price target raised by analysts at Credit Suisse Group from $5.50 to $8.50. They now have a “neutral” rating on the stock.
  • 11/12/2017 – Smart Sand was given a new $10.00 price target on by analysts at Piper Jaffray Companies. They now have a “buy” rating on the stock.
  • 10/31/2017 – Smart Sand was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Smart Sand, Inc. is a producer of northern white raw frac sand for the oil and gas industry. It offers proppant and related logistics services for oil and gas recovery from unconventional wells. Smart Sand, Inc. is headquartered in the Woodlands, Texas. “
  • 10/18/2017 – Smart Sand was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 10/13/2017 – Smart Sand had its “overweight” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $8.15 price target on the stock, up previously from $7.75.
  • 10/11/2017 – Smart Sand was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Smart Sand, Inc. is a producer of northern white raw frac sand for the oil and gas industry. It offers proppant and related logistics services for oil and gas recovery from unconventional wells. Smart Sand, Inc. is headquartered in the Woodlands, Texas. “
  • 10/10/2017 – Smart Sand is now covered by analysts at Deutsche Bank AG. They set a “buy” rating and a $9.00 price target on the stock.
  • 10/5/2017 – Smart Sand was given a new $7.00 price target on by analysts at Jefferies Group LLC. They now have a “buy” rating on the stock.
  • 9/26/2017 – Smart Sand was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.

Shares of Smart Sand Inc (NASDAQ SND) opened at $7.89 on Wednesday. The company has a market cap of $329.20 and a price-to-earnings ratio of 12.09. Smart Sand Inc has a one year low of $4.81 and a one year high of $21.99.

Smart Sand (NASDAQ:SND) last announced its quarterly earnings results on Thursday, November 9th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.10 by $0.07. The business had revenue of $39.33 million for the quarter, compared to analysts’ expectations of $33.60 million. Smart Sand had a net margin of 18.67% and a return on equity of 14.41%. The business’s quarterly revenue was up 259.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.06 EPS. analysts expect that Smart Sand Inc will post 0.4 earnings per share for the current year.

In related news, VP Robert Kiszka purchased 10,000 shares of the firm’s stock in a transaction on Friday, August 25th. The shares were acquired at an average price of $5.53 per share, for a total transaction of $55,300.00. Following the purchase, the vice president now directly owns 110,629 shares in the company, valued at $611,778.37. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

Smart Sand, Inc is a producer of Northern White raw frac sand, which is a proppant used to enhance hydrocarbon recovery rates in the hydraulic fracturing of oil and natural gas wells. The Company sells its products primarily to oil and natural gas exploration and production companies and oilfield service companies under a combination of long-term take-or-pay contracts and spot sales in the open market.

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