Brokerages predict that Fairmount Santrol Holdings Inc. (NYSE:FMSA) will report $0.14 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for Fairmount Santrol’s earnings. The highest EPS estimate is $0.17 and the lowest is $0.12. Fairmount Santrol posted earnings per share of ($0.11) in the same quarter last year, which would suggest a positive year over year growth rate of 227.3%. The business is expected to announce its next earnings report on Thursday, March 8th.

On average, analysts expect that Fairmount Santrol will report full-year earnings of $0.28 per share for the current year, with EPS estimates ranging from $0.23 to $0.32. For the next fiscal year, analysts anticipate that the company will post earnings of $0.57 per share, with EPS estimates ranging from $0.22 to $0.73. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow Fairmount Santrol.

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

A number of research analysts have commented on FMSA shares. Credit Suisse Group upped their price target on Fairmount Santrol from $4.00 to $5.00 and gave the company a “neutral” rating in a research report on Friday, November 3rd. Jefferies Group decreased their target price on Fairmount Santrol from $8.00 to $5.00 and set a “buy” rating for the company in a research report on Monday, August 28th. Citigroup increased their target price on Fairmount Santrol from $4.25 to $6.00 and gave the stock a “buy” rating in a research report on Thursday, October 5th. Royal Bank Of Canada set a $6.00 target price on Fairmount Santrol and gave the stock a “buy” rating in a research report on Sunday, November 12th. Finally, Zacks Investment Research lowered Fairmount Santrol from a “hold” rating to a “sell” rating in a research report on Monday, October 30th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and nine have assigned a buy rating to the company. Fairmount Santrol currently has a consensus rating of “Hold” and a consensus target price of $6.31.

Fairmount Santrol (FMSA) traded up $0.08 on Friday, reaching $4.90. The company’s stock had a trading volume of 4,878,119 shares, compared to its average volume of 5,939,215. The company has a market cap of $1,082.37, a price-to-earnings ratio of 120.75 and a beta of 2.06. The company has a debt-to-equity ratio of 2.65, a current ratio of 2.52 and a quick ratio of 2.11. Fairmount Santrol has a fifty-two week low of $2.46 and a fifty-two week high of $13.12.

A number of hedge funds have recently bought and sold shares of the stock. Hartland & Co. LLC boosted its stake in Fairmount Santrol by 6.5% during the 3rd quarter. Hartland & Co. LLC now owns 14,428,795 shares of the industrial products company’s stock valued at $68,970,000 after purchasing an additional 875,446 shares during the last quarter. Vanguard Group Inc. lifted its position in Fairmount Santrol by 6.0% during the second quarter. Vanguard Group Inc. now owns 12,863,759 shares of the industrial products company’s stock valued at $50,169,000 after purchasing an additional 731,359 shares in the last quarter. ING Groep NV purchased a new position in Fairmount Santrol during the third quarter valued at $24,846,000. Elliott Management Corp purchased a new position in Fairmount Santrol during the second quarter valued at $18,720,000. Finally, State Street Corp lifted its position in Fairmount Santrol by 50.9% during the second quarter. State Street Corp now owns 4,569,533 shares of the industrial products company’s stock valued at $17,820,000 after purchasing an additional 1,540,859 shares in the last quarter. 75.49% of the stock is owned by 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.

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