Fairmount Santrol (NYSE:FMSA)‘s stock had its “hold” rating reaffirmed by stock analysts at B. Riley in a report released on Wednesday. They presently have a $6.00 target price on the industrial products company’s stock. B. Riley’s target price suggests a potential upside of 17.42% from the company’s current price. B. Riley also issued estimates for Fairmount Santrol’s Q4 2017 earnings at $0.13 EPS, FY2017 earnings at $0.28 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.

Other equities analysts have also issued reports about the stock. TheStreet upgraded shares of Fairmount Santrol from a “d+” rating to a “c-” rating in a report on Tuesday, November 21st. Zacks Investment Research lowered shares of Fairmount Santrol from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Cowen set a $6.00 target price on shares of Fairmount Santrol and gave the company a “buy” rating in a research note on Wednesday, October 18th. BidaskClub lowered shares of Fairmount Santrol from a “buy” rating to a “hold” rating in a research note on Tuesday, October 17th. Finally, Wells Fargo & Company lowered shares of Fairmount Santrol from an “outperform” rating to a “market perform” rating in a research note on Monday, October 16th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and ten have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $6.39.

Shares of Fairmount Santrol (FMSA) traded up $0.07 during midday trading on Wednesday, reaching $5.11. 12,859,700 shares of the company were exchanged, compared to its average volume of 5,885,164. Fairmount Santrol has a 52 week low of $2.46 and a 52 week high of $13.12. The stock has a market cap of $1,129.43, a price-to-earnings ratio of 126.00 and a beta of 2.11. The company has a debt-to-equity ratio of 2.65, a quick ratio of 2.11 and a current ratio of 2.52.

Fairmount Santrol (NYSE:FMSA) last announced its quarterly earnings data on Thursday, November 2nd. The industrial products company reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $264.02 million. During the same period in the previous year, the business earned ($0.11) EPS. The firm’s revenue for the quarter was up 107.8% on a year-over-year basis. equities research analysts predict that Fairmount Santrol will post 0.29 earnings per share for the current year.

Several hedge funds have recently modified their holdings of FMSA. Dimensional Fund Advisors LP bought a new stake in shares of Fairmount Santrol during the 3rd quarter valued at $101,000. Point72 Asia Hong Kong Ltd grew its position in shares of Fairmount Santrol by 1,014.4% during 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 acquiring an additional 12,974 shares during the period. GSA Capital Partners LLP grew its position in shares of Fairmount Santrol by 92.3% during the 3rd quarter. GSA Capital Partners LLP now owns 22,343 shares of the industrial products company’s stock valued at $107,000 after acquiring an additional 10,726 shares during the period. Schnieders Capital Management LLC grew its position in shares of Fairmount Santrol by 46.7% during the 1st quarter. Schnieders Capital Management LLC now owns 15,700 shares of the industrial products company’s stock valued at $115,000 after acquiring an additional 5,000 shares during the period. Finally, Principal Financial Group Inc. grew its position in shares of Fairmount Santrol by 183.3% during the 2nd quarter. Principal Financial Group Inc. now owns 31,107 shares of the industrial products company’s stock valued at $121,000 after acquiring an additional 20,128 shares during the period. 75.37% of the stock is owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION WARNING: This story was first posted by American Banking News and is the sole property of of American Banking News. If you are reading this story on another site, it was stolen and reposted in violation of United States and international trademark & copyright law. The original version of this story can be viewed at https://www.americanbankingnews.com/2017/12/13/fairmount-santrol-fmsa-stock-rating-reaffirmed-by-b-riley.html.

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.

Analyst Recommendations for Fairmount Santrol (NYSE:FMSA)

Receive News & Ratings for Fairmount Santrol Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fairmount Santrol and related companies with MarketBeat.com's FREE daily email newsletter.