Fairmount Santrol Holdings Inc. (FMSA) Receives Average Recommendation of “Hold” from Brokerages

Shares of Fairmount Santrol Holdings Inc. (NYSE:FMSA) have been given a consensus rating of “Hold” by the twenty-five ratings firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating and ten have given a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $5.95.

A number of equities research analysts have recently weighed in on the stock. Zacks Investment Research lowered shares of Fairmount Santrol from a “hold” rating to a “sell” rating in a report on Monday, January 8th. Barclays boosted their price objective on shares of Fairmount Santrol from $4.00 to $5.00 and gave the stock an “equal weight” rating in a report on Monday, November 20th. Cowen set a $6.00 price objective on shares of Fairmount Santrol and gave the stock a “buy” rating in a report on Wednesday, October 18th. TheStreet upgraded shares of Fairmount Santrol from a “d+” rating to a “c-” rating in a report on Tuesday, November 21st. Finally, Guggenheim upgraded shares of Fairmount Santrol from a “neutral” rating to a “buy” rating and set a $7.00 price target for the company in a report on Monday, December 18th.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Parametric Portfolio Associates LLC raised its holdings in Fairmount Santrol by 4.6% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 171,422 shares of the industrial products company’s stock worth $669,000 after purchasing an additional 7,472 shares in the last quarter. Legal & General Group Plc raised its holdings in Fairmount Santrol by 28.1% in the 2nd quarter. Legal & General Group Plc now owns 47,817 shares of the industrial products company’s stock worth $187,000 after purchasing an additional 10,494 shares in the last quarter. GSA Capital Partners LLP raised its holdings in Fairmount Santrol by 92.3% in the 3rd quarter. GSA Capital Partners LLP now owns 22,343 shares of the industrial products company’s stock worth $107,000 after purchasing an additional 10,726 shares in the last quarter. NEXT Financial Group Inc raised its holdings in Fairmount Santrol by 86.2% in the 4th quarter. NEXT Financial Group Inc now owns 24,200 shares of the industrial products company’s stock worth $127,000 after purchasing an additional 11,200 shares in the last quarter. Finally, Oppenheimer & Co. Inc. raised its holdings in Fairmount Santrol by 80.5% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 27,810 shares of the industrial products company’s stock worth $133,000 after purchasing an additional 12,400 shares in the last quarter. Institutional investors and hedge funds own 75.32% of the company’s stock.

Shares of Fairmount Santrol (NYSE FMSA) traded up $0.05 on Tuesday, hitting $5.11. 1,644,710 shares of the stock were exchanged, compared to its average volume of 2,940,506. The company has a market cap of $1,130.00, a price-to-earnings ratio of 102.80 and a beta of 2.05. The company has a current ratio of 2.52, a quick ratio of 2.11 and a debt-to-equity ratio of 2.65. Fairmount Santrol has a 1 year low of $2.46 and a 1 year high of $13.02.

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About Fairmount Santrol

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)

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