Based on an average daily volume of 7,447,288 shares, the days-to-cover ratio is presently 4.9 days.
Quarterly Revenue growth year over year is 18.6 Percent. According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $28.27 on company shares. Johnson Rice downgraded shares of Fairmount Santrol Holdings from a "buy" rating to an "accumulate" rating and reduced their price objective for the stock from $10.00 to $6.00 in a research note on Thursday, June 22nd. The average volume of a stock suggests the liquidity of a particular company. Three investment analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and seven have assigned a buy recommendation to the company. (NYSE FMSA) traded up 9.222% during trading on Wednesday, hitting $2.949.
Let's talk about the gap between analyst price targets for the next 12 months and Fairmount Santrol Holdings Inc. American Securities Llc owns $127.62 million in Fairmount Santrol Holdings Inc., which represents roughly 19.54% of the company's market cap and approximately 25.78% of the institutional ownership.
Fmsa Holdings Inc (NYSE:FMSA) now has a trailing P/E of -3.76 while its forward P/E according to Thomson Reuters is 4.66. 3,618,662 shares of the company were exchanged. Evercore ISI started coverage on shares of Fairmount Santrol Holdings in a research note on Thursday, May 25th. Stock's twelve month price oscillated between $13.12 and $2.58. (FMSA) has been put into a neutral territory, but there are few other spots to consider.
Shares of Fmsa Holdings Inc (NYSE:FMSA) now have an Average Brokerage Recommendation of 1.65, number of Recs in ABR is 10 while industry rank of the company by ABR is out of 265.
FMSA has been the subject of a number of recent research reports. FMR LLC acquired a new position in shares of Fairmount Santrol Holdings during the fourth quarter valued at about $14,216,000. Analysts expect Fairmount Santrol Holdings to post earnings of $0.04 per share for the quarter. AQR Capital Management LLC now owns 129,611 shares of the industrial products company's stock valued at $950,000 after buying an additional 9,653 shares during the last quarter. (FMSA) has the market capitalization of $653.21 Million. (FMSA) is -0.04 while the analysts predicted the EPS of the stock to be -0.04 suggesting the company fell short of the analysts' expectations. The company has a 50-day moving average of $3.83 and a 200-day moving average of $7.23. Creative Planning now owns 112,000 shares of the industrial products company's stock valued at $437,000 after buying an additional 65,214 shares during the period. Finally, Royal Bank Of Canada reaffirmed a "buy" rating on shares of Fairmount Santrol Holdings in a research report on Thursday, July 20th.
Fmsa Holdings Inc (NYSE:FMSA) has grabbed attention from the analysts, when it saw a value increase of 1.89% or 0.05 points in the last trading session to close at $2.7. The firm had revenue of $172.60 million during the quarter, compared to the consensus estimate of $169.50 million. Finally, Northcoast Research raised Fairmount Santrol Holdings from a "sell" rating to a "neutral" rating in a research note on Tuesday, June 27th.
COPYRIGHT VIOLATION WARNING: This report was originally published by BBNS and is the property of of BBNS. Institutional investors and hedge funds own 85.81% of the company's stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. If you are viewing this news story on another publication, it was illegally stolen and republished in violation of US & worldwide copyright law. The original version of this report can be accessed at https://www.thecerbatgem.com/2017/07/26/paloma-partners-management-co-invests-168000-in-fairmount-santrol-holdings-inc-nysefmsa.html. They now have a United States dollars 16 price target on the stock.
Fracture sand king Fairmount Santrol said Monday it has secured a 40-year lease for 3,250 acres of reserves in the Permian Basin near Kermit, TX, with a 165 million ton mining facility that would be able to produce about 3 million tons/year.
The solutions offered by Santrol are used by oil and gas exploration and production companies to increase the productivity of their wells.