Fairmount Santrol Holdings Inc. (NYSE:FMSA) is scheduled to announce its earnings results before the market opens on Thursday, November 2nd. Analysts expect the company to announce earnings of $0.13 per share for the quarter.
Fairmount Santrol Holdings (NYSE:FMSA) last released its quarterly earnings data on Thursday, August 3rd. The industrial products company reported $0.05 EPS for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.02. The company had revenue of $233.20 million during the quarter, compared to the consensus estimate of $231.16 million. Fairmount Santrol Holdings had a negative net margin of 6.11% and a negative return on equity of 24.37%. Fairmount Santrol Holdings’s quarterly revenue was up 104.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.54) EPS. On average, analysts expect Fairmount Santrol Holdings to post $0.27 EPS for the current fiscal year and $0.52 EPS for the next fiscal year.
Fairmount Santrol Holdings Inc. (FMSA) traded up 3.66% during mid-day trading on Tuesday, reaching $3.97. 580,225 shares of the company’s stock were exchanged. Fairmount Santrol Holdings Inc. has a 1-year low of $2.46 and a 1-year high of $13.12. The firm’s 50-day moving average is $4.15 and its 200 day moving average is $4.03. The stock’s market capitalization is $889.60 million.
A number of equities analysts have recently weighed in on the stock. Jefferies Group LLC cut their price objective on shares of Fairmount Santrol Holdings from $8.00 to $5.00 and set a “buy” rating for the company in a research report on Monday, August 28th. Credit Suisse Group lowered shares of Fairmount Santrol Holdings from an “outperform” rating to a “neutral” rating and cut their price objective for the company from $12.00 to $4.00 in a research report on Thursday, July 20th. Goldman Sachs Group, Inc. (The) lowered shares of Fairmount Santrol Holdings from a “neutral” rating to a “sell” rating and cut their price objective for the company from $11.00 to $2.00 in a research report on Thursday, July 20th. Citigroup Inc. boosted their price objective on shares of Fairmount Santrol Holdings from $4.25 to $6.00 and gave the company a “buy” rating in a research report on Thursday, October 5th. Finally, Royal Bank Of Canada reissued a “buy” rating on shares of Fairmount Santrol Holdings in a research report on Thursday, July 20th. Five investment analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $6.79.
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About Fairmount Santrol Holdings
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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