Fairmount Santrol Holdings Inc. (NYSE:FMSA) has been given a consensus rating of “Hold” by the twenty research firms that are presently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $5.70.

Several analysts have recently commented on FMSA 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 report on Thursday, June 22nd. Jefferies Group LLC reaffirmed a “buy” rating and set a $8.00 price objective on shares of Fairmount Santrol Holdings in a research report on Monday, May 15th. Citigroup Inc. raised their price objective on shares of Fairmount Santrol Holdings from $7.00 to $8.00 and gave the stock a “buy” rating in a research report on Friday, June 9th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Fairmount Santrol Holdings in a research report on Thursday, July 20th. Finally, Cowen and Company set a $6.00 price objective on shares of Fairmount Santrol Holdings and gave the stock a “buy” rating in a research report on Friday, August 4th.

A number of institutional investors have recently modified their holdings of FMSA. Exane Derivatives bought a new position in shares of Fairmount Santrol Holdings during the first quarter valued at $213,000. Wellington Management Group LLP boosted its position in shares of Fairmount Santrol Holdings by 1,333.9% in the first quarter. Wellington Management Group LLP now owns 443,535 shares of the industrial products company’s stock valued at $3,251,000 after buying an additional 412,604 shares during the period. Vanguard Group Inc. boosted its position in shares of Fairmount Santrol Holdings by 3.2% in the first quarter. Vanguard Group Inc. now owns 12,132,400 shares of the industrial products company’s stock valued at $88,930,000 after buying an additional 370,651 shares during the period. Viking Fund Management LLC boosted its position in shares of Fairmount Santrol Holdings by 32.8% in the first quarter. Viking Fund Management LLC now owns 1,660,000 shares of the industrial products company’s stock valued at $12,168,000 after buying an additional 410,000 shares during the period. Finally, Clinton Group Inc. bought a new position in shares of Fairmount Santrol Holdings during the first quarter valued at $132,000. Institutional investors and hedge funds own 79.53% of the company’s stock.

Fairmount Santrol Holdings (NYSE:FMSA) traded down 2.28% during mid-day trading on Tuesday, reaching $2.57. 4,997,399 shares of the company’s stock traded hands. Fairmount Santrol Holdings has a 1-year low of $2.46 and a 1-year high of $13.12. The firm has a 50 day moving average of $3.11 and a 200 day moving average of $6.03. The firm’s market cap is $575.89 million.

Fairmount Santrol Holdings (NYSE:FMSA) last announced its quarterly earnings data on Thursday, August 3rd. The industrial products company reported $0.05 EPS for the quarter, topping the 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%. The company’s quarterly revenue was up 104.2% on a year-over-year basis. During the same quarter last year, the firm posted ($0.54) EPS. Analysts forecast that Fairmount Santrol Holdings will post $0.27 EPS for the current year.

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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.

Analyst Recommendations for Fairmount Santrol Holdings (NYSE:FMSA)

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