FTS International Inc (NYSE:FTSI) traded down 2.4% on Monday . The stock traded as low as $15.35 and last traded at $16.03. 11,504 shares changed hands during trading, a decline of 98% from the average session volume of 471,609 shares. The stock had previously closed at $15.65.

Several equities research analysts recently weighed in on the company. Zacks Investment Research cut FTS International from a “hold” rating to a “sell” rating in a research note on Wednesday, May 2nd. Credit Suisse Group decreased their target price on FTS International from $27.00 to $26.00 and set an “outperform” rating for the company in a research note on Wednesday, May 2nd. Wells Fargo & Co assumed coverage on FTS International in a research note on Tuesday, February 27th. They set an “outperform” rating and a $34.00 target price for the company. Piper Jaffray Companies assumed coverage on FTS International in a research note on Tuesday, February 27th. They set an “overweight” rating for the company. Finally, Barclays assumed coverage on FTS International in a research note on Tuesday, February 27th. They set an “overweight” rating and a $30.00 target price for the company. One analyst has rated the stock with a sell rating, one has given a hold rating and eight have assigned a buy rating to the company. FTS International currently has a consensus rating of “Buy” and a consensus target price of $29.29.

The company has a debt-to-equity ratio of -8.54, a quick ratio of 2.20 and a current ratio of 2.45.

FTS International (NYSE:FTSI) last issued its quarterly earnings data on Tuesday, May 1st. The company reported $5.79 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.77 by $5.02. The firm had revenue of $467.50 million during the quarter, compared to analysts’ expectations of $468.00 million. research analysts expect that FTS International Inc will post 4.29 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently modified their holdings of the business. Citigroup Inc. purchased a new stake in FTS International in the first quarter valued at approximately $102,000. Sei Investments Co. purchased a new stake in FTS International in the first quarter valued at approximately $117,000. Oppenheimer Asset Management Inc. purchased a new stake in FTS International in the first quarter valued at approximately $199,000. New York State Common Retirement Fund purchased a new stake in FTS International in the first quarter valued at approximately $226,000. Finally, Barclays PLC purchased a new stake in FTS International in the first quarter valued at approximately $247,000. Institutional investors own 64.01% of the company’s stock.

About FTS International

FTS International, Inc provides hydraulic fracturing services in North America. Its services enhance hydrocarbon flow from oil and natural gas wells drilled by exploration and production companies (E&P), in shale and other unconventional resource formations. The company's wireline services primarily consist of setting plugs between hydraulic fracturing stages, creating perforations within hydraulic fracturing stages, and logging the characteristics of resource formations.

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