Stifel Nicolaus started coverage on shares of FTS International (NYSE:FTSI) in a research report sent to investors on Monday morning, MarketBeat Ratings reports. The brokerage issued a hold rating and a $12.00 target price on the stock.

FTSI has been the topic of several other reports. Citigroup lowered their target price on shares of FTS International from $24.00 to $19.00 and set a buy rating on the stock in a research report on Monday, July 9th. Wells Fargo & Co cut shares of FTS International to a hold rating in a report on Thursday, September 6th. Tudor Pickering cut shares of FTS International from a buy rating to a hold rating in a report on Friday, June 8th. Capital One Financial restated an equal weight rating on shares of FTS International in a report on Wednesday, July 25th. Finally, ValuEngine cut shares of FTS International from a hold rating to a sell rating in a report on Monday, July 2nd. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the stock. FTS International has an average rating of Hold and an average price target of $20.20.

FTS International stock opened at $10.95 on Monday. The company has a current ratio of 2.58, a quick ratio of 2.26 and a debt-to-equity ratio of 28.83. FTS International has a one year low of $9.38 and a one year high of $22.60.

FTS International (NYSE:FTSI) last posted its earnings results on Tuesday, July 31st. The company reported $0.95 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.04 by ($0.09). The business had revenue of $493.30 million for the quarter, compared to analysts’ expectations of $528.87 million. analysts expect that FTS International will post 2.94 earnings per share for the current fiscal year.

Hedge funds have recently added to or reduced their stakes in the business. Feinberg Stephen boosted its holdings in FTS International by 144.0% during the second quarter. Feinberg Stephen now owns 927,406 shares of the company’s stock valued at $13,206,000 after acquiring an additional 547,272 shares during the period. Ninepoint Partners LP bought a new stake in shares of FTS International in the first quarter valued at about $11,954,000. Marathon Asset Management LP bought a new stake in shares of FTS International in the first quarter valued at about $7,712,000. Temasek Holdings Private Ltd bought a new stake in shares of FTS International in the first quarter valued at about $765,339,000. Finally, BlackRock Inc. bought a new stake in shares of FTS International in the first quarter valued at about $51,670,000. Institutional investors own 67.35% 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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Analyst Recommendations for FTS International (NYSE:FTSI)

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