News headlines about Fairmount Santrol (NYSE:FMSA) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Fairmount Santrol earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave media stories about the industrial products company an impact score of 45.8996356628224 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- Fairmount Santrol Holdings Inc (FMSA) Given Average Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Fairmount Santrol (FMSA) Upgraded to Hold by Zacks Investment Research (americanbankingnews.com)
- Why FMSA’s Free Cash Flow Improved in 2017 (marketrealist.com)
- What Does The Abundance Of Recent Bearish News Mean For Sand Fracking Companies? (seekingalpha.com)
- Form 8-K FAIRMOUNT SANTROL HOLDIN For: Mar 26 (streetinsider.com)
A number of brokerages have commented on FMSA. Credit Suisse Group decreased their price target on Fairmount Santrol from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Friday, March 9th. Piper Jaffray set a $6.00 price target on Fairmount Santrol and gave the stock a “buy” rating in a research note on Wednesday, March 14th. Cowen reaffirmed a “buy” rating and issued a $6.00 price target on shares of Fairmount Santrol in a research note on Friday, March 9th. Howard Weil cut Fairmount Santrol from a “sector outperform” rating to a “sector perform” rating in a research note on Friday, January 12th. Finally, B. Riley reaffirmed a “hold” rating and issued a $6.00 price target on shares of Fairmount Santrol in a research note on Wednesday, December 13th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $5.95.
Fairmount Santrol (NYSE:FMSA) last posted its earnings results on Thursday, March 8th. The industrial products company reported $0.10 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by ($0.04). Fairmount Santrol had a net margin of 5.60% and a return on equity of 20.31%. The business had revenue of $273.90 million for the quarter, compared to analysts’ expectations of $279.50 million. During the same period last year, the firm posted ($0.09) earnings per share. Fairmount Santrol’s quarterly revenue was up 94.9% on a year-over-year basis. research analysts forecast that Fairmount Santrol will post 0.63 EPS for the current fiscal year.
In related news, insider Jenniffer D. Deckard sold 6,450 shares of Fairmount Santrol stock in a transaction that occurred on Friday, March 2nd. The stock was sold at an average price of $4.46, for a total transaction of $28,767.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Gerald L. Clancey sold 10,477 shares of Fairmount Santrol stock in a transaction that occurred on Thursday, March 8th. The shares were sold at an average price of $4.49, for a total value of $47,041.73. The disclosure for this sale can be found here. Over the last three months, insiders have bought 56,600 shares of company stock worth $240,570 and have sold 28,626 shares worth $128,051. 9.80% of the stock is currently owned by insiders.
Fairmount Santrol Company Profile
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.
Receive News & Ratings for Fairmount Santrol Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fairmount Santrol and related companies with MarketBeat.com's FREE daily email newsletter.