Media coverage about Fairmount Santrol Holdings (NYSE:FMSA) has been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Fairmount Santrol Holdings earned a coverage optimism score of 0.09 on Accern’s scale. Accern also assigned media stories about the industrial products company an impact score of 45.2118420385983 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Fairmount Santrol Holdings Inc (FMSA) Quick Review of the Numbers – Bulletin News (orobulletin.com)
- Hot Stock to Track: Fairmount Santrol Holdings Inc. (FMSA) (newstrendstoday.com)
- Fairmount Santrol Holdings Incorporated (NYSE:FMSA) Just Reported Decreased Shorts (campdesrecrues.com)
- Fairmount Santrol Holdings Inc. (NYSE:FMSA) Stake Boosted by Alliancebernstein LP (expressnewsline.com)
- Stock Check For Fairmount Santrol Holdings Inc (FMSA) – Berry Recorder (berryrecorder.com)
Shares of Fairmount Santrol Holdings (NYSE:FMSA) traded down 5.40% during mid-day trading on Friday, reaching $2.63. 2,965,560 shares of the company’s stock traded hands. The firm’s 50-day moving average is $3.28 and its 200 day moving average is $6.39. Fairmount Santrol Holdings has a one year low of $2.51 and a one year high of $13.12. The firm’s market cap is $589.33 million.
Fairmount Santrol Holdings (NYSE:FMSA) last announced its earnings results on Thursday, August 3rd. The industrial products company reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. The business had revenue of $233.20 million for the quarter, compared to analyst estimates 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 revenue for the quarter was up 104.2% compared to the same quarter last year. During the same period last year, the firm posted ($0.54) earnings per share. Analysts predict that Fairmount Santrol Holdings will post $0.27 earnings per share for the current year.
A number of research analysts have recently issued reports on FMSA shares. Northcoast Research raised shares of Fairmount Santrol Holdings from a “sell” rating to a “neutral” rating in a research report on Tuesday, June 27th. Zacks Investment Research downgraded shares of Fairmount Santrol Holdings from a “buy” rating to a “hold” rating in a research report on Friday, April 21st. Credit Suisse Group downgraded shares of Fairmount Santrol Holdings from an “outperform” rating to a “neutral” rating and cut their price objective for the stock from $12.00 to $4.00 in a research report on Thursday, July 20th. Janney Montgomery Scott started coverage on shares of Fairmount Santrol Holdings in a research report on Thursday, June 15th. They issued a “neutral” rating and a $5.60 price objective on the stock. Finally, Jefferies Group LLC reaffirmed a “buy” rating and issued a $8.00 price objective on shares of Fairmount Santrol Holdings in a research report on Friday, May 5th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $7.13.
Fairmount Santrol Holdings 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.
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