Fairmount Santrol Holdings Inc. (FMSA) Receives $5.95 Consensus PT from Brokerages

Shares of Fairmount Santrol Holdings Inc. (NYSE:FMSA) have received a consensus recommendation of “Hold” from the twenty-five ratings firms that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, thirteen have given a hold recommendation and ten have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $5.95.

A number of research firms have recently issued reports on FMSA. TheStreet upgraded Fairmount Santrol from a “d+” rating to a “c-” rating in a research report on Tuesday, November 21st. Zacks Investment Research cut Fairmount Santrol from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. B. Riley restated a “neutral” rating and set a $6.00 price objective on shares of Fairmount Santrol in a research report on Wednesday, December 6th. Cowen set a $6.00 price objective on Fairmount Santrol and gave the company a “buy” rating in a research report on Thursday, January 11th. Finally, Scotia Howard Weill restated a “sector perform” rating on shares of Fairmount Santrol in a research report on Friday, January 12th.

Fairmount Santrol (NYSE FMSA) traded down $0.17 on Tuesday, hitting $4.47. The stock had a trading volume of 4,501,505 shares, compared to its average volume of 2,845,494. The company has a market capitalization of $1,001.69, a PE ratio of 74.50 and a beta of 2.05. The company has a current ratio of 2.52, a quick ratio of 2.11 and a debt-to-equity ratio of 2.65. Fairmount Santrol has a 1-year low of $2.46 and a 1-year high of $13.02.

A number of hedge funds have recently made changes to their positions in the stock. Hartland & Co. LLC boosted its stake in Fairmount Santrol by 6.5% in the 3rd quarter. Hartland & Co. LLC now owns 14,428,795 shares of the industrial products company’s stock valued at $68,970,000 after buying an additional 875,446 shares in the last quarter. Vanguard Group Inc. boosted its stake in Fairmount Santrol by 6.0% in the 2nd quarter. Vanguard Group Inc. now owns 12,863,759 shares of the industrial products company’s stock valued at $50,169,000 after buying an additional 731,359 shares in the last quarter. ING Groep NV acquired a new position in Fairmount Santrol in the third quarter worth $24,846,000. State Street Corp boosted its stake in Fairmount Santrol by 50.9% in the second quarter. State Street Corp now owns 4,569,533 shares of the industrial products company’s stock worth $17,820,000 after purchasing an additional 1,540,859 shares in the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC boosted its stake in Fairmount Santrol by 4.6% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,970,526 shares of the industrial products company’s stock worth $20,766,000 after purchasing an additional 173,136 shares in the last quarter. 75.32% of the stock is currently owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for Fairmount Santrol (NYSE:FMSA)

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