Hi-Crush Partners (HCLP) Earns Daily News Sentiment Rating of 0.07

Media headlines about Hi-Crush Partners (NYSE:HCLP) have trended somewhat positive this week, Accern reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hi-Crush Partners earned a news impact score of 0.07 on Accern’s scale. Accern also assigned headlines about the basic materials company an impact score of 46.8502199024749 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the news headlines that may have effected Accern’s rankings:

A number of brokerages recently issued reports on HCLP. Piper Jaffray Companies reaffirmed a “buy” rating and set a $12.00 target price on shares of Hi-Crush Partners in a research report on Wednesday, March 28th. Guggenheim reaffirmed a “buy” rating and issued a $20.00 target price on shares of Hi-Crush Partners in a report on Friday, February 23rd. R. F. Lafferty upped their target price on shares of Hi-Crush Partners from $23.00 to $25.00 and gave the stock a “buy” rating in a report on Thursday, February 22nd. Mizuho reiterated a “buy” rating and set a $15.00 price target on shares of Hi-Crush Partners in a research report on Wednesday, April 11th. Finally, Zacks Investment Research upgraded shares of Hi-Crush Partners from a “hold” rating to a “buy” rating and set a $13.00 target price on the stock in a research report on Thursday, April 19th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and fifteen have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $15.67.

Hi-Crush Partners traded down $0.30, hitting $11.90, during mid-day trading on Friday, Marketbeat Ratings reports. 1,458,562 shares of the company’s stock traded hands, compared to its average volume of 1,418,746. Hi-Crush Partners has a fifty-two week low of $7.25 and a fifty-two week high of $14.85. The company has a market capitalization of $1.05 billion, a price-to-earnings ratio of 11.78 and a beta of 1.14. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.93 and a quick ratio of 1.57.

Hi-Crush Partners (NYSE:HCLP) last posted its earnings results on Tuesday, May 1st. The basic materials company reported $0.59 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.58 by $0.01. Hi-Crush Partners had a return on equity of 18.78% and a net margin of 19.44%. The company had revenue of $218.10 million during the quarter, compared to the consensus estimate of $212.05 million. During the same quarter last year, the firm earned ($0.07) earnings per share. The company’s revenue was up 161.5% on a year-over-year basis. equities analysts anticipate that Hi-Crush Partners will post 2.92 earnings per share for the current fiscal year.

About Hi-Crush Partners

Hi-Crush Partners LP, together with its subsidiaries, provides proppant and logistics solutions to the energy industry in North America. The company produces monocrystalline sand, a specialized mineral used as a proppant during the well completion process to facilitate the recovery of hydrocarbons from oil and natural gas wells.

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