The stock of Fairmount Santrol Holdings Inc (NYSE:FMSA) is a huge mover today! The stock increased 5.21% or $0.42 during the last trading session, hitting $8.48. About 3.74M shares traded hands or 81.55% up from the average. Fairmount Santrol Holdings Inc (NYSE:FMSA) has risen 309.14% since February 26, 2016 and is uptrending. It has outperformed by 298.71% the S&P500.
The move comes after 8 months positive chart setup for the $1.66 billion company. It was reported on Oct, 1 by Barchart.com. We have $13.91 PT which if reached, will make NYSE:FMSA worth $1.06B more.
Analysts await Fairmount Santrol Holdings Inc (NYSE:FMSA) to report earnings on November, 10. They expect $-0.13 EPS, down 160.00% or $0.08 from last year’s $-0.05 per share. After $-0.11 actual EPS reported by Fairmount Santrol Holdings Inc for the previous quarter, Wall Street now forecasts 18.18% negative EPS growth.
Fairmount Santrol Holdings Inc (NYSE:FMSA) Ratings Coverage
Out of 17 analysts covering Fairmount Santrol (NYSE:FMSA), 9 rate it a “Buy”, 1 “Sell”, while 7 “Hold”. This means 53% are positive. Fairmount Santrol has been the topic of 33 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The stock has “Sector Perform” rating given by RBC Capital Markets on Friday, September 18. The firm earned “Outperform” rating on Monday, May 23 by RBC Capital Markets. The firm has “Neutral” rating by Credit Suisse given on Wednesday, September 7. The rating was maintained by Jefferies on Monday, July 11 with “Hold”. Citigroup maintained Fairmount Santrol Holdings Inc (NYSE:FMSA) on Tuesday, July 19 with “Buy” rating. The rating was maintained by Oppenheimer with “Perform” on Thursday, October 1. The company was initiated on Wednesday, August 10 by Barclays Capital. The stock of Fairmount Santrol Holdings Inc (NYSE:FMSA) earned “Perform” rating by Oppenheimer on Friday, November 13. The firm has “Outperform” rating given on Wednesday, August 12 by RBC Capital Markets. As per Wednesday, August 10, the company rating was maintained by Citigroup.
According to Zacks Investment Research, “Fairmount Santrol Holdings Inc. provides sand and sand-based products used by oil and gas exploration and production companies to enhance the productivity of their wells. Its operating segment consists of Proppant Solutions and Industrial and Recreational Products. Proppant Solutions segment provides sand-based proppants for use in hydraulic fracturing operations. I&R segment provides raw, coated and custom blended sands to the foundry, building products, glass, turf and landscape and filtration industries. Fairmount Santrol Holdings Inc., formerly known as FMSA Holdings Inc., is headquartered in Chesterland, Ohio.”
More notable recent Fairmount Santrol Holdings Inc (NYSE:FMSA) news were published by: Marketwatch.com which released: “Fairmount Santrol Holdings Inc.” on October 03, 2014, also Fool.com with their article: “Preliminary Earnings Crush Fairmount Santrol Holdings Inc.’s Stock” published on July 15, 2016, Fool.com published: “Here’s Why Fairmount Santrol Holdings Inc Stock Fell 22% After Earnings” on November 12, 2015. More interesting news about Fairmount Santrol Holdings Inc (NYSE:FMSA) were released by: Fool.com and their article: “These 3 Things Bludgeoned Fairmount Santrol Holdings Inc’s Stock Down 42.4% in …” published on October 05, 2015 as well as Crainscleveland.com‘s news article titled: “Fairmount Santrol names new chief financial officer” with publication date: March 04, 2016.
FMSA Company Profile
Fairmount Santrol Holdings Inc., formerly FMSA Holdings Inc., incorporated on January 25, 1996, is a well-known provider of sand proppant solutions. The Firm offers a range of proppants, including sand and a range of resin-coated products. The Firm operates through two divisions: Proppant Solutions, and Industrial & Recreational (I&R) Products. The Company’s Proppant Solutions segment provides sand proppants for use in hydraulic fracturing activities throughout the United States and Canada, Argentina, Mexico, China, northern Europe and the United Arab Emirates. The Company’s I&R segment provides raw, coated, and custom blended sands to the foundry, building products, glass, turf and landscape, and filtration industries in North America. The Company’s asset base includes approximately 800 million tons of proven and probable mineral reserves. The Firm has approximately 10 sand processing facilities with over 14.8 million tons of annual sand processing capacity. It also has approximately 10 coating facilities with over 2.3 million tons of annual coating capacity. The Company’s coating facilities include activities in Mexico, Denmark and China, through which it serves international gas and oil markets.
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