The stock of Fairmount Santrol Holdings Inc (NYSE:FMSA) is a huge mover today! The stock increased 4.55% or $0.4 on November 23, hitting $9.19. About 2.12 million shares traded hands. Fairmount Santrol Holdings Inc (NYSE:FMSA) has risen 138.08% since April 22, 2016 and is uptrending. It has outperformed by 132.67% the S&P500.
The move comes after 6 months positive chart setup for the $2.02B company. It was reported on Nov, 24 by Barchart.com. We have $9.65 PT which if reached, will make NYSE:FMSA worth $101.00M more.
Analysts await Fairmount Santrol Holdings Inc (NYSE:FMSA) to report earnings on March, 9. They expect $-0.08 EPS, up 20.00% or $0.02 from last year’s $-0.1 per share. After $-0.11 actual EPS reported by Fairmount Santrol Holdings Inc for the previous quarter, Wall Street now forecasts -27.27% EPS growth.
Fairmount Santrol Holdings Inc (NYSE:FMSA) Ratings Coverage
Out of 17 analysts covering Fairmount Santrol (NYSE:FMSA), 10 rate it a “Buy”, 1 “Sell”, while 6 “Hold”. This means 59% are positive. Fairmount Santrol has been the topic of 35 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The firm has “Underperform” rating by Jefferies given on Friday, September 11. The company was upgraded on Thursday, May 26 by Morgan Stanley. The company was upgraded on Monday, May 23 by Piper Jaffray. The stock of Fairmount Santrol Holdings Inc (NYSE:FMSA) earned “Underperform” rating by DA Davidson on Monday, June 13. RBC Capital Markets upgraded Fairmount Santrol Holdings Inc (NYSE:FMSA) on Monday, May 23 to “Outperform” rating. Citigroup maintained the shares of FMSA in a report on Tuesday, July 19 with “Buy” rating. The rating was maintained by RBC Capital Markets with “Outperform” on Wednesday, August 12. The stock of Fairmount Santrol Holdings Inc (NYSE:FMSA) has “Buy” rating given on Monday, December 7 by DA Davidson. The stock has “Outperform” rating given by Cowen & Co on Monday, November 16. The firm has “Buy” rating given on Wednesday, September 9 by Tudor Pickering.
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 stock price target raised to $11 from $7 at Credit Suisse” on October 03, 2014, also Fool.com with their article: “Preliminary Earnings Crush Fairmount Santrol Holdings Inc.’s Stock” published on July 15, 2016, Globenewswire.com published: “Fairmount Santrol to Participate in Upcoming Investor Conferences” on November 22, 2016. More interesting news about Fairmount Santrol Holdings Inc (NYSE:FMSA) were released by: Quotes.Wsj.com and their article: “News Fairmount Santrol Holdings Inc.FMSA” published on September 27, 2014 as well as Fool.com‘s news article titled: “Here’s Why Fairmount Santrol Holdings Inc Stock Fell 22% After Earnings” with publication date: November 12, 2015.
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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