Somewhat Positive Media Coverage Somewhat Unlikely to Affect Fairmount Santrol (FMSA) Share Price
Media headlines about Fairmount Santrol (NYSE:FMSA) have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Fairmount Santrol earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave media coverage about the industrial products company an impact score of 45.0719212067803 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the headlines that may have impacted Accern Sentiment’s rankings:
- Fairmount Santrol (FMSA) Given New $6.15 Price Target at Piper Jaffray Companies (americanbankingnews.com)
- Fairmount Santrol Holdings Inc. (NYSE:FMSA) – Hair-Raising Facts to Know – Nasdaq Journal (press release) (nasdaqjournal.com)
- Beta Factor Evaluation – Fairmount Santrol Holdings Inc., (NYSE: FMSA) – Stock Watch (stocksnewstimes.com)
- Fairmount Santrol (FMSA) Given a $7.00 Price Target at Royal Bank of Canada (americanbankingnews.com)
- $283.11 Million in Sales Expected for Fairmount Santrol Holdings Inc. (FMSA) This Quarter (americanbankingnews.com)
Several equities research analysts have commented on FMSA shares. BidaskClub upgraded shares of Fairmount Santrol from a “sell” rating to a “hold” rating in a research note on Thursday, August 31st. KeyCorp restated an “overweight” rating and issued a $6.50 price target on shares of Fairmount Santrol in a research note on Wednesday, October 4th. Citigroup raised their price target on shares of Fairmount Santrol from $4.25 to $6.00 and gave the company a “buy” rating in a research note on Thursday, October 5th. Wells Fargo & Co lowered shares of Fairmount Santrol from an “outperform” rating to a “market perform” rating in a research note on Monday, October 16th. Finally, Zacks Investment Research lowered shares of Fairmount Santrol from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and eleven have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $5.96.
Fairmount Santrol (NYSE FMSA) opened at $5.36 on Wednesday. Fairmount Santrol has a 12 month low of $2.46 and a 12 month high of $13.12. The company has a current ratio of 2.52, a quick ratio of 2.11 and a debt-to-equity ratio of 2.65. The company has a market cap of $1,200.00, a P/E ratio of 107.20 and a beta of 2.11.
Fairmount Santrol (NYSE:FMSA) last posted its quarterly earnings data on Thursday, November 2nd. The industrial products company reported $0.15 EPS for the quarter, beating the Zacks’ consensus estimate of $0.13 by $0.02. Fairmount Santrol had a net margin of 1.69% and a return on equity of 4.05%. The business had revenue of $280.05 million for the quarter, compared to analyst estimates of $264.02 million. During the same quarter last year, the business earned ($0.11) earnings per share. The business’s revenue for the quarter was up 107.8% on a year-over-year basis. research analysts expect that Fairmount Santrol will post 0.29 EPS for the current fiscal year.
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About Fairmount Santrol
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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