Factors to Note Before Buying Fairmount Santrol Holdings Inc. (FMSA)

Gladys Abbott
June 24, 2017

(NYSE:FMSA) established that the company was able to keep return on investment at -12.25 in the trailing twelve month while Reuters data showed that industry's average stands at -38.68 and sector's optimum level is 14.24.

A number of other institutional investors have also modified their holdings of the company. NY now owns 63,816 shares of the industrial products company's stock worth $752,000 after buying an additional 7,438 shares during the last quarter. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Institutional investors own 85.87% of the company's stock. Going from the most negative analyst price target to above consensus is one thing. Enterprise Value is calculated by taking the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents. RidgeWorth Capital Management LLC acquired a new position in shares of Fairmount Santrol Holdings during the first quarter worth approximately $151,000. Hodges Capital Management Inc. now owns 2,169,270 shares of the industrial products company's stock worth $15,901,000 after buying an additional 1,692,770 shares in the last quarter. Guggenheim Capital LLC raised its stake in Fairmount Santrol Holdings by 161.4% in the fourth quarter. On Tuesday, July 19 the stock rating was maintained by Citigroup with "Buy". Finally, FMR LLC acquired a new stake in Fairmount Santrol Holdings during the fourth quarter worth about $14,216,000. Company insiders own 16.20% of the company's stock.

Several research firms have commented on FMSA. They set an "in-line" rating and a $6.00 target price for the company. Cowen and Company reissued an "outperform" rating and issued a $16.00 price target on shares of Fairmount Santrol Holdings in a report on Saturday, March 11th.

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Wall Street analysts are predicting that Fmsa Holdings Inc (NYSE:FMSA) will report earnings per share of $0.04 in their quarterly report. Evercore ISI began coverage on shares of Fairmount Santrol Holdings in a research report on Thursday, May 25th. Finally, Scotiabank reiterated a "buy" rating and issued a $13.00 target price on shares of Fairmount Santrol Holdings in a research note on Thursday, March 23rd. (FMSA) is -0.04 while the analysts predicted the EPS of the stock to be -0.04 suggesting the company fell short of the analysts' expectations. The share price has moved forward from its 20 days moving average 0.56% and positively from its 50 days moving average 1.90%. The stock's market cap is $835.31 million. The company's 50 day moving average price is $4.92 and its 200 day moving average price is $8.36. Fairmount Santrol Holdings has a 52-week low of $3.38 and a 52-week high of $13.12. Oppenheimer maintained Fairmount Santrol Holdings Inc (NYSE:FMSA) rating on Thursday, October 1. The industrial products company reported ($0.05) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by $0.01. The Value Composite Two of Fairmount Santrol Holdings Inc. The company had revenue of $172.60 million during the quarter, compared to analysts' expectations of $169.50 million. Its last month's stock price volatility remained 4.54% which for the week stands at 4.00%. The company's revenue for the quarter was up 18.6% compared to the same quarter previous year. The original version of this report can be read at https://sportsperspectives.com/2017/06/23/fairmount-santrol-holdings-inc-fmsa-position-lowered-by-oxford-asset-management.html. If you are viewing this piece of content on another publication, it was illegally copied and reposted in violation of U.S. & global copyright and trademark law.

Oxford Asset Management decreased its position in shares of Fairmount Santrol Holdings Inc. The Firm operates through two divisions: Proppant Solutions, and Industrial & Recreational 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.

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