Fairmount Santrol Holdings (FMSA) : 8 investment research analysts covering Fairmount Santrol Holdings (FMSA) have an average price target of $8.75 for the near short term. The highest target price given by the Brokerage Firm to the stock is $13 and the lowest target is $3 for the short term. Analysts expect the variance to be within $2.7 of the average price.
Fairmount Santrol Holdings (FMSA) : 11 analysts are covering Fairmount Santrol Holdings (FMSA) and their average rating on the stock is 2, which is read as a Buy. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Fairmount Santrol Holdings (FMSA) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Also, Barclays initiates coverage on Fairmount Santrol Holdings (NYSE:FMSA) The brokerage firm has issued a Equal-weight rating on the shares. The Analysts at the ratings agency announces the price target to $9 per share. The rating by the firm was issued on August 10, 2016.
Fairmount Santrol Holdings (NYSE:FMSA): The stock opened at $7.36 on Thursday but the bulls could not build on the opening and the stock topped out at $7.56 for the day. The stock traded down to $7.23 during the day, due to lack of any buying support eventually closed down at $7.41 with a loss of -0.27% for the day. The stock had closed at $7.43 on the previous day. The total traded volume was 2,059,106 shares.
Fairmount Santrol Holdings Inc., formerly FMSA Holdings Inc., is a provider of sand-based proppant solutions. The Companys operations are organized into two segments: Proppant Solutions and Industrial and Recreational (I&R) Products. The Proppant Solutions segment provides sand-based proppants for use in hydraulic fracturing operations throughout the United States, Canada, Argentina, Mexico, China, northern Europe and the United Arab Emirates. The I&R segment provides raw, coated and custom blended sands to the foundry, building products, glass, turf and landscape, and filtration industries primarily in North America. It develops proppants used by exploration and production (E&P) companies to enhance the productivity of their oil and gas wells. It offers a range of proppants, including sand and a spectrum of resin-coated products. It offers sand-based products to end users in the foundry, glass, building products, and sports and recreation markets (collectively, the I&R markets).