Fairmount Santrol Holdings Inc. (NYSE:FMSA) registered a -3.06% decrease, still its new closing price is 728.86% up from the company’s 1 year high of 13.12.It posted -4.63% losses in previous 5 sessions and is now the subject of 3 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 5 buy or better ratings. The 16 stock analysts following this company have an average price target at $12.88, with individual PT in the $3.00-$17.00 range. The shares moved at $12.35, implying that brokerage firms see shares gaining about 456.31% in twelve months time.
Fairmount Santrol Holdings Inc. (FMSA) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 4.75% rise year to date. A 10% Owner at Fairmount Santrol Holdings Inc. (FMSA) offloaded shares in a transaction closed on Wednesday December 07, 2016. ASP FML Holdings, LLC sold 23,000,000 shares in the company at $8.54 each and collected $196,420,000 in proceeds. ASP FML Holdings, LLC now owns 48,156,624 shares in the company after this transaction. A Director in the company, Fowler Charles D., disclosed a transaction on Tuesday July 26, 2016 that ended up paying $9,916,001 from the purchase of 1,666,666 shares at $5.95 per share.
Fairmount Santrol Holdings Inc. (NYSE:FMSA) Upcoming Results on Tap
Fairmount Santrol Holdings Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.01 in that period. Sales during the quarter are predicted to arrive at $183.77 million.
Earnings surprise history: Last quarter, the company posted approximately $134.77 million in revenue and EPS of $-0.07. The mean forecast was for $132.51 million and $-0.11 a share, respectively. One quarter earlier, revenue for the stock was at $114.25 million, with earnings at $-0.12/share.
Fairmount Santrol Holdings Inc. (FMSA) Brokerage Update
Fairmount Santrol Holdings Inc. (FMSA) is in Barclays’s research list so their analyst rating change is noteworthy. These shares were upgraded to Overweight from Equal Weight by Barclays, according to news reported on Monday January 09, 2017.Another important research note was issued by Johnson Rice on Friday December 09, 2016.The firm upgraded FMSA to Buy from Accumulate. Over the last six months and over the last three months, the shares of Fairmount Santrol Holdings Inc. (FMSA), have changed 75.43% and 46.33%, respectively.