Fairmount Santrol Holdings (FMSA) Receives Daily Media Impact Rating of -0.03

Media stories about Fairmount Santrol Holdings (NYSE:FMSA) have been trending somewhat negative on Tuesday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Fairmount Santrol Holdings earned a news impact score of -0.03 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the headlines that may have impacted Accern Sentiment’s rankings:

Insider Buying and Selling by Quarter for Fairmount Santrol Holdings (NYSE:FMSA)

Fairmount Santrol Holdings (NYSE:FMSA) traded up 1.08% during trading on Tuesday, reaching $3.75. The company had a trading volume of 7,270,621 shares. The stock has a 50 day moving average of $4.96 and a 200-day moving average of $8.40. The stock’s market capitalization is $839.79 million. Fairmount Santrol Holdings has a 12-month low of $3.42 and a 12-month high of $13.12.

Fairmount Santrol Holdings (NYSE:FMSA) last announced its quarterly earnings data on Thursday, May 4th. The industrial products company reported ($0.05) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.04) by $0.01. The firm had revenue of $172.60 million during the quarter, compared to analysts’ expectations of $169.50 million. Fairmount Santrol Holdings had a negative net margin of 24.91% and a negative return on equity of 91.27%. The company’s revenue for the quarter was up 18.6% on a year-over-year basis. During the same period in the prior year, the company posted ($0.07) earnings per share. On average, analysts forecast that Fairmount Santrol Holdings will post $0.22 earnings per share for the current fiscal year.

A number of analysts have recently commented on the company. ValuEngine cut Fairmount Santrol Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, May 31st. Jefferies Group LLC set a $8.00 price target on Fairmount Santrol Holdings and gave the stock a “buy” rating in a research report on Tuesday, June 6th. Evercore ISI assumed coverage on Fairmount Santrol Holdings in a research report on Thursday, May 25th. They issued an “in-line” rating and a $6.00 price target on the stock. Guggenheim reissued a “buy” rating on shares of Fairmount Santrol Holdings in a research report on Monday, March 27th. Finally, Citigroup Inc. boosted their price target on Fairmount Santrol Holdings from $7.00 to $8.00 and gave the stock a “buy” rating in a research report on Friday, June 9th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $9.71.

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In related news, CFO Michael F. Biehl sold 14,050 shares of the stock in a transaction on Thursday, May 4th. The shares were sold at an average price of $4.79, for a total value of $67,299.50. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 16.20% of the company’s stock.

Fairmount Santrol Holdings Company Profile

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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