News coverage about Hi-Crush Partners (NYSE:HCLP) has trended somewhat positive on Thursday, Accern reports. The research firm rates the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hi-Crush Partners earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave news headlines about the basic materials company an impact score of 45.5236118714156 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the headlines that may have effected Accern Sentiment’s scoring:
- Has $3.66 Million Stake in Hi-Crush Partners LP (HCLP) – Іnsіdеr Cаr Nеws (theinsidercarnews.com)
- Hi-Crush Partners LP (HCLP) stands 15.94% away from 50 SMA: Technical Watch – Voice Of Analysts (analystsbuzz.com)
- Hi-Crush Partners LP (HCLP) Expected to Post Quarterly Sales of $172.83 Million (americanbankingnews.com)
- Hi-Crush Partners LP Announces Timing of Third Quarter 2017 Financial Results and Conference Call – GlobeNewswire (press release) (globenewswire.com)
- Hi-Crush Partners LP Announces Commencement of Operations at Pecos Terminal – GlobeNewswire (press release) (globenewswire.com)
A number of brokerages have recently weighed in on HCLP. ValuEngine raised shares of Hi-Crush Partners from a “sell” rating to a “hold” rating in a research note on Monday, October 2nd. Jefferies Group LLC set a $15.00 price target on shares of Hi-Crush Partners and gave the stock a “buy” rating in a research note on Thursday, October 5th. Zacks Investment Research raised shares of Hi-Crush Partners from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th. UBS AG reduced their price target on shares of Hi-Crush Partners from $23.00 to $17.00 and set a “buy” rating for the company in a research note on Friday, August 4th. Finally, BidaskClub raised shares of Hi-Crush Partners from a “hold” rating to a “buy” rating in a research note on Tuesday, September 26th. One analyst has rated the stock with a sell rating, three have issued a hold rating and ten have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $16.58.
Shares of Hi-Crush Partners (NYSE:HCLP) opened at 9.65 on Thursday. The firm’s market capitalization is $878.44 million. The company’s 50-day moving average is $8.99 and its 200 day moving average is $11.35. Hi-Crush Partners has a 1-year low of $7.25 and a 1-year high of $23.30.
Hi-Crush Partners (NYSE:HCLP) last issued its quarterly earnings results on Wednesday, August 2nd. The basic materials company reported $0.18 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.18. The company had revenue of $135.22 million for the quarter, compared to analysts’ expectations of $138.61 million. Hi-Crush Partners had a negative return on equity of 1.58% and a negative net margin of 2.53%. The firm’s revenue for the quarter was up 251.9% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.26) earnings per share. On average, analysts expect that Hi-Crush Partners will post $1.03 EPS for the current fiscal year.
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Hi-Crush Partners Company Profile
Hi-Crush Partners LP is an integrated producer, transporter, marketer and distributor of monocrystalline sand, a specialized mineral that is used as a proppant to manage the recovery rates of hydrocarbons from oil and natural gas wells. Its reserves consist of northern white sand, a resource in Wisconsin and limited portions of the upper Midwest region of the United States.
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