Analyst Rating Update on Fairmount Santrol Holdings (FMSA)

Fairmount Santrol Holdings (NYSE:FMSA) : 11 analysts are covering Fairmount Santrol Holdings (NYSE:FMSA) and their average rating on the stock is 2.45, which is read as a Buy. 3 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 (NYSE:FMSA) also receives 2 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 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Fairmount Santrol Holdings (NYSE:FMSA) : Currently there are 8 street experts covering Fairmount Santrol Holdings (NYSE:FMSA) stock. The most bullish and bearish price target for the stock is $10 and $4 respectively for the short term. The average price target of all the analysts comes to $6.97. The estimated standard deviation from the target is $2.94.

For the current week, the company shares have a recommendation consensus of Buy. Also, In a research note released to the investors, DA Davidson downgrades its rating on Fairmount Santrol Holdings (NYSE:FMSA).The analysts at the brokerage house have a current rating of Underperform on the shares. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on June 13, 2016.

Fairmount Santrol Holdings (NYSE:FMSA): stock turned positive on Tuesday. Though the stock opened at $7.14, the bulls momentum made the stock top out at $7.775 level for the day. The stock recorded a low of $7.14 and closed the trading day at $7.68, in the green by 11.63%. The total traded volume for the day was 1,176,360. The stock had closed at $6.88 in the previous days trading.

In an insider trading activity, The director, of Fairmount Santrol Holdings Inc., Kelly William Patrick had unloaded 4,500 shares at $2.4 per share in a transaction on December 10, 2015. The total value of transaction was $10,800. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

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).

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