Headlines about Smart Sand (NASDAQ:SND) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Smart Sand earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.1989014774441 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news headlines that may have effected Accern’s analysis:
- Brokerages Anticipate Smart Sand Inc (SND) to Announce $0.16 EPS (americanbankingnews.com)
- Should You Expect Smart Sand Inc (NASDAQ:SND) To Continue Delivering An ROE Of 25.54%? (finance.yahoo.com)
- What the Heck Did These Oil Stocks Do Wrong in 2017? (finance.yahoo.com)
- Summit Materials (SUM) versus Smart Sand (SND) Critical Survey (americanbankingnews.com)
A number of brokerages have recently issued reports on SND. Seaport Global Securities began coverage on Smart Sand in a research note on Friday, December 8th. They set a “buy” rating and a $15.00 price objective on the stock. Zacks Investment Research upgraded shares of Smart Sand from a “hold” rating to a “buy” rating and set a $8.50 target price for the company in a report on Friday, November 17th. Deutsche Bank started coverage on shares of Smart Sand in a report on Tuesday, October 10th. They set a “buy” rating and a $9.00 target price for the company. Jefferies Group set a $7.00 price objective on shares of Smart Sand and gave the stock a “buy” rating in a report on Thursday, October 5th. Finally, BidaskClub upgraded shares of Smart Sand from a “hold” rating to a “buy” rating in a report on Tuesday, September 26th. Five research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $13.18.
Smart Sand (SND) opened at $10.60 on Friday. Smart Sand has a one year low of $4.81 and a one year high of $21.99. The firm has a market cap of $428.17 and a price-to-earnings ratio of 16.06.
Smart Sand (NASDAQ:SND) last announced its quarterly earnings results on Thursday, November 9th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.10 by $0.07. The business had revenue of $39.33 million for the quarter, compared to analysts’ expectations of $33.60 million. Smart Sand had a net margin of 18.67% and a return on equity of 14.41%. The business’s quarterly revenue was up 259.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.06 EPS. analysts forecast that Smart Sand will post 0.4 earnings per share for the current year.
About Smart Sand
Smart Sand, Inc is a producer of Northern White raw frac sand, which is a proppant used to enhance hydrocarbon recovery rates in the hydraulic fracturing of oil and natural gas wells. The Company sells its products primarily to oil and natural gas exploration and production companies and oilfield service companies under a combination of long-term take-or-pay contracts and spot sales in the open market.
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