Economy

As of May, 10 Smart Sand, Inc. (SND) EPS Estimated At $0.13

In case of $0.13 earnings per share SND's profit could hit $5.32 million. It is very obvious that earnings are the most important factors to investors, thus analysts are most likely to place their bet on the P/E. The company reported $0.06 EPS for the quarter, missing the Zacks' consensus estimate of $0.15 by ($0.09). Smart Sand might not be one of the top fracking stocks to consider buying amid the oil market recovery, but shares are certainly cheaper after today's sell-off and could bounce back sharply if earnings begin heading higher. For the next year, analysts forecast that the business will post earnings of $1.27 per share, with EPS estimates ranging from $1.20 to $1.31. And last was brought out on May 01, 2018, called "Smart Sand, Inc". Analysts at Wall Street see Smart Sand, Inc.'s 116.67 % EPS growth compared to $0.06 earnings per share for last quarter. For the current year the company's revenue estimates are $243.15 Million compared to low analyst estimates of $220.41 Million and high estimates of $256.5 Million according to the prediction of 8 analysts. During the same quarter in the prior year, the firm earned $0.40 EPS. The firm's revenue was up 45.8% compared to the same quarter previous year. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. Piper Jaffray set a $12.00 target price on shares of Smart Sand and gave the stock a "buy" rating in a research report on Wednesday, January 10th. BidaskClub upgraded shares of Smart Sand from a "buy" rating to a "strong-buy" rating in a research report on Thursday, January 25th. Finally, Zacks Investment Research downgraded Smart Sand from a "strong-buy" rating to a "hold" rating in a research note on Saturday, February 10th. Current price places the company's stock 31.56% away from its 200-day simple moving average, 50.85%, away from the 50-day average and also 30.23% away from 20-day average. The shares recently went up by 2.71% or $0.02 and now trades at $0.84. SND has 346,478 shares volume. Smart Sand has a twelve month low of $4.81 and a twelve month high of $13.70.

The Company holds the market capitalization of $270.22M along with 42.79M outstanding shares.

Smart Sand (NASDAQ:SND) is set to issue its quarterly earnings data before the market opens on Thursday, May 10th. The stock grabbed 24 new institutional investments totaling 1,237,991 shares while 18 institutional investors sold out their entire positions totaling 1,056,163 shares. Millennium Management LLC increased its holdings in shares of Smart Sand by 430.2% in the 4th quarter. Average estimation for the current quarter has been provided by 9 analysts. Wells Fargo & Company MN now owns 389,083 shares of the company's stock valued at $2,638,000 after acquiring an additional 265,657 shares during the period. Stone Ridge Asset Management LLC bought a new position in shares of Smart Sand in the fourth quarter valued at approximately $144,000. With approx. 9.75M shares in outstanding, the company has a market cap of $20.47M as per the current valuation.

TRADEMARK VIOLATION WARNING: This piece was originally reported by The Lincolnian Online and is owned by of The Lincolnian Online.



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