On Jun 27, 2018 Smart Sand (SND) Downgraded By Johnson Rice From “Buy”.

June 27, 2018 - By Robert Case

Johnson Rice Downgraded Smart Sand (SND)’s Stock Rating to “Hold”.

It was announced on Tuesday morning that Johnson Rice downgraded Smart Sand (SND)‘s rating to “Hold”. SND’s old rating was “Buy”.

Smart Sand, Inc. (NASDAQ:SND) Ratings Coverage

In total 6 analysts cover Smart Sand (SND). “Buy” rating has 3, “Sell” are 0, while 3 are “Hold”. 50% are bullish. 7 are the (SND)’s analyst reports since January 2, 2018 according to StockzIntelligence Inc. On Tuesday, June 26 the firm has “Hold” rating by Johnson Rice given. In Monday, March 19 report Deutsche Bank maintained it with “Buy” rating and $8 target. The stock rating was downgraded by Janney Capital to “Neutral” on Tuesday, January 2. On Wednesday, January 10 the firm has “Buy” rating given by Piper Jaffray. On Friday, March 16 the firm earned “Buy” rating by Piper Jaffray. In Monday, March 19 report Seaport Global maintained the stock with “Buy” rating. The stock rating was maintained by Credit Suisse with “Neutral” on Friday, March 16.

SND hit $5.19 during the last trading session after $0.02 change.Currently Smart Sand, Inc. is downtrending after 40.34% change in last June 27, 2017. SND has also 450,795 shares volume. The stock underperformed the S&P 500 by 52.91%.

On August, 9 WallStreet awaited Smart Sand, Inc. (NASDAQ:SND)’s earnings report, according to Zacks. earnings per share of $0.21 is 250.00 % up from 2017’s $0.06 EPS. If reported the P/E will be 6.18 with $8.69 million profit. Last quarter $0.02 earnings per share was reported. Analysts sees 950.00 % EPS growth this quarter.

Smart Sand, Inc. engages in the excavation, processing, and sale of industrial sands for use in hydraulic fracturing activities in the gas and oil industry in the United States.The company has $214.76 million market cap. The firm sells its products primarily to oil and natural gas exploration and production companies, and oilfield service companies.9.83 is the P/E ratio. As of December 31, 2017, it had approximately 321 million tons of proven recoverable sand reserves.

There’s a significant Smart Sand, Inc. (NASDAQ:SND) news announced by Globenewswire.com. It’s an article titled: “Smart Sand Completes Acquisition of Quickthree Solutions” on June 04, 2018.

Smart Sand, Inc. (NASDAQ:SND) Analyst Ratings Chart

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