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

June 27, 2018 - By Jacqueline McKee

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

Johnson Rice announced the downgrade of Smart Sand (SND)‘s rating on 26 June. The broker’s Expert analysts has changed SND’s stock rating to “Hold” from “Buy”.

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

Total analysts of 6 have positions in Smart Sand (SND) as follows: 3 rated it a “Buy”, 0 with “Sell” and 3 with “Hold”. The positive are 50%. Since January 2, 2018 according to StockzIntelligence Inc Smart Sand has 7 analyst reports. On Tuesday, January 2 the company was downgraded by Janney Capital. On Wednesday, January 10 the stock of Smart Sand, Inc. (NASDAQ:SND) has “Buy” rating given by Piper Jaffray. On Friday, March 16 the firm earned “Neutral” rating by Credit Suisse. On Monday, March 19 the stock of Smart Sand, Inc. (NASDAQ:SND) has “Buy” rating given by Deutsche Bank. On Friday, March 16 the firm earned “Buy” rating by Piper Jaffray. The stock rating was maintained by Seaport Global with “Buy” on Monday, March 19. The company rating was downgraded by Johnson Rice on Tuesday, June 26.

The stock decreased 0.38% or $0.02 during the last trading session, reaching $5.19.Currently Smart Sand, Inc. is downtrending after 40.34% change in last June 27, 2017. SND has also 450,795 shares volume. SND underperformed by 52.91% the S&P 500.

On August, 9. Investors wait Smart Sand, Inc. (NASDAQ:SND) to reveal its quarterly earnings, according to Faxor. This year’s EPS analyst estimate is anticipated to be $0.21. That is 250.00 % up compareed to $0.06 EPS for last year. If $0.21 is reported, SND’s profit will hit $8.69 million for 6.18 P/E. 950.00 % EPS growth is what analysts predict. $0.02 EPS was revealed for last 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 firm is worth $214.76 million. The firm sells its products primarily to oil and natural gas exploration and production companies, and oilfield service companies.The P/E ratio is 9.83. As of December 31, 2017, it had approximately 321 million tons of proven recoverable sand reserves.

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

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

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