Smart Sand Inc (NASDAQ:SND) shares traded -14.07% down during most recent session to reach at the closing price of $5.19. The stock exchanged hands 2.15 Million shares versus average trading capacity of 925.72 Million shares, yielding a market cap of $196.8 Million. Wall Street analysts covering the stock are projecting that the stock will reach $12.93 within the next 52-weeks. The mean target projections are based on 7 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Smart Sand Inc (NASDAQ:SND) high price target of $20 and with a conservative view have low price target of $7.
Credit Suisse “Downgrades” Smart Sand Inc (NASDAQ:SND) in a research note issued to investors on 7/20/17 to Neutral with price target of $8.5.
Additionally on 6/15/17 Janney Capital “Initiates Coverage On” Smart Sand Inc (NASDAQ:SND) to Buy setting price target at $13 and on 5/26/17 Evercore ISI Group “Initiates Coverage On” the stock to In-Line at $12. Furthermore on 3/17/17 Johnson Rice “Upgrades” the stock to Accumulate at $21.
On the other hand the company has Relative Strength Index (RSI 14) of 30.55 along with Average True Range (ATR 14) of 0.54, Consequently Smart Sand Inc (NASDAQ:SND)’s weekly and monthly volatility is 8.61%, 7.73% respectively. The company’s beta value is at 0.
In terms of Buy, Sell or Hold recommendations, Smart Sand Inc (NASDAQ:SND) has analysts’ mean recommendation of 2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Smart Sand Inc (NASDAQ:SND)’s minimum EPS for the current quarter is at $0.07 and can go high up to $0.13. The consensus mean EPS for the current quarter is at $0.09 derived from a total of 6 estimates from the analysts who have weighed in on projected earnings.
Previously Smart Sand Inc (NASDAQ:SND) reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by $-0.02. The company posted an earnings surprise of -40%.
Smart Sand Inc (NASDAQ:SND)’s revenue estimates for the current quarter are $29.9 Million according to 7 number of analysts, for the current quarter the company has high revenue estimates of $31.8 Million in contradiction of low revenue estimates of $27.6 Million. For the current year the company’s revenue estimates are $119.46 Million compared to low analyst estimates of $86 Million and high estimates of $133.96 Million according to 8 number of analysts.
Currently Smart Sand Inc (NASDAQ:SND)’s shares owned by insiders are 4.2%, whereas shares owned by institutional owners are 88.6%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 2.6%.
Smart Sand Inc (NASDAQ:SND) 52-week high price stands at $21.99 and low price stands at $5.76, its price distance from 52-week high is -76.4% while its distance from 52-week low price is -9.9%. The stock hit its 52-week high on 02/23/17, and 52-week low on 08/10/17.
Smart Sand Inc (NASDAQ:SND)’s trailing twelve month revenues are $73.9 Million, whereas its price to sales ratio for the same period is 2.66. Its book value per share for the most recent quarter is $4.23 while its price to book ratio for the same period is 1.23, as for as the company’s cash per share for the most recent quarter is $1.92, however its price to cash per share ratio for the same period is 2.71. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 14.58.