On Jun 27, 2018 Johnson Rice Reports Smart Sand (SND)’s Rating Change From “Buy” to “Hold”.

June 27, 2018 - By Ira Colvard

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

From “Buy” to “Hold” was changed Smart Sand (SND)‘s rating by Johnson Rice. The downgrade was reported on 26 June.

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

A total of 6 analysts rate Smart Sand (SND) as follows: 3 “Buy”, 3 “Hold” and 0 “Sell”. Тherefore 50% are bullish. (SND) has 7 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Tuesday, June 26 the stock has “Hold” rating by Johnson Rice. The stock rating was maintained by Piper Jaffray with “Buy” on Friday, March 16. In Tuesday, January 2 report Janney Capital downgraded the stock to “Neutral” rating. On Friday, March 16 the firm earned “Neutral” rating by Credit Suisse. The company rating was maintained by Seaport Global on Monday, March 19. On Wednesday, January 10 the rating was maintained by Piper Jaffray with “Buy”. On Monday, March 19 the firm has “Buy” rating by Deutsche Bank given.

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. SND underperformed by 52.91% the S&P 500.

Smart Sand, Inc. (NASDAQ:SND)’s quarterly earnings will be announced on August, 9., RTT reports. Analysts have anticipation on stock’s earnings per share of $0.21. That’s up 250.00 % from last year’s $0.06 earnings per share. If SND’s EPS is $0.21 the profit will hit $8.69M for 6.18 P/E. After $0.02 earnings per share was announced last quarter, analysts now see EPS growth of 950.00 % for Smart Sand, Inc..

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 valued at $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 significant Smart Sand, Inc. (NASDAQ:SND) news published by Globenewswire.com. It’s an item titled: “Smart Sand Completes Acquisition of Quickthree Solutions” on June 04, 2018.

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

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