Smart Sand (SND) Was Downgraded From “Buy” By Johnson Rice.

June 27, 2018 - By Anthony Rauscher

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

Johnson Rice reported the cut 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 Wednesday, January 10 the firm has “Buy” rating given by Piper Jaffray. In Friday, March 16 report Credit Suisse maintained the stock with “Neutral” rating. On Friday, March 16 the stock of Smart Sand, Inc. (NASDAQ:SND) has “Buy” rating given by Piper Jaffray. On Tuesday, January 2 the company was downgraded by Janney Capital. The company rating was maintained by Deutsche Bank on Monday, March 19. On Tuesday, June 26 the stock has “Hold” rating by Johnson Rice. On Monday, March 19 the stock of Smart Sand, Inc. (NASDAQ:SND) earned “Buy” rating by Seaport Global.

SND reached $5.21 during the last trading session after $0.39 change.Smart Sand, Inc. has 1.69M shares volume, 70.89% up from normal. SND is downtrending and has moved 40.34% since June 27, 2017. The stock underperformed the S&P 500 by 52.91%.

Smart Sand, Inc. (NASDAQ:SND)’s earnings report is anticipated on August, 9., according to RTT. Analysts expect change of 250.00 % or $0.15 from previous year’s $0.06 earnings per share compared to current’s $0.21 earnings per share. If the current earnings per share of $0.21 is accurate, SND’s profit could hit $8.69 million. After $0.02 EPS report last quarter, Wall Street now sees 950.00 % EPS growth of 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 company has $215.59 million market cap. The firm sells its products primarily to oil and natural gas exploration and production companies, and oilfield service companies.The P/E ratio is 9.87. 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 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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