Smart Sand Inc (SND) saw an uptrend of 3.17% in the recent trading with $3.9 being its most recent. The current price level -13.58% lower than the highest price of $4.51 marked by the stock while trading over the past 52-weeks, whereas it is 133.83% higher than the lowest price of $1.67 the company dropped to over past 52-weeks. The latest news story on SND appeared in (Barchart) under the title “This Pick and Shovel Oil and Gas Stock Just Hit New 3-Year Highs”.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Hold by 1 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 3.00 for the stock.
Smart Sand Inc Earnings – What Happened With SND
Coming around sales and income figures on SND Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Smart Sand Inc (SND) last released financial results for the quarter that ended 3/31/2024, posting a surprise factor of -76.60% for net revenue.
SND – Smart Sand Inc Stock Earnings Estimates
The perspective of Smart Sand Inc (NASDAQ:SND)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.05 for stock’s EPS in the current quarter. Smart Sand Inc (SND) last released financial results for the quarter that ended 3/31/2024, posting a surprise factor of -76.60% for net revenue. Company’s EPS for the last quarter was 0.01.
Smart Sand Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 38.90 million. SND does have institutional investors; and they hold 26.98% of the stock.
As on 2024-06-30, VANGUARD GROUP INC was the top most holder in Smart Sand Inc (NASDAQ:SND) with an ownership of 1.47 million shares of the company or 3.7968 of the stake worth $3.1 million. The filing also reveals GENDELL JEFFREY L as the second largest holder in the company with a control over 2.6867 of the outstanding shares. Its stake is worth $2.2 million for having 1.04 million shares in hand.
CASTLEKNIGHT MANAGEMENT LP also came holding a key position in the company during the recent quarter and it now holds 2.6014 of the outstanding shares. With this there are now 57.0 institutions which have possession in SND’s shares.
Key Metrics for SND
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Smart Sand Inc has a debt to equity ratio of 0.16.
