In last trading session, Smart Sand Inc. (NASDAQ:SND) saw 0.41 million shares changing hands with its beta currently measuring 1.63. Company’s recent per share price level of $2.04 trading at -$0.03 or -1.45% at ring of the bell on the day assigns it a market valuation of $90.56M. That closing price of SND’s stock is at a discount of -142.65% from its 52-week high price of $4.95 and is indicating a premium of 32.84% from its 52-week low price of $1.37. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.28 million shares which gives us an average trading volume of 191.86K if we extend that period to 3-months.
For Smart Sand Inc. (SND), analysts’ consensus is at an average recommendation of a Hold while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.04 in the current quarter.
Smart Sand Inc. (NASDAQ:SND) trade information
Upright in the red during last session for losing -1.45%, in the last five days SND remained trading in the red while hitting it’s week-highest on Tuesday, 11/22/22 when the stock touched $2.04 price level, adding 3.77% to its value on the day. Smart Sand Inc.’s shares saw a change of 14.61% in year-to-date performance and have moved -2.86% in past 5-day. Smart Sand Inc. (NASDAQ:SND) showed a performance of 14.61% in past 30-days. Number of shares sold short was 1.1 million shares which calculate 9.64 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $2.75 to the stock, which implies a rise of 25.82% to its current value. Analysts have been projecting $2.50 as a low price target for the stock while placing it at a high target of $3.00. It follows that stock’s current price would drop -47.06% in reaching the projected high whereas dropping to the targeted low would mean a loss of -22.55% for stock’s current value.
Smart Sand Inc. (SND) estimates and forecasts
Statistics highlight that Smart Sand Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -37.52% of value to its shares in past 6 months, showing an annual growth rate of 87.60% while that of industry is 19.60. Apart from that, the company came raising its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to increase by 123.50% in the current quarter and calculating 100.00% increase in the next quarter. This year revenue growth is estimated to rise 84.90% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $64.3 million for the same. And 2 analysts are in estimates of company making revenue of $59.7 million in the next quarter that will end on Dec 2022.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -37.30% during past 5 years. In 2022, company’s earnings growth rate is likely to be around -272.80% while estimates for its earnings growth in next 5 years are of -2.60%.
Smart Sand Inc. is more likely to be releasing its next quarterly report on November 09 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Smart Sand Inc. (NASDAQ:SND)’s Major holders
Insiders are in possession of 24.48% of company’s total shares while institution are holding 36.47 percent of that, with stock having share float percentage of 48.29%. Investors also watch the number of corporate investors in a company very closely, which is 36.47% institutions for Smart Sand Inc. that are currently holding shares of the company. Clearlake Capital Group, LP is the top institutional holder at SND for having 8.2 million shares of worth $16.4 million. And as of Jun 29, 2022, it was holding 18.10% of the company’s outstanding shares.
The second largest institutional holder is Bridgeway Capital Management, Inc., which was holding about 0.87 million shares on Jun 29, 2022. The number of shares represents firm’s hold over 1.91% of outstanding shares, having a total worth of $1.73 million.
On the other hand, Sprott Focus Trust and Fidelity Series Intrinsic Opportunities Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2022, the former fund manager was holding 0.75 million shares of worth $1.5 million or 1.66% of the total outstanding shares. The later fund manager was in possession of 0.49 million shares on Jul 30, 2022, making its stake of worth around $1.17 million in the company or a holder of 1.07% of company’s stock.