Shares of Smart Sand, Inc. (NASDAQ:SND) recorded 13.94% gain during trading session on November 8th, 2018. The script traded as low as $3.2 and last traded at $3.27. 3.83 million shares changed exchanged hands during trading, a drop of -583297.53% from the 30-day average session volume of 656.33K shares. The firm had previously closed at $2.87. The company has $37.86M outstanding shares, a price-to-earnings ratio of 6.49, price-to-earnings-growth ratio of 0.69. The company has a RSI of 48.27, ATR of 0.31 and a volatility of 12.83% this week. SND has a 52 week low price of $2.55 and a 52 week high price of $11.06.
Investors have identified the tech company Smart Sand, Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around 123.80M, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Smart Sand, Inc. (SND) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For SND, the company has in raw cash 1.75 million on their books with 29.98 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 0 total, with 42.59 million as their total liabilities. This figure have given the company a good sense of viability under numerous contexts.
SND were able to record 0 as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 0. In cash movements, the company had a total of 0 as operating cash flow.
Potential earnings growth for Smart Sand, Inc. (SND)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Smart Sand, Inc. recorded a total of 54.45 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 0.45% coming in sequential stages and their sales for the third quarter increasing by 0.22%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 34.68 million trying to sell their products during the last quarter, with the result yielding a gross income of 19.77 million. This allows shareholders to hold on to 37.86M with the revenue now reading 250 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.23 cents a share).
Is the stock of SND attractive?
Having a look at the company’s valuation, the company is expected to record 0.72 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on SND sounds very interesting.
In related news, Chief Operating Officer YOUNG WILLIAM JOHN bought 1,000 shares of the company’s stock in a transaction that recorded on June 15th, 2018. The purchase was performed at an average price of 5.57, for a total value of 5,570. As the purchase deal closes, the CEO YOUNG WILLIAM JOHN now bought 30,000 shares of the company’s stock, valued at 182,400. Also, SEE REMARKS NEUMANN SUSAN E sold 2,900 shares of the company’s stock in a deal that was recorded on May 17th, 2018. The shares were sold at an average cost of 7.11 per share, with a total market value of 29,099. Following this completion of disposal, the Chief Financial Officer now holds 7,600 shares of the company’s stock, valued at 50,464. In the last 6 months, insiders have changed their ownership in shares of company stock by 5.10%.
0 out of 8 analysts covering the stock have rated it a Buy, while 5 have maintained a Hold recommendation on Smart Sand, Inc. stock. 1 analysts has assigned a Sell rating on the SND stock. The 12-month mean consensus price target for the company’s shares has been set at $5.88.