Smart Sand (SND) Scheduled to Post Earnings on Tuesday

Smart Sand (NASDAQ:SND) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of $0.01 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Smart Sand (NASDAQ:SND) last released its quarterly earnings data on Tuesday, August 13th. The company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.04. Smart Sand had a return on equity of 1.07% and a net margin of 0.44%. The firm had revenue of $73.80 million for the quarter, compared to analyst estimates of $68.15 million. During the same quarter in the prior year, the company earned $0.17 earnings per share. On average, analysts expect Smart Sand to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Smart Sand Stock Performance

Shares of NASDAQ SND opened at $2.44 on Friday. Smart Sand has a 12 month low of $1.65 and a 12 month high of $2.52. The stock has a 50 day moving average of $2.11 and a 200-day moving average of $2.11. The company has a current ratio of 1.66, a quick ratio of 1.02 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $104.74 million, a P/E ratio of 61.00 and a beta of 1.07.

Smart Sand Announces Dividend

The business also recently declared a dividend, which was paid on Monday, October 28th. Investors of record on Tuesday, October 15th were paid a $0.10 dividend. The ex-dividend date of this dividend was Tuesday, October 15th. This represents a yield of 4.52%.

Analysts Set New Price Targets

Separately, Piper Sandler decreased their price target on shares of Smart Sand from $2.75 to $2.25 and set a “neutral” rating on the stock in a research note on Monday, July 15th.

Insider Buying and Selling

In other news, VP Christopher M. Green sold 33,000 shares of the firm’s stock in a transaction that occurred on Friday, August 16th. The shares were sold at an average price of $1.96, for a total value of $64,680.00. Following the sale, the vice president now directly owns 46,352 shares in the company, valued at approximately $90,849.92. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 32.30% of the stock is owned by corporate insiders.

Smart Sand Company Profile

Smart Sand, Inc, an integrated frac and industrial sand supply and services company, engages in the excavation, processing, and sale of sands or proppant for use in hydraulic fracturing operations in the oil and gas industry in the United States. It also provides proppant logistics services; and wellsite storage solutions through SmartSystems products and services.