Shares of Hi-Crush Inc. (NYSE:HCR) have been given a consensus broker rating score of 3.27 (Hold) from the eleven brokers that provide coverage for the company, Zacks Investment Research reports. Two analysts have rated the stock with a strong sell rating, one has given a sell rating, seven have given a hold rating and one has assigned a strong buy rating to the company. Hi-Crush’s rating score has improved by 4.4% in the last three months as a result of various analysts’ upgrades and downgrades.
Analysts have set a 1-year consensus price target of $3.96 for the company and are predicting that the company will post ($0.04) earnings per share for the current quarter, according to Zacks. Zacks has also given Hi-Crush an industry rank of 51 out of 256 based on the ratings given to its competitors.
A number of equities research analysts have weighed in on the company. ValuEngine downgraded Zumiez from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd. Zacks Investment Research upgraded HENKEL AG & CO/S from a “sell” rating to a “hold” rating in a research report on Thursday, June 6th.
NYSE HCR traded up $0.13 during trading hours on Friday, reaching $2.33. 638,665 shares of the stock traded hands, compared to its average volume of 933,437. Hi-Crush has a 1 year low of $1.55 and a 1 year high of $16.65. The company has a quick ratio of 1.21, a current ratio of 1.53 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $235.58 million, a price-to-earnings ratio of 2.62 and a beta of 1.93.
Hi-Crush (NYSE:HCR) last released its quarterly earnings results on Tuesday, May 7th. The company reported ($0.06) earnings per share for the quarter. Hi-Crush had a net margin of 9.99% and a return on equity of 10.24%. The firm had revenue of $159.91 million for the quarter, compared to analysts’ expectations of $178.20 million. On average, equities analysts expect that Hi-Crush will post -0.1 earnings per share for the current fiscal year.
In related news, CEO Robert E. Rasmus acquired 100,000 shares of the firm’s stock in a transaction dated Friday, June 7th. The shares were purchased at an average price of $1.63 per share, for a total transaction of $163,000.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Michael A. Oehlert acquired 56,000 shares of the firm’s stock in a transaction dated Friday, June 7th. The stock was bought at an average price of $1.77 per share, for a total transaction of $99,120.00. The disclosure for this purchase can be found here. Insiders have acquired 181,000 shares of company stock worth $302,620 in the last 90 days. Company insiders own 34.80% of the company’s stock.
Hi-Crush Inc, together with its subsidiaries, provides proppant and logistics solutions to the petroleum industry in North America. The company offers raw frac sand used in hydraulic fracturing process for oil and natural gas wells. It owns and operates multiple frac sand mining facilities, which include a 971-acre facility with integrated rail infrastructure located in Wyeville, Wisconsin; a 1,187-acre facility with integrated rail infrastructure located in Eau Claire County, Wisconsin; a 1,285-acre facility with integrated rail infrastructure located in Blair, Wisconsin; and a 1,626-acre facility with integrated rail infrastructure located in Independence, Wisconsin and Whitehall, Wisconsin.
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