Smart Sand (SND) Set to Announce Earnings on Tuesday

Smart Sand (NASDAQ:SND - Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, November 12th. Analysts expect Smart Sand to post 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 - Get Free Report) last issued its quarterly earnings data on Tuesday, August 13th. The company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.04. The company had revenue of $73.80 million for the quarter, compared to analyst estimates of $68.15 million. Smart Sand had a return on equity of 1.07% and a net margin of 0.44%. During the same period last 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 Price Performance

Shares of SND stock traded up $0.03 during trading hours on Tuesday, hitting $2.15. 118,755 shares of the company's stock were exchanged, compared to its average volume of 116,152. Smart Sand has a fifty-two week low of $1.65 and a fifty-two week high of $2.45. The firm has a market cap of $92.30 million, a P/E ratio of 54.50 and a beta of 1.07. The company has a quick ratio of 1.02, a current ratio of 1.66 and a debt-to-equity ratio of 0.04. The firm has a 50 day moving average of $2.09 and a two-hundred day moving average of $2.10.

Smart Sand Dividend Announcement

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

Insider Activity at Smart Sand

In other news, VP Christopher M. Green sold 33,000 shares of the company's stock in a transaction on Friday, August 16th. The shares were sold at an average price of $1.96, for a total transaction of $64,680.00. Following the completion of the sale, the vice president now owns 46,352 shares of the company's stock, valued at $90,849.92. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 32.30% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler reduced their price target on shares of Smart Sand from $2.75 to $2.25 and set a "neutral" rating for the company in a research report on Monday, July 15th.

About Smart Sand

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.