Deutsche Bank initiated coverage of Smart Sand Inc. today with a Buy rating. Deutsche Bank set a price target of $9 which is 34.1% above its previous close of $6.71.
Smart Sand Inc. is a producer of Northern White raw frac sand, which is a proppant used to enhance hydrocarbon recovery rates in the hydraulic fracturing of oil and natural gas wells. You can find out more about this company on their website here.
Smart Sand Inc Stock Chart
The big question in my mind is if the 5 day moving average will cross back below the 20 day moving average:
We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a good opportunity for an entry. There is a resistance zone just above the current price starting at $7.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at $6.95, a stop order could be placed below this zone.
Smart Sand Inc Review
Smart Sand Inc (SND) has a Return On Assets of 7.79%. This is better than the industry average of 2.05%. SND has a Profit Margin of 16.74%. This is among the best returns in the industry. The industry average is 5.37%. SND outperforms 89% of its industry peers. SND has a Piotroski-F score of 5. This indicates an average health and profitability for SND. SND's Return On Equity of 9.33% is worse than the rest of the industry. The industry average Return On Equity is 10.54%.
With a Price/Earnings Ratio of 11.63, the valuation of SND can be described as very reasonable. SND's Price/Earning Ratio is rather cheap when compared to the industry average which is at 29.47. SND is also cheaper than 85% of the companies in the same industry. SND's low PEG Ratio, which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company. Compared to an average industry price book ratio of 2.28, SND is cheap. With a Forward Price/Earnings Ratio of 8.5, SND is cheap.
SND shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 121.05%, which is quite impressive. The Earnings Per Share has been growing by 27.42% on average over the past 5 years. This is a very strong growth. The Earnings Per Share is expected to grow by 82.38% on average over the next 2 years. This is a very strong growth. Revenue has grown by 241.57% in the past year. Again, this is a very strong growth! Revenue has been growing by 11.79% on average over the past 5 years.
A Current Ratio of 7.41 indicates that SND has no problem at all paying its short term obligations. SND is one of the better placed companies in its industry to meet its short term obligations. Its Current Ratio is much better than the industry average of 2.96. SND has better rating than 85% of its industry peers. SND has a Quick Ratio of 6.71. This indicates that SND is financially healthy and has no problem in meeting its short term obligations. The Quick Ratio of SND is much better than the industry average of 2.14. SND has better rating than 85% of its industry peers. The Debt to Equity ratio for SND is way better than the industry averages. An Altman-Z score of 6.21 indicates that SND is not in any danger of bankruptcy at the moment. The Altman-Z score of SND is much better than the industry average of 2.07. The Piotroski-F score of SND is 5. This is a neutral score and indicates average health and profitability for SND.
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