Hi-Crush Partners LP (HCLP) Analysts See $0.38 EPS

October 13, 2017 - By Stephen Andrade

 Hi Crush Partners LP (HCLP) Analysts See $0.38 EPS
Investors sentiment decreased to 1.66 in 2017 Q2. Its down 0.41, from 2.07 in 2017Q1. It dived, as 22 investors sold Hi-Crush Partners LP shares while 16 reduced holdings. 27 funds opened positions while 36 raised stakes. 44.46 million shares or 4.19% less from 46.41 million shares in 2017Q1 were reported.
Waddell And Reed has invested 0.02% of its portfolio in Hi-Crush Partners LP (NYSE:HCLP). Weiss Multi reported 49,180 shares. Fort Washington Inv Inc Oh holds 402,000 shares or 0.07% of its portfolio. Selz Cap Llc invested in 200,079 shares. Balyasny Asset Management Ltd Liability Com has invested 0.11% of its portfolio in Hi-Crush Partners LP (NYSE:HCLP). Wellington Grp Ltd Liability Partnership holds 0% or 120,319 shares. Peconic Ptnrs Ltd Liability Company reported 107,380 shares. Blair William Il holds 96,550 shares. Citigroup reported 0.02% stake. Goldman Sachs Gru owns 3.71 million shares. Pnc Svcs Grp Inc Inc accumulated 0% or 1,300 shares. Round Table Ltd Liability Company invested 0.06% in Hi-Crush Partners LP (NYSE:HCLP). North Star Mgmt Corporation has invested 0% of its portfolio in Hi-Crush Partners LP (NYSE:HCLP). Susquehanna Interest Ltd Liability Partnership owns 2.12 million shares. Sprott reported 1.18M shares or 0.47% of all its holdings.

Wall Street await Hi-Crush Partners LP (NYSE:HCLP) to release earnings on October, 30. Analysts forecast EPS of $0.38, up exactly $0.59 or 280.95 % from 2014’s $-0.21 EPS. The expected HCLP’s profit could reach $35.61 million giving the stock 6.15 P/E in the case that $0.38 earnings per share is reported. After posting $0.18 EPS for the previous quarter, Hi-Crush Partners LP’s analysts now forecast 111.11 % EPS growth. The stock decreased 3.11% or $0.3 during the last trading session, reaching $9.35. About 804,321 shares traded. Hi-Crush Partners LP (NYSE:HCLP) has risen 114.79% since October 13, 2016 and is uptrending. It has outperformed by 98.09% the S&P500.

Hi-Crush Partners LP (NYSE:HCLP) Ratings Coverage

Among 15 analysts covering Hi-Crush Partners (NYSE:HCLP), 8 have Buy rating, 4 Sell and 3 Hold. Therefore 53% are positive. Hi-Crush Partners had 44 analyst reports since July 24, 2015 according to SRatingsIntel. Barclays Capital downgraded Hi-Crush Partners LP (NYSE:HCLP) on Wednesday, October 28 to “Underweight” rating. On Wednesday, February 24 the stock rating was maintained by Wunderlich with “Hold”. The firm has “Hold” rating given on Tuesday, June 14 by Wunderlich. The stock of Hi-Crush Partners LP (NYSE:HCLP) has “Buy” rating given on Wednesday, October 28 by Wunderlich. As per Tuesday, October 27, the company rating was downgraded by UBS. Credit Suisse upgraded the shares of HCLP in report on Wednesday, June 1 to “Outperform” rating. Jefferies maintained Hi-Crush Partners LP (NYSE:HCLP) rating on Monday, August 28. Jefferies has “Buy” rating and $15 target. The company was upgraded on Monday, December 5 by Cowen & Co. Jefferies upgraded Hi-Crush Partners LP (NYSE:HCLP) rating on Monday, July 11. Jefferies has “Buy” rating and $20 target. On Friday, August 7 the stock rating was maintained by Cowen & Co with “Outperform”.

Hi-Crush Partners LP is an integrated producer, transporter, marketer and distributor of monocrystalline sand, a specialized mineral that is used as a proppant to manage the recovery rates of hydrocarbons from oil and natural gas wells. The company has market cap of $876.10 million. The Company’s reserves consist of northern white sand, a resource in Wisconsin and limited portions of the upper Midwest region of the United States. It currently has negative earnings. It owns and operates a portfolio of sand facilities with on-site wet and dry plant assets, including direct access to the United States railroads for distribution to in-basin terminals.

More important recent Hi-Crush Partners LP (NYSE:HCLP) news were published by: Seekingalpha.com which released: “Hi-Crush Partners: First Mover Advantage” on September 19, 2017, also Globenewswire.com published article titled: “Hi-Crush Partners LP Announces Timing of Third Quarter 2017 Financial Results …”, Seekingalpha.com published: “Hi-Crush Partners: More Rigs, More Sand, And Some M&A Chatter” on October 04, 2017. More interesting news about Hi-Crush Partners LP (NYSE:HCLP) was released by: Streetinsider.com and their article: “Piper Jaffray Starts Hi-Crush Partners LP (HCLP) at Overweight” with publication date: September 25, 2017.

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