Carbo Ceramics Inc (NYSE:CRR) Q4 2016 Sentiment Report

July 18, 2017 - By Adrian Mccoy

 Carbo Ceramics Inc (NYSE:CRR)  Q4 2016 Sentiment Report

Sentiment for Carbo Ceramics Inc (NYSE:CRR)

Carbo Ceramics Inc (NYSE:CRR) institutional sentiment decreased to 1.17 in Q4 2016. Its down -0.52, from 1.69 in 2016Q3. The ratio has worsened, as 68 investment managers increased and opened new stock positions, while 58 cut down and sold equity positions in Carbo Ceramics Inc. The investment managers in our partner’s database now have: 20.52 million shares, down from 21.90 million shares in 2016Q3. Also, the number of investment managers holding Carbo Ceramics Inc in their top 10 stock positions decreased from 1 to 0 for a decrease of 1. Sold All: 32 Reduced: 26 Increased: 43 New Position: 25.

CARBO Ceramics Inc. is a technology firm that provides services and products to the global gas and oil and industrial markets. The company has market cap of $203.16 million. The Firm operates through two divisions: Oilfield Technologies and Services, and Environmental Products and Services. It currently has negative earnings. The Company’s oilfield technologies and services segment includes the manufacturing and selling of proppant products for use primarily in the hydraulic fracturing of oil and natural gas wells, Fracpro software for the design of fracture treatments, and StrataGen consulting services for the optimizing of well completions.

It closed at $7.28 lastly. It is down 19.88% since July 18, 2016 and is downtrending. It has underperformed by 36.58% the S&P500.

Investors wait CARBO Ceramics Inc. (NYSE:CRR) to report on July, 27. its quarterly earnings Wall Street analysts expect $-0.83 EPS, down $0.33 or 66.00 % from last year’s $-0.5 same quarter earnings. CARBO Ceramics Inc.’s Wall Street analysts see -31.97 % EPS growth, taking into account the $-1.22 EPS reproted in the previous quarter,

Energy Opportunities Capital Management Llc holds 0.96% of its portfolio in CARBO Ceramics Inc. for 348,039 shares. Diversified Investment Strategies Llc owns 83,272 shares or 0.91% of their US portfolio. Moreover, Heartland Advisors Inc has 0.48% invested in the company for 836,590 shares. The Wisconsin-based Morgan Dempsey Capital Management Llc has invested 0.43% in the stock. Arosa Capital Management Lp, a New York-based fund reported 274,702 shares.#img1#

Since January 1, 0001, it had 3 insider purchases, and 0 selling transactions for $209,940 activity.

CARBO Ceramics Inc. (NYSE:CRR) Ratings Coverage

Ratings analysis reveals 29% of Carbo Ceramics Inc.’s analysts are positive. Out of 7 Wall Street analysts rating Carbo Ceramics Inc., 2 give it “Buy”, 1 “Sell” rating, while 4 recommend “Hold”. The lowest target is $10.5000 while the high is $32. The stock’s average target of $18.13 is 149.04% above today’s ($7.28) share price. CRR was included in 17 notes of analysts from August 24, 2015. The firm has “Buy” rating by Guggenheim given on Monday, November 30. The rating was upgraded by Goldman Sachs on Friday, December 16 to “Neutral”. Howard Weil maintained the stock with “Sector Perform” rating in Friday, January 29 report. The stock of CARBO Ceramics Inc. (NYSE:CRR) earned “Market Perform” rating by Cowen & Co on Monday, February 6. KLR Group initiated it with “Hold” rating and $15.25 target in Monday, December 14 report. The rating was maintained by Cowen & Co on Friday, July 7 with “Hold”. On Friday, October 30 the stock rating was maintained by Cowen & Co with “Market Perform”. On Tuesday, June 7 the stock rating was maintained by Howard Weil with “Sector Perform”. On Friday, October 28 the stock rating was maintained by Howard Weil with “Sector Perform”. The stock has “Market Perform” rating by Cowen & Co on Wednesday, May 10.

More notable recent CARBO Ceramics Inc. (NYSE:CRR) news were published by: Seekingalpha.com which released: “CARBO Ceramics’ (CRR) CEO Gary Kolstad on Q4 2016 Results – Earnings Call …” on January 27, 2017, also Seekingalpha.com with their article: “Carbo Ceramics: Wilks Brothers Companies Have Opened The Coffin” published on April 09, 2017, Seekingalpha.com published: “Carbo Ceramics: Developing A Recovery Scenario” on November 29, 2016. More interesting news about CARBO Ceramics Inc. (NYSE:CRR) were released by: Seekingalpha.com and their article: “Carbo Ceramics: Getting Back To Book Value?” published on November 17, 2016 as well as Reuters.com‘s news article titled: “BRIEF-Carbo Ceramics Inc Qtrly loss per share $1.22” with publication date: April 27, 2017.

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