$0.38 EPS Expected for Hi-Crush Partners LP (HCLP)

October 13, 2017 - By Winifred Garcia

 $0.38 EPS Expected for Hi Crush Partners LP (HCLP)
Investors sentiment decreased to 1.66 in Q2 2017. Its down 0.41, from 2.07 in 2017Q1. It turned negative, 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.
Toronto Dominion National Bank owns 168,400 shares for 0.01% of their portfolio. Moreover, Da Davidson has 0% invested in Hi-Crush Partners LP (NYSE:HCLP). Deutsche Bancshares Ag holds 0% of its portfolio in Hi-Crush Partners LP (NYSE:HCLP) for 101,200 shares. Raymond James Fincl Advsrs Inc has invested 0.01% in Hi-Crush Partners LP (NYSE:HCLP). 49,180 were accumulated by Weiss Multi. Tower Research Capital Ltd (Trc) owns 2,500 shares or 0% of their US portfolio. Royal Commercial Bank Of Canada has invested 0% in Hi-Crush Partners LP (NYSE:HCLP). Hodges Management accumulated 15,000 shares. Focused Wealth Management owns 675 shares. Blair William And Il reported 96,550 shares. Cushing Asset Management Lp holds 488,280 shares. S Muoio & Lc stated it has 0.05% in Hi-Crush Partners LP (NYSE:HCLP). Barclays Public Lc holds 1.22 million shares or 0.01% of its portfolio. Bancorp Of America De, a North Carolina-based fund reported 5.83M shares. Balyasny Asset Management Limited Liability Company owns 2.50 million shares or 0.11% of their US portfolio.

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. The firm earned “Buy” rating on Thursday, October 5 by Jefferies. The firm has “Hold” rating given on Wednesday, February 24 by Wunderlich. The stock of Hi-Crush Partners LP (NYSE:HCLP) earned “Buy” rating by DA Davidson on Friday, February 26. As per Tuesday, June 14, the company rating was maintained by Wunderlich. The rating was maintained by Credit Suisse with “Buy” on Thursday, July 20. On Monday, October 5 the stock rating was downgraded by Raymond James to “Mkt Perform”. The stock of Hi-Crush Partners LP (NYSE:HCLP) earned “Neutral” rating by Credit Suisse on Friday, September 4. As per Wednesday, June 15, the company rating was upgraded by Raymond James. Robert W. Baird downgraded the shares of HCLP in report on Monday, August 10 to “Outperform” rating. UBS downgraded it to “Sell” rating and $4 target in Tuesday, October 27 report.

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: Streetinsider.com which released: “Piper Jaffray Starts Hi-Crush Partners LP (HCLP) at Overweight” on September 25, 2017, also Seekingalpha.com published article titled: “Hi-Crush Partners: More Rigs, More Sand, And Some M&A Chatter”, Globenewswire.com published: “Hi-Crush Partners LP Announces Timing of Third Quarter 2017 Financial Results …” on October 05, 2017. More interesting news about Hi-Crush Partners LP (NYSE:HCLP) was released by: Seekingalpha.com and their article: “Hi-Crush Partners: First Mover Advantage” with publication date: September 19, 2017.

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