NYSE:CRR - CARBO Ceramics Stock Price, News & Analysis

CARBO Ceramics trades on the New York Stock Exchange (NYSE) under the ticker symbol "CRR."

CARBO Ceramics Inc. (NYSE:CRR) released its quarterly earnings data on Thursday, July, 25th. The oil and gas company reported ($0.57) earnings per share for the quarter, missing the consensus estimate of ($0.52) by $0.05. The oil and gas company had revenue of $43.10 million for the quarter, compared to analysts' expectations of $51.85 million. CARBO Ceramics had a negative net margin of 37.95% and a negative return on equity of 21.61%. The firm's revenue for the quarter was down 25.7% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.55) earnings per share. View CARBO Ceramics' Earnings History.

CARBO Ceramics is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for CARBO Ceramics.

1 brokers have issued 12-month price objectives for CARBO Ceramics' stock. Their predictions range from $1.00 to $1.00. On average, they expect CARBO Ceramics' stock price to reach $1.00 in the next twelve months. This suggests that the stock has a possible downside of 60.5%. View Analyst Price Targets for CARBO Ceramics.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CARBO Ceramics in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CARBO Ceramics.

Press coverage about CRR stock has trended somewhat positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. CARBO Ceramics earned a news impact score of 0.9 on InfoTrie's scale. They also gave media coverage about the oil and gas company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for CARBO Ceramics.

CARBO Ceramics saw a decline in short interest in August. As of August 15th, there was short interest totalling 4,818,700 shares, a decline of 11.1% from the July 15th total of 5,418,500 shares. Based on an average daily volume of 432,400 shares, the days-to-cover ratio is presently 11.1 days. Currently, 20.6% of the company's shares are short sold. View CARBO Ceramics' Current Options Chain.

Some companies that are related to CARBO Ceramics include Advantage Oil & Gas (AAVVF), Hydrogenics (HYGS), Contura Energy (CNTE), KLX Energy Services (KLXE), Earthstone Energy (ESTE), Enquest (ENQUF), TETRA Technologies (TTI), Primeenergy Resources (PNRG), Permian Basin Royalty Trust (PBT), RGC Resources (RGCO), Panhandle Oil and Gas (PHX), NOSTRUM OIL & G/ADR (NSTRY), SandRidge Energy (SD), Forum Energy Technologies (FET) and Ultra Petroleum (UPL).

Based on aggregate information from My MarketBeat watchlists, some companies that other CARBO Ceramics investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Och-Ziff Capital Management Group (OZM), Precision Drilling (PD) and Hudson Technologies (HDSN).

CARBO Ceramics' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (7.10%), Vanguard Group Inc. (3.70%), D. E. Shaw & Co. Inc. (3.48%), BlackRock Inc. (1.23%), Tieton Capital Management LLC (1.20%) and Morgan Stanley (1.09%). Company insiders that own CARBO Ceramics stock include Don P Conkle, Ernesto Bautista III, Gary A Kolstad and Wilks Brothers, Llc. View Institutional Ownership Trends for CARBO Ceramics.

CRR stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Parametric Portfolio Associates LLC, Ancora Advisors LLC, Invesco Ltd., Charles Schwab Investment Management Inc., Northern Trust Corp, Schroder Investment Management Group and Schroder Investment Management Group. View Insider Buying and Selling for CARBO Ceramics.

CRR stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Fayez Sarofim & Co, Jane Street Group LLC, Vanguard Group Inc., Paloma Partners Management Co, Morgan Stanley, Acadian Asset Management LLC and SG Americas Securities LLC. Company insiders that have bought CARBO Ceramics stock in the last two years include Don P Conkle, Ernesto Bautista III, Gary A Kolstad and Wilks Brothers, Llc. View Insider Buying and Selling for CARBO Ceramics.

Shares of CRR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of CRR stock can currently be purchased for approximately $2.53.

CARBO Ceramics has a market capitalization of $74.33 million and generates $210.74 million in revenue each year. The oil and gas company earns $-75,430,000.00 in net income (profit) each year or ($2.68) on an earnings per share basis. CARBO Ceramics employs 407 workers across the globe.View Additional Information About CARBO Ceramics.

The official website for CARBO Ceramics is http://www.carboceramics.com/.

CARBO Ceramics' mailing address is 575 North Dairy Ashford Suite 300, Houston TX, 77079. The oil and gas company can be reached via phone at 281-921-6400 or via email at [email protected]