Smart Sand (SND)
Market Price (10/7/2026): $5.19 | Market Cap: $203.8 MilSector: Energy | Industry: Oil & Gas Equipment & Services
Smart Sand (SND)
Market Price (10/7/2026): $5.19Market Cap: $203.8 MilSector: EnergyIndustry: Oil & Gas Equipment & Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.8%, Dividend Yield is 4.8%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.0%, FCF Yield is 17% Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 27% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12% Megatrend and thematic driversMegatrends include US Energy Independence, and Industrial Resource Supply. Themes include US Oilfield Technologies, and Specialty Minerals & Aggregates. | Meaningful short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 11.4 | Stock price has recently run up significantly12M Rtn12 month market price return is 157% Key risksSND key risks include [1] financial health concerns, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.8%, Dividend Yield is 4.8%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.0%, FCF Yield is 17% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 27% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12% |
| Megatrend and thematic driversMegatrends include US Energy Independence, and Industrial Resource Supply. Themes include US Oilfield Technologies, and Specialty Minerals & Aggregates. |
| Meaningful short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 11.4 |
| Stock price has recently run up significantly12M Rtn12 month market price return is 157% |
| Key risksSND key risks include [1] financial health concerns, Show more. |
Qualitative Assessment
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Smart Sand (SND) stock has gained about 10% since 6/30/2026 because of the following key factors:
1. Smart Sand reported strong financial results for fiscal Q2 2026, which ended on June 30, 2026, driving investor confidence. The company announced record quarterly sales volumes of approximately 1.86 million tons, representing a 31% increase year-over-year, and reported revenue of $115.1 million, a 34% increase from fiscal Q2 2025. This robust performance also resulted in a gross profit of $19.8 million and a significant 140.6% increase in Adjusted EBITDA to $18.7 million. The company's CEO noted that fiscal Q2 2026 was "one of the best quarters in Smart Sand's history".
2. The company enhanced shareholder returns through a special dividend declaration. On July 16, 2026, Smart Sand's board of directors declared a special dividend of $0.10 per share, which was subsequently paid on August 12, 2026. This action returned approximately $4.2 million to shareholders and was seen as a positive signal of the company's strong cash position and commitment to capital allocation.
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Smart Sand (SND) stock has gained about 10% since 6/30/2026 because of the following key factors:
1. Smart Sand reported strong financial results for fiscal Q2 2026, which ended on June 30, 2026, driving investor confidence. The company announced record quarterly sales volumes of approximately 1.86 million tons, representing a 31% increase year-over-year, and reported revenue of $115.1 million, a 34% increase from fiscal Q2 2025. This robust performance also resulted in a gross profit of $19.8 million and a significant 140.6% increase in Adjusted EBITDA to $18.7 million. The company's CEO noted that fiscal Q2 2026 was "one of the best quarters in Smart Sand's history".
2. The company enhanced shareholder returns through a special dividend declaration. On July 16, 2026, Smart Sand's board of directors declared a special dividend of $0.10 per share, which was subsequently paid on August 12, 2026. This action returned approximately $4.2 million to shareholders and was seen as a positive signal of the company's strong cash position and commitment to capital allocation.
3. Favorable industry dynamics, including robust frac sand demand and expanded oil and gas activity, provided a positive macroeconomic tailwind. Smart Sand noted strong demand across its key operating basins, anticipating this trend to persist into the second half of 2026, fueled by expected growth in North American natural gas demand and increasing LNG export capacity. Concurrently, the broader oil and gas sector in key producing regions showed expanded activity in fiscal Q3 2026, with both oil and natural gas production increasing. The global frac sand market is projected to grow from $8.57 billion in 2025 to $9.4 billion in 2026, at a compound annual growth rate (CAGR) of 9.7%, indicating sustained market strength.
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Stock Movement Drivers
Fundamental Drivers
The 8.5% change in SND stock from 6/30/2026 to 10/6/2026 was primarily driven by a 125.1% change in the company's P/E Multiple.| (LTM values as of) | 6302026 | 10062026 | Change |
|---|---|---|---|
| Stock Price ($) | 4.90 | 5.32 | 8.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 358 | 387 | 8.2% |
| Net Income Margin (%) | 6.1% | 2.7% | -55.4% |
| P/E Multiple | 8.8 | 19.9 | 125.1% |
| Shares Outstanding (Mil) | 39 | 39 | -0.2% |
| Cumulative Contribution | 8.5% |
Market Drivers
6/30/2026 to 10/6/2026| Return | Correlation | |
|---|---|---|
| SND | 8.5% | |
| Market (SPY) | 4.3% | 11.5% |
| Sector (XLE) | 20.0% | 34.4% |
Fundamental Drivers
The 8.3% change in SND stock from 3/31/2026 to 10/6/2026 was primarily driven by a 565.3% change in the company's Net Income Margin (%).| (LTM values as of) | 3312026 | 10062026 | Change |
|---|---|---|---|
| Stock Price ($) | 4.91 | 5.32 | 8.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 330 | 387 | 17.2% |
| Net Income Margin (%) | 0.4% | 2.7% | 565.3% |
| P/E Multiple | 142.1 | 19.9 | -86.0% |
| Shares Outstanding (Mil) | 39 | 39 | -0.9% |
| Cumulative Contribution | 8.3% |
Market Drivers
3/31/2026 to 10/6/2026| Return | Correlation | |
|---|---|---|
| SND | 8.3% | |
| Market (SPY) | 20.1% | -2.3% |
| Sector (XLE) | 4.8% | 41.1% |
Fundamental Drivers
The 163.2% change in SND stock from 9/30/2025 to 10/6/2026 was primarily driven by a 932.3% change in the company's Net Income Margin (%).| (LTM values as of) | 9302025 | 10062026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.02 | 5.32 | 163.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 306 | 387 | 26.5% |
| Net Income Margin (%) | 0.3% | 2.7% | 932.3% |
| P/E Multiple | 98.7 | 19.9 | -79.8% |
| Shares Outstanding (Mil) | 39 | 39 | -0.1% |
| Cumulative Contribution | 163.2% |
Market Drivers
9/30/2025 to 10/6/2026| Return | Correlation | |
|---|---|---|
| SND | 163.2% | |
| Market (SPY) | 17.9% | -0.9% |
| Sector (XLE) | 45.9% | 29.2% |
Fundamental Drivers
The 167.3% change in SND stock from 9/30/2023 to 10/6/2026 was primarily driven by a 111.3% change in the company's P/E Multiple.| (LTM values as of) | 9302023 | 10062026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.99 | 5.32 | 167.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 303 | 387 | 27.9% |
| Net Income Margin (%) | 2.6% | 2.7% | 2.3% |
| P/E Multiple | 9.4 | 19.9 | 111.3% |
| Shares Outstanding (Mil) | 38 | 39 | -3.3% |
| Cumulative Contribution | 167.3% |
Market Drivers
9/30/2023 to 10/6/2026| Return | Correlation | |
|---|---|---|
| SND | 167.3% | |
| Market (SPY) | 88.5% | 21.7% |
| Sector (XLE) | 54.1% | 38.5% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| SND Return | 3% | 1% | 8% | 22% | 90% | 39% | 263% |
| Peers Return | -17% | 81% | 16% | 39% | 27% | 70% | 416% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 14% | 107% |
Monthly Win Rates [3] | |||||||
| SND Win Rate | 42% | 50% | 42% | 50% | 67% | 60% | |
| Peers Win Rate | 46% | 65% | 54% | 44% | 60% | 80% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| SND Max Drawdown | -52% | -70% | -41% | -25% | -33% | -32% | |
| Peers Max Drawdown | -54% | -44% | -35% | -28% | -34% | -25% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: FTI, HLX, FTK, GOW, SLB.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 10/6/2026 (YTD)
How Low Can It Go
| Event | SND | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -21.8% | -18.8% |
| % Gain to Breakeven | 27.9% | 23.1% |
| Time to Breakeven | 132 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -16.5% | -7.8% |
| % Gain to Breakeven | 19.8% | 8.5% |
| Time to Breakeven | 19 days | 18 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -14.4% | -6.7% |
| % Gain to Breakeven | 16.9% | 7.1% |
| Time to Breakeven | 37 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -27.4% | -24.5% |
| % Gain to Breakeven | 37.7% | 32.4% |
| Time to Breakeven | 32 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -69.1% | -33.7% |
| % Gain to Breakeven | 223.2% | 50.9% |
| Time to Breakeven | 252 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -55.8% | -19.2% |
| % Gain to Breakeven | 126.1% | 23.8% |
| Time to Breakeven | 84 days | 105 days |
In The Past
Smart Sand's stock fell -21.8% during the 2025 US Tariff Shock. Such a loss loss requires a 27.9% gain to breakeven.
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| Event | SND | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -21.8% | -18.8% |
| % Gain to Breakeven | 27.9% | 23.1% |
| Time to Breakeven | 132 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -27.4% | -24.5% |
| % Gain to Breakeven | 37.7% | 32.4% |
| Time to Breakeven | 32 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -69.1% | -33.7% |
| % Gain to Breakeven | 223.2% | 50.9% |
| Time to Breakeven | 252 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -55.8% | -19.2% |
| % Gain to Breakeven | 126.1% | 23.8% |
| Time to Breakeven | 84 days | 105 days |
In The Past
Smart Sand's stock fell -21.8% during the 2025 US Tariff Shock. Such a loss loss requires a 27.9% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Smart Sand (SND)
Smart Sand, Inc. (SND) is an integrated supply and services company primarily focused on supporting the oil and natural gas industry. The company specializes in the excavation, processing, and sale of high-quality frac sand, also known as proppant. This specialized sand is a critical component used in hydraulic fracturing operations, where it is injected into wells to prop open fractures in rock formations, facilitating the flow of oil and natural gas.
Beyond its core frac sand offerings, Smart Sand provides essential logistics services to ensure the efficient delivery of its products. The company also offers SmartSystems, an innovative wellsite proppant storage solution designed to optimize field operations for its clients. Smart Sand's primary customers include oil and natural gas exploration and production companies, various oilfield service companies, and industrial manufacturers.
```AI Analysis | Feedback
Here are 1-2 brief analogies for Smart Sand (SND):
- They're like a specialized version of a major aggregates supplier such as Vulcan Materials, but focused solely on providing frac sand and its delivery systems for the oil and gas industry.
- Think of them as the integrated supply chain for specialized industrial sand, similar to how companies like Air Products and Chemicals manage the supply and delivery of crucial industrial gases and chemicals.
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- Frac Sand (Proppant): Smart Sand excavates, processes, and sells specialized sand used as proppant in hydraulic fracturing operations.
- Logistics Services: The company provides services related to the transportation and delivery of its frac sand products.
- SmartSystems: This is a wellsite proppant storage solution offered by Smart Sand to its customers.
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Smart Sand (SND) sells its products primarily to other companies. While specific major customer names are not publicly identified in the provided information or typically disclosed by the company in its general descriptions (unless a single customer constitutes a significant portion of revenue), Smart Sand has indicated that it sells its products primarily to the following categories of customers:
- Oil and natural gas exploration and production companies
- Oilfield service companies
- Industrial manufacturers
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- Canadian National Railway Company (CNI)
- Union Pacific Corporation (UNP)
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Charles E. Young, Chief Executive Officer
Charles E. Young was named Chief Executive Officer in July 2014 and has served as a director since September 2011. He founded Smart Sand, LLC, the predecessor to Smart Sand, Inc., and served as its President from November 2009 to August 2011. Mr. Young also founded and served as President of Premier Building Systems, a construction, solar, geothermal, and energy audit company, from 2006 to 2011. Smart Sand, Inc. received early backing from Clearlake Capital prior to its initial public offering.
Lee E. Beckelman, Chief Financial Officer
Lee E. Beckelman has served as Chief Financial Officer since August 2014. Previously, he served as Executive Vice President and Chief Financial Officer of Price Gregory Services, Inc., a crude oil and natural gas pipeline construction firm, until its sale to Quanta Services. From December 2009 to February 2014, he was the Executive Vice President and Chief Financial Officer of Hilcorp Energy Company, a private oil and gas exploration and production company. Prior to that, Mr. Beckelman held various finance roles at Hanover Compressor Company (which later merged to form Exterran Holdings) from 2002 to 2007.
William John Young, Chief Operating Officer
William John Young serves as the Chief Operating Officer of Smart Sand, Inc. He previously held the position of Executive Vice President of Sales and Logistics for the company.
James D. Young, Executive Vice President, General Counsel and Secretary
James D. Young holds the roles of Executive Vice President, General Counsel, and Secretary for Smart Sand, Inc.
Ronald P. Whelan, Executive Vice President of Last Mile Solutions
Ronald P. Whelan is the Executive Vice President of Last Mile Solutions at Smart Sand, Inc. He was previously listed as Executive Vice President of Sales.
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The key risks to Smart Sand's business, an integrated frac sand supply and services company, are primarily driven by its close ties to the volatile oil and gas industry and the competitive dynamics within the frac sand market.
- Reliance on the Volatile Oil and Gas Industry: Smart Sand's business is heavily dependent on the activity levels and financial health of the oil and natural gas industry, particularly the demand for frac sand in hydraulic fracturing operations. Any slowdown in drilling activity, fluctuations in commodity prices, or shifts in exploration and production strategies by oil and gas companies can directly and significantly impact the demand for Smart Sand's products and services.
- Intense Competition and Pricing Pressure from Regional Sand: The frac sand industry is highly competitive. Smart Sand faces significant pricing pressure and competition, particularly from the emergence of regional sand suppliers. Regional sand, found closer to oil and gas basins, can be a cheaper alternative to Smart Sand's "Northern White Sand" due to lower transportation costs, which can erode Smart Sand's market share and profitability.
- Operational Challenges and Rising Costs: Smart Sand is exposed to various operational risks that can impact its profitability and efficiency. These include rising costs associated with logistics, mining, and energy consumption. Furthermore, transportation disruptions, such as those caused by weather events or issues with railway infrastructure, can create bottlenecks in the supply chain, increase delivery costs, and negatively affect the company's ability to consistently supply customers. The industry also faces regulatory and health concerns related to silica dust exposure, which can lead to increased operational costs and potential liabilities.
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Smart Sand, Inc. operates within the frac sand and oil and gas logistics markets, primarily serving the United States. The addressable market sizes for its main products and services are as follows:
Frac Sand (Proppant)
The North America frac sand market was valued at approximately USD 1.699 billion in 2024 and is anticipated to reach USD 1.811 billion in 2025. This market is projected to grow to USD 3.012 billion by 2033, exhibiting a Compound Annual Growth Rate (CAGR) of 6.57% from 2025 to 2033. The United States is a significant contributor to this market, holding an expected share of 85.4% in 2024. Another report states the North America frac sand market was valued at USD 2 billion in 2023.
More broadly, the U.S. proppants market, which includes frac sand, was valued at USD 3.47 billion in 2024 and is projected to reach approximately USD 7.80 billion by 2034, with a CAGR of 8.44% from 2025 to 2034. North America's proppants market as a whole was valued at USD 4.96 billion in 2024. Frac sand held the largest share by type in the global proppants market in 2024.
Logistics Services
The global oil and gas logistics market was valued at USD 1.38 billion in 2024 and is expected to grow at a CAGR of 6.7% from 2025 to 2032, reaching nearly USD 2.33 billion. North America is expected to grow at a CAGR of 7.4% within this market during the forecast period.
A more specific market, the retail oil and gas logistics market, was estimated at USD 24.22 billion in 2025 and is expected to reach USD 29.88 billion by 2030, growing at a CAGR of 4.29% during the forecast period of 2025-2030. Transportation accounted for 53% of the revenue in this market in 2024. The midstream sector of the U.S. oil and gas market, which encompasses logistics, is anticipated to grow at a CAGR of 6.8% from 2025 to 2033.
SmartSystems (Wellsite Proppant Storage Solution)
A specific addressable market size for wellsite proppant storage solutions, such as SmartSystems, is not readily available in the provided information.
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Smart Sand, Inc. (NASDAQ: SND) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:
- Increased Sales Volumes in Core and New Markets: Smart Sand anticipates higher sales volumes stemming from strong market activity and customer demand in its primary operating regions, such as the Bakken and Marcellus formations. The company also projects increased sales volumes into new geographic markets, including the Utica formation in the United States and Canada.
- Growth in Industrial Products Solutions (IPS) Business: Smart Sand is focusing on expanding its Industrial Products Solutions segment. This diversification beyond frac sand, into various industrial markets like glass, foundry, building products, and filtration, is expected to contribute significantly to future revenue, as evidenced by record-breaking quarters in this segment.
- Higher Average Selling Prices: Improvements in the average selling prices of its sand products have historically contributed to revenue growth and are expected to continue to be a factor when market conditions allow.
- Increased Utilization of SmartSystems and Logistics Services: The company's integrated logistics services, including its SmartSystems wellsite proppant storage solutions and in-basin transloading terminals, enhance its value proposition to customers. Increased utilization of these services is a driver for improved revenues and operational efficiency.
- Strategic Investments in Infrastructure and Technology: Smart Sand plans to increase capital expenditures to support mining expansion and terminal investments, particularly to bolster future sales growth and market presence in key basins like the Utica Shale, while also focusing on continuous improvement in efficiency and technology adoption.
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Share Repurchases
- In 2025, Smart Sand repurchased $2.1 million in ordinary shares. The company collectively returned approximately $8 million to shareholders in 2025 through dividends and stock buybacks.
- An eighteen-month share repurchase program, authorizing up to $10.0 million in ordinary share repurchases, was approved on October 3, 2024, with $7.9 million remaining as of September 30, 2025.
- A new two-year share repurchase program, effective April 4, 2026, was approved on February 23, 2026, authorizing the repurchase of up to $20.0 million of the company's common stock.
Inbound Investments
- Smart Sand secured a new $30 million asset-based credit facility on October 3, 2024, which provides non-amortizing revolving loans to enhance financial flexibility and support operational needs.
Capital Expenditures
- Capital expenditures for the full year 2025 amounted to $11.6 million.
- For 2026, Smart Sand anticipates capital expenditures to be in the range of $15.0 million to $20.0 million.
- Approximately $12.0 million of the 2026 budgeted capital expenditures are designated for mining expansion and potential terminal investments to support future sales growth.
Peer Outperformance in Oil & Gas Equipment & Services
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| SND | Smart Sand | 9.2% | 19.9x | 157.2% | 202.5% | 139.5% | — |
| EFXT | Enerflex | 9.3% | 56.1x | 114.7% | 486.0% | 536.6% | +397pp |
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Oil & Gas Refining & Marketing | 11 | 126.9% | 148.3% | 380.5% | MPC 661% · VLO 545% · PBF 545% |
| Integrated Oil & Gas | 7 | 38.5% | 69.4% | 223.1% | IMO 315% · SU 279% · CVE 226% |
| Oil & Gas Storage & Transportation | 18 | 26.4% | 127.3% | 180.7% | INSW 1016% · LPG 867% · TRGP 507% |
| Oil & Gas Equipment & Services ← | 34 | 34.4% | 24.6% | 86.5% | SEI 1041% · FTI 816% · TDW 544% |
| Coal & Consumable Fuels | 14 | -17.8% | 23.9% | 80.0% | EU 1043% · CCJ 321% · LEU 287% |
| Oil & Gas Drilling | 7 | 57.4% | 5.9% | 57.7% | VAL 131% · PDS 96% · NE 77% |
| Oil & Gas Exploration & Production | 51 | 19.0% | 10.0% | 47.7% | KGEI 9239% · OBE 6415% · EP 2683% |
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Smart Sand Earnings Notes | 12/16/2025 | |
| Smart Sand Stock Surges 65%, With A 10-Day Winning Spree | 12/09/2025 |
| Title | |
|---|---|
| ARTICLES |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 27.28 |
| Mkt Cap | 1.6 |
| Rev LTM | 1,303 |
| Op Inc LTM | 100 |
| FCF LTM | 235 |
| FCF 3Y Avg | 168 |
| CFO LTM | 253 |
| CFO 3Y Avg | 188 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 9.9% |
| Rev Chg 3Y Avg | 9.2% |
| Rev Chg Q | 20.8% |
| QoQ Delta Rev Chg LTM | 4.2% |
| Op Inc Chg LTM | 33.3% |
| Op Inc Chg 3Y Avg | 47.2% |
| Op Mgn LTM | 13.1% |
| Op Mgn 3Y Avg | 9.1% |
| QoQ Delta Op Mgn LTM | 1.1% |
| CFO/Rev LTM | 17.8% |
| CFO/Rev 3Y Avg | 14.4% |
| FCF/Rev LTM | 12.5% |
| FCF/Rev 3Y Avg | 12.7% |
Price Behavior
| Market Price | $5.32 | |
| Market Cap ($ Bil) | 0.2 | |
| First Trading Date | 11/04/2016 | |
| Distance from 52W High | -6.6% | |
| 50 Days | 200 Days | |
| DMA Price | $4.95 | $4.66 |
| DMA Trend | up | up |
| Distance from DMA | 7.4% | 14.1% |
| 3M | 1YR | |
| Volatility | 51.8% | 69.2% |
| Downside Capture | 32.76 | -35.79 |
| Upside Capture | 93.37 | 79.51 |
| Correlation (SPY) | 12.2% | -0.5% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.86 | 1.04 | 0.50 | -0.13 | -0.05 | 0.79 |
| Up Beta | -0.94 | 0.06 | 1.06 | -1.08 | -0.21 | 0.82 |
| Down Beta | -1.17 | -0.14 | -1.28 | -0.06 | -0.72 | 1.08 |
| Up Capture | 126% | 206% | 73% | 15% | 70% | 42% |
| Bmk +ve Days | 6 | 16 | 27 | 66 | 132 | 424 |
| Stock +ve Days | 13 | 27 | 37 | 70 | 143 | 385 |
| Down Capture | 131% | 61% | 59% | 17% | -60% | 73% |
| Bmk -ve Days | 16 | 26 | 37 | 60 | 120 | 328 |
| Stock -ve Days | 9 | 14 | 25 | 53 | 102 | 320 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SND | |
|---|---|---|---|---|
| SND | 165.4% | 69.1% | 1.70 | - |
| Sector ETF (XLE) | 46.8% | 21.9% | 1.66 | 29.1% |
| Equity (SPY) | 17.5% | 13.0% | 0.96 | -0.8% |
| Gold (GLD) | 6.9% | 29.6% | 0.23 | 6.6% |
| Commodities (DBC) | 46.1% | 20.8% | 1.71 | 15.9% |
| Real Estate (VNQ) | 2.1% | 13.7% | -0.10 | -9.3% |
| Bitcoin (BTCUSD) | -29.8% | 44.3% | -0.67 | -3.0% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SND | |
|---|---|---|---|---|
| SND | 20.9% | 62.3% | 0.56 | - |
| Sector ETF (XLE) | 23.4% | 25.5% | 0.80 | 48.2% |
| Equity (SPY) | 13.9% | 17.1% | 0.62 | 23.6% |
| Gold (GLD) | 18.7% | 18.9% | 0.80 | 11.3% |
| Commodities (DBC) | 10.3% | 19.5% | 0.40 | 34.8% |
| Real Estate (VNQ) | 1.2% | 18.8% | -0.04 | 17.6% |
| Bitcoin (BTCUSD) | 16.0% | 52.2% | 0.47 | 7.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with SND | |
|---|---|---|---|---|
| SND | -5.6% | 71.8% | 0.24 | - |
| Sector ETF (XLE) | 10.9% | 29.6% | 0.40 | 47.7% |
| Equity (SPY) | 15.6% | 17.9% | 0.74 | 27.6% |
| Gold (GLD) | 11.6% | 16.4% | 0.58 | 6.5% |
| Commodities (DBC) | 8.3% | 18.1% | 0.37 | 33.6% |
| Real Estate (VNQ) | 4.2% | 20.7% | 0.16 | 20.6% |
| Bitcoin (BTCUSD) | 64.1% | 66.2% | 1.04 | 3.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 9/14/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/11/2026 | 6.7% | 6.9% | 11.8% |
| 5/12/2026 | -11.0% | -3.5% | 0.2% |
| 2/26/2026 | 2.2% | -19.3% | 7.7% |
| 11/12/2025 | -0.9% | 16.7% | 77.0% |
| 8/12/2025 | -1.6% | 3.7% | 1.1% |
| 5/13/2025 | -7.9% | -14.4% | -2.3% |
| 3/4/2025 | -1.9% | 4.3% | 18.5% |
| 11/12/2024 | -17.5% | -12.5% | -11.8% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 6 | 8 | 11 |
| # Negative | 16 | 14 | 11 |
| Median Positive | 6.6% | 7.2% | 11.8% |
| Median Negative | -8.8% | -13.4% | -16.3% |
| Max Positive | 7.9% | 16.7% | 77.0% |
| Max Negative | -19.8% | -34.5% | -34.2% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/11/2026 | 6.7% | 6.9% | 11.8% |
| 5/12/2026 | -11.0% | -3.5% | 0.2% |
| 2/26/2026 | 2.2% | -19.3% | 7.7% |
| 11/12/2025 | -0.9% | 16.7% | 77.0% |
| 8/12/2025 | -1.6% | 3.7% | 1.1% |
| 5/13/2025 | -7.9% | -14.4% | -2.3% |
| 3/4/2025 | -1.9% | 4.3% | 18.5% |
| 11/12/2024 | -17.5% | -12.5% | -11.8% |
| 8/13/2024 | 6.4% | 12.9% | 7.5% |
| 5/13/2024 | -4.3% | -2.6% | -10.0% |
| 3/11/2024 | -4.0% | -7.4% | 4.9% |
| 8/8/2023 | 7.9% | 12.4% | 20.8% |
| 5/9/2023 | -11.1% | -21.1% | -16.3% |
| 11/8/2022 | -12.3% | -18.1% | -34.2% |
| 8/9/2022 | -16.9% | -23.2% | -33.9% |
| 5/11/2022 | -9.7% | -5.1% | -16.6% |
| 3/8/2022 | -19.8% | -34.5% | -8.4% |
| 11/9/2021 | -6.1% | -8.7% | -20.0% |
| 8/4/2021 | 5.0% | 7.5% | -0.4% |
| 5/4/2021 | -3.3% | -4.2% | 14.1% |
| 3/2/2021 | -18.3% | -21.3% | -30.9% |
| 11/9/2020 | 6.9% | 2.8% | 36.8% |
| SUMMARY STATS | |||
| # Positive | 6 | 8 | 11 |
| # Negative | 16 | 14 | 11 |
| Median Positive | 6.6% | 7.2% | 11.8% |
| Median Negative | -8.8% | -13.4% | -16.3% |
| Max Positive | 7.9% | 16.7% | 77.0% |
| Max Negative | -19.8% | -34.5% | -34.2% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/11/2026 | 10-Q |
| 03/31/2026 | 05/12/2026 | 10-Q |
| 12/31/2025 | 02/26/2026 | 10-K |
| 09/30/2025 | 11/12/2025 | 10-Q |
| 06/30/2025 | 08/12/2025 | 10-Q |
| 03/31/2025 | 05/13/2025 | 10-Q |
| 12/31/2024 | 03/04/2025 | 10-K |
| 09/30/2024 | 11/12/2024 | 10-Q |
| 06/30/2024 | 08/13/2024 | 10-Q |
| 03/31/2024 | 05/13/2024 | 10-Q |
| 12/31/2023 | 03/11/2024 | 10-K |
| 09/30/2023 | 11/07/2023 | 10-Q |
| 06/30/2023 | 08/08/2023 | 10-Q |
| 03/31/2023 | 05/09/2023 | 10-Q |
| 12/31/2022 | 02/28/2023 | 10-K |
| 09/30/2022 | 11/08/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/11/2026 | 10-Q |
| 03/31/2026 | 05/12/2026 | 10-Q |
| 12/31/2025 | 02/26/2026 | 10-K |
| 09/30/2025 | 11/12/2025 | 10-Q |
| 06/30/2025 | 08/12/2025 | 10-Q |
| 03/31/2025 | 05/13/2025 | 10-Q |
| 12/31/2024 | 03/04/2025 | 10-K |
| 09/30/2024 | 11/12/2024 | 10-Q |
| 06/30/2024 | 08/13/2024 | 10-Q |
| 03/31/2024 | 05/13/2024 | 10-Q |
| 12/31/2023 | 03/11/2024 | 10-K |
| 09/30/2023 | 11/07/2023 | 10-Q |
| 06/30/2023 | 08/08/2023 | 10-Q |
| 03/31/2023 | 05/09/2023 | 10-Q |
| 12/31/2022 | 02/28/2023 | 10-K |
| 09/30/2022 | 11/08/2022 | 10-Q |
| 06/30/2022 | 08/09/2022 | 10-Q |
| 03/31/2022 | 05/11/2022 | 10-Q |
| 12/31/2021 | 03/08/2022 | 10-K |
| 09/30/2021 | 11/09/2021 | 10-Q |
| 06/30/2021 | 08/04/2021 | 10-Q |
| 03/31/2021 | 05/04/2021 | 10-Q |
| 12/31/2020 | 03/03/2021 | 10-K |
| 09/30/2020 | 11/09/2020 | 10-Q |
| 06/30/2020 | 08/05/2020 | 10-Q |
| 03/31/2020 | 05/06/2020 | 10-Q |
| 12/31/2019 | 02/26/2020 | 10-K |
| 09/30/2019 | 11/06/2019 | 10-Q |
Recent Forward Guidance
Updated 10/4/2026Latest: Q2 2026 Earnings Reported 8/11/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Sales Volume Growth | Reported | 10.0% | 15.0% | 20.0% | 7.5% | Raised | Guidance: 7.5% for 2026 | |
| 2026 Capital Expenditures | Reported | 15.00 Mil | 17.50 Mil | 20.00 Mil | 0 | Affirmed | Guidance: 17.50 Mil for 2026 | |
Prior: Q1 2026 Earnings Reported 5/12/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Sales Volume Growth | Reported | 5.0% | 7.5% | 10.0% | 0 | Affirmed | Guidance: 7.5% for 2026 | |
| 2026 Capital Expenditures | Reported | 15.00 Mil | 17.50 Mil | 20.00 Mil | 0 | Affirmed | Guidance: 17.50 Mil for 2026 | |
Q4 2025 Earnings Reported 2/26/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Sales Volumes Growth | Reported | 5.0% | 7.5% | 10.0% | ||||
| 2026 Capital Expenditures | Reported | 15.00 Mil | 17.50 Mil | 20.00 Mil | 9.4% | Higher New | Guidance: 16.00 Mil for 2025 | |
Q3 2025 Earnings Reported 11/12/2025
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2025 Sales Volumes | Reported | 5.10 Mil | 5.25 Mil | 5.40 Mil | ||||
| 2025 Capital Expenditures | Reported | 15.00 Mil | 16.00 Mil | 17.00 Mil | 6.7% | Raised | Guidance: 15.00 Mil for 2025 | |
Insider Activity
Updated 8/24/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Young, James Douglas | SEE REMARKS | Direct | Sell | 8242026 | 4.70 | 2,236 | 10,509 | 1,695,859 | Form |
| 2 | Young, James Douglas | SEE REMARKS | Direct | Sell | 8242026 | 4.83 | 19,078 | 92,147 | 1,753,565 | Form |
| 3 | Young, James Douglas | SEE REMARKS | Direct | Sell | 8242026 | 4.83 | 25,716 | 124,208 | 1,845,712 | Form |
| 4 | Young, James Douglas | SEE REMARKS | Direct | Sell | 8192026 | 4.84 | 11,669 | 56,478 | 1,669,597 | Form |
| 5 | Beckelman, Lee E | Chief Financial Officer | Direct | Sell | 8192026 | 4.79 | 50,000 | 239,500 | 3,457,638 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Young, James Douglas | SEE REMARKS | Direct | Sell | 8242026 | 4.70 | 2,236 | 10,509 | 1,695,859 | Form |
| 2 | Young, James Douglas | SEE REMARKS | Direct | Sell | 8242026 | 4.83 | 19,078 | 92,147 | 1,753,565 | Form |
| 3 | Young, James Douglas | SEE REMARKS | Direct | Sell | 8242026 | 4.83 | 25,716 | 124,208 | 1,845,712 | Form |
| 4 | Young, James Douglas | SEE REMARKS | Direct | Sell | 8192026 | 4.84 | 11,669 | 56,478 | 1,669,597 | Form |
| 5 | Beckelman, Lee E | Chief Financial Officer | Direct | Sell | 8192026 | 4.79 | 50,000 | 239,500 | 3,457,638 | Form |
| 6 | Young, James Douglas | SEE REMARKS | Direct | Sell | 8192026 | 4.93 | 16,301 | 80,364 | 1,758,171 | Form |
| 7 | Spurlin, Sharon | Direct | Sell | 8172026 | 5.10 | 2,700 | 13,770 | 878,531 | Form | |
| 8 | Spurlin, Sharon | Direct | Sell | 8172026 | 5.06 | 15,000 | 75,900 | 885,303 | Form | |
| 9 | Green, Christopher M | Vice President of Accounting | Direct | Sell | 8172026 | 5.06 | 13,874 | 70,202 | 173,523 | Form |
| 10 | Whelan, Ronald P | SEE REMARKS | Direct | Buy | 6012026 | 4.50 | 4,444 | 19,998 | 2,128,234 | Form |
| 11 | Spurlin, Sharon | Direct | Sell | 5282026 | 4.93 | 50,000 | 246,500 | 936,508 | Form | |
| 12 | Porcelli, Francis Michael | Direct | Sell | 3102026 | 3.87 | 75,000 | 290,250 | 2,879,512 | Form | |
| 13 | Porcelli, Francis Michael | Direct | Sell | 3102026 | 3.78 | 50,000 | 189,000 | 3,096,047 | Form | |
| 14 | Porcelli, Francis Michael | Direct | Sell | 3052026 | 4.02 | 150,000 | 603,000 | 3,493,621 | Form | |
| 15 | Porcelli, Francis Michael | Direct | Sell | 3052026 | 4.03 | 100,000 | 403,000 | 4,106,812 | Form | |
| 16 | Whelan, Ronald P | SEE REMARKS | Direct | Buy | 12012025 | 2.91 | 4,325 | 12,586 | 1,330,644 | Form |
| 17 | Whelan, Ronald P | SEE REMARKS | Direct | Buy | 12012025 | 2.94 | 3,333 | 9,799 | 1,331,647 | Form |
| 18 | Young, Charles Edwin | CEO | Direct | Buy | 9052025 | 1.91 | 20,000 | 38,200 | 2,822,269 | Form |
| 19 | Young, Charles Edwin | CEO | Direct | Buy | 9052025 | 1.92 | 8,401 | 16,130 | 2,798,646 | Form |
| 20 | Young, Charles Edwin | CEO | Direct | Buy | 9052025 | 1.89 | 10,630 | 20,091 | 2,739,039 | Form |
| 21 | Green, Christopher M | Vice President of Accounting | Direct | Sell | 9022025 | 1.95 | 11,500 | 22,425 | 105,220 | Form |
| 22 | Young, Charles Edwin | CEO | Direct | Buy | 8192025 | 1.96 | 8,910 | 17,464 | 2,819,650 | Form |
| 23 | Young, Charles Edwin | CEO | Direct | Buy | 8192025 | 1.87 | 11,498 | 21,501 | 2,673,515 | Form |
| 24 | Young, Charles Edwin | CEO | Direct | Buy | 8192025 | 1.92 | 29,592 | 56,817 | 2,722,923 | Form |
Industry Resources
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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