Home Sectors Energy Stock Under Review: Carbo Ceramics (NYSE: CRR)

Stock Under Review: Carbo Ceramics (NYSE: CRR)


Carbo Ceramics is in the oil and gas services industry and trades as part of the energy sector. The company CEO is Gary A. Kolstad. Carbo Ceramics Inc is engaged in the supply of ceramic proppant. It provides fracture simulation software, fracture design, engineering and consulting services and a broad range of technologies for spill prevention, containment and countermeasures.

Previous Intraday Trading Performance:

The CRR stock showed a previous change of 2.90% with an open at 3.84 and a close of 3.91. It reached an intraday high of 4.01 and a low of 3.81.

SeekingAlpha:  CARBO Ceramics (CRR) CEO Gary Kolstad on Q4 2018 Results – Earnings Call Transcript


The stock has a market cap of $109.8m with 28.1m shares outstanding, of which the float is 23.2m shares. Trading volume reached 441,151 shares compared to its average volume of 283,383 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Carbo Ceramics shares returned 5.39% and in the past 30 trading days it returned -9.49%. Over three months, it changed -0.76%. In one year it has changed -46.07% and within that year its 52-week high was 11.86 and its 52-week low was 2.84. CRR stock is 37.68% above its 52 Week Low.

Our calculations show a 200 day moving average of 6.59 and a 50 day moving average of 4.26. Currently CRR stock is trading -40.64% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  More on CARBO Ceramics Q4 earnings


The last annual fiscal EPS for the company was reported at -2.68 that ended on 31st of December 2018. Based on 3 analyst estimates, the consensus EPS for the next quarter is -0.50. The TTM EPS is -2.68, which comes to a TTM PE of -1.46.

The following are the last four quarter reported earnings per share:
12-31-2018:  -0.68
09-30-2018:  -0.62
06-30-2018:  -0.55
03-31-2018:  -0.83

Base on our calculations, the intrinsic value per share is 0.52, which means it may be overvalued by -652.83%

Indicators to Watch:

Based on the latest filings, there is 126.50% of institutional ownership. Short-interest is 8,121,922, which is 28.91% of shares outstanding. The short-interest ratio or days-to-cover ratio is 28.27. This stock has a high level of short interest and may fall in value in the near term.

The current calculated beta is 1.79

SeekingAlpha:  CARBO Ceramics misses by $0.25, beats on revenue

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is -20.82%, return on assets is -15.21%, profit margin is -35.99%, price-to-sales is 0.51 and price-to-book is 0.32.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 0  :Past Performance Score
 5  :Financial Strength Score
 1  :Future Growth Score
 0  :Dividend Score
 1  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.