U.S. Silica Holdings Inc (NYSE:SLCA) has earned a consensus recommendation of “Hold” from the twenty ratings firms that are presently covering the stock, Marketbeat reports. Four equities research analysts have rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $21.50.
Several equities analysts recently commented on SLCA shares. Bank of America set a $15.00 price target on shares of U.S. Silica and gave the company a “sell” rating in a research note on Thursday, May 2nd. ValuEngine upgraded shares of U.S. Silica from a “strong sell” rating to a “sell” rating in a research note on Tuesday, July 2nd. Morgan Stanley upped their price target on shares of U.S. Silica from $14.00 to $15.00 and gave the company an “underweight” rating in a research note on Friday, July 12th. Citigroup set a $14.00 price target on shares of U.S. Silica and gave the company a “hold” rating in a research note on Tuesday, July 2nd. Finally, Cowen restated an “outperform” rating and issued a $20.00 price target (down from $22.00) on shares of U.S. Silica in a research note on Thursday, May 2nd.
NYSE:SLCA opened at $12.44 on Wednesday. U.S. Silica has a one year low of $9.30 and a one year high of $23.43. The company has a market cap of $888.85 million, a P/E ratio of 26.26, a P/E/G ratio of 4.93 and a beta of 2.60. The firm’s fifty day moving average price is $12.12 and its two-hundred day moving average price is $13.67. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.79 and a quick ratio of 1.34.
U.S. Silica (NYSE:SLCA) last released its quarterly earnings data on Tuesday, July 30th. The mining company reported $0.14 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.05) by $0.19. U.S. Silica had a negative net margin of 16.92% and a positive return on equity of 6.49%. The firm had revenue of $394.85 million for the quarter, compared to the consensus estimate of $396.72 million. During the same period in the previous year, the company earned $0.64 earnings per share. The company’s quarterly revenue was down 7.6% on a year-over-year basis. As a group, equities research analysts expect that U.S. Silica will post 0.18 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 3rd. Investors of record on Friday, September 13th will be given a dividend of $0.063 per share. The ex-dividend date of this dividend is Thursday, September 12th. This represents a $0.25 annualized dividend and a yield of 2.03%. U.S. Silica’s dividend payout ratio is 15.82%.
A number of institutional investors and hedge funds have recently bought and sold shares of SLCA. Parallel Advisors LLC lifted its position in U.S. Silica by 146.2% during the first quarter. Parallel Advisors LLC now owns 1,455 shares of the mining company’s stock worth $25,000 after purchasing an additional 864 shares during the period. Nisa Investment Advisors LLC lifted its holdings in shares of U.S. Silica by 348.8% in the second quarter. Nisa Investment Advisors LLC now owns 1,930 shares of the mining company’s stock worth $25,000 after acquiring an additional 1,500 shares during the last quarter. Investors Research Corp bought a new position in shares of U.S. Silica in the first quarter worth about $26,000. Avestar Capital LLC bought a new position in shares of U.S. Silica in the first quarter worth about $27,000. Finally, Public Employees Retirement System of Ohio lifted its holdings in shares of U.S. Silica by 31.6% in the fourth quarter. Public Employees Retirement System of Ohio now owns 3,283 shares of the mining company’s stock worth $33,000 after acquiring an additional 788 shares during the last quarter.
About U.S. Silica
U.S. Silica Holdings, Inc produces and sells commercial silica in the United States. The company operates through two segments, Oil & Gas Proppants and Industrial & Specialty Products. It offers whole grain commercial silica products to be used as fracturing sand in connection with oil and natural gas recovery, as well as sells its whole grain silica products in various size distributions, grain shapes, and chemical purity levels for manufacturing glass products.
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