U.S. Silica (SLCA) Earning Somewhat Positive Media Coverage, Study Shows

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Media headlines about U.S. Silica (NYSE:SLCA) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. U.S. Silica earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media coverage about the mining company an impact score of 46.3526523053166 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:

Shares of SLCA stock traded up $0.07 during trading hours on Friday, hitting $19.50. 27,097 shares of the company’s stock were exchanged, compared to its average volume of 2,441,731. The company has a debt-to-equity ratio of 0.99, a quick ratio of 2.27 and a current ratio of 2.88. The stock has a market capitalization of $1.55 billion, a PE ratio of 12.99 and a beta of 2.15. U.S. Silica has a 52 week low of $19.07 and a 52 week high of $38.70.

U.S. Silica (NYSE:SLCA) last announced its earnings results on Tuesday, July 31st. The mining company reported $0.64 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.03). The business had revenue of $427.40 million for the quarter, compared to the consensus estimate of $455.35 million. U.S. Silica had a return on equity of 13.14% and a net margin of 10.79%. U.S. Silica’s revenue for the quarter was up 47.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.38 EPS. analysts forecast that U.S. Silica will post 2.67 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 3rd. Investors of record on Friday, September 14th will be issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 1.28%. The ex-dividend date is Thursday, September 13th. U.S. Silica’s dividend payout ratio is 16.67%.

SLCA has been the subject of several recent analyst reports. ValuEngine lowered U.S. Silica from a “sell” rating to a “strong sell” rating in a research note on Saturday, June 2nd. Wells Fargo & Co lowered U.S. Silica from an “outperform” rating to a “market perform” rating and set a $32.00 price objective for the company. in a research note on Friday, June 29th. Guggenheim lowered U.S. Silica from a “buy” rating to a “neutral” rating in a research note on Friday, July 6th. Morgan Stanley lowered U.S. Silica from an “overweight” rating to an “equal weight” rating and set a $43.00 price objective for the company. in a research note on Thursday, July 12th. Finally, KeyCorp dropped their price objective on U.S. Silica from $40.00 to $35.00 and set a “buy” rating for the company in a research note on Friday, July 27th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $36.78.

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; and resin coated proppants, 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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