Analysts expect U.S. Silica Holdings Inc (NYSE:SLCA) to post ($0.08) earnings per share for the current fiscal quarter, Zacks reports. Seven analysts have issued estimates for U.S. Silica’s earnings. The highest EPS estimate is $0.13 and the lowest is ($0.20). U.S. Silica posted earnings per share of $0.51 during the same quarter last year, which would indicate a negative year-over-year growth rate of 115.7%. The company is scheduled to announce its next earnings results before the market opens on Tuesday, February 19th.
According to Zacks, analysts expect that U.S. Silica will report full-year earnings of $1.58 per share for the current fiscal year, with EPS estimates ranging from $1.50 to $1.75. For the next financial year, analysts forecast that the firm will report earnings of $0.08 per share, with EPS estimates ranging from ($1.26) to $1.13. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research firms that cover U.S. Silica.
Several equities analysts recently commented on the stock. Barclays lowered shares of U.S. Silica from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $20.00 to $15.00 in a research report on Tuesday, January 15th. Zacks Investment Research raised U.S. Silica from a “sell” rating to a “hold” rating in a research report on Monday, December 31st. Royal Bank of Canada set a $60.00 price target on U.S. Silica and gave the stock a “buy” rating in a research report on Thursday, December 20th. OTR Global downgraded U.S. Silica from a “positive” rating to a “negative” rating in a research report on Friday, December 21st. Finally, B. Riley set a $17.00 price target on U.S. Silica and gave the stock a “buy” rating in a research report on Friday, November 9th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and eleven have given a buy rating to the stock. U.S. Silica currently has an average rating of “Hold” and an average price target of $26.94.
In related news, Director William Jennings Kacal acquired 5,000 shares of the company’s stock in a transaction dated Thursday, December 13th. The shares were bought at an average price of $11.29 per share, for a total transaction of $56,450.00. Following the purchase, the director now directly owns 78,815 shares in the company, valued at approximately $889,821.35. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.40% of the company’s stock.
Several institutional investors have recently made changes to their positions in SLCA. First Mercantile Trust Co. bought a new stake in shares of U.S. Silica during the 4th quarter worth approximately $25,000. Oregon Public Employees Retirement Fund bought a new stake in shares of U.S. Silica during the 4th quarter worth approximately $29,000. FNY Investment Advisers LLC bought a new stake in U.S. Silica in the 4th quarter valued at $37,000. Gs Investments Inc. bought a new stake in U.S. Silica in the 4th quarter valued at $124,000. Finally, Gabelli Funds LLC bought a new stake in U.S. Silica in the 3rd quarter valued at $188,000.
SLCA stock traded down $0.41 on Monday, hitting $13.07. 1,362,083 shares of the company were exchanged, compared to its average volume of 1,356,249. U.S. Silica has a twelve month low of $9.30 and a twelve month high of $34.34. The company has a debt-to-equity ratio of 0.98, a quick ratio of 2.15 and a current ratio of 2.75. The firm has a market capitalization of $1.04 billion, a price-to-earnings ratio of 8.71, a price-to-earnings-growth ratio of 12.19 and a beta of 2.38.
U.S. Silica Company Profile
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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