U.S. Silica Holdings Inc (SLCA) Given Consensus Rating of “Hold” by Analysts

Shares of U.S. Silica Holdings Inc (NYSE:SLCA) have received a consensus rating of “Hold” from the twenty-four research firms that are currently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eleven have assigned a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $25.16.

Several research analysts have recently weighed in on SLCA shares. Bank of America set a $15.00 price objective on U.S. Silica and gave the stock a “sell” rating in a research report on Wednesday, February 20th. Piper Jaffray Companies lifted their price objective on U.S. Silica to $17.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 20th. TheStreet lowered U.S. Silica from a “c” rating to a “d+” rating in a research report on Monday, March 4th. Zacks Investment Research raised U.S. Silica from a “sell” rating to a “hold” rating in a research report on Monday, December 31st. Finally, OTR Global lowered U.S. Silica from a “positive” rating to a “negative” rating in a research report on Friday, December 21st.

SLCA stock opened at $15.54 on Friday. U.S. Silica has a 1-year low of $9.30 and a 1-year high of $34.34. The company has a debt-to-equity ratio of 1.25, a current ratio of 2.30 and a quick ratio of 1.68. The stock has a market capitalization of $1.14 billion, a PE ratio of 9.84 and a beta of 2.39.

U.S. Silica (NYSE:SLCA) last posted its quarterly earnings data on Tuesday, February 19th. The mining company reported ($0.04) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.08) by $0.04. U.S. Silica had a positive return on equity of 12.55% and a negative net margin of 12.73%. The firm had revenue of $357.38 million during the quarter, compared to analyst estimates of $372.00 million. During the same period last year, the company posted $0.52 EPS. The business’s quarterly revenue was down 15.5% on a year-over-year basis. Analysts expect that U.S. Silica will post -0.06 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 4th. Investors of record on Thursday, March 14th will be given a $0.063 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 1.62%. This is a positive change from U.S. Silica’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend is Wednesday, March 13th. U.S. Silica’s payout ratio is presently 15.82%.

A number of institutional investors have recently modified their holdings of the stock. BlackRock Inc. boosted its stake in U.S. Silica by 10.0% during the 4th quarter. BlackRock Inc. now owns 11,476,669 shares of the mining company’s stock valued at $116,833,000 after purchasing an additional 1,045,341 shares during the last quarter. Vanguard Group Inc. boosted its stake in U.S. Silica by 0.8% during the 3rd quarter. Vanguard Group Inc. now owns 7,766,986 shares of the mining company’s stock valued at $146,252,000 after purchasing an additional 65,064 shares during the last quarter. Vanguard Group Inc boosted its stake in U.S. Silica by 0.8% during the 3rd quarter. Vanguard Group Inc now owns 7,766,986 shares of the mining company’s stock valued at $146,252,000 after purchasing an additional 65,064 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in U.S. Silica by 17.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,616,371 shares of the mining company’s stock valued at $46,997,000 after purchasing an additional 699,673 shares during the last quarter. Finally, Van Berkom & Associates Inc. boosted its stake in U.S. Silica by 33.4% during the 3rd quarter. Van Berkom & Associates Inc. now owns 3,592,753 shares of the mining company’s stock valued at $67,652,000 after purchasing an additional 898,905 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.

Read More: Backdoor Roth IRA Conversion and Strategy

Analyst Recommendations for U.S. Silica (NYSE:SLCA)

Receive News & Ratings for U.S. Silica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for U.S. Silica and related companies with MarketBeat.com's FREE daily email newsletter.