The U.S. Silica Holdings Inc. (NYSE:SLCA) is going up by 1.29% in today’s trading session, a rise equivalent to 0.09% of the stock’s price from yesterday’s market close. A news came out on 10/02/19 stating that U.S. Silica Announces Timing of Earnings Release and Investor Call by WSJ. The lowest point that the shares touched during the trading session was $6.98, while the peak of the day was recorded at a share price of $7.36. SLCA finished the previous session at $6.99 according to the data provided by Barchart, while the trading volume was observed to be $862070.
In the 100 days of trading, SLCA managed to top a 10.87% Moving average. Additionally, U.S. Silica Holdings Inc. shares have achieved a 52-week range between 6.98 and 18.72 alongside 100 days raw stochastic set at 2.71%.
The number of shares outstanding, according to the fundamentals of the company, is set at 75.89M, equal to the value of $530.47M in market capitalization. In the last 30 days, U.S. Silica Holdings Inc. shares went down by -39.24%, adding 11.71 to growth in value, on top of a +3.12% boost since 09/20/19.
U.S. Silica Holdings Inc. (NYSE:SLCA) Analyst’s Estimates
U.S. Silica Holdings Inc. (SLCA) could record at least -$0.03 per share in quarterly earnings in the upcoming report on 10/29/2019, a number that would actually represent a decrease of -0.32 YOY.
According to the average analyst rating, U.S. Silica Holdings Inc. would be rated as Hold. Out of 16 different analysts monitoring SLCA stock, 5 analysts rate the stock as a BUY, 8 suggest to give the rating of HOLD, 1 indicate that SLCA is an OVERWEIGHT, 1 rated the stock as a SELL, and 1 analyst believes that the stock should be rated as UNDERWEIGHT.
On October 01, 2019, the stock earned a Downgrade rating due to a new analyst call from Cowen, while analysts from R. F. Lafferty believe that the stock is set at Hold from Buy, as concluded on September 10, 2019. Cowen, is still rather wary about the stock, deciding to keep the rating at Outperform as confirmed through a call on May 02, 2019.
Regardless of the rating, Cowen did increase their price from $17 to $23 as they are considering target share price analysis. Barclays, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on January 15, 2019, giving the stock a Equal Weight from the Overweight rating.
SLCA Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +16.82% has been attained, while the operating margin has been recorded at +8.41%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at -7.43%. Beta value of the stock is recorded at 2.63. Additionally, U.S. Silica Holdings Inc. is recording price volatility of 5.31% for the period of the last seven days and 6.12% in the last 30 days.
U.S. Silica Holdings Inc. (NYSE:SLCA) Technical Outlook
For the period of the last 50 days, U.S. Silica Holdings Inc. had its Raw Stochastic average set at 3.30% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 4.73%. Stochastic %K for U.S. Silica Holdings Inc., with the last 20 days included, was set at 2.72%, having Stochastic %D topping 2.17%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be discouraging for U.S. Silica Holdings Inc. stocks with recording -31.34% in metrics.
U.S. Silica Holdings Inc. Insider Watch:
Similarly, 122.51% of the company’s float is held by institutions – and there are 298 institutions in total holding shares of this company. The top three institutional holders of SLCA stocks are: Ariel Investments, LLC with ownership of $153.07 million, which is approximately 11967811 of the company’s shares; Blackrock Inc., holding 10568547 shares of the stock with an approximate value of $135.17 million; and Vanguard Group, Inc. (The), currently with more than 8225903 shares of the company valued at $105.21 million. Positions in U.S. Silica Holdings Inc. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 14 insider purchases amounting to 108505 shares. Similarly, there were 1 sale transactions amounting to 6957 shares, with the net shares purchased during the last six months reaching 101,548.