In the past week, SLCA stock has gone down by -4.88%, with a monthly decline of -1.71% and a quarterly surge of 21.34%. The volatility ratio for the week is 3.78%, and the volatility levels for the last 30 days are 3.16% for U.S. Silica Holdings Inc The simple moving average for the last 20 days is -1.54% for SLCA stock, with a simple moving average of 4.67% for the last 200 days.
Is It Worth Investing in U.S. Silica Holdings Inc (NYSE: SLCA) Right Now?
U.S. Silica Holdings Inc (NYSE: SLCA) has a price-to-earnings ratio that is above its average at 6.77x. The stock has a 36-month beta value of 2.23. Opinions on the stock are mixed, with 11 analysts rating it as a “buy,” 6 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for SLCA is 75.35M, and at present, short sellers hold a 7.81% of that float. On April 19, 2024, the average trading volume of SLCA was 834.52K shares.
SLCA) stock’s latest price update
U.S. Silica Holdings Inc (NYSE: SLCA)’s stock price has plunge by 1.04relation to previous closing price of 12.55. Nevertheless, the company has seen a -4.88% plunge in its stock price over the last five trading sessions. PRNewsWire reported 2024-04-12 that KATY, Texas, April 12, 2024 /PRNewswire/ — U.S. Silica Holdings, Inc. (NYSE: SLCA) announced today that it will release its first quarter 2024 financial results before the New York Stock Exchange opens on Friday, April 26, 2024. Conference Call and Supporting Materials This release will be followed by a conference call for investors on Friday, April 26, 2024, at 7:30 a.m.
Analysts’ Opinion of SLCA
Many brokerage firms have already submitted their reports for SLCA stocks, with Barclays repeating the rating for SLCA by listing it as a “Equal Weight.” The predicted price for SLCA in the upcoming period, according to Barclays is $17 based on the research report published on April 03, 2023 of the previous year 2023.
Morgan Stanley, on the other hand, stated in their research note that they expect to see SLCA reach a price target of $15. The rating they have provided for SLCA stocks is “Equal-Weight” according to the report published on July 13th, 2022.
Evercore ISI gave a rating of “Outperform” to SLCA, setting the target price at $20 in the report published on June 14th of the previous year.
SLCA Trading at 6.46% from the 50-Day Moving Average
After a stumble in the market that brought SLCA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.39% of loss for the given period.
Volatility was left at 3.16%, however, over the last 30 days, the volatility rate increased by 3.78%, as shares sank -1.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.51% upper at present.
During the last 5 trading sessions, SLCA fell by -4.88%, which changed the moving average for the period of 200-days by +5.05% in comparison to the 20-day moving average, which settled at $12.87. In addition, U.S. Silica Holdings Inc saw 12.11% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SLCA starting from USSERY JAMES DEREK, who sale 46,433 shares at the price of $14.00 back on Apr 03 ’24. After this action, USSERY JAMES DEREK now owns 174,772 shares of U.S. Silica Holdings Inc, valued at $650,062 using the latest closing price.
Russell Stacy, the EVP General Counsel of U.S. Silica Holdings Inc, sale 20,000 shares at $12.00 during a trade that took place back on Mar 11 ’24, which means that Russell Stacy is holding 186,752 shares at $240,000 based on the most recent closing price.
Stock Fundamentals for SLCA
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.32 for the gross margin
The net margin for U.S. Silica Holdings Inc stands at 0.09. The total capital return value is set at 0.01. Equity return is now at value 19.01, with 6.46 for asset returns.
Based on U.S. Silica Holdings Inc (SLCA), the company’s capital structure generated 0.5 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at 1.01. The interest coverage ratio of the stock is 0.15.
Currently, EBITDA for the company is 412.6 million with net debt to EBITDA at 1.6. When we switch over and look at the enterprise to sales, we see a ratio of 1.07. The receivables turnover for the company is 8.35for trailing twelve months and the total asset turnover is 0.74. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.23.
Conclusion
To sum up, U.S. Silica Holdings Inc (SLCA) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
