Weekly Investment Analysts’ Ratings Updates for U.S. Silica Holdings (SLCA)

A number of research firms have changed their ratings and price targets for U.S. Silica Holdings (NYSE: SLCA):

  • 8/3/2017 – U.S. Silica Holdings was given a new $41.00 price target on by analysts at Credit Suisse Group. They now have a “buy” rating on the stock.
  • 8/2/2017 – U.S. Silica Holdings had its price target lowered by analysts at Cowen and Company from $60.00 to $40.00. They now have an “outperform” rating on the stock.
  • 8/2/2017 – U.S. Silica Holdings had its “equal weight” rating reaffirmed by analysts at Barclays PLC. They now have a $45.00 price target on the stock.
  • 8/2/2017 – U.S. Silica Holdings had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $45.00 price target on the stock, down previously from $65.00.
  • 7/31/2017 – U.S. Silica Holdings was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 7/27/2017 – U.S. Silica Holdings was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $30.00 price target on the stock. According to Zacks, “U.S. Silica is focusing on preserving capital, improving customer satisfaction and boosting its market position. It also remains focused on making strategic investments and pursuing earnings-accretive acquisitions leveraging its strong balance sheet. It should also gain from operational improvement and cost reduction actions.”
  • 7/25/2017 – U.S. Silica Holdings was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 7/20/2017 – U.S. Silica Holdings had its “outperform” rating reaffirmed by analysts at Credit Suisse Group. They now have a $42.00 price target on the stock, down previously from $65.00.
  • 7/19/2017 – U.S. Silica Holdings was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 7/17/2017 – U.S. Silica Holdings was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “U.S. Silica is exposed to headwinds from the low oil price environment. Potential cut back of activities by U.S. shale drillers to reduce the glut in the market may lead to lower demand for frac sand. Capacity constraints are also expected to limit volume expansion in the second half of 2017. The sand proppant industry is also expected to face capacity shortage.  The company’s stretched valuation is another concern. U.S. Silica has also underperformed the Zacks categorized Mining-Miscellaneous industry over a year.”
  • 7/6/2017 – U.S. Silica Holdings had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $65.00 price target on the stock.
  • 7/1/2017 – U.S. Silica Holdings was given a new $60.00 price target on by analysts at Royal Bank Of Canada. They now have a “buy” rating on the stock.
  • 6/30/2017 – U.S. Silica Holdings was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 6/22/2017 – U.S. Silica Holdings was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 6/21/2017 – U.S. Silica Holdings had its “outperform” rating reaffirmed by analysts at Cowen and Company. They now have a $70.00 price target on the stock.
  • 6/21/2017 – U.S. Silica Holdings had its price target lowered by analysts at Morgan Stanley from $76.00 to $55.00. They now have an “overweight” rating on the stock.
  • 6/15/2017 – U.S. Silica Holdings is now covered by analysts at Janney Montgomery Scott. They set a “buy” rating and a $51.00 price target on the stock.
  • 6/13/2017 – U.S. Silica Holdings was given a new $63.00 price target on by analysts at Scotiabank. They now have a “buy” rating on the stock.

U.S. Silica Holdings, Inc. (SLCA) opened at 25.91 on Thursday. The company has a 50-day moving average of $31.17 and a 200-day moving average of $42.28. U.S. Silica Holdings, Inc. has a 1-year low of $24.99 and a 1-year high of $61.49. The firm has a market cap of $2.10 billion, a price-to-earnings ratio of 148.06 and a beta of 2.33.

U.S. Silica Holdings (NYSE:SLCA) last posted its quarterly earnings results on Monday, July 31st. The mining company reported $0.38 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.37 by $0.01. The business had revenue of $290.50 million during the quarter, compared to the consensus estimate of $316.43 million. U.S. Silica Holdings had a net margin of 1.60% and a return on equity of 1.92%. U.S. Silica Holdings’s revenue for the quarter was up 148.3% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.17) earnings per share. Analysts predict that U.S. Silica Holdings, Inc. will post $1.53 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 3rd. Investors of record on Friday, September 15th will be paid a dividend of $0.063 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.97%. This is an increase from U.S. Silica Holdings’s previous quarterly dividend of $0.06. The ex-dividend date is Thursday, September 14th. U.S. Silica Holdings’s payout ratio is 192.31%.

U.S. Silica Holdings, Inc is a domestic producer of commercial silica, a specialized mineral that is an input into a range of end markets. The Company operates in two segments: Oil & Gas Proppants, and Industrial & Specialty Products. In the Oil & Gas Proppants segment, it serves the oil and gas recovery market providing fracturing sand, or frac sand, which is pumped down oil and natural gas wells to prop open rock fissures and manage the flow rate of natural gas and oil from the wells.

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