U.S. Silica Holdings VP Bradford Casper Sells 9,413 Shares (SLCA)
U.S. Silica Holdings (NASDAQ:SLCA) VP Bradford Casper sold 9,413 shares of the stock on the open market in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $24.98, for a total value of $235,136.74. Following the completion of the transaction, the vice president now directly owns 9,000 shares of the company’s stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at Howard Weil upgraded shares of U.S. Silica Holdings (NASDAQ:SLCA) from a “sector outperform” rating to a “focus stock” rating in a research note to investors on Wednesday, August 28th. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of U.S. Silica Holdings (NASDAQ:SLCA) in a research note to investors on Wednesday, June 26th. They now have a $27.00 price target on the stock. Finally, analysts at Wells Fargo & Co. reiterated an “outperform” rating on shares of U.S. Silica Holdings (NASDAQ:SLCA) in a research note to investors on Monday, June 17th.
Eight investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. U.S. Silica Holdings presently has an average rating of “Buy” and a consensus target price of $26.00.
Shares of U.S. Silica Holdings (NASDAQ:SLCA) traded up 1.26% on Tuesday, hitting $24.94. 660,094 shares of the company’s stock traded hands. U.S. Silica Holdings has a 52-week low of $12.37 and a 52-week high of $28.50. The stock has a 50-day moving average of $23.16 and a 200-day moving average of $22.27. The company has a market cap of $1.326 billion and a P/E ratio of 16.76.
U.S. Silica Holdings (NASDAQ:SLCA) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by $0.02. The company had revenue of $129.80 million for the quarter, compared to the consensus estimate of $133.94 million. During the same quarter in the previous year, the company posted $0.36 earnings per share. The company’s revenue for the quarter was up 24.1% on a year-over-year basis. On average, analysts predict that U.S. Silica Holdings will post $1.62 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, October 3rd. Stockholders of record on Thursday, September 19th will be paid a dividend of $0.13 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.03%. The ex-dividend date is Tuesday, September 17th.
US Silica Holdings, Inc is a silica sand supplier company. The Company is a producer of industrial minerals, including sand proppants, whole grain silica, ground silica, fine ground silica, calcined kaolin clay and aplite clay.
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