Share on StockTwits

Investment analysts at BB&T Corp. lifted their price objective on shares of U.S. Silica Holdings (NASDAQ:SLCA) to $60.00 in a note issued to investors on Friday. The firm currently has a “buy” rating on the stock. BB&T Corp.’s target price points to a potential upside of 11.38% from the company’s current price.

A number of other analysts have also recently weighed in on SLCA. Analysts at Cowen and Company raised their price target on shares of U.S. Silica Holdings to $65.00 in a research note on Monday. They now have an “outperform” rating on the stock. Separately, analysts at Howard Weil raised their price target on shares of U.S. Silica Holdings from $42.00 to $50.00 in a research note on Thursday, May 1st. They now have a “sector outperform” rating on the stock. Finally, analysts at Jefferies Group upgraded shares of U.S. Silica Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, May 1st. They now have a $54.00 price target on the stock, up previously from $33.00. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $50.95.

U.S. Silica Holdings (NASDAQ:SLCA) traded down 0.31% during mid-day trading on Friday, hitting $53.87. The stock had a trading volume of 3,897,648 shares. U.S. Silica Holdings has a 52-week low of $20.46 and a 52-week high of $54.99. The stock has a 50-day moving average of $50.88 and a 200-day moving average of $38.92. The company has a market cap of $2.896 billion and a price-to-earnings ratio of 37.79.

U.S. Silica Holdings (NASDAQ:SLCA) last announced its earnings results on Tuesday, April 29th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.02. The company had revenue of $180.10 million for the quarter, compared to the consensus estimate of $157.81 million. During the same quarter in the previous year, the company posted $0.35 earnings per share. The company’s revenue for the quarter was up 47.3% on a year-over-year basis. On average, analysts predict that U.S. Silica Holdings will post $1.96 earnings per share for the current fiscal year.

US Silica Holdings, Inc is a domestic producer of commercial silica, a specialized mineral. The Company operates in two segments: Oil & Gas Proppants and Industrial & Specialty Products.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.