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U.S. Silica Holdings (NASDAQ:SLCA) has earned an average rating of “Buy” from the twelve analysts that are currently covering the company, AnalystRatingsNetwork reports. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $50.95.

Shares of U.S. Silica Holdings (NASDAQ:SLCA) traded up 2.10% during mid-day trading on Monday, hitting $55.00. 323,691 shares of the company’s stock traded hands. 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 $2.957 billion and a P/E ratio of 37.67.

U.S. Silica Holdings (NASDAQ:SLCA) last released its earnings data 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 $1.97 earnings per share for the current fiscal year.

SLCA has been the subject of a number of recent research reports. Analysts at BB&T Corp. raised their price target on shares of U.S. Silica Holdings to $60.00 in a research note on Friday. They now have a “buy” rating on the stock. Separately, 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, June 23rd. They now have an “outperform” rating on the stock. Finally, 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.

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.

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