U.S. Silica Holdings, Inc. (SLCA) to Release Quarterly Earnings on Wednesday
U.S. Silica Holdings, Inc. (NYSE:SLCA) is set to issue its quarterly earnings data after the market closes on Wednesday, November 1st. Analysts expect the company to announce earnings of $0.51 per share for the quarter.
U.S. Silica Holdings (NYSE:SLCA) last released its quarterly earnings data on Monday, July 31st. The mining company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.01. The firm had revenue of $290.50 million for the quarter, compared to analyst estimates of $316.43 million. U.S. Silica Holdings had a return on equity of 1.92% and a net margin of 1.60%. The business’s revenue for the quarter was up 148.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.17) earnings per share. On average, analysts expect U.S. Silica Holdings to post $1.53 EPS for the current fiscal year and $2.97 EPS for the next fiscal year.
Shares of U.S. Silica Holdings, Inc. (SLCA) opened at 28.16 on Wednesday. The firm has a 50-day moving average price of $29.67 and a 200 day moving average price of $33.10. U.S. Silica Holdings, Inc. has a 1-year low of $24.26 and a 1-year high of $61.49. The company has a market cap of $2.29 billion, a price-to-earnings ratio of 160.91 and a beta of 2.32.
Several research firms have commented on SLCA. BidaskClub raised shares of U.S. Silica Holdings from a “sell” rating to a “hold” rating in a research report on Wednesday, July 19th. Piper Jaffray Companies reissued a “buy” rating and set a $36.00 target price on shares of U.S. Silica Holdings in a research report on Thursday, October 19th. Royal Bank Of Canada set a $60.00 target price on shares of U.S. Silica Holdings and gave the stock a “buy” rating in a research report on Saturday, July 1st. KeyCorp reissued an “overweight” rating and set a $40.00 target price on shares of U.S. Silica Holdings in a research report on Wednesday, October 4th. Finally, Cowen and Company dropped their target price on shares of U.S. Silica Holdings from $60.00 to $40.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 2nd. Two analysts have rated the stock with a sell rating, three have given a hold rating and eighteen have issued a buy rating to the company. U.S. Silica Holdings presently has an average rating of “Buy” and a consensus price target of $49.03.
U.S. Silica Holdings Company Profile
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.
Receive News & Ratings for U.S. Silica Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for U.S. Silica Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.