U.S. Silica Holdings Inc. (NYSE:SLCA)’s traded shares stood at 2.65 million during the last session, with the company’s beta value hitting 2.61. At the close of trading, the stock’s price was $10.94, to imply a decrease of -0.18% or -$0.02 in intraday trading. The SLCA share’s 52-week high remains $21.54, putting it -96.89% down since that peak but still an impressive 13.44% since price per share fell to its 52-week low of $9.47. The company has a valuation of $832.75M, with an average of 0.98 million shares in intraday trading volume over the past 10 days and average of 673.26K shares over the past 3 months.
Analysts have given a consensus recommendation of a Hold for U.S. Silica Holdings Inc. (SLCA), translating to a mean rating of 2.50. Of 4 analyst(s) looking at the stock, 1 analyst(s) give SLCA a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $0.5.
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U.S. Silica Holdings Inc. (NYSE:SLCA) trade information
After registering a -0.18% downside in the last session, U.S. Silica Holdings Inc. (SLCA) has traded red over the past five days. The stock hit a weekly high of 12.10 this Friday, 03/17/23, dropping -0.18% in its intraday price action. The 5-day price performance for the stock is -9.21%, and -7.45% over 30 days. With these gigs, the year-to-date price performance is -12.48%. Short interest in U.S. Silica Holdings Inc. (NYSE:SLCA) saw shorts transact 4.58 million shares and set a 6.61 days time to cover.
Analysts on Wall Street suggest a consensus price target of $19.50, implying an increase of 43.9% to the stock’s current value. The extremes give us $15.00 and $24.00 for target low and target high price respectively. As such, SLCA has been trading -119.38% off suggested target high and -37.11% from its likely low.
U.S. Silica Holdings Inc. (SLCA) estimates and forecasts
Looking at statistics comparing U.S. Silica Holdings Inc. share performance against respective industry, we note that the company has outperformed competitors. U.S. Silica Holdings Inc. (SLCA) shares are -16.17% down over the last 6 months, with its year-to-date growth rate higher than industry average at 45.76% against 14.10%. Revenue is forecast to grow 2,600.00% this quarter before jumping 78.10% for the next one. The rating firms project that company’s revenue will grow 14.40% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is $428.1 million. Meanwhile, for the quarter ending Jun 2023, a total of 2 analyst(s) estimate revenue growth to $439.85 million.Earnings reports from the last fiscal year show that sales brought in $304.89 million and $388.51 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 40.40% before jumping 13.20% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -5.50% for the past 5-year period. While 2023 is set for a 321.70% return in earnings, projections for the next 5 years are at 28.30% annually.
U.S. Silica Holdings Inc. has its next earnings report out between April 27 and May 01. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. U.S. Silica Holdings Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
U.S. Silica Holdings Inc. (NYSE:SLCA)’s Major holders
U.S. Silica Holdings Inc. insiders hold 3.14% of total outstanding shares, with institutional holders owning 85.66% of the shares at 88.44% float percentage. In total, 85.66% institutions holds shares in the company, led by Blackrock Inc. As of Dec 30, 2022, the company held over 14.37 million shares (or 18.87% of shares), all amounting to roughly $157.16 million.
The next major institution holding the largest number of shares is Vanguard Group, Inc. (The) with 6.66 million shares, or about 8.76% of shares outstanding. As of the market price on Dec 30, 2022, these shares were worth $72.91 million.
We also have iShares Core S&P Smallcap ETF and VanEck ETF Trust-VanEck Oil Services ETF as the top two Mutual Funds with the largest holdings of the U.S. Silica Holdings Inc. (SLCA) shares. Going by data provided on Dec 30, 2022, iShares Core S&P Smallcap ETF holds roughly 5.65 million shares. This is just over 7.46% of the total shares, with a market valuation of $61.76 million. Data from the same date shows that the other fund manager holds a little less at 2.31 million, or 3.05% of the shares, all valued at about 25.28 million.