Now Is A Good Time To Buy U.S. Silica Holdings Inc (NYSE: SLCA)

During the recent session, U.S. Silica Holdings Inc (NYSE:SLCA)’s traded shares were 7.78 million, with the beta value of the company hitting 2.22. At the last check today, the stock’s price was $15.69, reflecting an intraday gain of 20.18% or $2.63. The 52-week high for the SLCA share is $14.64, that puts it up 6.69 from that peak though still a striking 35.69% gain since the share price plummeted to a 52-week low of $10.09. The company’s market capitalization is $1.23B, and the average trade volume was 831.06K shares over the past three months.

U.S. Silica Holdings Inc (NYSE:SLCA) trade information

U.S. Silica Holdings Inc (SLCA) registered a 20.18% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 20.18% in intraday trading to $15.69, hitting a weekly high. The stock’s 5-day price performance is 22.43%, and it has moved by 28.02% in 30 days. Based on these gigs, the overall price performance for the year is 32.67%.

U.S. Silica Holdings Inc (SLCA) estimates and forecasts

Statistics show that U.S. Silica Holdings Inc has underperformed its competitors in share price, compared to the industry in which it operates. U.S. Silica Holdings Inc (SLCA) shares have gone up 23.97% during the last six months, with a year-to-date growth rate less than the industry average at -38.42% against 17.40. In the rating firms’ projections, revenue will decrease -27.40% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 336.59M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 349.79M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 442.24M and 406.78M respectively. In this case, analysts expect current quarter sales to shrink by -23.90% and then drop by -14.00% in the coming quarter. While earnings are projected to return -46.39% in 2024, the next five years will return 28.30% per annum.

SLCA Dividends

U.S. Silica Holdings Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.