Reflections On The Past For Investors Today: U.S. Silica Holdings Inc (NYSE: SLCA)

U.S. Silica Holdings Inc (NYSE:SLCA) does about 1.26M shares in volume on a normal day but saw 761810 shares change hands in Tuesday’s trading. The company now has a market cap of 1.21B USD. Its current market price is $15.53, marking a decrease of -0.06% compared to the previous close of $15.54. The 52 week high reached by this stock is $16.03 whilst the lowest price level in 52 weeks is $10.09.

U.S. Silica Holdings Inc (SLCA) has a 20-day trading average at $14.58 and the current price is -3.12% off the 52-week high compared with 53.91% distance from its 52-week low. The 50-day simple moving average of the closing price is $13.38 and its 200-day simple moving average is $12.28. If we look at the stock’s price movements over the week, volatility stands at 0.62%, which increases to 1.98% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 70.81 to suggest the stock is overbought.

The consensus objective for the share price is $15.50, suggesting that the stock has a potential downside of -0.19% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 03, 2023 when Barclays upgraded the stock to “Equal Weight” and issued a price target of $17. Morgan Stanley also upgraded the stock to “Equal-Weight” from Underweight on July 13, 2022 at a price target of $15. Evercore ISI upgraded its price target at $20.

U.S. Silica Holdings Inc (SLCA) stock is up 0.32% over the week and 18.91% over the past month. Its price is 37.31% year-to-date and 28.03% over the past year.

The stock last released its quarterly earnings report for quarter ended 3/31/2024, with the company’s earnings per share (EPS) of 0.6 below consensus estimates by -0.02. The company’s next earnings report forecasts estimating quarterly EPS at 0.28 and 1.04 for whole year. Expected sales for next quarter are $346.59M, which analysts say will come at $1.34B for the current fiscal year and next year at $1.38B. In addition, estimates put the company’s current quarterly revenue at an average of $340.27M.

To reach the target analysts have set, the stock logically needs to shrink -0.19 percent from here.

The company has a return on investment of 6.76% and return on equity of 14.51%. The price to earnings ratio (P/E ratio) amounts to 10.53 while the forward price to earnings ratio is 11.82. The beta has a value of 2.05. Price to book ratio is 1.40 and price to sales ratio is 0.85.