TOday’s Movers: US Silica Holdings (NYSE:SLCA) Stock Rating Reconfirmed by B. Riley FBR; $26 Target Price Indicates 33.81 % Potential

September 7, 2018 - By Mark Babin

U.S. Silica Holdings, Inc. (NYSE:SLCA) Logo

US Silica Holdings (NYSE:SLCA) Rating Reaffirmed

The firm has just set a target price of $26 on US Silica Holdings (NYSE:SLCA) shares. This is 33.81 % from the stock close price. In a research report shared with investors on Thursday morning, B. Riley FBR maintained their Buy rating on shares of SLCA.

U.S. Silica Holdings, Inc. (NYSE:SLCA) Ratings Coverage

Among 13 analysts covering US Silica Holdings (NYSE:SLCA), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. US Silica Holdings has $4700 highest and $29 lowest target. $38.67’s average target is 99.02% above currents $19.43 stock price. US Silica Holdings had 17 analyst reports since March 15, 2018 according to SRatingsIntel. KeyBanc Capital Markets maintained it with “Overweight” rating and $35 target in Friday, July 27 report. The firm has “Outperform” rating given on Wednesday, April 25 by Wells Fargo. Piper Jaffray maintained U.S. Silica Holdings, Inc. (NYSE:SLCA) on Thursday, April 5 with “Buy” rating. As per Monday, March 26, the company rating was maintained by Seaport Global. The rating was maintained by Cowen & Co on Thursday, March 15 with “Buy”. The firm has “Buy” rating given on Thursday, April 26 by B. Riley & Co. The stock has “Buy” rating by RF Lafferty on Monday, August 27. The company was maintained on Wednesday, April 11 by Morgan Stanley. Cowen & Co maintained U.S. Silica Holdings, Inc. (NYSE:SLCA) rating on Friday, April 13. Cowen & Co has “Buy” rating and $3900 target. Wells Fargo downgraded the shares of SLCA in report on Friday, June 29 to “Market Perform” rating.

The stock decreased 3.04% or $0.61 during the last trading session, reaching $19.43. About 2.67M shares traded or 21.80% up from the average. U.S. Silica Holdings, Inc. (NYSE:SLCA) has declined 16.97% since September 7, 2017 and is downtrending. It has underperformed by 29.54% the S&P500.

Analysts await U.S. Silica Holdings, Inc. (NYSE:SLCA) to report earnings on November, 5. They expect $0.72 EPS, up 35.85 % or $0.19 from last year’s $0.53 per share. SLCA’s profit will be $55.77M for 6.75 P/E if the $0.72 EPS becomes a reality. After $0.64 actual EPS reported by U.S. Silica Holdings, Inc. for the previous quarter, Wall Street now forecasts 12.50 % EPS growth.

U.S. Silica Holdings, Inc. produces and sells commercial silica in the United States. The company has market cap of $1.51 billion. The firm operates through two divisions, Oil & Gas Proppants and Industrial & Specialty Products. It has a 9.65 P/E ratio. It offers whole grain commercial silica products to be used as fracturing sand in connection with oil and natural gas recovery; and resin coated proppants, as well as sells its whole grain silica products in various size distributions, grain shapes, and chemical purity levels for manufacturing glass products.

More recent U.S. Silica Holdings, Inc. (NYSE:SLCA) news were published by: Fool.com which released: “3 Things You Need to Know About America’s Oil Market Right Now” on September 06, 2018. Also Seekingalpha.com published the news titled: “US Silica Holdings: Too Cheap For Investors To Ignore” on August 27, 2018. Seekingalpha.com‘s news article titled: “US Silica Not Given Enough Credit For Sandbox” with publication date: September 06, 2018 was also an interesting one.

U.S. Silica Holdings, Inc. (NYSE:SLCA) Ratings Chart

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