U.S. Silica Holdings (SLCA) Receives Daily News Sentiment Rating of 0.46
News stories about U.S. Silica Holdings (NYSE:SLCA) have trended positive recently, AlphaOne Sentiment Analysis reports. The research group, a division of Accern, identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. U.S. Silica Holdings earned a coverage optimism score of 0.46 on AlphaOne’s scale. AlphaOne also gave media headlines about the mining company an impact score of 42 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news stories that may have impacted Alpha One Sentiment Analysis’s rankings:
- Barclays PLC Downgrades U.S. Silica Holdings Inc (SLCA) to Equal Weight (americanbankingnews.com)
- What’s in the Cards for U.S. Silica (SLCA) in Q1 Earnings? – Nasdaq (nasdaq.com)
- What's in the Cards for U.S. Silica (SLCA) in Q1 Earnings? (finance.yahoo.com)
- $0.06 EPS Expected for U.S. Silica Holdings Inc (SLCA) This Quarter (americanbankingnews.com)
- U.S. Silica Holdings (SLCA) Earns Coverage Optimism Rating of 0.22 (americanbankingnews.com)
Shares of U.S. Silica Holdings (NYSE:SLCA) traded down 5.90% during midday trading on Friday, reaching $40.51. The company’s stock had a trading volume of 5,743,976 shares. The company’s market capitalization is $3.28 billion. The stock has a 50 day moving average of $47.19 and a 200-day moving average of $51.01. U.S. Silica Holdings has a 1-year low of $22.38 and a 1-year high of $61.49.
U.S. Silica Holdings (NYSE:SLCA) last issued its earnings results on Wednesday, February 22nd. The mining company reported ($0.07) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.09) by $0.02. The firm earned $182.40 million during the quarter, compared to analysts’ expectations of $176.42 million. U.S. Silica Holdings had a negative net margin of 9.61% and a negative return on equity of 7.51%. The firm’s revenue for the quarter was up 34.0% compared to the same quarter last year. During the same period last year, the firm posted ($0.26) earnings per share. On average, equities research analysts anticipate that U.S. Silica Holdings will post $1.32 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 5th. Investors of record on Wednesday, March 15th were issued a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a yield of 0.62%. The ex-dividend date of this dividend was Monday, March 13th. U.S. Silica Holdings’s payout ratio is -29.41%.
Several equities analysts have issued reports on SLCA shares. Zacks Investment Research lowered U.S. Silica Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, March 21st. Jefferies Group LLC reaffirmed a “buy” rating and set a $70.00 price objective on shares of U.S. Silica Holdings in a report on Tuesday, April 11th. Morgan Stanley raised their price objective on U.S. Silica Holdings to $70.00 and gave the stock an “overweight” rating in a report on Tuesday, January 31st. SunTrust Banks, Inc. started coverage on U.S. Silica Holdings in a report on Wednesday, January 18th. They set a “buy” rating and a $72.00 price objective on the stock. Finally, Howard Weil raised U.S. Silica Holdings from a “sector perform” rating to an “outperform” rating and set a $76.00 price objective on the stock in a report on Friday, February 24th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $56.81.
In related news, SVP David D. Murry sold 610 shares of the company’s stock in a transaction that occurred on Thursday, March 30th. The shares were sold at an average price of $48.05, for a total value of $29,310.50. Following the completion of the sale, the senior vice president now owns 8,487 shares in the company, valued at approximately $407,800.35. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP David D. Murry sold 5,971 shares of the company’s stock in a transaction that occurred on Wednesday, February 1st. The shares were sold at an average price of $60.00, for a total transaction of $358,260.00. Following the completion of the sale, the senior vice president now owns 14,458 shares of the company’s stock, valued at approximately $867,480. The disclosure for this sale can be found here. Company insiders own 1.20% of the company’s stock.
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.
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