Somewhat Positive Media Coverage Somewhat Unlikely to Affect U.S. Silica Holdings (SLCA) Share Price
Headlines about U.S. Silica Holdings (NYSE:SLCA) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. U.S. Silica Holdings earned a news sentiment score of 0.22 on Accern’s scale. Accern also gave media coverage about the mining company an impact score of 46.0760870698527 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news stories that may have impacted Accern Sentiment’s scoring:
- US Silica Holdings, Inc. (SLCA) stock is -31.64% below its 200- SMA – Street Observer (press release) (streetobserver.com)
- Is the Options Market Predicting a Spike in US Silica (SLCA) Stock? – Nasdaq (nasdaq.com)
- Is the Options Market Predicting a Spike in U.S. Silica (SLCA) Stock? (finance.yahoo.com)
- U.S. Silica Holdings, Inc. (SLCA) Given Average Rating of “Buy” by Analysts (americanbankingnews.com)
Several research analysts have recently issued reports on SLCA shares. Goldman Sachs Group, Inc. (The) upped their price target on shares of U.S. Silica Holdings from $63.00 to $64.00 and gave the stock a “buy” rating in a report on Wednesday, May 31st. Jefferies Group LLC set a $40.00 price target on shares of U.S. Silica Holdings and gave the stock a “buy” rating in a report on Monday, August 28th. BidaskClub upgraded shares of U.S. Silica Holdings from a “sell” rating to a “hold” rating in a report on Monday, July 31st. ValuEngine downgraded shares of U.S. Silica Holdings from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Finally, Citigroup Inc. lowered their price target on shares of U.S. Silica Holdings from $58.00 to $52.00 and set a “buy” rating for the company in a report on Friday, June 9th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and eighteen have given a buy rating to the company’s stock. U.S. Silica Holdings presently has a consensus rating of “Buy” and an average price target of $52.18.
Shares of U.S. Silica Holdings (NYSE:SLCA) opened at 28.81 on Friday. The firm has a market capitalization of $2.34 billion, a P/E ratio of 164.63 and a beta of 2.32. The firm’s 50-day moving average price is $26.86 and its 200-day moving average price is $36.73. U.S. Silica Holdings has a one year low of $24.26 and a one year high of $61.49.
U.S. Silica Holdings (NYSE:SLCA) last released its quarterly earnings data on Monday, July 31st. The mining company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.01. U.S. Silica Holdings had a net margin of 1.60% and a return on equity of 1.92%. The firm had revenue of $290.50 million for the quarter, compared to analysts’ expectations of $316.43 million. During the same quarter in the previous year, the company earned ($0.17) earnings per share. The company’s revenue for the quarter was up 148.3% compared to the same quarter last year. On average, equities analysts forecast that U.S. Silica Holdings will post $1.56 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 3rd. Shareholders of record on Friday, September 15th will be given a $0.063 dividend. This is a boost from U.S. Silica Holdings’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.87%. U.S. Silica Holdings’s payout ratio is presently 192.31%.
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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