U.S. Silica Holdings Inc (NYSE:SLCA) – Analysts at Jefferies Financial Group lowered their FY2018 EPS estimates for U.S. Silica in a report released on Wednesday, January 9th. Jefferies Financial Group analyst S. Pant now expects that the mining company will post earnings of $1.59 per share for the year, down from their previous estimate of $1.65. Jefferies Financial Group has a “Hold” rating and a $20.00 price objective on the stock.

U.S. Silica (NYSE:SLCA) last posted its quarterly earnings data on Tuesday, October 23rd. The mining company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.15). U.S. Silica had a return on equity of 12.40% and a net margin of 8.05%. The company had revenue of $423.17 million for the quarter, compared to the consensus estimate of $461.37 million. During the same quarter in the previous year, the firm posted $0.53 EPS. The business’s revenue for the quarter was up 22.7% compared to the same quarter last year.

A number of other equities analysts have also issued reports on SLCA. Seaport Global Securities set a $16.00 target price on shares of U.S. Silica and gave the stock a “buy” rating in a research report on Wednesday, October 24th. Stifel Nicolaus set a $17.00 target price on shares of U.S. Silica and gave the company a “buy” rating in a research note on Wednesday, October 24th. B. Riley set a $17.00 price objective on shares of U.S. Silica and gave the stock a “buy” rating in a research report on Friday, November 9th. Piper Jaffray Companies set a $26.00 target price on shares of U.S. Silica and gave the stock a “buy” rating in a report on Tuesday, October 2nd. Finally, Wells Fargo & Co assumed coverage on shares of U.S. Silica in a report on Saturday, September 15th. They set a “buy” rating and a $24.00 target price for the company. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $27.22.

NYSE:SLCA opened at $12.46 on Friday. The stock has a market capitalization of $954.94 million, a price-to-earnings ratio of 8.31, a PEG ratio of 4.40 and a beta of 2.21. U.S. Silica has a 12 month low of $9.30 and a 12 month high of $38.42. The company has a current ratio of 2.75, a quick ratio of 2.15 and a debt-to-equity ratio of 0.98.

Several hedge funds have recently modified their holdings of the business. Vanguard Group Inc lifted its stake in shares of U.S. Silica by 0.8% during the 3rd quarter. Vanguard Group Inc now owns 7,766,986 shares of the mining company’s stock worth $146,252,000 after purchasing an additional 65,064 shares during the last quarter. Marshall Wace North America L.P. acquired a new position in shares of U.S. Silica in the third quarter valued at about $2,048,000. Clearbridge Investments LLC acquired a new stake in U.S. Silica during the third quarter worth about $11,848,000. Vanguard Group Inc. grew its holdings in U.S. Silica by 0.8% during the third quarter. Vanguard Group Inc. now owns 7,766,986 shares of the mining company’s stock worth $146,252,000 after acquiring an additional 65,064 shares during the period. Finally, Legal & General Group Plc boosted its position in U.S. Silica by 6.9% during the third quarter. Legal & General Group Plc now owns 181,350 shares of the mining company’s stock worth $3,389,000 after purchasing an additional 11,729 shares in the last quarter.

In related news, COO Michael L. Winkler acquired 2,000 shares of the stock in a transaction dated Friday, October 26th. The shares were purchased at an average cost of $13.98 per share, with a total value of $27,960.00. Following the transaction, the chief operating officer now directly owns 47,290 shares in the company, valued at $661,114.20. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director William Jennings Kacal purchased 5,000 shares of the stock in a transaction that occurred on Thursday, December 13th. The stock was acquired at an average cost of $11.29 per share, for a total transaction of $56,450.00. Following the completion of the acquisition, the director now owns 78,815 shares in the company, valued at approximately $889,821.35. The disclosure for this purchase can be found here. 1.40% of the stock is owned by company insiders.

The business also recently declared a quarterly dividend, which was paid on Friday, January 4th. Stockholders of record on Friday, December 14th were issued a dividend of $0.0625 per share. The ex-dividend date was Thursday, December 13th. This represents a $0.25 annualized dividend and a dividend yield of 2.01%. U.S. Silica’s payout ratio is presently 16.67%.

U.S. Silica Company Profile

U.S. Silica Holdings, Inc produces and sells commercial silica in the United States. The company operates through two segments, Oil & Gas Proppants and Industrial & Specialty Products. 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.

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Earnings History and Estimates for U.S. Silica (NYSE:SLCA)

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