Wall Street brokerages expect U.S. Silica Holdings Inc (NYSE:SLCA) to post earnings per share (EPS) of ($0.08) for the current quarter, according to Zacks Investment Research. Seven analysts have issued estimates for U.S. Silica’s earnings. The lowest EPS estimate is ($0.20) and the highest is $0.13. U.S. Silica posted earnings of $0.51 per share in the same quarter last year, which would suggest a negative year over year growth rate of 115.7%. The company is expected to report its next earnings report before the market opens on Tuesday, February 19th.

On average, analysts expect that U.S. Silica will report full-year earnings of $1.58 per share for the current year, with EPS estimates ranging from $1.50 to $1.75. For the next financial year, analysts forecast that the business will report earnings of $0.08 per share, with EPS estimates ranging from ($1.26) to $1.13. Zacks’ earnings per share averages are a mean average based on a survey of analysts that cover U.S. Silica.

A number of analysts recently commented on the stock. Stifel Nicolaus set a $17.00 price objective on shares of U.S. Silica and gave the stock a “buy” rating in a report on Wednesday, October 24th. Seaport Global Securities set a $16.00 price objective on shares of U.S. Silica and gave the company a “buy” rating in a research report on Wednesday, October 24th. Credit Suisse Group dropped their price target on shares of U.S. Silica from $21.00 to $18.00 and set a “buy” rating for the company in a research report on Wednesday, October 24th. SunTrust Banks set a $28.00 price objective on shares of U.S. Silica and gave the stock a “buy” rating in a research report on Wednesday, October 24th. They noted that the move was a valuation call. Finally, Barclays dropped their price objective on shares of U.S. Silica from $30.00 to $20.00 and set a “buy” rating for the company in a research report on Wednesday, October 24th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and eleven have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $26.94.

In related news, Director William Jennings Kacal acquired 5,000 shares of U.S. Silica stock in a transaction on Thursday, December 13th. The shares were purchased at an average cost of $11.29 per share, for a total transaction of $56,450.00. Following the purchase, the director now directly owns 78,815 shares of the company’s stock, valued at approximately $889,821.35. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.40% of the company’s stock.

Several large investors have recently modified their holdings of SLCA. Raymond James & Associates raised its holdings in shares of U.S. Silica by 11.8% during the second quarter. Raymond James & Associates now owns 32,917 shares of the mining company’s stock worth $846,000 after purchasing an additional 3,475 shares during the period. Bank of America Corp DE raised its holdings in shares of U.S. Silica by 5.5% during the second quarter. Bank of America Corp DE now owns 710,339 shares of the mining company’s stock worth $18,249,000 after purchasing an additional 36,715 shares during the period. Northern Trust Corp raised its holdings in shares of U.S. Silica by 4.0% during the second quarter. Northern Trust Corp now owns 1,754,931 shares of the mining company’s stock worth $45,084,000 after purchasing an additional 67,546 shares during the period. Steward Partners Investment Advisory LLC acquired a new stake in shares of U.S. Silica during the third quarter worth $504,000. Finally, First Trust Advisors LP raised its holdings in shares of U.S. Silica by 322.5% during the third quarter. First Trust Advisors LP now owns 67,546 shares of the mining company’s stock worth $1,272,000 after purchasing an additional 51,558 shares during the period.

Shares of U.S. Silica stock traded up $0.49 on Monday, reaching $13.56. 912,576 shares of the stock were exchanged, compared to its average volume of 1,670,517. U.S. Silica has a 1-year low of $9.30 and a 1-year high of $34.34. The company has a quick ratio of 2.15, a current ratio of 2.75 and a debt-to-equity ratio of 0.98. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of 9.04, a price-to-earnings-growth ratio of 11.82 and a beta of 2.38.

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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