Equities analysts expect U.S. Silica Holdings Inc (NYSE:SLCA) to report sales of $394.76 million for the current quarter, according to Zacks Investment Research. Seven analysts have made estimates for U.S. Silica’s earnings. The highest sales estimate is $538.00 million and the lowest is $327.30 million. U.S. Silica posted sales of $360.57 million in the same quarter last year, which suggests a positive year over year growth rate of 9.5%. The business is expected to issue its next quarterly earnings report on Wednesday, February 20th.
According to Zacks, analysts expect that U.S. Silica will report full-year sales of $1.62 billion for the current fiscal year, with estimates ranging from $1.55 billion to $1.83 billion. For the next year, analysts expect that the firm will post sales of $1.71 billion, with estimates ranging from $1.53 billion to $2.21 billion. Zacks’ sales averages are an average based on a survey of sell-side research firms that follow U.S. Silica.
U.S. Silica (NYSE:SLCA) last announced its quarterly earnings data on Tuesday, October 23rd. The mining company reported $0.44 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.59 by ($0.15). The firm had revenue of $423.17 million during the quarter, compared to the consensus estimate of $461.37 million. U.S. Silica had a net margin of 8.05% and a return on equity of 12.40%. The firm’s quarterly revenue was up 22.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.53 earnings per share.
U.S. Silica stock traded down $0.27 during midday trading on Monday, hitting $14.20. The stock had a trading volume of 3,481,119 shares, compared to its average volume of 3,677,806. 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 $1.12 billion, a P/E ratio of 6.81, a P/E/G ratio of 0.65 and a beta of 2.07. U.S. Silica has a 12 month low of $12.89 and a 12 month high of $38.70.
In other U.S. Silica news, CEO Bryan Adair Shinn acquired 2,200 shares of U.S. Silica stock in a transaction dated Thursday, September 27th. The stock was acquired at an average cost of $18.45 per share, for a total transaction of $40,590.00. Following the completion of the transaction, the chief executive officer now owns 126,243 shares in the company, valued at approximately $2,329,183.35. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Bradford B. Casper acquired 1,500 shares of U.S. Silica stock in a transaction dated Friday, September 28th. The shares were acquired at an average price of $18.96 per share, with a total value of $28,440.00. Following the completion of the transaction, the executive vice president now owns 18,552 shares of the company’s stock, valued at approximately $351,745.92. The disclosure for this purchase can be found here. Insiders have bought 11,614 shares of company stock valued at $206,525 over the last ninety days. Corporate insiders own 1.40% of the company’s stock.
Several hedge funds and other institutional investors have recently modified their holdings of the company. ClariVest Asset Management LLC boosted its position in shares of U.S. Silica by 11.1% during the second quarter. ClariVest Asset Management LLC now owns 26,100 shares of the mining company’s stock worth $671,000 after buying an additional 2,600 shares during the period. US Bancorp DE boosted its position in shares of U.S. Silica by 11.7% during the second quarter. US Bancorp DE now owns 26,363 shares of the mining company’s stock worth $677,000 after buying an additional 2,769 shares during the period. Bruni J V & Co. Co. boosted its position in shares of U.S. Silica by 0.8% during the second quarter. Bruni J V & Co. Co. now owns 421,847 shares of the mining company’s stock worth $10,837,000 after buying an additional 3,367 shares during the period. Raymond James & Associates boosted its position 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 buying an additional 3,475 shares during the period. Finally, Raymond James Financial Services Advisors Inc. boosted its position in shares of U.S. Silica by 10.3% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 42,834 shares of the mining company’s stock worth $1,100,000 after buying an additional 4,003 shares during the period.
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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