U.S. Silica Holdings Inc. [SLCA] Stock Looks Poised to Climb Further

In a recent bid U.S. Silica Holdings Inc. [SLCA] faced a contemporary bid of $5.04 yielding a 3.22% incline where 1.05 million shares have exchanged hands over the last week. SLCA amount got a boost by 4.78% or $0.23 versus $4.81 at the end of the prior session. This change led market cap to move at 360.22M, putting the price 537.97% below the 52-week high and -23.05% above the 52-week low. The company’s stock has a normal trading capacity of 1.05 million shares while the relative volume is 1.94.

On 1, December 2020, U.S. Silica Announces Price Increases on Industrial and Specialty Products. According to news published on Yahoo Finance, U.S. Silica Holdings, Inc. (NYSE: SLCA) said today that its Industrial and Specialty Products business will increase prices for most of its non-contracted silica sand, diatomaceous earth, perlite, cellulose and clay products used primarily in filtration, glass, foundry, paints, coatings, elastomers, roofing, chemicals, recreation, building products, agricultural, pet litter and other applications.

Analyst Birdseye View:

The most recent analyst activity for U.S. Silica Holdings Inc. [NYSE:SLCA] stock was on March 19, 2020, when it was Upgrade with an Equal weight rating from Barclays. Before that, on July 06, 2020, Evercore ISI Recapitulated an In-line rating and elevated its amount target to $3. On March 11, 2020, Tudor Pickering Downgrade a Hold rating. On March 09, 2020, Evercore ISI Downgrade an Underperform rating. On November 05, 2019, Johnson Rice Downgrade a Hold rating and decreased its price target to $5. On October 31, 2019, Barclays Downgrade an Underweight rating and boosted its amount target on this stock to $3. On October 30, 2019, Piper Jaffray Downgrade a Neutral rating and decreased its target amount on this stock from $10.50 to $5.50. On October 01, 2019 Cowen Downgrade a Market perform rating and elevated its amount target to $8.50.

In the past 52 weeks of trading, this stock has oscillated between a low of $0.79 and a peak of $6.55. Right now, according to Wall Street analyst the average 12-month amount target is $3.54. At the most recent market close, shares of U.S. Silica Holdings Inc. [NYSE:SLCA] were valued at $5.04. According to the average price forecast, investors can expect a potential return of 11.5%.

FUNDAMENTAL ANALYSIS

U.S. Silica Holdings Inc. [NYSE:SLCA] most recently reported quarterly sales of 176.47 billion, which represented growth of -51.20%. This publicly-traded organization’s revenue is $677,298 per employee, while its income is -$151,163 per employee. This company’s Gross Margin is currently 29.00%, its Operating Margin is -52.00%, its Pretax Margin is -29.09, and its Net Margin is -22.32. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -11.57, -37.61, 0.90 and -15.21 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 66.56 and the whole liability to whole assets at 52.07. It shows enduring liability to the whole principal at 63.15 and enduring liability to assets at 0.49 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 4.54 points at 1st support level, the second support level is making up to 4.27. But as of 1st resistance point, this stock is sitting at 4.96 and at 5.11 for 2nd resistance point.

U.S. Silica Holdings Inc. [SLCA] reported its earnings at -$0.15 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.35/share signifying the difference of 0.2 and 57.10% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were -$0.09 calling estimates for -$0.51/share with the difference of 0.42 depicting the surprise of 82.40%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for U.S. Silica Holdings Inc. [NYSE:SLCA] is 2.10. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.55. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.31 and it’s amount to book ratio is 0.64.

Insider Stories

The most recent insider trade was by Shinn Bryan Adair, CEO, and it was the purchase of 10000.0 shares on May 20. Lind Bonnie Cruickshank, the Director, completed a purchase of 5000.0 shares on Mar 27. On Mar 27, SHAVER CHARLES W, Director, completed a purchase of 43000.0 shares.