U.S. Silica Holdings Inc (NYSE:SLCA) traded at $15.89 at close of the session on Friday, April 26, made an upward move of 21.67% on its previous day’s price.
Looking at the stock we see that its previous close was $13.06 . The company has a trailing 12-month PE ratio of 10.77. In terms of its 52-week price range, SLCA has a high of $14.64 and a low of $10.09. The company’s stock has gained about 29.61% over that past 30 days.
U.S. Silica Holdings Inc has a market cap of $1.24 billion. Estimates by analysts give the company expected earnings per share (EPS) of $0.2, with the EPS growth for the year raised at $1.03 for 2024 and $1.3 for next year. These figures represent -46.60% and 26.20% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $336.59 million, with a low of $334.2 million and a high of $338.98 million. The median projection represents growth adding up to -23.90% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $1.13 billion, or -27.40% down from figures reported last year.
On the other hand, looking at the outlook for the SLCA stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 50% Buy.
Looking further, we note that the PEG ratio for the SLCA stock currently stands at 0.38, and the current price level is 22.63% off its SMA20 and 30.19% from its 50-day simple moving average. The RSI (14) is pointing at 78.48 while the volatility over the past week is 3.43% and jumps to 3.37% over the past one month. The beta value is 2.18, while the average true range (ATR) is currently pointing at 0.62.
Coming back to U.S. Silica Holdings Inc (NYSE:SLCA), we note that the average 3-month trading volume was 1.06 million. Current shares outstanding are 77.19 million.
The insiders hold 3.51% of the company’s shares while institutions hold 88.62%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 40.50% up in year-to-date price movement.
