U.S. Silica (SLCA) Earns Media Impact Score of 0.07
News headlines about U.S. Silica (NYSE:SLCA) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. U.S. Silica earned a coverage optimism score of 0.07 on Accern’s scale. Accern also assigned news stories about the mining company an impact score of 44.7661463708261 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news stories that may have impacted Accern’s scoring:
- Brokerages Expect U.S. Silica Holdings Inc (SLCA) Will Announce Quarterly Sales of $359.80 Million (americanbankingnews.com)
- Recent Insiders Bustle: US Silica Holdings, Inc. (SLCA), Wynn Resorts, Limited (WYNN) – Market Movers (financialqz.com)
- US Silica Holdings Inc (NYSE:SLCA) Time to Invest – Live Trading News (livetradingnews.com)
- Technical Indicator Analysis for US Silica Holdings, Inc. (NYSE:SLCA) – The Oracle Examiner (oracleexaminer.com)
- Examining Fresh Signals: US Silica Holdings, Inc. (SLCA), The Goldman Sachs Group, Inc. (GS) – Market Movers (financialqz.com)
Shares of U.S. Silica (SLCA) opened at $38.25 on Friday. The firm has a market cap of $3,110.00, a price-to-earnings ratio of 47.81 and a beta of 2.33. U.S. Silica has a fifty-two week low of $24.26 and a fifty-two week high of $61.49. The company has a quick ratio of 3.26, a current ratio of 3.67 and a debt-to-equity ratio of 0.39.
U.S. Silica (NYSE:SLCA) last released its quarterly earnings results on Monday, November 6th. The mining company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.02. The business had revenue of $345.00 million for the quarter, compared to analysts’ expectations of $328.91 million. U.S. Silica had a net margin of 11.96% and a return on equity of 12.49%. The firm’s revenue for the quarter was up 150.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.13) earnings per share. equities analysts expect that U.S. Silica will post 1.54 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, January 5th. Investors of record on Friday, December 15th were issued a $0.063 dividend. This represents a $0.25 annualized dividend and a yield of 0.66%. The ex-dividend date was Thursday, December 14th. U.S. Silica’s dividend payout ratio (DPR) is currently 31.25%.
U.S. Silica announced that its board has authorized a stock repurchase plan on Monday, November 6th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the mining company to buy shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.
Several brokerages have recently issued reports on SLCA. Piper Jaffray Companies restated a “buy” rating on shares of U.S. Silica in a report on Tuesday. Royal Bank of Canada set a $44.00 target price on shares of U.S. Silica and gave the stock a “buy” rating in a report on Thursday, December 21st. Zacks Investment Research cut shares of U.S. Silica from a “strong-buy” rating to a “hold” rating in a report on Monday, December 11th. Seaport Global Securities began coverage on shares of U.S. Silica in a report on Friday, December 8th. They issued a “buy” rating and a $59.00 target price on the stock. Finally, B. Riley began coverage on shares of U.S. Silica in a report on Wednesday, December 6th. They issued a “buy” rating and a $40.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and nineteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $48.35.
In other news, CEO Bryan Adair Shinn acquired 4,000 shares of the stock in a transaction on Wednesday, December 20th. The stock was acquired at an average price of $31.30 per share, with a total value of $125,200.00. Following the completion of the transaction, the chief executive officer now owns 88,807 shares of the company’s stock, valued at approximately $2,779,659.10. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Charles W. Shaver acquired 3,300 shares of the stock in a transaction on Tuesday, December 12th. The shares were purchased at an average cost of $33.99 per share, with a total value of $112,167.00. Following the transaction, the director now directly owns 29,829 shares of the company’s stock, valued at approximately $1,013,887.71. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 7,900 shares of company stock worth $256,063. 1.00% of the stock is currently owned by company insiders.
U.S. Silica Company Profile
U.S. Silica Holdings, Inc is a domestic producer of commercial silica, a specialized mineral that is an input into a range of end markets. The Company operates in two segments: Oil & Gas Proppants, and Industrial & Specialty Products. In the Oil & Gas Proppants segment, it serves the oil and gas recovery market providing fracturing sand, or frac sand, which is pumped down oil and natural gas wells to prop open rock fissures and manage the flow rate of natural gas and oil from the wells.
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