U.S. Silica Holdings Inc. (NYSE:SLCA) price closed lower on Tuesday, September 14, dropping -6.71% below its previous close.
A look at the daily price movement shows that the last close reads $9.09, with intraday deals fluctuated between $8.43 and $9.33. The company’s 5Y monthly beta was ticking 3.26. Taking into account the 52-week price action we note that the stock hit a 52-week high of $15.38 and 52-week low of $2.42. The stock subtracted -9.98% on its value in the past month.
U.S. Silica Holdings Inc., which has a market valuation of $643.80 million, is expected to release its quarterly earnings report Oct 27, 2021 – Nov 01, 2021. Analysts tracking SLCA have forecast the quarterly EPS to shrink by -0.1 per share this quarter, while the same analysts predict the annual EPS to hit -$0.72 for the year 2021 and up to -$0.19 for 2022. In this case, analysts estimate an annual EPS growth of -35.80% for the year and 73.60% for the next year.
On average, analysts have forecast the company’s revenue for the quarter will hit $276.3 million, with the likely lows of $270 million and highs of $282.6 million. The average estimate suggests sales growth for the quarter will likely rise by 57.70% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of $1.06 billion for the company’s annual revenue in 2021. Per this projection, the revenue is forecast to grow 25.30% above that which the company brought in 2021.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give SLCA a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 50% Sell.
Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 5 analysts have assigned SLCA a recommendation rating as follows: 1 rate it as a Hold; 2 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the U.S. Silica Holdings Inc. (SLCA) stock as Underweight, with 2 recommending Sell. In general, analysts have rated the stock Hold, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.
The overview shows that SLCA’s price is at present -2.34% off the SMA20 and -13.09% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 43.20, with weekly volatility standing at 7.91%. The indicator jumps to 5.70% when calculated based on the past 30 days. U.S. Silica Holdings Inc. (NYSE:SLCA)’s beta value is holding at 3.28, while the average true range (ATR) indicator is currently reading 0.55. Considering analysts have assigned the stock a price target range of $10.00-$16.00 as the low and high respectively, we find the trailing 12-month average consensus price target to be $12.65. Based on this estimate, we see that current price is roughly -17.92% off the estimated low and -88.68% off the forecast high. Investors will no doubt be excited to see the share price fall to $11.00, which is the median consensus price, and at that level SLCA would be -29.72% from current price.
Turning out attention to how the U.S. Silica Holdings Inc. stock has performed in comparison to its peers in the industry, here’s what we find: SLCA’s stock is -6.71% on the day and 144.38% in the past 12 months, while Corning Incorporated (GLW) traded -1.77% in the last session and was positioned 16.86% up on its price 12 months ago. Another comparison is with PPG Industries Inc. (PPG) whose stock price was down -1.43% in the last trading session, and has flourished 15.45% over the past year. Also, Pioneer Natural Resources Company (PXD) showed down trend of -1.24% while its price kept floating at 63.85% over the past year. Elsewhere in the market, the S&P 500 Index has stumbled -0.57% in last trading session, with the Dow Jones Industrial also saw a negative session on the day with -0.84%.
An analysis of the U.S. Silica Holdings Inc. (NYSE:SLCA) stock in terms of its daily trading volume indicates that the 3-month average is 786.93K.
Current records show that the company has 74.34M in outstanding shares. The insiders’ percentage holdings are 3.40% of outstanding shares while the percentage share held by institutions stands at 77.60%. But the 20.80% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.