Economy

Morgan Stanley Analysts Give US Silica (SLCA) a $47.00 Price Target

Morgan Stanley Analysts Give US Silica (SLCA) a $47.00 Price Target

Earnings-per-share growth gives a good picture of the rate at which a company has grown its profitability per unit of equity. (NYSE:SLCA) has "Neutral" rating given on Monday, August 24 by SunTrust. Piper Jaffray Companies reiterated a "buy" rating and issued a $40.50 price objective on shares of U.S. Silica in a report on Friday, November 10th.

Some buy side analysts are also providing their Analysis on U.S. Silica Holdings, Inc., where 3 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 0 said it's a HOLD, and 1 analysts rated the stock as Sell. Cowen & Co maintained the shares of SLCA in report on Thursday, February 22 with "Outperform" rating. Seaport Global Securities assumed coverage on U.S. Silica in a research note on Friday, December 8th. The stock is now moving below its 20-Day Simple Moving Average of -22.23% with a 50-Day Simple Moving Average of -25.57 percent.

According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 1.23 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell. They issued a "buy" rating and a $52.00 price target for the company. (NYSE:SLCA) presented as an active mover, shares decreased remains unchanged to traded at $25.15 in most recent trading session.

The Company now has ROA (Return on Assets) of 3.1 percent, Return on Equity (ROE) of 5.1 Percent and Return on Investment (ROI) of -0.9% with Gross margin of 28.4 percent and Operating & Profit margin of 10.7% and 6.2% respectively. The company has market cap of $10.08 billion.

Relative strength index (RSI-14) for U.S. Silica Holdings, Inc. The rating was downgraded by DA Davidson on Monday, June 13 to "Neutral". The company reported revenue of $354.02 Million in the same period previous year. Stock buyback programs are often an indication that the company's management believes its shares are undervalued. The company has the market capitalization of $2.04 Billion. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date of this dividend is Wednesday, March 14th.

In other U.S. Silica news, EVP Bradford B. Casper sold 8,700 shares of the firm's stock in a transaction that occurred on Monday, December 18th.

More news: Ohio State 80, IN 78

On 2/1/2017 David D Murry, SVP, sold 5,971 with an average share price of $60.00 per share and the total transaction amounting to $358,260.00. KBC Group NV now owns 644,268 shares of the mining company's stock valued at $20,977,000 after acquiring an additional 286,460 shares in the last quarter. The transaction was disclosed in a document filed with the SEC, which is available through this link. The shares were bought at an average cost of $31.30 per share, with a total value of $125,200.00. Corporate insiders own 1.00% of the company's stock. The disclosure for this sale can be found here. The lowest price the stock reached in the last trading day was $24.92 and compares with the $24.26 52-week low.

Hedge funds and other institutional investors have recently modified their holdings of the stock.

On 11/6/2017 U.S. Silica announced a Quarterly dividend of $0.06 0.72% with an ex dividend date of 12/14/2017 which will be payable on 1/5/2018. The institutional investor owned 229,915 shares of the mining company's stock after selling 40,530 shares during the period. More interesting news about U.S. Silica Holdings, Inc. Diligent Invsts Limited Liability, California-based fund reported 4,229 shares. Allianz Asset Management GmbH lifted its holdings in U.S. Silica by 110.4% during the 3rd quarter. Advantus Management Inc invested in 340,307 shares. Following the purchase, the chief executive officer now directly owns 88,807 shares of the company's stock, valued at approximately $2,779,659.10.

Other large investors have also modified their holdings of the company.

COPYRIGHT VIOLATION WARNING: This piece of content was first posted by Week Herald and is the property of of Week Herald. If you are reading this piece of content on another domain, it was copied illegally and reposted in violation of worldwide copyright laws. The Company operates in two segments: Oil & Gas Proppants, and Industrial & Specialty Products.


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