While U.S. Silica Holdings Inc has overperformed by 1.86%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, SLCA fell by -13.60%, with highs and lows ranging from $14.64 to $10.09, whereas the simple moving average fell by -4.62% in the last 200 days.
On April 03, 2023, Barclays Upgraded U.S. Silica Holdings Inc (NYSE: SLCA) to Equal Weight. A report published by Morgan Stanley on July 13, 2022, Upgraded its rating to ‘Equal-Weight’ for SLCA. Evercore ISI also Upgraded SLCA shares as ‘Outperform’, setting a target price of $20 on the company’s shares in a report dated June 14, 2022. Barclays May 28, 2021d its ‘Equal Weight’ rating to ‘Underweight’ for SLCA, as published in its report on May 28, 2021. Citigroup also rated the stock as ‘Neutral’.
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Analysis of U.S. Silica Holdings Inc (SLCA)
Further, the quarter-over-quarter decrease in sales is -18.62%, showing a negative trend in the upcoming months.
To gain a thorough understanding of U.S. Silica Holdings Inc’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 19.01% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.43, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and SLCA is recording an average volume of 870.27K. Furthermore, long-term investors anticipate a median target price of $15.17, showing growth from the present price of $11.50, which can serve as yet another indication of whether SLCA is worth investing in or should be passed over.
How Do You Analyze U.S. Silica Holdings Inc Shares?
A leading company in the Oil & Gas Equipment & Services sector, U.S. Silica Holdings Inc (SLCA) is based in the USA. When comparing U.S. Silica Holdings Inc shares with other companies under Energy, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 6.14, there is a growth in quarterly earnings of -8.77%.
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 4.67%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 88.66% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
SLCA shares are owned by institutional investors to the tune of 88.66% at present.
