U.S. Silica Holdings (NYSE:SLCA) has an average broker rating of 1.86, which is interpreted as a Buy, as rated by 14 equity analysts. Nonetheless, 7 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 1, which is also a Strong Buy.
U.S. Silica Holdings (NYSE:SLCA) stock is expected to deviate a maximum of $6.66 from the average target price of $31.71 for the short term period. 12 Street Experts have initiated coverage on the stock with the most promising target being $42 and the most muted being $19.
For the current week, the company shares have a recommendation consensus of Buy. Also, DA Davidson downgrades their rating on the shares of U.S. Silica Holdings (NYSE:SLCA). The current rating of the shares is Neutral. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on June 13, 2016.
U.S. Silica Holdings (NYSE:SLCA): stock turned positive on Tuesday. Though the stock opened at $31.63, the bulls momentum made the stock top out at $32.56 level for the day. The stock recorded a low of $31.63 and closed the trading day at $32.46, in the green by 5.49%. The total traded volume for the day was 2,062,105. The stock had closed at $30.77 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Avramovich Daniel W, director of U.S. Silica Holdings, Inc., had unloaded 10,000 shares at an average price of $19.49 in a transaction dated on November 18, 2015. The total value of the transaction was worth $194,900.
U.S. Silica Holdings, Inc. (U.S. Silica) is a domestic producer of commercial silica, a specialized mineral that is a critical input into a variety of end markets. The Company operates in two segments: Oil & Gas Proppants and Industrial & Specialty Products. In the Oil & Gas Proppants segment, the Company serves the oil and gas recovery market providing fracturing sand, or frac sand. The Industrial & Specialty Products segment consists of over 250 products and materials. The Company operates approximately 17 production facilities across the United States and controlled 363 million tons of reserves, including approximately 179 million tons of reserves that can be processed to meet the American Petroleum Institute (API) frac sand size specifications. The Company produces a range of frac sand sizes and delivers API grade frac sand to the United States shale basins.