Short Term Rating on U.S. Silica Holdings (SLCA)

U.S. Silica Holdings (SLCA) : The consensus on U.S. Silica Holdings (SLCA) based on 14 analyst recommendation on the company stock is 1.71, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 1 which endorses a Strong Buy on the stock. However, 8 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

U.S. Silica Holdings (SLCA) : 12 Wall Street analysts covering U.S. Silica Holdings (SLCA) believe that the average level the stock could reach for the short term is $32.54. The maximum price target given is $47 and the minimum target for short term is around $19, hence the standard deviation is calculated at $7.89.

For the current week, the company shares have a recommendation consensus of Buy.


U.S. Silica Holdings (NYSE:SLCA): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $35.78 and $35.72 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $36.50. The buying momentum continued till the end and the stock did not give up its gains. It closed at $35.75, notching a gain of 2.44% for the day. The total traded volume was 1,026,448 . The stock had closed at $34.90 on the previous day.

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.

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