U.S. Silica (SLCA) Scheduled to Post Quarterly Earnings on Friday

U.S. Silica (NYSE:SLCA) is set to issue its quarterly earnings data before the market opens on Friday, April 26th. Analysts expect the company to announce earnings of $0.20 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

U.S. Silica (NYSE:SLCA) last released its earnings results on Tuesday, February 27th. The mining company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.25 by $0.03. U.S. Silica had a net margin of 9.47% and a return on equity of 18.56%. The company had revenue of $336.00 million during the quarter, compared to analysts’ expectations of $343.72 million. During the same quarter last year, the business earned $0.43 EPS. The business’s revenue was down 18.6% on a year-over-year basis. On average, analysts expect U.S. Silica to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

U.S. Silica Stock Up 1.0 %

SLCA stock opened at $12.68 on Friday. U.S. Silica has a one year low of $10.09 and a one year high of $14.64. The stock has a market capitalization of $990.18 million, a PE ratio of 6.78 and a beta of 2.23. The company has a debt-to-equity ratio of 0.96, a quick ratio of 2.43 and a current ratio of 3.23. The company has a fifty day moving average of $12.01 and a 200-day moving average of $11.66.

Insider Transactions at U.S. Silica

In other news, EVP James Derek Ussery sold 46,433 shares of the firm’s stock in a transaction on Wednesday, April 3rd. The shares were sold at an average price of $14.00, for a total value of $650,062.00. Following the completion of the sale, the executive vice president now owns 174,772 shares in the company, valued at approximately $2,446,808. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, EVP Stacy Russell sold 20,000 shares of the firm’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $12.00, for a total value of $240,000.00. Following the completion of the sale, the executive vice president now owns 186,752 shares in the company, valued at $2,241,024. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP James Derek Ussery sold 46,433 shares of the firm’s stock in a transaction dated Wednesday, April 3rd. The shares were sold at an average price of $14.00, for a total transaction of $650,062.00. Following the completion of the sale, the executive vice president now owns 174,772 shares of the company’s stock, valued at approximately $2,446,808. The disclosure for this sale can be found here. Company insiders own 3.70% of the company’s stock.

Institutional Trading of U.S. Silica

Several hedge funds and other institutional investors have recently made changes to their positions in SLCA. Credit Suisse AG raised its position in U.S. Silica by 1.8% during the third quarter. Credit Suisse AG now owns 58,148 shares of the mining company’s stock worth $637,000 after acquiring an additional 1,030 shares during the last quarter. ProShare Advisors LLC grew its holdings in shares of U.S. Silica by 9.6% during the second quarter. ProShare Advisors LLC now owns 11,821 shares of the mining company’s stock worth $143,000 after buying an additional 1,032 shares in the last quarter. Bank of Montreal Can grew its holdings in shares of U.S. Silica by 5.4% during the first quarter. Bank of Montreal Can now owns 20,911 shares of the mining company’s stock worth $379,000 after buying an additional 1,076 shares in the last quarter. Public Employees Retirement Association of Colorado grew its holdings in shares of U.S. Silica by 14.2% during the fourth quarter. Public Employees Retirement Association of Colorado now owns 9,488 shares of the mining company’s stock worth $107,000 after buying an additional 1,181 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in shares of U.S. Silica by 11.1% during the second quarter. PNC Financial Services Group Inc. now owns 11,954 shares of the mining company’s stock worth $145,000 after buying an additional 1,190 shares in the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

About U.S. Silica

U.S. Silica Holdings, Inc produces and sells commercial silica in the United States. It operates through two segments: Oil & Gas Proppants and Industrial & Specialty Products. The company offers whole grain commercial silica products to be used as frac for oil and natural gas recovery, as well as sells its whole grain silica products for the manufacturing of glass products.