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

U.S. Silica (NYSE:SLCA) is scheduled to announce its earnings results before the market opens on Friday, April 26th. Analysts expect the company to announce earnings of $0.20 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

U.S. Silica (NYSE:SLCA) last issued its quarterly earnings data on Tuesday, February 27th. The mining company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.03. The business had revenue of $336.00 million during the quarter, compared to the consensus estimate of $343.72 million. U.S. Silica had a net margin of 9.47% and a return on equity of 18.56%. The company’s revenue was down 18.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.43 EPS. 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 %

Shares of NYSE:SLCA opened at $12.68 on Friday. The firm has a 50 day simple moving average of $12.01 and a 200-day simple moving average of $11.66. The company has a market capitalization of $990.18 million, a PE ratio of 6.78 and a beta of 2.23. U.S. Silica has a twelve month low of $10.09 and a twelve month high of $14.64. The company has a current ratio of 3.23, a quick ratio of 2.43 and a debt-to-equity ratio of 0.96.

Insider Buying and Selling at U.S. Silica

In other news, EVP James Derek Ussery sold 46,433 shares of the company’s stock in a transaction on Wednesday, April 3rd. The shares were sold at an average price of $14.00, for a total transaction of $650,062.00. Following the transaction, the executive vice president now directly owns 174,772 shares of the company’s stock, valued at approximately $2,446,808. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, EVP James Derek Ussery sold 46,433 shares of the business’s stock in a transaction dated Wednesday, April 3rd. The shares were sold at an average price of $14.00, for a total value of $650,062.00. Following the sale, the executive vice president now directly owns 174,772 shares in the company, valued at approximately $2,446,808. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Stacy Russell sold 20,000 shares of the business’s stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $12.00, for a total transaction 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 disclosure for this sale can be found here. 3.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On U.S. Silica

Several institutional investors have recently made changes to their positions in the company. Millennium Management LLC raised its stake in shares of U.S. Silica by 214.1% in the 2nd quarter. Millennium Management LLC now owns 1,109,860 shares of the mining company’s stock valued at $12,675,000 after acquiring an additional 756,500 shares in the last quarter. Wellington Management Group LLP raised its stake in shares of U.S. Silica by 2,504.6% in the 1st quarter. Wellington Management Group LLP now owns 695,100 shares of the mining company’s stock valued at $8,299,000 after acquiring an additional 668,413 shares in the last quarter. BlackRock Inc. raised its stake in shares of U.S. Silica by 3.9% in the 2nd quarter. BlackRock Inc. now owns 14,569,371 shares of the mining company’s stock valued at $176,726,000 after acquiring an additional 549,710 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of U.S. Silica by 13.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,437,247 shares of the mining company’s stock valued at $52,980,000 after acquiring an additional 529,894 shares in the last quarter. Finally, Invesco Ltd. raised its stake in shares of U.S. Silica by 52.4% in the 1st quarter. Invesco Ltd. now owns 1,478,513 shares of the mining company’s stock valued at $27,589,000 after acquiring an additional 508,648 shares in the last quarter. 87.77% of the stock is currently owned by institutional investors and hedge funds.

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.