Alert: New Earnings Report (2/27/24)-U S Silica Holdings Inc (NYSE: SLCA).

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U S Silica Holdings Inc (NYSE: SLCA) has reported earnings for its fourth fiscal quarter (ending December 31) of $0.38 versus $0.42 for the same period a year ago — a decline of -10%. Relative to the consensus estimate of $0.25, this was a premium of $0.13. For the latest four quarters through December 31, E.P.S. were $1.91 compared to $1.04 a year ago — an increase of 84%.

Recent Price Action

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On 2/27/24, U S Silica Holdings Inc (NYSE: SLCA) stock enjoyed a major increase of 10.3%, closing at $11.80. Moreover, trading volume in this advance was exceptionally high at 273% of normal. Relative to the market the stock has been weak over the last nine months but has risen 9.5% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, SLCA is expected to continue to be an important Value Builder.

U S Silica Holdings has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. U S Silica Holdings has a neutral Appreciation Score of 56 but a poor Power Rating of 15, resulting in the Negative Value Trend Rating.

Rating Review

In light of this new information and very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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