U.S. Silica (SLCA) to Release Earnings on Friday

U.S. Silica (NYSE:SLCA - Get Free Report) 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 registering for the company's conference call can do so using this link.

U.S. Silica (NYSE:SLCA - Get Free Report) last issued its quarterly earnings data on Tuesday, February 27th. The mining company reported $0.28 earnings per share (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 for the quarter, compared to the consensus estimate of $343.72 million. During the same period last year, the firm posted $0.43 EPS. U.S. Silica's revenue for the quarter 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 Performance

U.S. Silica stock traded up $0.14 during midday trading on Friday, hitting $12.82. 897,671 shares of the company's stock were exchanged, compared to its average volume of 842,814. U.S. Silica has a 12-month low of $10.09 and a 12-month high of $14.64. 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 stock has a market cap of $1.00 billion, a price-to-earnings ratio of 6.86 and a beta of 2.23. The firm's 50 day simple moving average is $12.06 and its 200 day simple moving average is $11.66.

Insider Activity at U.S. Silica

In other U.S. Silica 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 transaction of $240,000.00. Following the completion of the transaction, the executive vice president now directly owns 186,752 shares in the company, valued at approximately $2,241,024. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, EVP James Derek Ussery sold 46,433 shares of U.S. Silica 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 directly owns 174,772 shares in the company, valued at $2,446,808. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Stacy Russell sold 20,000 shares of U.S. Silica 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 sale, the executive vice president now owns 186,752 shares of the company's stock, valued at $2,241,024. The disclosure for this sale can be found here. Company insiders own 3.70% of the company's stock.

Hedge Funds Weigh In On U.S. Silica

Several institutional investors and hedge funds have recently bought and sold shares of SLCA. Vanguard Group Inc. grew its stake in U.S. Silica by 2.7% during the fourth quarter. Vanguard Group Inc. now owns 7,032,533 shares of the mining company's stock worth $79,538,000 after buying an additional 185,659 shares during the period. Price T Rowe Associates Inc. MD grew its stake in U.S. Silica by 15.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 37,916 shares of the mining company's stock worth $429,000 after buying an additional 5,054 shares during the period. Barclays PLC grew its stake in U.S. Silica by 120.4% during the fourth quarter. Barclays PLC now owns 165,285 shares of the mining company's stock worth $1,868,000 after buying an additional 90,285 shares during the period. Prelude Capital Management LLC purchased a new stake in U.S. Silica during the fourth quarter worth approximately $126,000. Finally, Public Sector Pension Investment Board grew its stake in U.S. Silica by 68.0% during the fourth quarter. Public Sector Pension Investment Board now owns 160,109 shares of the mining company's stock worth $1,811,000 after buying an additional 64,793 shares during the period. 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.