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Zacks says buy U.S. Silica Holdings

The company has received a consensus broker rating score of 1.60 (Buy) from the fifteen brokers that provide coverage for the stock, Zacks Investment Research reports.

Four research analysts have rated the stock with a hold recommendation, one has given a buy recommendation and ten have assigned a strong buy recommendation to the company. U.S. Silica Holdings’ rating score has improved by 6.4% in the last three months as a result of a number of analysts’ upgrades and downgrades.

Analysts have set a 12-month consensus target price of $38.70 for the company and are predicting that the company will post $0.09 EPS for the current quarter, according to Zacks. Zacks has also assigned U.S. Silica Holdings an industry rank of 224 out of 265 based on the ratings given to related companies.

Several analysts have recently commented on the stock. Analysts at Simmons & Company upgraded shares of U.S. Silica Holdings from a “neutral” rating to an “overweight” rating in a research note on Tuesday, June 23rd. Analysts at Simmons upgraded shares of U.S. Silica Holdings from a “neutral” rating to an “overweight” rating in a research note on Tuesday, June 23rd. Finally, analysts at Vetr downgraded shares of U.S. Silica Holdings from a “buy” rating to a “hold” rating and set a $53.72 price target on the stock in a research note on Wednesday, June 10th.

Shares of U.S. Silica Holdings (NYSE:SLCA) opened at 26.14 on Thursday. U.S. Silica Holdings has a 1-year low of $22.71 and a 1-year high of $73.43. The stock has a 50-day moving average of $30.59 and a 200-day moving average of $31.12. The company has a market cap of $1.40 billion and a P/E ratio of 12.10.

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