U.S. Silica Holdings Inc Unusual Bullish Options Activity Means Profits for Traders

 U.S. Silica Holdings Inc Unusual Bullish Options Activity Means Profits for Traders

In today’s session U.S. Silica Holdings Inc (SLCA) registered an unusually high (525) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious SLCA increase. With 525 contracts traded and 13774 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: SLCA161216C00050000 closed last at: $2.9 or 3.6% up. About 267,393 shares traded hands. U.S. Silica Holdings Inc (NYSE:SLCA) has risen 132.03% since March 4, 2016 and is uptrending. It has outperformed by 123.99% the S&P500.

Analysts await U.S. Silica Holdings Inc (NYSE:SLCA) to report earnings on October, 25. They expect $-0.19 EPS, down 375.00% or $0.15 from last year’s $-0.04 per share. After $-0.17 actual EPS reported by U.S. Silica Holdings Inc for the previous quarter, Wall Street now forecasts 11.76% negative EPS growth.

U.S. Silica Holdings Inc (NYSE:SLCA) Ratings Coverage

Out of 15 analysts covering U.S. Silica (NYSE:SLCA), 13 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 87% are positive. $56 is the highest target while $14 is the lowest. The $30.87 average target is -35.86% below today’s ($48.13) stock price. U.S. Silica has been the topic of 40 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The stock of U.S. Silica Holdings Inc (NYSE:SLCA) has “Buy” rating given on Monday, December 7 by DA Davidson. RBC Capital Markets downgraded it to “Sector Perform” rating and $20 target price in Friday, September 18 report. The company was upgraded on Wednesday, October 28 by Guggenheim. The firm earned “Buy” rating on Wednesday, January 13 by Suntrust Robinson. On Monday, May 23 the stock rating was upgraded by RBC Capital Markets to “Outperform”. The stock of U.S. Silica Holdings Inc (NYSE:SLCA) earned “Neutral” rating by DA Davidson on Monday, June 13. The company was maintained on Friday, September 23 by RBC Capital Markets. The stock of U.S. Silica Holdings Inc (NYSE:SLCA) has “Sector Perform” rating given on Wednesday, February 24 by RBC Capital Markets. The stock of U.S. Silica Holdings Inc (NYSE:SLCA) has “Outperform” rating given on Thursday, April 28 by Cowen & Co. The stock has “Underperform” rating given by Jefferies on Friday, September 11.

According to Zacks Investment Research, “U.S. Silica Holdings, Inc. is a producer of industrial minerals, including sand proppants, whole grain silica, ground silica, fine ground silica, calcined kaolin clay and aplite clay. The company also operates as a research and development specialist for customized products and solutions. The industries and applications served by U.S. Silica includes oil and gas, glass, chemicals, foundry, building products, fillers and extenders, recreation, industrial filtration and treatment, and testing and analysis. U.S. Silica Holdings, Inc. is headquartered in Frederick, Maryland.”

U.S. Silica Holdings, Inc. is a domestic producer of commercial silica, a specialized mineral that is an input into a range of end markets. The company has a market cap of $3.13 billion. The Firm operates in two divisions: Oil & Gas Proppants, and Industrial & Specialty Products. It currently has negative earnings. In the Oil & Gas Proppants segment, the Company serves the gas and oil recovery market providing fracturing sand, or frac sand.

SLCA Company Profile

U.S. Silica Holdings, Inc. (U.S. Silica), incorporated on November 14, 2008, is a domestic producer of commercial silica, a specialized mineral that is an input into a range of end markets. The Firm operates in two divisions: Oil & Gas Proppants, and Industrial & Specialty Products. In its end market, gas and oil proppants, its frac sand is used to stimulate and maintain the flow of hydrocarbons in oil and natural gas wells. The Company’s silica is also used as an irreplaceable raw material in a range of industrial applications, including glassmaking and chemical manufacturing. The Firm operates approximately 20 production facilities across the United States and controls over 400 million tons of reserves, including approximately 222 million tons of reserves that can be processed to meet the American Petroleum Institute (API) frac sand size specifications. The Firm produces and sells a range of commercial silica products, including whole grain and ground products, as well as other industrial mineral products.

More notable recent U.S. Silica Holdings Inc (NYSE:SLCA) news were published by: Prnewswire.com which released: “U.S. Silica to Acquire Logistics Solutions Provider Sandbox Enterprises” on August 02, 2016, also Prnewswire.com with their article: “U.S. Silica to Acquire Regional Frac Sand Producer for $210 million” published on July 18, 2016, Prnewswire.com published: “U.S. Silica Completes Acquisition of NBR Sand” on August 17, 2016. More interesting news about U.S. Silica Holdings Inc (NYSE:SLCA) were released by: Forbes.com and their article: “Ex-Dividend Reminder: Albemarle, US Silica Holdings and EnCana” published on September 09, 2016 as well as Fool.com‘s news article titled: “US Silica Holdings’ Earnings Held Few Surprises, but Management Is Making Big …” with publication date: August 03, 2016.

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