Here's Why Silica Holdings (SLCA) is a Strong Growth Stock
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why This 1 Growth Stock Should Be On Your Watchlist
Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Silica Holdings (SLCA)
Maryland-based U.S. Silica Holdings, Inc. makes and markets commercial silica, a specialized mineral, to a variety of attractive end markets in the United States. To serve a wide gamut of end markets, U.S. Silica makes and distributes a range of commercial silica products including whole grain and ground products as well as other industrial mineral products that complement its commercial silica products.
SLCA boasts a Growth Style Score of A and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Its bottom-line is projected to rise 23.7% year-over-year for 2023, while Wall Street anticipates its top line to improve by 11.7%.
One analyst revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.10 to $1.46 per share for 2023. SLCA boasts an average earnings surprise of 55.4%.
Silica Holdings is also cash rich. The company has generated cash flow growth of 1.3%, and is expected to report cash flow expansion of 125.9% in 2023.
SLCA should be on investors' short lists because of its impressive growth fundamentals, a good Zacks Rank, and strong Growth and VGM Style Scores.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
U.S. Silica Holdings, Inc. (SLCA) : Free Stock Analysis Report
