Why Silica Holdings (SLCA) is a Top Growth Stock for the Long-Term
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.
Why This 1 Growth Stock Should Be On Your Watchlist
For growth investors, a company's financial strength, overall health, and future outlook take precedence, so they'll want to zero in on the Growth Style Score. This Score examines things like projected and historical earnings, sales, and cash flow to find stocks that will generate 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 is a Zacks Rank #3 (Hold) stock, with a Growth Style Score of A and VGM Score of A. Earnings are expected to grow 45.8% year-over-year for the current fiscal year, with sales growth of 11.8%.
One analyst revised their earnings estimate higher in the last 60 days for fiscal 2023, while the Zacks Consensus Estimate has increased $0.36 to $1.72 per share. SLCA also 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.
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U.S. Silica Holdings, Inc. (SLCA) : Free Stock Analysis Report