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Why Silica Holdings (SLCA) is a Top Growth Stock for the Long-Term

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.

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

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.

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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 52.5% year-over-year for 2023, while Wall Street anticipates its top line to improve by 12.5%.

Two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.34 to $1.80 per share for 2023. SLCA boasts an average earnings surprise of 40.2%.

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

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Zacks Investment Research