Analysts at Scotia Howard Weil downgraded U.S. Silica Holdings, Inc. (SLCA) from ‘Sector Outperform‘ to ‘Sector Perform‘ in a research report issued to clients on Thursday.
The target price for SLCA is set at $37.
On valuation measures, U.S. Silica Holdings Inc. stock it’s trading at a forward P/E multiple of 21.90x, and at a multiple of 16.88x this year’s estimated earnings. The t-12-month revenue at U.S. Silica Holdings is $876.74 million. SLCA ‘s ROE for the same period is 34.09%.
Shares of the $2.01 billion market cap company are down 12.45% year-over-year ; up 39.91% year-to-date.
SLCA, currently with a median Wall Street price target of $37.00 and a high target of $42.00, rose $1.85 to $37.64 in recent trading.
The chart below shows where the equity has traded over the past 52-weeks.
Cavium, Inc. (CAVM) was reiterated a ‘Buy’ by Canaccord Genuity analysts on Thursday. The broker also cut its price target on the stock to $77 from $81.
CAVM shares recently lost $1.45 to $65.14. In the past 52 weeks, shares of San Jose, California-based developer of semiconductor processors have traded between a low of $38.73 and a high of $74.26. Shares are up 55.88% year-over-year and 7.72% year-to-date.
Stratasys Ltd. (SSYS) was downgraded from ‘Outperform‘ to ‘Sector Perform‘ and the price target was cut to $44 from $82 at RBC Capital Markets. The new PT represents expected downside of 46% from the stock’s current price-per-share.
Shares have traded today between $36.98 and $40.73 with the price of the stock fluctuating between $36.98 to $130.83 over the last 52 weeks.
Stratasys Ltd. shares have a t-12 price/sales ratio of 2.71. EPS for the same period registers at ($2.39).
Shares of SSYS have lost $2.76 to $37.17 in mid-day trading on Thursday, giving it a market cap of $1.89 billion. The stock traded as high as $130.83 in Septemeber 18, 2014.
Iconix Brand Group, Inc. (ICON) was reiterated as ‘Buy’ with a $36 from $44 price target on Thursday by Wunderlich.
ICON shares recently lost 79c to $26.55. The stock is down more than 31% year-over-year and has lost roughly 19% year-to-date. In the past 52 weeks, shares of New York-based brand management company have traded between a low of $24.12 and a high of $44.81.
Iconix Brand Group closed Wednesday at $27.34. The name has a current market cap of $1.27 billion.
Yelp Inc. (YELP) had its rating lowered from ‘Buy‘ to ‘Neutral‘ by analysts at BofA/Merrill (BAC) on Thursday after the review website posted disappointing Q1/15 earnings results. For the period, Yelp reported non-GAAP earnings of $0.10 per share, lower compared to the consensus earnings estimate of a profit of $0.16/sh. The stock has gotten at least three price reductions this morning, from Axiom Capital to $42 from $48, from Deutsche Bank (DB) to $51 from $71, and from UBS to $48 from $51.
YELP was down $12.00 at $39.28 in mid-day trade, moving within a 52-week range of $39.20 to $86.88. The name, valued at $2.93 billion, opened at $41.23. Currently there are 23 analysts that rate YELP a ‘Buy‘, 1 analyst rates it a ‘Sell‘, and 10 rate it a ‘Hold‘.
On valuation measures, Yelp Inc. shares are currently priced at 82.69x this year’s forecasted earnings. Ticker has a t-12 price/sales ratio of 10.12. EPS for the same period registers at $0.48.