News coverage about U S Concrete (NASDAQ:USCR) has been trending somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. U S Concrete earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned headlines about the construction company an impact score of 46.0607510970666 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s rankings:
- U S Concrete, Inc. (USCR) Director Colin Mcgill Sutherland Sells 1,400 Shares (americanbankingnews.com)
- U S Concrete, Inc. (USCR) VP Sells $16,110.00 in Stock (americanbankingnews.com)
- U S Concrete, Inc. (USCR) Director Sells $805,906.60 in Stock (americanbankingnews.com)
- Insider Selling: U S Concrete, Inc. (USCR) EVP Sells 20,644 Shares of Stock (americanbankingnews.com)
- Q1 2018 EPS Estimates for U S Concrete, Inc. Decreased by DA Davidson (USCR) (americanbankingnews.com)
U S Concrete (NASDAQ USCR) opened at $83.45 on Wednesday. The stock has a market capitalization of $1,387.72, a P/E ratio of 28.06, a price-to-earnings-growth ratio of 2.68 and a beta of 1.31. U S Concrete has a twelve month low of $57.95 and a twelve month high of $84.60. The company has a current ratio of 2.31, a quick ratio of 2.12 and a debt-to-equity ratio of 2.35.
U S Concrete (NASDAQ:USCR) last issued its earnings results on Friday, November 3rd. The construction company reported $0.99 earnings per share for the quarter, missing analysts’ consensus estimates of $1.46 by ($0.47). U S Concrete had a return on equity of 22.33% and a net margin of 0.99%. The firm had revenue of $354.60 million for the quarter, compared to analyst estimates of $364.16 million. During the same period in the previous year, the company earned $1.19 earnings per share. U S Concrete’s revenue for the quarter was up 7.9% compared to the same quarter last year. sell-side analysts anticipate that U S Concrete will post 3.11 earnings per share for the current fiscal year.
Several research analysts have commented on USCR shares. Stifel Nicolaus reissued a “buy” rating and set a $98.00 target price on shares of U S Concrete in a research note on Thursday, September 28th. ValuEngine upgraded U S Concrete from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Zacks Investment Research upgraded U S Concrete from a “hold” rating to a “buy” rating and set a $86.00 price target on the stock in a report on Tuesday, August 15th. Citigroup boosted their price target on U S Concrete to $92.00 and gave the stock a “buy” rating in a report on Wednesday, August 9th. Finally, DA Davidson reiterated a “buy” rating on shares of U S Concrete in a report on Monday. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $89.00.
In other news, Director Colin Mcgill Sutherland sold 1,400 shares of the firm’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of $83.28, for a total transaction of $116,592.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Niel L. Poulsen sold 20,644 shares of the firm’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $80.42, for a total value of $1,660,190.48. Following the sale, the executive vice president now directly owns 16,665 shares of the company’s stock, valued at $1,340,199.30. The disclosure for this sale can be found here. Insiders sold a total of 32,954 shares of company stock valued at $2,648,939 over the last three months. 5.90% of the stock is currently owned by insiders.
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U S Concrete Company Profile
U.S. Concrete, Inc is a producer of ready-mixed concrete in select geographic markets in the United States. The Company conducts its operations through two business segments: ready-mixed concrete and aggregate products. The ready-mixed concrete segment engages principally in the formulation, production and delivery of ready-mixed concrete to its customers’ job sites.
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