Press coverage about USG Corporation (NYSE:USG) has trended somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. USG Corporation earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave media coverage about the construction company an impact score of 48.0042167270259 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of USG Corporation (USG) traded up $0.45 during mid-day trading on Friday, hitting $33.91. 1,818,600 shares of the stock traded hands, compared to its average volume of 1,660,380. USG Corporation has a one year low of $25.60 and a one year high of $35.02. The firm has a market cap of $4,733.74, a price-to-earnings ratio of 19.45, a price-to-earnings-growth ratio of 1.67 and a beta of 1.17. The company has a quick ratio of 1.73, a current ratio of 2.37 and a debt-to-equity ratio of 0.54.
USG Corporation (NYSE:USG) last announced its quarterly earnings results on Thursday, October 26th. The construction company reported $0.47 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.47. The company had revenue of $795.00 million during the quarter, compared to analyst estimates of $790.54 million. USG Corporation had a net margin of 14.93% and a return on equity of 12.90%. The firm’s revenue was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.46 EPS. sell-side analysts predict that USG Corporation will post 1.67 earnings per share for the current year.
A number of equities analysts have recently commented on the company. TheStreet lowered USG Corporation from a “b” rating to a “c+” rating in a research note on Thursday, August 17th. Barclays PLC lifted their target price on USG Corporation from $26.00 to $31.00 and gave the stock an “equal weight” rating in a research report on Friday, October 27th. SunTrust Banks, Inc. downgraded USG Corporation from a “buy” rating to a “hold” rating and set a $33.00 target price on the stock. in a research report on Monday, October 2nd. They noted that the move was a valuation call. Bank of America Corporation downgraded USG Corporation from a “neutral” rating to an “underperform” rating in a research report on Friday, October 27th. Finally, J P Morgan Chase & Co lifted their target price on USG Corporation from $30.00 to $38.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 1st. Four research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have given a buy rating to the stock. USG Corporation currently has an average rating of “Hold” and an average price target of $32.07.
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In other news, insider Brian J. Cook sold 30,000 shares of the stock in a transaction dated Tuesday, October 31st. The shares were sold at an average price of $34.58, for a total transaction of $1,037,400.00. Following the completion of the transaction, the insider now directly owns 84,538 shares in the company, valued at approximately $2,923,324.04. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Dominic A. Dannessa sold 5,000 shares of the stock in a transaction dated Friday, September 8th. The stock was sold at an average price of $32.41, for a total transaction of $162,050.00. Following the transaction, the insider now owns 61,713 shares of the company’s stock, valued at $2,000,118.33. The disclosure for this sale can be found here. 0.67% of the stock is currently owned by corporate insiders.
USG Corporation Company Profile
USG Corporation, through its subsidiaries, is a manufacturer and distributor of building materials. The Company’s segments include Gypsum, Ceilings and USG Boral Building Products (UBBP). It produces a range of products for use in new residential, new nonresidential, and residential and nonresidential repair and remodel construction, as well as products used in certain industrial processes.
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