Media stories about US Concrete (NASDAQ:USCR) have trended somewhat positive this week, Accern reports. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. US Concrete earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave headlines about the construction company an impact score of 45.5868803087292 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
US Concrete (USCR) opened at $81.70 on Monday. The stock has a market capitalization of $1,360.22, a price-to-earnings ratio of 115.07, a price-to-earnings-growth ratio of 1.84 and a beta of 1.32. The company has a debt-to-equity ratio of 2.35, a current ratio of 2.31 and a quick ratio of 2.12. US Concrete has a 52-week low of $57.95 and a 52-week high of $86.35.
US Concrete (NASDAQ:USCR) last released its quarterly earnings data on Friday, November 3rd. The construction company reported $0.99 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.46 by ($0.47). The business had revenue of $354.60 million during the quarter, compared to analysts’ expectations of $364.16 million. US Concrete had a return on equity of 22.33% and a net margin of 0.99%. The company’s revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.19 EPS. equities analysts expect that US Concrete will post 3.09 EPS for the current fiscal year.
USCR has been the subject of several analyst reports. ValuEngine cut US Concrete from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Stifel Nicolaus reiterated a “buy” rating and issued a $98.00 price objective on shares of US Concrete in a research report on Thursday, September 28th. Zacks Investment Research cut US Concrete from a “hold” rating to a “sell” rating in a research report on Saturday, November 4th. DA Davidson reiterated a “buy” rating on shares of US Concrete in a research report on Monday, December 4th. Finally, BidaskClub upgraded US Concrete from a “sell” rating to a “hold” rating in a research report on Wednesday, December 6th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. US Concrete currently has an average rating of “Buy” and a consensus target price of $89.00.
In other US Concrete news, EVP Niel L. Poulsen sold 20,644 shares of the company’s stock in a transaction on Friday, December 1st. The stock was 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 owns 16,665 shares of the company’s stock, valued at $1,340,199.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Mark Baker Peabody sold 1,000 shares of the company’s stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $77.40, for a total value of $77,400.00. Following the completion of the sale, the vice president now directly owns 25,263 shares in the company, valued at approximately $1,955,356.20. The disclosure for this sale can be found here. Insiders sold 76,504 shares of company stock valued at $6,242,367 in the last quarter. 5.90% of the stock is currently owned by company insiders.
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US 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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