USG Co. (NYSE:USG) insider John M. Reale sold 7,535 shares of the business’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $37.89, for a total value of $285,501.15. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
USG Co. (NYSE USG) traded down $0.45 during mid-day trading on Wednesday, reaching $37.71. The company’s stock had a trading volume of 787,100 shares, compared to its average volume of 1,618,204. The company has a quick ratio of 1.73, a current ratio of 2.37 and a debt-to-equity ratio of 0.54. The stock has a market cap of $5,398.67, a price-to-earnings ratio of 22.19, a PEG ratio of 1.91 and a beta of 1.21. USG Co. has a 1-year low of $25.60 and a 1-year high of $38.91.
USG (NYSE:USG) last posted its earnings results on Thursday, October 26th. The construction company reported $0.47 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.47. The business had revenue of $795.00 million during the quarter, compared to analyst estimates of $790.54 million. USG had a return on equity of 12.90% and a net margin of 14.93%. The company’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.46 EPS. sell-side analysts expect that USG Co. will post 1.67 EPS for the current fiscal year.
A number of brokerages recently issued reports on USG. Stifel Nicolaus restated a “hold” rating and issued a $33.00 price objective on shares of USG in a research note on Thursday, October 26th. Bank of America cut USG from a “neutral” rating to an “underperform” rating in a research note on Friday, October 27th. Citigroup boosted their price objective on USG from $34.00 to $37.00 and gave the company a “neutral” rating in a research note on Friday, October 27th. Barclays boosted their price objective on USG from $26.00 to $31.00 and gave the company an “equal weight” rating in a research note on Friday, October 27th. Finally, J P Morgan Chase & Co boosted their price objective on USG from $30.00 to $38.00 and gave the company a “neutral” rating in a research note on Wednesday, November 1st. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $32.77.
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USG 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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