U S Concrete (USCR) Earning Somewhat Favorable Press Coverage, Study Finds

Press coverage about U S Concrete (NASDAQ:USCR) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. U S Concrete earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave news articles about the construction company an impact score of 46.6084592714701 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:

U S Concrete (USCR) opened at $81.60 on Thursday. U S Concrete has a 52-week low of $57.95 and a 52-week high of $84.60. The company has a debt-to-equity ratio of 2.35, a current ratio of 2.31 and a quick ratio of 2.12. The stock has a market cap of $1,387.72, a PE ratio of 28.06, a P/E/G ratio of 2.68 and a beta of 1.31.

U S Concrete (NASDAQ:USCR) last posted its quarterly earnings results 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). U S Concrete had a return on equity of 22.33% and a net margin of 0.99%. The business had revenue of $354.60 million during the quarter, compared to analyst estimates of $364.16 million. During the same period last year, the company earned $1.19 EPS. The business’s revenue for the quarter was up 7.9% on a year-over-year basis. analysts expect that U S Concrete will post 3.11 EPS for the current fiscal year.

USCR has been the subject of a number of research analyst reports. Stifel Nicolaus reaffirmed a “buy” rating and set a $98.00 price objective on shares of U S Concrete in a research report on Thursday, September 28th. ValuEngine raised shares of U S Concrete from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Zacks Investment Research raised shares of U S Concrete from a “hold” rating to a “buy” rating and set a $86.00 price objective for the company in a research report on Tuesday, August 15th. Citigroup increased their price target on shares of U S Concrete to $92.00 and gave the stock a “buy” rating in a research report on Wednesday, August 9th. Finally, DA Davidson reissued a “buy” rating on shares of U S Concrete in a research report on Monday. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. U S Concrete has an average rating of “Hold” and a consensus price target of $89.00.

In other U S Concrete news, Director Kurt Matthew Cellar sold 10,060 shares of the company’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $80.11, for a total transaction of $805,906.60. Following the sale, the director now directly owns 40,081 shares of the company’s stock, valued at $3,210,888.91. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Colin Mcgill Sutherland sold 1,400 shares of the company’s stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $83.28, for a total transaction of $116,592.00. The disclosure for this sale can be found here. Insiders have sold 32,954 shares of company stock worth $2,648,939 over the last ninety days. Insiders own 5.90% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for U S Concrete (NASDAQ:USCR)

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