USG Co. (USG) Given Average Rating of “Hold” by Brokerages

USG Co. (NYSE:USG) has been given a consensus recommendation of “Hold” by the thirteen analysts that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $42.00.

Separately, Zacks Investment Research cut USG from a “hold” rating to a “sell” rating in a report on Tuesday, October 30th.

In related news, insider Brian J. Cook sold 15,000 shares of USG stock in a transaction on Monday, October 15th. The stock was sold at an average price of $42.85, for a total value of $642,750.00. Following the transaction, the insider now owns 49,070 shares in the company, valued at $2,102,649.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jennifer F. Scanlon sold 32,652 shares of USG stock in a transaction on Tuesday, November 6th. The shares were sold at an average price of $42.52, for a total value of $1,388,363.04. Following the completion of the transaction, the insider now owns 71,666 shares in the company, valued at approximately $3,047,238.32. The disclosure for this sale can be found here. Insiders sold 72,652 shares of company stock worth $3,106,363 in the last quarter. 0.66% of the stock is owned by insiders.

A number of institutional investors have recently modified their holdings of USG. Synovus Financial Corp acquired a new position in USG in the second quarter valued at $129,000. Ancora Advisors LLC acquired a new position in USG in the third quarter valued at $130,000. US Bancorp DE boosted its holdings in USG by 54.8% in the second quarter. US Bancorp DE now owns 4,055 shares of the construction company’s stock valued at $174,000 after acquiring an additional 1,435 shares during the last quarter. People s United Financial Inc. acquired a new position in USG in the third quarter valued at $214,000. Finally, Hartford Investment Management Co. acquired a new position in USG in the second quarter valued at $231,000. Hedge funds and other institutional investors own 81.91% of the company’s stock.

Shares of USG stock traded up $0.03 during mid-day trading on Friday, hitting $43.04. 1,195,137 shares of the company’s stock were exchanged, compared to its average volume of 1,417,526. USG has a fifty-two week low of $32.09 and a fifty-two week high of $43.47. The company has a quick ratio of 1.52, a current ratio of 2.10 and a debt-to-equity ratio of 0.58. The stock has a market capitalization of $6.02 billion, a price-to-earnings ratio of 23.91, a price-to-earnings-growth ratio of 1.04 and a beta of 0.85.

USG (NYSE:USG) last posted its quarterly earnings data on Thursday, October 25th. The construction company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.12). USG had a return on equity of 13.93% and a net margin of 2.75%. The business had revenue of $851.00 million for the quarter, compared to analyst estimates of $850.00 million. As a group, analysts anticipate that USG will post 1.89 earnings per share for the current fiscal year.

USG Company Profile

USG Corporation, through its subsidiaries, manufactures and sells building materials worldwide. The company's Gypsum division manufactures and markets gypsum and related products to construct walls, ceilings, roofs, and floors of residential, commercial, and institutional buildings, as well as for various industrial applications.

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Analyst Recommendations for USG (NYSE:USG)

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