Media stories about US Concrete (NASDAQ:USCR) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. US Concrete earned a news sentiment score of 0.20 on Accern’s scale. Accern also gave news headlines about the construction company an impact score of 45.6855394604447 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news headlines that may have effected Accern Sentiment’s scoring:
- Kevin Kohutek Sells 250 Shares of US Concrete Inc (USCR) Stock (americanbankingnews.com)
- US Concrete Inc (USCR) Receives Average Rating of “Hold” from Brokerages (americanbankingnews.com)
- Insider Selling: US Concrete Inc (USCR) Vice Chairman Sells 9,000 Shares of Stock (americanbankingnews.com)
- US Concrete Inc (USCR) CEO William J. Sandbrook Sells 9,000 Shares (americanbankingnews.com)
- US Concrete Inc (NASDAQ:USCR): Are Analysts Bullish? (finance.yahoo.com)
US Concrete (NASDAQ:USCR) opened at $84.15 on Friday. US Concrete has a one year low of $57.95 and a one year high of $86.35. The company has a quick ratio of 2.12, a current ratio of 2.31 and a debt-to-equity ratio of 2.35. The firm has a market cap of $1,400.00, a price-to-earnings ratio of 112.20, a PEG ratio of 1.88 and a beta of 1.31.
US Concrete (NASDAQ:USCR) last posted its quarterly earnings results on Friday, November 3rd. The construction company reported $0.99 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.46 by ($0.47). US Concrete had a return on equity of 22.33% and a net margin of 0.99%. The company 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 posted $1.19 earnings per share. The company’s revenue was up 7.9% compared to the same quarter last year. research analysts predict that US Concrete will post 3.09 EPS for the current fiscal year.
A number of equities analysts have recently weighed in on the stock. BidaskClub raised shares of US Concrete from a “sell” rating to a “hold” rating in a research note on Wednesday, December 6th. Zacks Investment Research downgraded shares of US Concrete from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 11th. ValuEngine downgraded shares of US Concrete from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. DA Davidson reaffirmed a “buy” rating on shares of US Concrete in a research note on Monday, December 4th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $98.00 price target on shares of US Concrete in a research note on Thursday, September 28th. 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 company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $89.00.
In other US Concrete news, VP Mark Baker Peabody sold 1,000 shares of the stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $77.40, for a total transaction of $77,400.00. Following the transaction, the vice president now directly owns 25,263 shares of the company’s stock, valued at $1,955,356.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Colin Mcgill Sutherland sold 1,400 shares of the stock in a transaction on 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 76,504 shares of company stock worth $6,242,367 over the last three months. Company insiders own 5.90% of the company’s stock.
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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