U S Concrete, Inc. (NASDAQ:USCR) EVP Niel L. Poulsen sold 20,644 shares of U S Concrete stock in a transaction on Friday, December 1st. The stock was sold at an average price of $80.42, for a total transaction of $1,660,190.48. Following the completion of the transaction, the executive vice president now owns 16,665 shares in the company, valued at approximately $1,340,199.30. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

U S Concrete, Inc. (NASDAQ USCR) traded up $3.25 during trading hours on Tuesday, reaching $83.35. 511,400 shares of the company traded hands, compared to its average volume of 328,904. U S Concrete, Inc. has a 1-year low of $57.95 and a 1-year high of $83.85. 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 company has a market capitalization of $1,333.61, a price-to-earnings ratio of 26.97, a P/E/G ratio of 2.58 and a beta of 1.31.

U S Concrete (NASDAQ:USCR) last posted its quarterly earnings data on Friday, November 3rd. The construction company reported $0.99 EPS for the quarter, missing the 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 for the quarter, compared to the consensus estimate of $364.16 million. During the same period in the previous year, the firm earned $1.19 EPS. The company’s revenue was up 7.9% on a year-over-year basis. analysts anticipate that U S Concrete, Inc. will post 3.11 earnings per share for the current year.

Large investors have recently bought and sold shares of the stock. BlackRock Inc. raised its holdings in U S Concrete by 4.9% in the second quarter. BlackRock Inc. now owns 1,825,946 shares of the construction company’s stock worth $143,428,000 after buying an additional 85,391 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of U S Concrete by 3.1% during the third quarter. Bank of New York Mellon Corp now owns 930,728 shares of the construction company’s stock valued at $71,015,000 after purchasing an additional 27,548 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of U S Concrete by 1.8% during the second quarter. Vanguard Group Inc. now owns 793,426 shares of the construction company’s stock valued at $62,323,000 after purchasing an additional 13,675 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of U S Concrete by 1.8% during the third quarter. Dimensional Fund Advisors LP now owns 565,727 shares of the construction company’s stock valued at $43,165,000 after purchasing an additional 10,227 shares during the last quarter. Finally, Janus Henderson Group PLC purchased a new position in shares of U S Concrete during the second quarter valued at approximately $44,346,000.

A number of equities analysts recently commented on USCR shares. Stifel Nicolaus reiterated a “buy” rating and issued a $98.00 target price on shares of U S Concrete in a research report on Thursday, September 28th. ValuEngine upgraded shares of U S Concrete from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Zacks Investment Research upgraded shares of U S Concrete from a “hold” rating to a “buy” rating and set a $86.00 target price on the stock in a research report on Tuesday, August 15th. Citigroup raised their price target on shares of U S Concrete to $92.00 and gave the stock a “buy” rating in a report on Wednesday, August 9th. Finally, DA Davidson reaffirmed a “buy” rating on shares of U S Concrete in a research note on Monday. One equities research 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. The company currently has a consensus rating of “Hold” and a consensus price target of $89.00.

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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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