U S Concrete, Inc. (NASDAQ:USCR) Director Colin Mcgill Sutherland sold 1,400 shares of U S Concrete 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

U S Concrete, Inc. (NASDAQ:USCR) traded up $0.10 during trading hours on Tuesday, hitting $83.45. 419,360 shares of the stock traded hands, compared to its average volume of 329,290. U S Concrete, Inc. has a one year low of $57.95 and a one year high of $84.60. The company has a debt-to-equity ratio of 2.35, a quick ratio of 2.12 and a current ratio of 2.31. The company has a market cap of $1,333.61, a P/E ratio of 26.97, a price-to-earnings-growth 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 earnings per share (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 company had revenue of $354.60 million for the quarter, compared to the consensus estimate of $364.16 million. During the same quarter in the previous year, the firm posted $1.19 EPS. The business’s revenue for the quarter was up 7.9% compared to the same quarter last year. research analysts forecast that U S Concrete, Inc. will post 3.11 EPS for the current fiscal year.

Several research analysts have recently issued reports on the stock. Citigroup boosted their price objective on shares of U S Concrete to $92.00 and gave the stock a “buy” rating in a report on Wednesday, August 9th. Zacks Investment Research upgraded shares of U S Concrete from a “hold” rating to a “buy” rating and set a $86.00 price objective on the stock in a report on Tuesday, August 15th. DA Davidson restated a “buy” rating on shares of U S Concrete in a report on Monday. ValuEngine downgraded shares of U S Concrete from a “buy” rating to a “hold” rating in a report on Friday. Finally, Stifel Nicolaus restated a “buy” rating and set a $98.00 price objective on shares of U S Concrete in a report on Thursday, September 28th. 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 stock presently has an average rating of “Hold” and an average price target of $89.00.

Several large investors have recently bought and sold shares of the company. Ameritas Investment Partners Inc. increased its stake in U S Concrete by 15.3% in the second quarter. Ameritas Investment Partners Inc. now owns 1,337 shares of the construction company’s stock valued at $105,000 after acquiring an additional 177 shares during the period. Pinebridge Investments L.P. increased its stake in U S Concrete by 2.8% in the second quarter. Pinebridge Investments L.P. now owns 1,961 shares of the construction company’s stock valued at $154,000 after acquiring an additional 53 shares during the period. First Mercantile Trust Co. bought a new stake in U S Concrete in the second quarter valued at about $196,000. Aperio Group LLC bought a new stake in U S Concrete in the third quarter valued at about $210,000. Finally, ARP Americas LLC bought a new stake in U S Concrete in the second quarter valued at about $212,000.

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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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