USG Co. (USG) Insider John M. Reale Sells 7,535 Shares
USG Co. (NYSE:USG) insider John M. Reale sold 7,535 shares of USG stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $37.89, for a total transaction of $285,501.15. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Shares of USG Co. (NYSE USG) traded down $0.45 during trading hours on Tuesday, hitting $37.71. 787,189 shares of the company’s stock were exchanged, compared to its average volume of 1,618,203. The firm has a market cap of $5,330.00, a price-to-earnings ratio of 22.05, a P/E/G ratio of 1.90 and a beta of 1.20. USG Co. has a 52 week low of $25.60 and a 52 week high of $38.91. The company has a quick ratio of 1.73, a current ratio of 2.37 and a debt-to-equity ratio of 0.54.
USG (NYSE:USG) last issued its earnings results on Thursday, October 26th. The construction company reported $0.47 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.47. The company had revenue of $795.00 million during the quarter, compared to analyst estimates of $790.54 million. USG had a net margin of 14.93% and a return on equity of 12.90%. The company’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter last year, the business posted $0.46 EPS. sell-side analysts expect that USG Co. will post 1.67 earnings per share for the current year.
Several research firms have weighed in on USG. ValuEngine cut shares of USG from a “buy” rating to a “hold” rating in a research report on Wednesday, September 20th. Stifel Nicolaus reiterated a “hold” rating and set a $31.00 price objective (up from $28.00) on shares of USG in a research report on Monday, September 18th. Nomura lowered their price objective on shares of USG from $32.00 to $31.00 and set a “neutral” rating on the stock in a research report on Monday, September 18th. TheStreet cut shares of USG from a “b” rating to a “c+” rating in a research report on Thursday, August 17th. Finally, BidaskClub cut shares of USG from a “sell” rating to a “strong sell” rating in a research report on Friday, August 18th. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and one has issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $32.77.
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USG Corporation, through its subsidiaries, is a manufacturer and distributor of building materials. The Company’s segments include Gypsum, Ceilings and USG Boral Building Products (UBBP). It produces a range of products for use in new residential, new nonresidential, and residential and nonresidential repair and remodel construction, as well as products used in certain industrial processes.
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