Brokerages expect USG Co. (NYSE:USG) to post sales of $761.36 million for the current quarter, according to Zacks. Five analysts have issued estimates for USG’s earnings. The lowest sales estimate is $752.30 million and the highest is $767.48 million. USG posted sales of $734.00 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 3.7%. The company is scheduled to issue its next earnings report on Wednesday, February 7th.

According to Zacks, analysts expect that USG will report full-year sales of $761.36 million for the current financial year, with estimates ranging from $3.13 billion to $3.14 billion. For the next fiscal year, analysts expect that the firm will post sales of $3.30 billion per share, with estimates ranging from $3.27 billion to $3.39 billion. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that cover USG.

USG (NYSE:USG) last released its quarterly earnings data on Thursday, October 26th. The construction company reported $0.47 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.47. The business had revenue of $795.00 million during the quarter, compared to analysts’ expectations of $790.54 million. USG had a return on equity of 12.90% and a net margin of 14.93%. The business’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.46 EPS.

USG has been the subject of several research reports. Zacks Investment Research raised USG from a “hold” rating to a “buy” rating and set a $43.00 target price for the company in a report on Saturday, January 6th. Citigroup boosted their target price on USG from $34.00 to $37.00 and gave the company a “neutral” rating in a report on Friday, October 27th. Barclays boosted their target price on USG from $26.00 to $31.00 and gave the company an “equal weight” rating in a report on Friday, October 27th. Bank of America downgraded USG from a “neutral” rating to an “underperform” rating in a report on Friday, October 27th. Finally, ValuEngine raised USG from a “hold” rating to a “buy” rating in a report on Wednesday, September 27th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $35.21.

USG (NYSE USG) traded up $0.21 during trading hours on Friday, hitting $39.50. The stock had a trading volume of 1,105,500 shares, compared to its average volume of 1,365,250. The firm has a market cap of $5,590.00, a PE ratio of 29.70, a P/E/G ratio of 1.54 and a beta of 1.21. USG has a twelve month low of $25.60 and a twelve month high of $41.18. The company has a current ratio of 2.37, a quick ratio of 1.73 and a debt-to-equity ratio of 0.54.

In other USG news, CEO Jennifer F. Scanlon sold 6,045 shares of the company’s stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $37.54, for a total transaction of $226,929.30. Following the completion of the sale, the chief executive officer now directly owns 85,429 shares of the company’s stock, valued at approximately $3,207,004.66. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Brian J. Cook sold 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 31st. The shares were sold at an average price of $34.58, for a total value of $1,037,400.00. Following the sale, the insider now directly owns 84,538 shares of the company’s stock, valued at $2,923,324.04. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 58,992 shares of company stock valued at $2,131,270. 0.67% of the stock is owned by company insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. New York State Common Retirement Fund raised its stake in USG by 2.2% during the 3rd quarter. New York State Common Retirement Fund now owns 190,100 shares of the construction company’s stock valued at $6,207,000 after acquiring an additional 4,100 shares during the last quarter. Lord Abbett & CO. LLC purchased a new position in shares of USG during the 2nd quarter worth approximately $5,467,000. Leith Wheeler Investment Counsel Ltd. raised its stake in shares of USG by 5.4% during the 4th quarter. Leith Wheeler Investment Counsel Ltd. now owns 77,379 shares of the construction company’s stock worth $2,984,000 after buying an additional 3,970 shares in the last quarter. Amalgamated Bank raised its stake in shares of USG by 27.2% during the 2nd quarter. Amalgamated Bank now owns 15,920 shares of the construction company’s stock worth $462,000 after buying an additional 3,404 shares in the last quarter. Finally, Beck Capital Management LLC purchased a new position in shares of USG during the 3rd quarter worth approximately $327,000. 85.76% of the stock is owned by hedge funds and other institutional investors.

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About USG

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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Earnings History and Estimates for USG (NYSE:USG)

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