USG Co. (NYSE:USG) insider Gregory D. Salah sold 3,475 shares of the company’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $37.75, for a total transaction of $131,181.25. Following the completion of the transaction, the insider now owns 39,484 shares of the company’s stock, valued at $1,490,521. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Shares of USG Co. (NYSE USG) traded down $0.40 during trading hours on Thursday, hitting $37.31. 573,800 shares of the company’s stock were exchanged, compared to its average volume of 1,613,760. The firm has a market capitalization of $5,335.00, a PE ratio of 21.92, a price-to-earnings-growth ratio of 1.88 and a beta of 1.21. 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 for the quarter, hitting the Zacks’ consensus estimate of $0.47. USG had a net margin of 14.93% and a return on equity of 12.90%. The company had revenue of $795.00 million for the quarter, compared to analysts’ expectations of $790.54 million. During the same period in the prior year, the company earned $0.46 earnings per share. The firm’s revenue was up 3.7% compared to the same quarter last year. sell-side analysts predict that USG Co. will post 1.67 earnings per share for the current fiscal year.
USG has been the subject of several analyst reports. Robert W. Baird restated a “hold” rating and issued a $30.00 target price on shares of USG in a research note on Monday, August 28th. ValuEngine upgraded shares of USG from a “hold” rating to a “buy” rating in a research note on Wednesday, September 6th. Stifel Nicolaus reiterated a “hold” rating and set a $31.00 price objective (up from $28.00) on shares of USG in a research note on Monday, September 18th. Nomura reduced their price objective on shares of USG from $32.00 to $31.00 and set a “neutral” rating on the stock in a research note on Monday, September 18th. Finally, Zacks Investment Research upgraded shares of USG from a “sell” rating to a “hold” rating in a research note on Wednesday, October 18th. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and one has assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $32.77.
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USG Company Profile
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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