USG Co. (NYSE:USG) – Equities research analysts at Jefferies Group upped their Q1 2018 earnings per share (EPS) estimates for USG in a note issued to investors on Wednesday. Jefferies Group analyst P. Ng now anticipates that the construction company will earn $0.50 per share for the quarter, up from their previous estimate of $0.46. Jefferies Group currently has a “Hold” rating and a $39.00 price objective on the stock. Jefferies Group also issued estimates for USG’s Q2 2018 earnings at $0.63 EPS.
USG (NYSE:USG) last released its quarterly earnings results on Thursday, October 26th. The construction company reported $0.47 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.47. The business had revenue of $795.00 million during the quarter, compared to the consensus estimate 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 previous year, the company posted $0.46 EPS.
Shares of USG (USG) opened at $39.14 on Friday. The stock has a market capitalization of $5,540.00, a PE ratio of 29.43, a price-to-earnings-growth ratio of 1.48 and a beta of 1.21. USG has a 52 week low of $25.60 and a 52 week high of $41.18. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.73 and a current ratio of 2.37.
Several large investors have recently made changes to their positions in USG. SG Americas Securities LLC bought a new position in USG in the 3rd quarter worth approximately $170,000. State of Alaska Department of Revenue bought a new position in USG in the 4th quarter worth approximately $196,000. Creative Planning bought a new position in USG in the 4th quarter worth approximately $235,000. Fox Run Management L.L.C. bought a new position in USG in the 4th quarter worth approximately $304,000. Finally, Beck Capital Management LLC bought a new position in USG in the 3rd quarter worth approximately $327,000. Institutional investors own 85.78% of the company’s stock.
In related news, insider Joseph W. Holmes sold 2,570 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $38.26, for a total transaction of $98,328.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jennifer F. Scanlon sold 6,045 shares of the business’s stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $37.54, for a total value of $226,929.30. Following the transaction, the chief executive officer now owns 85,429 shares of the company’s stock, valued at $3,207,004.66. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 58,992 shares of company stock valued at $2,131,270. 0.67% of the stock is currently owned by corporate insiders.
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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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