US Concrete Inc (NASDAQ:USCR) VP Mark Baker Peabody sold 1,000 shares of the company’s stock in a transaction on Thursday, March 1st. The stock was sold at an average price of $70.00, for a total value of $70,000.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Mark Baker Peabody also recently made the following trade(s):
- On Thursday, December 21st, Mark Baker Peabody sold 1,000 shares of US Concrete stock. The shares were sold at an average price of $77.40, for a total value of $77,400.00.
US Concrete Inc (NASDAQ:USCR) traded up $0.60 during trading hours on Wednesday, reaching $65.80. 469,315 shares of the company’s stock traded hands, compared to its average volume of 369,098. US Concrete Inc has a one year low of $58.75 and a one year high of $86.35. The company has a debt-to-equity ratio of 2.21, a quick ratio of 1.26 and a current ratio of 1.50. The stock has a market capitalization of $1,100.00, a price-to-earnings ratio of 42.18, a price-to-earnings-growth ratio of 1.32 and a beta of 1.02.
US Concrete (NASDAQ:USCR) last posted its quarterly earnings results on Thursday, March 1st. The construction company reported $0.50 EPS for the quarter, missing the consensus estimate of $0.77 by ($0.27). US Concrete had a net margin of 1.91% and a return on equity of 17.54%. The business had revenue of $341.35 million during the quarter, compared to analysts’ expectations of $354.33 million. During the same period in the previous year, the company posted $0.82 earnings per share. US Concrete’s revenue for the quarter was up 7.1% compared to the same quarter last year. research analysts predict that US Concrete Inc will post 5.04 EPS for the current year.
A number of large investors have recently bought and sold shares of USCR. Goldman Sachs Group Inc. boosted its holdings in US Concrete by 448.2% in the fourth quarter. Goldman Sachs Group Inc. now owns 480,659 shares of the construction company’s stock valued at $40,207,000 after purchasing an additional 392,972 shares during the last quarter. Point72 Asset Management L.P. boosted its stake in shares of US Concrete by 163.0% during the 3rd quarter. Point72 Asset Management L.P. now owns 532,742 shares of the construction company’s stock worth $40,648,000 after acquiring an additional 330,177 shares in the last quarter. Victory Capital Management Inc. boosted its stake in shares of US Concrete by 495.6% during the 3rd quarter. Victory Capital Management Inc. now owns 379,520 shares of the construction company’s stock worth $28,958,000 after acquiring an additional 315,796 shares in the last quarter. Hood River Capital Management LLC boosted its stake in shares of US Concrete by 4,650.5% during the 4th quarter. Hood River Capital Management LLC now owns 215,671 shares of the construction company’s stock worth $18,041,000 after acquiring an additional 211,131 shares in the last quarter. Finally, Caxton Associates LP purchased a new stake in shares of US Concrete during the 4th quarter worth about $15,057,000.
Several equities analysts recently issued reports on USCR shares. ValuEngine downgraded US Concrete from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. DA Davidson reissued a “buy” rating on shares of US Concrete in a research report on Monday, December 4th. BidaskClub raised US Concrete from a “sell” rating to a “hold” rating in a research report on Wednesday, December 6th. Zacks Investment Research raised US Concrete from a “strong sell” rating to a “hold” rating in a research report on Saturday, January 6th. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $88.00 target price on shares of US Concrete in a research report on Friday, March 2nd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $89.80.
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US 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.
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