The Recent Research Analysts’ Ratings Updates for USG Corp. (USG)

The Recent Research Analysts’ Ratings Updates for USG Corp. (USG)

USG Corp. (NYSE: USG) has recently received a number of price target changes and ratings updates:

USG Corp. (NYSE:USG) traded down 0.45% on Thursday, reaching $28.58. The company’s stock had a trading volume of 1,060,520 shares. USG Corp. has a 12 month low of $15.85 and a 12 month high of $32.26. The firm has a market cap of $4.17 billion, a P/E ratio of 4.15 and a beta of 1.48. The firm’s 50 day moving average is $29.63 and its 200-day moving average is $27.76.

USG Corp. (NYSE:USG) last released its quarterly earnings results on Tuesday, October 25th. The company reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.02. USG Corp. had a net margin of 27.70% and a return on equity of 17.04%. The company earned $767 million during the quarter, compared to the consensus estimate of $1.02 billion. During the same period in the previous year, the business earned $0.52 earnings per share. The firm’s quarterly revenue was up 2.7% on a year-over-year basis. On average, equities research analysts anticipate that USG Corp. will post $1.68 EPS for the current year.

In related news, insider Dominic A. Dannessa sold 1,100 shares of USG Corp. stock in a transaction that occurred on Monday, December 5th. The shares were sold at an average price of $29.95, for a total value of $32,945.00. Following the transaction, the insider now directly owns 62,737 shares of the company’s stock, valued at $1,878,973.15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Dominic A. Dannessa sold 2,000 shares of USG Corp. stock in a transaction that occurred on Thursday, December 1st. The shares were sold at an average price of $29.01, for a total transaction of $58,020.00. Following the completion of the transaction, the insider now directly owns 62,937 shares in the company, valued at $1,825,802.37. The disclosure for this sale can be found here. Over the last quarter, insiders sold 4,500 shares of company stock valued at $133,847. 1.40% of the stock is owned by company insiders.

USG Corporation is a manufacturer and distributor of building materials. The Company 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. The Company’s segments include Gypsum, Ceilings, Distribution, and USG Boral Building Products.

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