$0.51 EPS Expected for USG Co. (USG) This Quarter

Brokerages expect USG Co. (NYSE:USG) to report earnings of $0.51 per share for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for USG’s earnings, with the lowest EPS estimate coming in at $0.48 and the highest estimate coming in at $0.53. USG posted earnings per share of $0.53 during the same quarter last year, which would indicate a negative year over year growth rate of 3.8%. The company is scheduled to report its next earnings report on Thursday, February 7th.

On average, analysts expect that USG will report full-year earnings of $1.84 per share for the current financial year, with EPS estimates ranging from $1.75 to $2.03. For the next fiscal year, analysts expect that the company will report earnings of $2.23 per share, with EPS estimates ranging from $1.99 to $2.44. Zacks Investment Research’s EPS averages are a mean average based on a survey of research analysts that follow USG.

USG (NYSE:USG) last issued its quarterly earnings results on Thursday, October 25th. The construction company reported $0.45 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.57 by ($0.12). USG had a return on equity of 13.93% and a net margin of 2.75%. The business had revenue of $851.00 million during the quarter, compared to analysts’ expectations of $850.00 million.

Separately, Zacks Investment Research lowered USG from a “hold” rating to a “sell” rating in a research note on Tuesday, October 30th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $42.22.

In related news, EVP Matthew F. Hilzinger sold 25,000 shares of the stock in a transaction dated Tuesday, November 27th. The shares were sold at an average price of $43.01, for a total value of $1,075,250.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Brian J. Cook sold 52,063 shares of the stock in a transaction dated Monday, December 3rd. The shares were sold at an average price of $43.04, for a total transaction of $2,240,791.52. Following the completion of the transaction, the insider now directly owns 66,629 shares of the company’s stock, valued at approximately $2,867,712.16. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 109,715 shares of company stock valued at $4,704,405. Company insiders own 0.66% of the company’s stock.

Large investors have recently made changes to their positions in the stock. Ancora Advisors LLC bought a new position in shares of USG in the 3rd quarter valued at about $130,000. US Bancorp DE lifted its holdings in shares of USG by 54.8% in the 2nd quarter. US Bancorp DE now owns 4,055 shares of the construction company’s stock valued at $174,000 after acquiring an additional 1,435 shares during the last quarter. People s United Financial Inc. bought a new position in shares of USG in the 3rd quarter valued at about $214,000. Commonwealth Bank of Australia bought a new position in shares of USG in the 3rd quarter valued at about $312,000. Finally, Avitas Wealth Management LLC bought a new position in shares of USG in the 3rd quarter valued at about $354,000. 79.34% of the stock is owned by hedge funds and other institutional investors.

USG stock traded up $0.03 during trading on Friday, reaching $43.11. The company’s stock had a trading volume of 903,700 shares, compared to its average volume of 1,766,131. USG has a 1 year low of $32.09 and a 1 year high of $43.50. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.52 and a current ratio of 2.10. The firm has a market capitalization of $6.02 billion, a PE ratio of 23.95, a PEG ratio of 0.88 and a beta of 0.75.

About USG

USG Corporation, through its subsidiaries, manufactures and sells building materials worldwide. The company's Gypsum division manufactures and markets gypsum and related products to construct walls, ceilings, roofs, and floors of residential, commercial, and institutional buildings, as well as for various industrial applications.

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