Analyst Ratings for U.S. Concrete Inc. (USCR)

Updated: 2017-07-28

Shares of U.S. Concrete Inc. (NASDAQ:USCR) have received a consensus rating of Buy from Wall Street analysts. USCR had previously received a consensus rating of Buy a month ago.

A buy rating was issued by 7 analysts, 0 issued an overweight rating, 1 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Investment analysts gave a few price targets for USCR. The most optimistic price target was 90, implying a possible profit of 17.65 percent. The most pessimistic analyst gave a price target of 71, which equates to a potential downside of -7.19 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 1.81 percent. That number becomes 0.66 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.39 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 11.45 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of USCR to grow at a rate of 157.7 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. USCR has a PEG ratio of 0.32.

In the last 52-weeks, USCR has achieved a high of 80.45 and a low of 42.82. Currently the stock is 78.65 percent higher than its low, and below the high by 4.91 percent. USCR has a price/earnings ratio of 50.38. Investors typically compare the P/E ratio to a company's peers in the industry. The USCR value stock report compares USCR to some of its peers using value stock charts. The stock has a market capitalization of $1.23 billion. USCR will post this quarters earnings in days, on 0000-00-00.