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.
USCR was given price targets by several analysts. The maximum price target given was 90, which equates to a potential upside of 17.65 percent. The minimum price target given was 71, which equates to a potential downside of -7.19 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some 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.
Another thing investors often look at is the level of agreement among analysts' revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
USCR has an estimated earnings growth rate of 157.7 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of USCR is 0.32.
In the last 52-weeks, USCR has achieved a high of 80.45 and a low of 42.82. The current market price is above the trailing year's low by 78.65 percent, and 4.91 percent lower than its 52-week high. USCR has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.