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, which equates to a potential upside of 17.65 percent. The most pessimistic analyst gave a price target of 71, which equates to a potential downside of -7.19 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average 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. Over the past 30 days, FY earnings estimates have also changed upwards by 0.39 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 11.45 percent.
People are often interested in whether analysts were united in the direction of their revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of USCR's earnings is estimated by analysts to be 157.7 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. USCR has a PEG ratio of 0.32.
USCR has traded between a high of 80.45 and a low of 42.82 over the past year. Today's price is 78.65 percent above the 52-week low, and 4.91 percent below the 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 market cap of USCR is $1.23 billion. USCR will post this quarters earnings in days, on 0000-00-00.