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 lowest price target was 71, implying potential capital losses of -7.19 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 1.81 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0.66 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.39 percent. 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, which can be compared to the 0 analysts that decreased their estimates. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
USCR has an estimated earnings growth rate of 157.7 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of USCR is 0.32.
USCR has a 52-week high of 80.45 and a 52-week low of 42.82. Today's price is 78.65 percent above the 52-week low, and 4.91 percent lower than its 52-week high. 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 market cap of USCR is $1.23 billion. USCR is estimated to release their earnings results for the quarter on 0000-00-00, days from today.