NASDAQ:USCRUS Concrete Stock Price, Forecast & News

$21.62

+0.76 (+3.64 %)

(As of 06/1/2020 11:03 AM ET)

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Today's Range

$21.02

Now: $21.62▼

$22.12

50-Day Range

$15.17

MA: $17.68▼

$22.38

52-Week Range

$6.75

Now: $21.62▼

$56.22

Volume115,773 shs

Average Volume544,590 shs

Market Capitalization$360.41 million

P/E Ratio24.85

Dividend YieldN/A

Beta1.41

U.S. Concrete, Inc., through its subsidiaries, produces and sells ready-mixed concrete, aggregates, and concrete-related products and services to the construction industry in the United States, U.S. Virgin Islands, and Canada. It operates through two segments, Ready-Mixed Concrete and Aggregate Products. The Ready-Mixed Concrete segment engages in the formulation, production, and delivery of ready-mixed concrete to customers' job sites; and the provision of various services that include the formulation of mixtures for specific design uses, on-site and lab-based product quality control, and customized delivery programs. The Aggregate Products segment offers crushed stone, sand, and gravel for use in commercial, industrial, and public works projects. The company's other products include building materials stores, hauling operations, aggregates distribution terminals, a recycled aggregates operation and concrete blocks, as well as products, including ARIDUS Rapid Drying Concrete technology and the Where's My Concrete family of Web and mobile applications. It primarily serves concrete general contractors, governmental agencies, property owners and developers, architects, engineers, and home builders. The company was founded in 1997 and is based in Euless, Texas.

Beat the Market (BTM) Rank^™

1.1 Analyst's Opinion

Consensus Rating
US Concrete has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $21.20, US Concrete has a potential downside of 1.9% from its current price of $21.62.
Amount of Analyst Coverage
US Concrete has only been the subject of 4 research reports in the past 90 days.

3.0 Community Rank

Outperform Votes
US Concrete has received 397 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
US Concrete has received 270 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
US Concrete has received 59.52% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about US Concrete and other stocks. Vote “Outperform” if you believe USCR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe USCR will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
US Concrete does not currently pay a dividend.
Dividend Growth
US Concrete does not have a long track record of dividend growth.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, US Concrete insiders have bought 4,036.40% more of their company's stock than they have sold. Specifically, they have bought $452,439.00 in company stock and sold $10,938.00 in company stock.
Percentage Held by Insiders
Only 5.30% of the stock of US Concrete is held by insiders.
Percentage Held by Institutions
89.43% of the stock of US Concrete is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for US Concrete are expected to grow by 138.71% in the coming year, from $0.31 to $0.74 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of US Concrete is 24.85, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.40.
Price to Earnings Ratio vs. Sector
The P/E ratio of US Concrete is 24.85, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 36.43.
Price to Book Value per Share Ratio
US Concrete has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.25 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Concrete products, not elsewhere classified

Sub-IndustryN/A

SectorConstruction

Current SymbolNASDAQ:USCR

Previous Symbol

CUSIPN/A

CIK1073429

Webwww.us-concrete.com

Phone817-835-4105

Debt

Debt-to-Equity Ratio2.25

Current Ratio1.34

Quick Ratio1.06

Price-To-Earnings

Trailing P/E Ratio24.85

Forward P/E Ratio69.74

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.48 billion

Price / Sales0.24

Cash Flow$6.82 per share

Price / Cash Flow3.17

Book Value$22.13 per share

Price / Book0.98

Profitability

EPS (Most Recent Fiscal Year)$0.91

Net Income$14.90 million

Net Margins0.98%

Return on Equity2.95%

Return on Assets0.72%

Miscellaneous

Employees3,173

Outstanding Shares16,670,000

Market Cap$360.41 million

Next Earnings Date8/14/2020 (Estimated)

OptionableOptionable

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US Concrete (NASDAQ:USCR) Frequently Asked Questions

How has US Concrete's stock been impacted by COVID-19 (Coronavirus)?

US Concrete's stock was trading at $19.60 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, USCR shares have increased by 10.3% and is now trading at $21.62. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of US Concrete?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for US Concrete in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for US Concrete.

When is US Concrete's next earnings date?

US Concrete is scheduled to release its next quarterly earnings announcement on Friday, August 14th 2020. View our earnings forecast for US Concrete.

How were US Concrete's earnings last quarter?

US Concrete Inc (NASDAQ:USCR) issued its quarterly earnings results on Tuesday, May, 5th. The construction company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.60) by $0.56. The construction company earned $334.40 million during the quarter, compared to analysts' expectations of $333.85 million. US Concrete had a net margin of 0.98% and a return on equity of 2.95%. The company's quarterly revenue was up .4% on a year-over-year basis. During the same period in the previous year, the company earned ($0.16) EPS. View US Concrete's earnings history.

What guidance has US Concrete issued on next quarter's earnings?

US Concrete issued an update on its first quarter 2020 Pre-Market earnings guidance on Monday, April, 20th. The company provided EPS guidance of for the period. The company issued revenue guidance of $334-334 million, compared to the consensus revenue estimate of $321.63 million.

What price target have analysts set for USCR?

7 equities research analysts have issued 1-year price targets for US Concrete's stock. Their forecasts range from $15.00 to $36.00. On average, they expect US Concrete's stock price to reach $21.20 in the next year. This suggests that the stock has a possible downside of 1.9%. View analysts' price targets for US Concrete.

Has US Concrete been receiving favorable news coverage?

Press coverage about USCR stock has trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. US Concrete earned a daily sentiment score of 1.0 on InfoTrie's scale. They also assigned headlines about the construction company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutUS Concrete.

Are investors shorting US Concrete?

US Concrete saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 1,690,000 shares, an increase of 18.2% from the April 15th total of 1,430,000 shares. Based on an average daily volume of 448,900 shares, the days-to-cover ratio is presently 3.8 days. Currently, 12.7% of the company's stock are short sold. View US Concrete's Current Options Chain.

Who are some of US Concrete's key competitors?

Some companies that are related to US Concrete include Jeld-Wen (JELD), Boise Cascade (BCC), Comfort Systems USA (FIX), Dycom Industries (DY), Continental Building Products (CBPX), Patrick Industries (PATK), Century Communities (CCS), M/I Homes (MHO), Construction Partners (ROAD), Granite Construction (GVA), Primoris Services (PRIM), PGT Innovations (PGTI), Apergy (APY), Great Lakes Dredge & Dock (GLDD) and Argan (AGX). View all competitors.

What other stocks do shareholders of US Concrete own?

Based on aggregate information from My MarketBeat watchlists, some companies that other US Concrete investors own include Alibaba Group (BABA), NVIDIA (NVDA), American Eagle Outfitters (AEO), Home Depot (HD), Square (SQ), Enterprise Products Partners (EPD), Baidu (BIDU), Micron Technology (MU), Boeing (BA) and Cisco Systems (CSCO).

Who are US Concrete's key executives?

US Concrete's management team includes the following people:

Mr. William J. Sandbrook, Chairman & CEO (Age 61)
Mr. Ronnie A. Pruitt, Pres & COO (Age 48)
Mr. John E. Kunz, Sr. VP & CFO (Age 54)
Mr. Paul M. Jolas, Sr. VP, Gen. Counsel & Corp. Sec. (Age 55)
Chevalier Mark Baker Peabody, VP of HR (Age 61)

What is US Concrete's stock symbol?

US Concrete trades on the NASDAQ under the ticker symbol "USCR."

Who are US Concrete's major shareholders?

US Concrete's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.73%), Hodges Capital Management Inc. (3.43%), State Street Corp (3.14%), Systematic Financial Management LP (2.00%), Dupont Capital Management Corp (1.87%) and Nuveen Asset Management LLC (1.76%). Company insiders that own US Concrete stock include Colin Mcgill Sutherland, David Andrew Behring, Gibson T Dawson, Herbert A Burton, Jeffrey W Roberts, John E Kunz, Kevin Kohutek, Kurt Matthew Cellar, Matthew Emmert, Michael D Lundin, Niel L Poulsen, Paul M Jolas, Robert Martin Rayner, Ronnie A Pruitt, Theodore P Rossi and William J Sandbrook. View institutional ownership trends for US Concrete.

Which institutional investors are selling US Concrete stock?

USCR stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Victory Capital Management Inc., Victory Capital Management Inc., Systematic Financial Management LP, Morgan Stanley, Principal Financial Group Inc., EULAV Asset Management, and New York State Common Retirement Fund. Company insiders that have sold US Concrete company stock in the last year include Colin Mcgill Sutherland, Herbert A Burton, John E Kunz, and Matthew Emmert. View insider buying and selling activity for US Concrete.

Which institutional investors are buying US Concrete stock?

USCR stock was bought by a variety of institutional investors in the last quarter, including Matarin Capital Management LLC, Hodges Capital Management Inc., JPMorgan Chase & Co., Two Sigma Investments LP, RMB Capital Management LLC, DDD Partners LLC, Nuveen Asset Management LLC, and United Capital Financial Advisers LLC. Company insiders that have bought US Concrete stock in the last two years include David Andrew Behring, Gibson T Dawson, John E Kunz, Kurt Matthew Cellar, Michael D Lundin, Robert Martin Rayner, Theodore P Rossi, and William J Sandbrook. View insider buying and selling activity for US Concrete.

How do I buy shares of US Concrete?

Shares of USCR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is US Concrete's stock price today?

One share of USCR stock can currently be purchased for approximately $21.62.

How big of a company is US Concrete?

US Concrete has a market capitalization of $360.41 million and generates $1.48 billion in revenue each year. The construction company earns $14.90 million in net income (profit) each year or $0.91 on an earnings per share basis. US Concrete employs 3,173 workers across the globe.

What is US Concrete's official website?

The official website for US Concrete is www.us-concrete.com.

How can I contact US Concrete?

US Concrete's mailing address is 331 N. Main Street, Euless TX, 76039. The construction company can be reached via phone at 817-835-4105.

This page was last updated on 6/1/2020 by MarketBeat.com Staff