U S Concrete, Inc. (NASDAQ:USCR) Director Kurt Matthew Cellar sold 10,060 shares of the firm’s stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $80.11, for a total value of $805,906.60. Following the completion of the sale, the director now directly owns 40,081 shares of the company’s stock, valued at approximately $3,210,888.91. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

U S Concrete, Inc. (NASDAQ USCR) opened at $81.60 on Thursday. U S Concrete, Inc. has a 12 month low of $57.95 and a 12 month high of $84.60. The stock has a market capitalization of $1,360.00, a PE ratio of 28.06, a PEG ratio of 2.68 and a beta of 1.31. The company has a quick ratio of 2.12, a current ratio of 2.31 and a debt-to-equity ratio of 2.35.

U S Concrete (NASDAQ:USCR) last announced its quarterly earnings data on Friday, November 3rd. The construction company reported $0.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.46 by ($0.47). U S Concrete had a return on equity of 22.33% and a net margin of 0.99%. The firm had revenue of $354.60 million during the quarter, compared to analysts’ expectations of $364.16 million. During the same quarter in the previous year, the business earned $1.19 earnings per share. The company’s revenue for the quarter was up 7.9% compared to the same quarter last year. research analysts anticipate that U S Concrete, Inc. will post 3.11 EPS for the current year.

USCR has been the subject of several recent analyst reports. ValuEngine raised U S Concrete from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Stifel Nicolaus reissued a “buy” rating and issued a $98.00 price target on shares of U S Concrete in a report on Thursday, September 28th. Zacks Investment Research downgraded U S Concrete from a “hold” rating to a “sell” rating in a report on Saturday, November 4th. DA Davidson reissued a “buy” rating on shares of U S Concrete in a report on Monday. Finally, BidaskClub raised U S Concrete from a “sell” rating to a “hold” rating in a report on Wednesday. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $89.00.

Several large investors have recently made changes to their positions in USCR. Pinebridge Investments L.P. raised its position in U S Concrete by 2.8% during the second quarter. Pinebridge Investments L.P. now owns 1,961 shares of the construction company’s stock valued at $154,000 after acquiring an additional 53 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its position in U S Concrete by 1.5% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 4,486 shares of the construction company’s stock valued at $352,000 after acquiring an additional 66 shares in the last quarter. PNC Financial Services Group Inc. raised its position in U S Concrete by 2.0% during the second quarter. PNC Financial Services Group Inc. now owns 3,957 shares of the construction company’s stock valued at $310,000 after acquiring an additional 77 shares in the last quarter. Louisiana State Employees Retirement System raised its position in U S Concrete by 1.7% during the second quarter. Louisiana State Employees Retirement System now owns 6,100 shares of the construction company’s stock valued at $479,000 after acquiring an additional 100 shares in the last quarter. Finally, Greenwood Capital Associates LLC raised its position in U S Concrete by 1.9% during the second quarter. Greenwood Capital Associates LLC now owns 6,066 shares of the construction company’s stock valued at $476,000 after acquiring an additional 114 shares in the last quarter.

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U S Concrete Company Profile

U.S. Concrete, Inc is a producer of ready-mixed concrete in select geographic markets in the United States. The Company conducts its operations through two business segments: ready-mixed concrete and aggregate products. The ready-mixed concrete segment engages principally in the formulation, production and delivery of ready-mixed concrete to its customers’ job sites.

Insider Buying and Selling by Quarter for U S Concrete (NASDAQ:USCR)

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