Equities analysts expect that US Concrete Inc (NASDAQ:USCR) will report $359.79 million in sales for the current quarter, Zacks reports. Three analysts have issued estimates for US Concrete’s earnings, with the lowest sales estimate coming in at $345.85 million and the highest estimate coming in at $378.00 million. US Concrete posted sales of $318.78 million in the same quarter last year, which suggests a positive year-over-year growth rate of 12.9%. The company is expected to announce its next quarterly earnings report on Tuesday, February 27th.

On average, analysts expect that US Concrete will report full year sales of $359.79 million for the current fiscal year, with estimates ranging from $1.34 billion to $1.37 billion. For the next financial year, analysts expect that the company will report sales of $1.55 billion per share, with estimates ranging from $1.48 billion to $1.60 billion. Zacks Investment Research’s sales calculations are an average based on a survey of research analysts that that provide coverage for US Concrete.

USCR has been the subject of a number of research analyst reports. BidaskClub downgraded US Concrete from a “hold” rating to a “sell” rating in a report on Thursday, January 18th. Zacks Investment Research upgraded US Concrete from a “strong sell” rating to a “hold” rating in a report on Saturday, January 6th. DA Davidson restated a “buy” rating on shares of US Concrete in a report on Monday, December 4th. Finally, ValuEngine downgraded US Concrete from a “buy” rating to a “hold” rating in a report on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $89.00.

US Concrete (NASDAQ USCR) traded up $1.40 during mid-day trading on Friday, hitting $77.85. The stock had a trading volume of 293,353 shares, compared to its average volume of 353,986. The firm has a market cap of $1,300.00, a P/E ratio of 103.80, a price-to-earnings-growth ratio of 1.67 and a beta of 0.95. The company has a current ratio of 2.31, a quick ratio of 2.12 and a debt-to-equity ratio of 2.35. US Concrete has a 1-year low of $57.95 and a 1-year high of $86.35.

In related news, Director Colin Mcgill Sutherland sold 1,400 shares of the stock in a transaction on Monday, December 4th. The stock was sold at an average price of $83.28, for a total value of $116,592.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Niel L. Poulsen sold 20,644 shares of the stock in a transaction on Friday, December 1st. The shares were sold at an average price of $80.42, for a total value of $1,660,190.48. Following the completion of the sale, the executive vice president now owns 16,665 shares of the company’s stock, valued at $1,340,199.30. The disclosure for this sale can be found here. Over the last quarter, insiders sold 86,134 shares of company stock valued at $7,036,554. 5.90% of the stock is owned by insiders.

Several institutional investors have recently made changes to their positions in USCR. Schwab Charles Investment Management Inc. grew its stake in shares of US Concrete by 1.0% during the second quarter. Schwab Charles Investment Management Inc. now owns 60,268 shares of the construction company’s stock valued at $4,735,000 after acquiring an additional 617 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of US Concrete by 62.0% during the second quarter. Wells Fargo & Company MN now owns 54,940 shares of the construction company’s stock valued at $4,316,000 after acquiring an additional 21,021 shares in the last quarter. Teachers Advisors LLC grew its stake in shares of US Concrete by 4.6% during the second quarter. Teachers Advisors LLC now owns 40,981 shares of the construction company’s stock valued at $3,219,000 after acquiring an additional 1,809 shares in the last quarter. TIAA CREF Investment Management LLC grew its stake in shares of US Concrete by 4.5% during the second quarter. TIAA CREF Investment Management LLC now owns 60,055 shares of the construction company’s stock valued at $4,717,000 after acquiring an additional 2,567 shares in the last quarter. Finally, Nationwide Fund Advisors grew its stake in shares of US Concrete by 2.9% during the second quarter. Nationwide Fund Advisors now owns 8,649 shares of the construction company’s stock valued at $679,000 after acquiring an additional 240 shares in the last quarter.

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About US Concrete

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.

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