USG Co. (NYSE:USG) has been assigned an average rating of “Hold” from the nineteen research firms that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $39.75.

USG has been the subject of several research reports. Buckingham Research increased their price target on shares of USG from $34.00 to $42.00 and gave the stock a “neutral” rating in a research note on Monday, April 16th. Zacks Investment Research raised shares of USG from a “hold” rating to a “buy” rating and set a $43.00 price objective on the stock in a research report on Saturday, January 6th. Credit Suisse Group reissued an “underperform” rating and set a $36.00 price objective (up from $26.00) on shares of USG in a research report on Monday, January 22nd. They noted that the move was a valuation call. Citigroup increased their price objective on shares of USG from $37.00 to $42.00 and gave the company a “neutral” rating in a research report on Thursday, January 25th. Finally, Jefferies Group reissued a “hold” rating and set a $36.00 price objective on shares of USG in a research report on Friday, February 2nd.

Shares of USG stock opened at $40.61 on Thursday. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.39 and a quick ratio of 1.78. The stock has a market capitalization of $5,781.91, a P/E ratio of 22.56, a price-to-earnings-growth ratio of 1.25 and a beta of 1.12. USG has a 1 year low of $25.60 and a 1 year high of $41.50.

USG (NYSE:USG) last issued its quarterly earnings results on Thursday, February 1st. The construction company reported $0.53 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.39 by $0.14. The company had revenue of $831.00 million during the quarter, compared to analyst estimates of $757.57 million. USG had a net margin of 2.96% and a return on equity of 13.59%. USG’s quarterly revenue was up 13.2% compared to the same quarter last year. During the same period last year, the business earned $0.44 EPS. equities research analysts expect that USG will post 2.23 earnings per share for the current fiscal year.

USG announced that its Board of Directors has initiated a share repurchase plan on Thursday, February 1st that authorizes the company to buyback $250.00 million in outstanding shares. This buyback authorization authorizes the construction company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company’s leadership believes its stock is undervalued.

Several hedge funds and other institutional investors have recently made changes to their positions in USG. Captrust Financial Advisors purchased a new stake in shares of USG during the 4th quarter valued at about $160,000. SG Americas Securities LLC purchased a new stake in shares of USG during the 3rd quarter valued at about $170,000. State of Alaska Department of Revenue purchased a new stake in shares of USG during the 4th quarter valued at about $196,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of USG by 45.8% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,351 shares of the construction company’s stock valued at $206,000 after acquiring an additional 1,681 shares during the last quarter. Finally, Creative Planning purchased a new stake in shares of USG during the 4th quarter valued at about $235,000. 82.14% of the stock is currently owned by hedge funds and other institutional investors.

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About USG

USG Corporation, through its subsidiaries, is a manufacturer and distributor of building materials. The Company’s segments include Gypsum, Ceilings and USG Boral Building Products (UBBP). It produces a range of products for use in new residential, new nonresidential, and residential and nonresidential repair and remodel construction, as well as products used in certain industrial processes.

Analyst Recommendations for USG (NYSE:USG)

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