US Concrete Inc (USCR) Director Colin Mcgill Sutherland Sells 130 Shares

US Concrete Inc (NASDAQ:USCR) Director Colin Mcgill Sutherland sold 130 shares of the business’s stock in a transaction on Friday, January 12th. The stock was sold at an average price of $82.90, for a total value of $10,777.00. Following the completion of the transaction, the director now directly owns 12,475 shares in the company, valued at approximately $1,034,177.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Colin Mcgill Sutherland also recently made the following trade(s):

  • On Monday, December 4th, Colin Mcgill Sutherland sold 1,400 shares of US Concrete stock. The stock was sold at an average price of $83.28, for a total value of $116,592.00.

US Concrete Inc (NASDAQ USCR) opened at $79.45 on Wednesday. US Concrete Inc has a 1 year low of $57.95 and a 1 year high of $86.35. The company has a debt-to-equity ratio of 2.35, a quick ratio of 2.12 and a current ratio of 2.31. The company has a market capitalization of $1,320.00, a price-to-earnings ratio of 105.93, a PEG ratio of 1.84 and a beta of 1.31.

US Concrete (NASDAQ:USCR) last issued its quarterly earnings results on Friday, November 3rd. The construction company reported $0.99 EPS for the quarter, missing analysts’ consensus estimates of $1.46 by ($0.47). US Concrete had a net margin of 0.99% and a return on equity of 22.33%. The firm had revenue of $354.60 million for the quarter, compared to analysts’ expectations of $364.16 million. During the same period in the prior year, the company earned $1.19 EPS. The firm’s quarterly revenue was up 7.9% on a year-over-year basis. sell-side analysts forecast that US Concrete Inc will post 3.09 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Copper Rock Capital Partners LLC lifted its position in shares of US Concrete by 3.6% during the 4th quarter. Copper Rock Capital Partners LLC now owns 356,105 shares of the construction company’s stock valued at $29,610,000 after buying an additional 12,412 shares during the last quarter. GSA Capital Partners LLP purchased a new position in shares of US Concrete during the 3rd quarter valued at $670,000. Argent Capital Management LLC lifted its position in shares of US Concrete by 39.0% during the 3rd quarter. Argent Capital Management LLC now owns 42,075 shares of the construction company’s stock valued at $3,210,000 after buying an additional 11,800 shares during the last quarter. California Public Employees Retirement System lifted its position in shares of US Concrete by 5.9% during the 3rd quarter. California Public Employees Retirement System now owns 21,177 shares of the construction company’s stock valued at $1,616,000 after buying an additional 1,177 shares during the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. lifted its position in shares of US Concrete by 344.6% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 8,208 shares of the construction company’s stock valued at $626,000 after buying an additional 6,362 shares during the last quarter.

USCR has been the topic of several research analyst reports. ValuEngine cut US Concrete from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Stifel Nicolaus reissued a “buy” rating and issued a $98.00 price objective on shares of US Concrete in a research report on Thursday, September 28th. Zacks Investment Research cut US Concrete from a “hold” rating to a “sell” rating in a research report on Saturday, November 4th. DA Davidson reissued a “buy” rating on shares of US Concrete in a research report on Monday, December 4th. Finally, BidaskClub raised US Concrete from a “sell” rating to a “hold” rating in a research report on Wednesday, December 6th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $89.00.

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US 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 US Concrete (NASDAQ:USCR)

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