Shares of USG Corporation (NYSE:USG) have been assigned a consensus recommendation of “Hold” from the nineteen ratings firms that are presently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and one has given a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $32.17.

A number of equities research analysts have issued reports on the stock. Macquarie raised their price target on shares of USG from $35.00 to $36.00 and gave the stock a “neutral” rating in a report on Wednesday, November 15th. J P Morgan Chase & Co raised their price target on shares of USG from $30.00 to $38.00 and gave the stock a “neutral” rating in a report on Wednesday, November 1st. Barclays PLC raised their price target on shares of USG from $26.00 to $31.00 and gave the stock an “equal weight” rating in a report on Friday, October 27th. Citigroup Inc. raised their price target on shares of USG from $34.00 to $37.00 and gave the stock a “neutral” rating in a report on Friday, October 27th. Finally, Bank of America Corporation lowered shares of USG from a “neutral” rating to an “underperform” rating in a report on Friday, October 27th.

In other news, insider Brian J. Cook sold 30,000 shares of USG stock in a transaction dated Tuesday, October 31st. The shares were sold at an average price of $34.58, for a total transaction of $1,037,400.00. Following the sale, the insider now owns 84,538 shares of the company’s stock, valued at approximately $2,923,324.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Dominic A. Dannessa sold 5,000 shares of USG stock in a transaction dated Friday, September 8th. The shares were sold at an average price of $32.41, for a total transaction of $162,050.00. Following the sale, the insider now directly owns 61,713 shares in the company, valued at approximately $2,000,118.33. The disclosure for this sale can be found here. Insiders own 0.67% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the company. SG Americas Securities LLC bought a new stake in shares of USG during the 3rd quarter valued at about $170,000. Beck Capital Management LLC bought a new stake in shares of USG during the 3rd quarter valued at about $327,000. Thompson Investment Management Inc. boosted its stake in shares of USG by 10.1% during the 2nd quarter. Thompson Investment Management Inc. now owns 12,250 shares of the construction company’s stock valued at $355,000 after purchasing an additional 1,125 shares in the last quarter. Amalgamated Bank boosted its stake in shares of USG by 27.2% during the 2nd quarter. Amalgamated Bank now owns 15,920 shares of the construction company’s stock valued at $462,000 after purchasing an additional 3,404 shares in the last quarter. Finally, Wedge Capital Management L L P NC boosted its stake in shares of USG by 3.5% during the 2nd quarter. Wedge Capital Management L L P NC now owns 18,769 shares of the construction company’s stock valued at $545,000 after purchasing an additional 631 shares in the last quarter. 86.47% of the stock is currently owned by hedge funds and other institutional investors.

Shares of USG (NYSE:USG) traded up $0.13 during trading hours on Monday, reaching $35.71. 269,164 shares of the company were exchanged, compared to its average volume of 1,118,679. The stock has a market cap of $5,033.66, a PE ratio of 20.69, a PEG ratio of 1.78 and a beta of 1.17. USG has a one year low of $25.60 and a one year high of $35.83. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.73 and a current ratio of 2.37.

USG (NYSE:USG) last issued its earnings results on Thursday, October 26th. The construction company reported $0.47 EPS for the quarter, hitting analysts’ consensus estimates of $0.47. The company had revenue of $795.00 million for the quarter, compared to analysts’ expectations of $790.54 million. USG had a net margin of 14.93% and a return on equity of 12.90%. The firm’s revenue was up 3.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.46 EPS. equities research analysts predict that USG will post 1.67 EPS for the current fiscal year.

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USG Company Profile

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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