Shares of USG Co. (NYSE:USG) have received an average rating of “Hold” from the twenty-one brokerages that are currently covering the company, MarketBeat reports. Four analysts have rated the stock with a sell rating, eleven have given a hold rating and six have given a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $30.86.

Several research analysts have weighed in on the company. BidaskClub downgraded USG from a “hold” rating to a “sell” rating in a research note on Monday, July 31st. Barclays PLC upgraded USG from an “underweight” rating to an “equal weight” rating and dropped their price target for the stock from $28.00 to $26.00 in a research note on Sunday, July 30th. Bank of America Corporation downgraded USG from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $38.00 to $31.00 in a research note on Thursday, July 27th. CL King downgraded USG from a “strong-buy” rating to a “neutral” rating in a research note on Monday, July 24th. Finally, Jefferies Group LLC restated a “hold” rating on shares of USG in a research note on Wednesday, July 19th.

Shares of USG (NYSE USG) traded up 1.64% during mid-day trading on Friday, hitting $26.67. 1,117,830 shares of the stock traded hands. The company’s 50-day moving average price is $28.16 and its 200 day moving average price is $30.40. The company has a market capitalization of $3.82 billion, a PE ratio of 8.56 and a beta of 1.08. USG has a 1-year low of $23.71 and a 1-year high of $34.67.

USG (NYSE:USG) last posted its quarterly earnings results on Wednesday, July 26th. The construction company reported $0.44 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.51 by $0.07. USG had a return on equity of 9.36% and a net margin of 5.67%. The business had revenue of $811 million during the quarter, compared to the consensus estimate of $809.44 million. During the same quarter in the previous year, the company earned $0.46 earnings per share. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. Equities research analysts forecast that USG will post $1.68 EPS for the current fiscal year.

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In related news, VP Jeanette A. Press sold 3,121 shares of the stock in a transaction on Wednesday, June 7th. The stock was sold at an average price of $28.55, for a total transaction of $89,104.55. Following the sale, the vice president now owns 13,981 shares in the company, valued at approximately $399,157.55. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jennifer F. Scanlon purchased 1,500 shares of the firm’s stock in a transaction that occurred on Monday, June 5th. The shares were bought at an average price of $29.39 per share, for a total transaction of $44,085.00. Following the acquisition, the insider now directly owns 82,902 shares in the company, valued at approximately $2,436,489.78. The disclosure for this purchase can be found here. Corporate insiders own 0.67% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in USG. Somerset Trust Co raised its stake in USG by 0.5% in the first quarter. Somerset Trust Co now owns 16,784 shares of the construction company’s stock valued at $533,000 after buying an additional 80 shares during the last quarter. Amalgamated Bank raised its stake in USG by 3.4% in the first quarter. Amalgamated Bank now owns 12,516 shares of the construction company’s stock valued at $398,000 after buying an additional 406 shares during the last quarter. Public Employees Retirement System of Ohio raised its stake in USG by 0.5% in the first quarter. Public Employees Retirement System of Ohio now owns 90,586 shares of the construction company’s stock valued at $2,881,000 after buying an additional 447 shares during the last quarter. California Public Employees Retirement System raised its stake in USG by 0.4% in the first quarter. California Public Employees Retirement System now owns 165,300 shares of the construction company’s stock valued at $5,257,000 after buying an additional 600 shares during the last quarter. Finally, Wedge Capital Management L L P NC raised its stake in USG by 3.5% in the second quarter. Wedge Capital Management L L P NC now owns 18,769 shares of the construction company’s stock valued at $545,000 after buying an additional 631 shares during the last quarter. Institutional investors own 90.01% of the company’s stock.

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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