Equities analysts expect USG Co. (NYSE:USG) to announce earnings per share (EPS) of $0.42 for the current fiscal quarter, according to Zacks. Six analysts have made estimates for USG’s earnings, with the lowest EPS estimate coming in at $0.38 and the highest estimate coming in at $0.48. USG reported earnings of $0.37 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 13.5%. The firm is scheduled to issue its next earnings report on Thursday, April 26th.

According to Zacks, analysts expect that USG will report full-year earnings of $2.24 per share for the current financial year, with EPS estimates ranging from $2.03 to $2.35. For the next year, analysts expect that the business will post earnings of $2.66 per share, with EPS estimates ranging from $2.41 to $2.88. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that cover USG.

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USG (NYSE:USG) last issued its quarterly earnings data on Thursday, February 1st. The construction company reported $0.53 EPS for the quarter, beating the Zacks’ consensus estimate of $0.39 by $0.14. The business had revenue of $831.00 million for the quarter, compared to analyst estimates of $757.57 million. USG had a return on equity of 13.59% and a net margin of 2.96%. The firm’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.44 EPS.

A number of brokerages have recently commented on USG. Raymond James Financial began coverage on USG in a report on Tuesday, March 13th. They set an “outperform” rating and a $40.00 price objective on the stock. Jefferies Group restated a “hold” rating and set a $39.00 target price on shares of USG in a research note on Wednesday, January 17th. Credit Suisse Group set a $34.00 target price on USG and gave the company a “hold” rating in a research note on Friday, March 9th. Zacks Investment Research downgraded USG from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 6th. Finally, Nomura decreased their target price on USG from $40.00 to $39.00 and set a “neutral” rating for the company in a research note on Friday, February 2nd. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the company. USG presently has a consensus rating of “Hold” and an average target price of $37.64.

Several hedge funds have recently made changes to their positions in the business. New York State Common Retirement Fund increased its holdings in shares of USG by 2.2% during the third quarter. New York State Common Retirement Fund now owns 190,100 shares of the construction company’s stock worth $6,207,000 after buying an additional 4,100 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of USG in the third quarter valued at about $170,000. Beck Capital Management LLC purchased a new position in shares of USG in the third quarter valued at about $327,000. Leith Wheeler Investment Counsel Ltd. increased its position in shares of USG by 5.4% in the fourth quarter. Leith Wheeler Investment Counsel Ltd. now owns 77,379 shares of the construction company’s stock valued at $2,984,000 after acquiring an additional 3,970 shares during the period. Finally, Creative Planning purchased a new position in shares of USG in the fourth quarter valued at about $235,000. Institutional investors own 82.09% of the company’s stock.

Shares of USG stock traded up $0.06 during midday trading on Monday, hitting $34.12. The stock had a trading volume of 33,818 shares, compared to its average volume of 1,387,096. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.78 and a current ratio of 2.39. The firm has a market cap of $4,736.68, a price-to-earnings ratio of 18.55, a price-to-earnings-growth ratio of 1.02 and a beta of 1.25. USG has a fifty-two week low of $25.60 and a fifty-two week high of $41.18.

USG announced that its Board of Directors has approved a share buyback program on Thursday, February 1st that permits the company to repurchase $250.00 million in shares. This repurchase authorization permits the construction company to buy shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s management believes its shares are undervalued.

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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.

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Earnings History and Estimates for USG (NYSE:USG)

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