$0.53 EPS Expected for USG Corporation (USG)

July 17, 2017 - By Stephen Andrade

 $0.53 EPS Expected for USG Corporation (USG)
Investors sentiment increased to 0.88 in 2016 Q4. Its up 0.04, from 0.84 in 2016Q3. It improved, as 33 investors sold USG Corporation shares while 81 reduced holdings. 37 funds opened positions while 63 raised stakes. 124.79 million shares or 2.48% more from 121.78 million shares in 2016Q3 were reported.
Daiwa Securities Grp holds 0.01% or 72,400 shares in its portfolio. Great West Life Assurance Can invested in 0% or 10,974 shares. Punch Investment holds 0.3% or 104,590 shares in its portfolio. Advisors Capital Ltd Llc invested 0.68% of its portfolio in USG Corporation (NYSE:USG). Balyasny Asset Ltd Liability Co accumulated 19,034 shares or 0% of the stock. Clarivest Asset Limited Liability reported 0.05% of its portfolio in USG Corporation (NYSE:USG). Blackrock Grp holds 0% or 67,202 shares. Convergence Ptnrs Limited has invested 0.46% in USG Corporation (NYSE:USG). First Mercantile Tru, a Tennessee-based fund reported 28,500 shares. 351,222 were reported by Fairfax Ltd Can. Wells Fargo And Mn invested 0.03% of its portfolio in USG Corporation (NYSE:USG). Princeton Alpha Ltd Partnership reported 9,041 shares. Bluecrest Capital Mngmt Ltd holds 0.05% or 33,566 shares. Adage Cap Prtn Lc has invested 0.44% in USG Corporation (NYSE:USG). Fifth Third Commercial Bank owns 0.01% invested in USG Corporation (NYSE:USG) for 58,426 shares.

Since February 13, 2017, it had 1 buying transaction, and 2 selling transactions for $1.55 million activity. $89,092 worth of stock was sold by Press Jeanette A. on Wednesday, June 7. The insider HILZINGER MATTHEW F sold 45,596 shares worth $1.50M.

Analysts await USG Corporation (NYSE:USG) to report earnings on July, 25. They expect $0.53 earnings per share, up 15.22 % or $0.07 from last year’s $0.46 per share. USG’s profit will be $78.21M for 13.62 P/E if the $0.53 EPS becomes a reality. After $0.37 actual earnings per share reported by USG Corporation for the previous quarter, Wall Street now forecasts 43.24 % EPS growth. The stock decreased 0.82% or $0.24 during the last trading session, reaching $28.87. About 957,191 shares traded. USG Corporation (NYSE:USG) has risen 0.17% since July 17, 2016 and is uptrending. It has underperformed by 16.53% the S&P500.

USG Corporation (NYSE:USG) Ratings Coverage

Among 16 analysts covering USG Corporation (NYSE:USG), 5 have Buy rating, 3 Sell and 8 Hold. Therefore 31% are positive. USG Corporation had 33 analyst reports since July 29, 2015 according to SRatingsIntel. Wedbush maintained the shares of USG in report on Wednesday, July 6 with “Neutral” rating. Stifel Nicolaus maintained the shares of USG in report on Thursday, July 13 with “Hold” rating. The firm earned “Neutral” rating on Wednesday, August 31 by Northcoast. The stock of USG Corporation (NYSE:USG) earned “Underperform” rating by Credit Suisse on Tuesday, January 26. Northcoast upgraded the stock to “Buy” rating in Wednesday, November 18 report. The company was maintained on Friday, October 23 by Barclays Capital. As per Thursday, June 15, the company rating was maintained by RBC Capital Markets. The firm has “Buy” rating by Vertical Research given on Monday, September 19. Barclays Capital initiated USG Corporation (NYSE:USG) rating on Friday, January 6. Barclays Capital has “Underweight” rating and $29 target. The company was downgraded on Wednesday, March 29 by Macquarie Research.

USG Corporation, through its subsidiaries, is a maker and distributor of building materials. The company has market cap of $4.26 billion. The Company’s divisions include Gypsum, Ceilings and USG Boral Building Products . It has a 20.73 P/E ratio. 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.

Another recent and important USG Corporation (NYSE:USG) news was published by Businesswire.com which published an article titled: “USG Corporation Second Quarter 2017 Earnings Conference Call and Webcast” on July 12, 2017.

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