Shares of USG Corporation (NYSE:USG) have received a consensus rating of “Hold” from the seventeen ratings firms that are covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and two 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 $30.25.

Several research firms have recently weighed in on USG. Robert W. Baird reiterated a “hold” rating and issued a $30.00 price objective on shares of USG Corporation in a research note on Monday, August 28th. CL King lowered shares of USG Corporation from a “strong-buy” rating to a “neutral” rating in a research note on Monday, July 24th. BidaskClub lowered shares of USG Corporation from a “hold” rating to a “sell” rating in a research note on Friday, June 9th. Credit Suisse Group assumed coverage on shares of USG Corporation in a research note on Thursday, June 22nd. They set an “underperform” rating and a $24.00 price target for the company. Finally, ValuEngine upgraded shares of USG Corporation from a “hold” rating to a “buy” rating in a research note on Wednesday, September 6th.

In other news, insider Dominic A. Dannessa sold 5,000 shares of the company’s stock in a transaction on Friday, September 8th. The shares were sold at an average price of $32.41, for a total value of $162,050.00. Following the completion of the sale, the insider now owns 61,713 shares in the company, valued at approximately $2,000,118.33. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.67% of the company’s stock.

Large investors have recently modified their holdings of the stock. SG Americas Securities LLC boosted its holdings in shares of USG Corporation by 70.1% in the 1st quarter. SG Americas Securities LLC now owns 10,543 shares of the construction company’s stock worth $335,000 after buying an additional 4,346 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of USG Corporation in the 1st quarter worth about $362,000. Two Sigma Securities LLC purchased a new position in shares of USG Corporation in the 1st quarter worth about $365,000. Pacer Advisors Inc. boosted its holdings in shares of USG Corporation by 18.2% in the 1st quarter. Pacer Advisors Inc. now owns 12,113 shares of the construction company’s stock worth $385,000 after buying an additional 1,868 shares during the last quarter. Finally, Thompson Investment Management Inc. boosted its holdings in shares of USG Corporation by 10.1% in the 2nd quarter. Thompson Investment Management Inc. now owns 12,250 shares of the construction company’s stock worth $355,000 after buying an additional 1,125 shares during the last quarter. 87.00% of the stock is currently owned by institutional investors.

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Shares of USG Corporation (NYSE:USG) traded up 0.28% during midday trading on Friday, hitting $32.01. 1,424,555 shares of the stock traded hands. The stock has a market capitalization of $4.59 billion, a P/E ratio of 10.27 and a beta of 1.00. The firm has a 50-day moving average price of $29.92 and a 200-day moving average price of $29.64. USG Corporation has a 52 week low of $23.71 and a 52 week high of $34.67.

USG Corporation (NYSE:USG) last released its quarterly earnings data on Wednesday, July 26th. The construction company reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.51 by ($0.07). The company had revenue of $811.00 million during the quarter, compared to the consensus estimate of $809.44 million. USG Corporation had a net margin of 14.94% and a return on equity of 13.57%. The business’s revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.46 EPS. On average, equities analysts predict that USG Corporation will post $1.67 earnings per share for the current fiscal year.

USG Corporation 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 Corporation (NYSE:USG)

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