USG Corporation (NYSE:USG) registered a -0.71% decrease, still its new closing price is 82.46% up from the company’s 1 year high of 32.26.It posted 2.36% gains in previous 5 sessions and is now the subject of 12 analysts who together assign a hold rating on stock. 2 of Wall Street analysts have an underperform rating; the 0 sells versus 3 buy or better ratings. The 21 stock analysts following this company have an average price target at $31.31, with individual PT in the $24.00-$38.00 range. The shares moved at $30.80, implying that brokerage firms see shares gaining about 70.73% in twelve months time.
USG Corporation (USG) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 6.65% rise year to date. A Executive Vice President at USG Corporation (USG) offloaded shares in a transaction closed on Thursday December 08, 2016. Dannessa Dominic A sold 1,400 shares in the company at $30.63 each and collected $42,001 in proceeds. Dannessa Dominic A now owns 60,592 shares in the company after this transaction. A Executive Vice President in the company, Dannessa Dominic A, disclosed a transaction on Monday December 05, 2016 that ended up generating $32,001 from the sale of 1,100 shares at $29.95 per share.
USG Corporation (NYSE:USG) Upcoming Results on Tap
USG Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.47 in that period. Sales during the quarter are predicted to arrive at $766.2 million.
Earnings surprise history: Last quarter, the company posted approximately $734 million in revenue and EPS of $0.44. The mean forecast was for $726.62 million and $0.35 a share, respectively. One quarter earlier, revenue for the stock was at $767 million, with earnings at $0.46/share.
USG Corporation (USG) Brokerage Update
USG Corporation (USG) is in RBC Capital Mkts’s research list so their analyst rating change is noteworthy. These shares were upgraded to Outperform from Sector Perform by RBC Capital Mkts, according to news reported on Tuesday September 13, 2016.Another important research note was issued by Northcoast on Wednesday August 31, 2016.The firm downgraded USG to Neutral from Buy. Over the last six months and over the last three months, the shares of USG Corporation (USG), have changed 8.64% and 24.60%, respectively.