EPS for USG Corporation (USG) Expected At $0.53

July 17, 2017 - By Dolores Ford

 EPS for USG Corporation (USG) Expected At $0.53
Investors sentiment increased to 0.88 in 2016 Q4. Its up 0.04, from 0.84 in 2016Q3. It increased, 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.
Old West Mgmt Lc, a California-based fund reported 11,963 shares. 96,110 were reported by Roundview Cap Ltd Co. Fifth Third Commercial Bank owns 58,426 shares. Moreover, Da Davidson & Communication has 0% invested in USG Corporation (NYSE:USG). Metropolitan Life New York owns 0% invested in USG Corporation (NYSE:USG) for 2,494 shares. Thompson Management Incorporated owns 12,125 shares or 0.07% of their US portfolio. First Manhattan has invested 0% of its portfolio in USG Corporation (NYSE:USG). Benin reported 26,400 shares. Wedge Mgmt L Limited Partnership Nc reported 22,125 shares stake. M&T Bancorporation Corporation holds 0% in USG Corporation (NYSE:USG) or 19,566 shares. Tiaa Cref Mgmt Ltd Liability Co holds 0.03% in USG Corporation (NYSE:USG) or 1.54M shares. Bnp Paribas Investment Ptnrs stated it has 115,031 shares. Old Second Financial Bank Of Aurora invested in 0% or 200 shares. Brandywine Invest Mngmt Ltd Llc holds 485,428 shares. First Mercantile Tru holds 0.13% or 28,500 shares.

Since February 13, 2017, it had 1 insider purchase, and 2 sales for $1.55 million activity. Scanlon Jennifer F. bought $44,089 worth of stock. Another trade for 45,596 shares valued at $1.50M was made by HILZINGER MATTHEW F on Monday, February 13.

Wall Street await USG Corporation (NYSE:USG) to release earnings on July, 25. Analysts forecast EPS of $0.53, up exactly $0.07 or 15.22 % from 2014’s $0.46 EPS. The expected USG’s profit could reach $78.21M giving the stock 13.62 P/E in the case that $0.53 earnings per share is reported. After posting $0.37 EPS for the previous quarter, USG Corporation’s analysts now forecast 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. RBC Capital Markets maintained the stock with “Sector Perform” rating in Monday, February 8 report. The company was downgraded on Wednesday, March 29 by Macquarie Research. Goldman Sachs maintained the shares of USG in report on Wednesday, May 4 with “Neutral” rating. On Friday, October 23 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. Citigroup initiated the shares of USG in report on Friday, August 26 with “Neutral” rating. The stock of USG Corporation (NYSE:USG) has “Underperform” rating given on Tuesday, January 26 by Credit Suisse. The stock of USG Corporation (NYSE:USG) earned “Sell” rating by Goldman Sachs on Tuesday, November 22. Goldman Sachs initiated the stock with “Neutral” rating in Thursday, October 8 report. The firm has “Neutral” rating by Wedbush given on Wednesday, July 6. As per Wednesday, November 18, the company rating was upgraded by Northcoast.

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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