Today, the VP, Finance & Treasurer of US Concrete (USCR), Kevin Kohutek, sold shares of USCR for $207.8K.
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Based on US Concrete’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $370 million and quarterly net profit of $2 million. In comparison, last year the company earned revenue of $341 million and had a GAAP net loss of $3.07 million. USCR’s market cap is $683.4M and the company has a P/E ratio of 22.51. Currently, US Concrete has an average volume of 273K.
Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $51.67, reflecting a 25.3% upside.
The insider sentiment on US Concrete has been positive according to 79 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Kevin Kohutek’s trades have generated a -27.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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U.S. Concrete, Inc. engages in the production of ready-mixed concrete. It operates through Ready-mixed Concrete and Aggregate Products segments. The Ready-Mixed Concrete segment focuses on the formulation, preparation, and delivery of ready-mixed concrete to the job sites of customers.
