Market News

USG (USG) Hit By Raymond James Downgrade; Dial Has 0.91 Sentiment

USG Corporation (NYSE:USG) Logo

New York-listed USG (NYSE:USG), was cut by analysts at Raymond James. Raymond James cut its rating on the $6.02B market cap company to a Market Perform from a previous Outperform.

Dial Corp (DL) investors sentiment increased to 0.91 in 2018 Q1. It’s up 0.06, from 0.85 in 2017Q4. The ratio improved, as 10 investment professionals increased or opened new holdings, while 11 decreased and sold their holdings in Dial Corp. The investment professionals in our database now possess: 7.36 million shares, up from 6.10 million shares in 2017Q4. Also, the number of investment professionals holding Dial Corp in top ten holdings was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 6 Increased: 6 New Position: 4.

USG Corporation, through its subsidiaries, makes and sells building materials worldwide. The company has market cap of $6.02 billion. The company??s Gypsum segment makes and markets gypsum and related products to construct walls, ceilings, roofs, and floors of residential, commercial, and institutional buildings, as well as for various industrial applications. It has a 91.29 P/E ratio. This segment offers gypsum panels, as well as joint compounds, corner beads, joint tapes, and plasters for wallboard joints finishing under the Sheetrock brand; cement board under the Durock brand; backerboard that includes abuse-resistant interior wall panels, tile backer boards, and flooring underlayments under the Fiberock brand; poured gypsum flooring systems under the Levelrock brand; roof boards under the Securock brand; and air-water barrier system and industrial gypsum under the ExoAir 430 brand.

More important recent USG Corporation (NYSE:USG) news were published by: Seekingalpha.com which released: “Warren Buffett’s Happy. And You Should Be Too” on June 12, 2018, also Bizjournals.com published article titled: “Knauf to acquire USG in $7 billion deal”, Themiddlemarket.com published: “M&A daily wrap: Rockwell, PTC, L Catterton, Splunk, Heineken, Knauf” on June 11, 2018. More interesting news about USG Corporation (NYSE:USG) was released by: Prnewswire.com and their article: “USG INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC …” with publication date: June 12, 2018.

The stock decreased 0.02% or $0.01 during the last trading session, reaching $43.18. About 3.20 million shares traded or 75.65% up from the average. USG Corporation (NYSE:USG) has risen 45.47% since June 16, 2017 and is uptrending. It has outperformed by 32.90% the S&P500. Some Historical USG News: 07/05/2018 – USG, KNAUF ENTERED 2-YEAR CONFIDENTIALITY PACT ON MAY 4; 13/04/2018 – USG BOARD: KNAUF NO-VOTE CALL IS MISGUIDED ATTEMPT TO PRESSURE; 26/03/2018 – Berkshire Hathaway Says Knauf Made Offer for USG at $42 a Share; 26/03/2018 – Knauf Confirms Proposal Regarding Potential USG Transaction; 01/05/2018 – USG BOARD AUTHORIZES TALKS WITH KNAUF ON POTENTIAL SALE; 26/03/2018 – Buffett-backed USG rejects buyout offer from Germany’s Knauf; 30/04/2018 – Comstock Resources Sells Eagle Ford Shale Properties to USG Energy Gas Producter Hldgs Unit for $125M; 01/05/2018 – USG agrees to discuss possible sale with Knauf; 12/04/2018 – Buffett’s Berkshire will oppose USG board nominees after Knauf bid; 16/04/2018 – KNAUF COMMENTS IN LETTER TO MEMBERS OF USG BOARD

Investors sentiment is 0.88 in 2018 Q1. Its the same as in 2017Q4. It is without change, as 28 investors sold USG Corporation shares while 81 reduced holdings. only 40 funds opened positions while 56 raised stakes. 112.04 million shares or 0.95% less from 113.11 million shares in 2017Q4 were reported. Barclays Public Ltd Company holds 180,851 shares or 0.01% of its portfolio. The Virginia-based Davenport Ltd Liability Com has invested 0% in USG Corporation (NYSE:USG). Vanguard Gru holds 6.93 million shares. Citadel Advsrs Lc holds 0.03% of its portfolio in USG Corporation (NYSE:USG) for 1.50M shares. The Washington-based Freestone Capital Ltd has invested 0.09% in USG Corporation (NYSE:USG). James Invest holds 0.09% of its portfolio in USG Corporation (NYSE:USG) for 56,641 shares. The Oklahoma-based Tru Of Oklahoma has invested 0% in USG Corporation (NYSE:USG). D E Shaw accumulated 90,448 shares. White Pine Inv Company, Michigan-based fund reported 103,210 shares. Tig Advsr accumulated 0.42% or 190,877 shares. First Quadrant L P Ca has 6,400 shares. 448,081 are held by Northern Tru Corporation. First Tru Advsrs Lp has invested 0.02% in USG Corporation (NYSE:USG). 6,690 were reported by State Of Alaska Department Of Revenue. Blackrock holds 3.99M shares or 0.01% of its portfolio.

Since June 1, 2018, it had 0 buys, and 1 sale for $620,252 activity. Shares for $620,252 were sold by COOK BRIAN J.

Among 24 analysts covering USG Corporation (NYSE:USG), 5 have Buy rating, 2 Sell and 17 Hold. Therefore 21% are positive. USG Corporation has $44 highest and $24 lowest target. $37.38’s average target is -13.43% below currents $43.18 stock price. USG Corporation had 90 analyst reports since July 29, 2015 according to SRatingsIntel. Citigroup maintained the shares of USG in report on Friday, October 27 with “Neutral” rating. The stock has “Hold” rating by Jefferies on Monday, April 23. The company was maintained on Monday, September 18 by Nomura. Credit Suisse downgraded the shares of USG in report on Wednesday, April 25 to “Sell” rating. As per Friday, February 2, the company rating was maintained by Nomura. Barclays Capital initiated USG Corporation (NYSE:USG) on Friday, January 6 with “Underweight” rating. Stifel Nicolaus maintained the shares of USG in report on Thursday, October 26 with “Hold” rating. Jefferies maintained the shares of USG in report on Friday, June 2 with “Hold” rating. As per Monday, September 11, the company rating was maintained by Nomura. The stock of USG Corporation (NYSE:USG) earned “Neutral” rating by Wedbush on Wednesday, July 6.

Analysts await USG Corporation (NYSE:USG) to report earnings on July, 25. They expect $0.61 EPS, up 38.64% or $0.17 from last year’s $0.44 per share. USG’s profit will be $85.07M for 17.70 P/E if the $0.61 EPS becomes a reality. After $0.32 actual EPS reported by USG Corporation for the previous quarter, Wall Street now forecasts 90.63% EPS growth.

The stock decreased 3.38% or $0.25 during the last trading session, reaching $7.15. About 30,401 shares traded or 23.81% up from the average. China Distance Education Holdings Limited (DL) has declined 11.31% since June 16, 2017 and is downtrending. It has underperformed by 23.88% the S&P500. Some Historical DL News: ; 16/05/2018 – CHINA DISTANCE EDUCATION HOLDINGS LTD DL.N SEES FY 2018 REVENUE $155.8 MLN TO $162.4 MLN; 16/05/2018 – China Distance Education 2Q Loss/Shr 2.5c; 07/03/2018 – CHINA DISTANCE EDUCATION HOLDINGS LTD – QTRLY NET INCOME PER AMERICAN DEPOSITARY SHARE $0.003; 07/03/2018 – China Distance Education Sees FY18 Rev $150.6M-$157.2M; 16/05/2018 – China Distance Education 2Q Rev $29.7M; 07/03/2018 – China Distance Education 1Q EPS $0.00; 16/05/2018 – China Distance Education Sees FY Rev $155.8M-$162.4M; 22/05/2018 – China Distance Education Holdings Limited Announces Results of Annual General Meeting of Shareholders; 07/03/2018 – CHINA DISTANCE EDUCATION HOLDINGS LTD – QTRLY NON-GAAP NET INCOME PER ADS WERE $0.018; 07/03/2018 – CHINA DISTANCE EDUCATION HOLDINGS LTD DL.N SEES FY 2018 REVENUE $150.6 MLN TO $157.2 MLN

Herald Investment Management Ltd holds 0.49% of its portfolio in China Distance Education Holdings Limited for 206,473 shares. Sensato Investors Llc owns 337,588 shares or 0.43% of their US portfolio. Moreover, Parametrica Management Ltd has 0.1% invested in the company for 10,199 shares. The United Kingdom-based Jupiter Asset Management Ltd has invested 0.07% in the stock. Van Berkom & Associates Inc., a Quebec – Canada-based fund reported 295,879 shares.

USG Corporation (NYSE:USG) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *