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USCR

U.S. ConcreteNasdaqGS:USCR Stock Report

Market Cap

US$1.3b

7D

2.7%

1Y

166.9%

Updated

26 Aug, 2021

Data

Company Financials +
USCR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance0/6
Financial Health2/6
Dividends0/6

USCR Overview

U.S. Concrete, Inc., through its subsidiaries, produces and sells ready-mixed concrete, aggregates, and concrete-related products and services to the construction industry in the United States, the U.S.

U.S. Concrete Competitors

Vulcan Materials

NYSE:VMC

US$23.9b

Martin Marietta Materials

NYSE:MLM

US$23.1b

Eagle Materials

NYSE:EXP

US$5.9b

Summit Materials

NYSE:SUM

US$4.0b

Price History & Performance

Summary of all time highs, changes and price drops for U.S. Concrete
Historical stock prices
Current Share PriceUS$73.99
52 Week HighUS$25.12
52 Week LowUS$78.99
Beta1.34
1 Month Change1.36%
3 Month Change29.83%
1 Year Change166.92%
3 Year Change52.40%
5 Year Change45.36%
Change since IPO687.13%

Recent News & Updates

Jun 17

Vulcan Materials: Economic Boom, Valuation Gloom

We bring to you a major producer of construction materials today. It has a presence in 20 US states and has a diversified customer base. We review the numbers and provide our take.

Shareholder Returns

USCRUS Basic MaterialsUS Market
7D2.7%5.0%4.0%
1Y166.9%39.2%30.5%

Return vs Industry: USCR exceeded the US Basic Materials industry which returned 74.2% over the past year.

Return vs Market: USCR exceeded the US Market which returned 30% over the past year.

Price Volatility

Is USCR's price volatile compared to industry and market?
USCR volatility
USCR Beta1.34
Industry Beta0.81
Market Beta1

Stable Share Price: USCR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: USCR's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19972,967Ronnie Pruitthttps://www.us-concrete.com

U.S. Concrete, Inc., through its subsidiaries, produces and sells ready-mixed concrete, aggregates, and concrete-related products and services to the construction industry in the United States, the U.S. Virgin Islands, and Canada. It operates through two segments, Ready-Mixed Concrete and Aggregate Products.

U.S. Concrete Fundamentals Summary

How do U.S. Concrete's earnings and revenue compare to its market cap?
USCR fundamental statistics
Market CapUS$1.26b
Earnings (TTM)-US$3.10m
Revenue (TTM)US$1.32b

0.9x

P/S Ratio

-399.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
USCR income statement (TTM)
RevenueUS$1.32b
Cost of RevenueUS$1.02b
Gross ProfitUS$298.90m
ExpensesUS$302.00m
Earnings-US$3.10m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.19
Gross Margin22.61%
Net Profit Margin-0.23%
Debt/Equity Ratio185.3%

How did USCR perform over the long term?

See historical performance and comparison

Valuation

Is U.S. Concrete undervalued compared to its fair value and its price relative to the market?

3.53x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: USCR ($73.99) is trading above our estimate of fair value ($64.52)

Significantly Below Fair Value: USCR is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: USCR is unprofitable, so we can't compare its PE Ratio to the US Basic Materials industry average.

PE vs Market: USCR is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate USCR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: USCR's PB Ratio (3.5x) is in line with the US Basic Materials industry average.


Future Growth

How is U.S. Concrete forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

72.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: USCR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: USCR is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: USCR's is expected to become profitable in the next 3 years.

Revenue vs Market: USCR's revenue (6.5% per year) is forecast to grow slower than the US market (9.2% per year).

High Growth Revenue: USCR's revenue (6.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if USCR's Return on Equity is forecast to be high in 3 years time


Past Performance

How has U.S. Concrete performed over the past 5 years?

5.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: USCR is currently unprofitable.

Growing Profit Margin: USCR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: USCR is unprofitable, but has reduced losses over the past 5 years at a rate of 5.8% per year.

Accelerating Growth: Unable to compare USCR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: USCR is unprofitable, making it difficult to compare its past year earnings growth to the Basic Materials industry (51.2%).


Return on Equity

High ROE: USCR has a negative Return on Equity (-1.19%), as it is currently unprofitable.


Financial Health

How is U.S. Concrete's financial position?


Financial Position Analysis

Short Term Liabilities: USCR's short term assets ($325.8M) exceed its short term liabilities ($225.4M).

Long Term Liabilities: USCR's short term assets ($325.8M) do not cover its long term liabilities ($918.5M).


Debt to Equity History and Analysis

Debt Level: USCR's debt to equity ratio (185.3%) is considered high.

Reducing Debt: USCR's debt to equity ratio has reduced from 298.4% to 185.3% over the past 5 years.

Debt Coverage: USCR's debt is not well covered by operating cash flow (14.4%).

Interest Coverage: USCR's interest payments on its debt are not well covered by EBIT (1x coverage).


Balance Sheet


Dividend

What is U.S. Concrete current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate USCR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate USCR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if USCR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if USCR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of USCR's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.1yrs

Average management tenure


CEO

Ronnie Pruitt (50 yo)

1.33yrs

Tenure

US$3,391,626

Compensation

Mr. Ronnie A. Pruitt has been a Director at U.S. Concrete, Inc. since May 14, 2020. Mr. Pruitt serves as the President at U.S.Concrete, Inc. since April 15, 2019 and serves as its Chief Executive Officer...


CEO Compensation Analysis

Compensation vs Market: Ronnie's total compensation ($USD3.39M) is about average for companies of similar size in the US market ($USD3.66M).

Compensation vs Earnings: Ronnie's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: USCR's management team is considered experienced (4.1 years average tenure).


Board Members

Experienced Board: USCR's board of directors are considered experienced (3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.7%.


Top Shareholders

Company Information

U.S. Concrete, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: U.S. Concrete, Inc.
  • Ticker: USCR
  • Exchange: NasdaqGS
  • Founded: 1997
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: US$1.263b
  • Shares outstanding: 17.07m
  • Website: https://www.us-concrete.com

Number of Employees


Location

  • U.S. Concrete, Inc.
  • 331 North Main Street
  • Euless
  • Texas
  • 76039
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/08/26 22:13
End of Day Share Price2021/08/25 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.