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.
Good value with moderate growth potential.
Share Price & News
How has U.S. Concrete's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: USCR's share price has been volatile over the past 3 months.
7 Day Return
US Basic Materials
1 Year Return
US Basic Materials
Return vs Industry: USCR underperformed the US Basic Materials industry which returned -13.6% over the past year.
Return vs Market: USCR underperformed the US Market which returned 6.7% over the past year.
Price Volatility Vs. Market
How volatile is U.S. Concrete's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 months ago | Simply Wall StShould You Investigate U.S. Concrete, Inc. (NASDAQ:USCR) At US$36.78?
5 months ago | Simply Wall StA Closer Look At U.S. Concrete, Inc.'s (NASDAQ:USCR) Uninspiring ROE
5 months ago | Simply Wall StDoes U.S. Concrete, Inc.'s (NASDAQ:USCR) CEO Pay Compare Well With Peers?
Is U.S. Concrete undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: USCR ($24.21) is trading below our estimate of fair value ($57.04)
Significantly Below Fair Value: USCR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: USCR is poor value based on its PE Ratio (27.5x) compared to the US Basic Materials industry average (22.1x).
PE vs Market: USCR is poor value based on its PE Ratio (27.5x) compared to the US market (16.2x).
Price to Earnings Growth Ratio
PEG Ratio: USCR is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: USCR is good value based on its PB Ratio (1.2x) compared to the US Basic Materials industry average (1.4x).
How is U.S. Concrete forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: USCR's forecast earnings growth (61.8% per year) is above the savings rate (2.2%).
Earnings vs Market: USCR's earnings (61.8% per year) are forecast to grow faster than the US market (22.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: USCR's revenue (2.7% per year) is forecast to grow slower than the US market (9.4% per year).
High Growth Revenue: USCR's revenue (2.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: USCR's Return on Equity is forecast to be low in 3 years time (7.6%).
How has U.S. Concrete performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: USCR has a large one-off gain of $4.7M impacting its March 31 2020 financial results.
Growing Profit Margin: USCR's current net profit margins (1%) are lower than last year (2.1%).
Past Earnings Growth Analysis
Earnings Trend: USCR's earnings have grown significantly by 22.6% per year over the past 5 years.
Accelerating Growth: USCR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: USCR had negative earnings growth (-53.3%) over the past year, making it difficult to compare to the Basic Materials industry average (3.4%).
Return on Equity
High ROE: USCR's Return on Equity (4.4%) is considered low.
How is U.S. Concrete's financial position?
Financial Position Analysis
Short Term Liabilities: USCR's short term assets ($332.6M) exceed its short term liabilities ($248.2M).
Long Term Liabilities: USCR's short term assets ($332.6M) do not cover its long term liabilities ($928.8M).
Debt to Equity History and Analysis
Debt Level: USCR's debt to equity ratio (193.1%) is considered high.
Reducing Debt: USCR's debt to equity ratio has reduced from 233.9% to 193.1% over the past 5 years.
Debt Coverage: USCR's debt is well covered by operating cash flow (22.8%).
Interest Coverage: USCR's interest payments on its debt are not well covered by EBIT (1.4x coverage).
What is U.S. Concrete current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate USCR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate USCR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if USCR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if USCR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of USCR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ronnie Pruitt (49yo)
Mr. Ronnie A. Pruitt has been Director at U.S. Concrete, Inc. since May 14, 2020. Mr. Pruitt serves as a President since April 15, 2019 at U.S. Concrete, Inc. and serves as its CEO since May 2020 and serve ...
CEO Compensation Analysis
Compensation vs Market: Ronnie's total compensation ($USD1.88M) is about average for companies of similar size in the US market ($USD2.16M).
Compensation vs Earnings: Ronnie's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Senior VP & CFO||2.75yrs||US$1.58m||0.093% $369.4k|
|Senior VP||6.92yrs||US$1.30m||0.11% $422.0k|
|Vice President of Human Resources||8.17yrs||no data||0.17% $672.8k|
|VP, Corporate Controller & Chief Accounting Officer||1.42yrs||no data||0.028% $111.4k|
Experienced Management: USCR's management team is considered experienced (2.8 years average tenure).
|Independent Chairman of the Board||0.17yr||US$270.00k||0.42% $1.7m|
|Independent Director||9.92yrs||US$240.00k||0.60% $2.4m|
|Independent Director||8.58yrs||US$240.00k||0.52% $2.1m|
|Independent Director||9.92yrs||US$235.00k||0.072% $286.3k|
|Independent Director||0.17yr||no data||no data|
|Independent Director||1.92yrs||US$230.00k||0.020% $80.8k|
Experienced Board: USCR's board of directors are considered experienced (5.3 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
U.S. Concrete, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: U.S. Concrete, Inc.
- Ticker: USCR
- Exchange: NasdaqGS
- Founded: 1997
- Industry: Construction Materials
- Sector: Materials
- Market Cap: US$398.596m
- Shares outstanding: 16.46m
- Website: https://www.us-concrete.com
Number of Employees
- U.S. Concrete, Inc.
- 331 North Main Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|USCR||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Oct 2010|
|0U1N||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Oct 2010|
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. The Ready-Mixed Concrete segment engages in the formulation, production, and delivery of ready-mixed concrete to customers’ job sites; and the provision of various services that include the formulation of mixtures for specific design uses, on-site and lab-based product quality control, and customized delivery programs. The Aggregate Products segment offers crushed stone, sand, and gravel for use in commercial, industrial, and public works projects. The company’s other products include building materials stores, hauling operations, aggregates distribution terminals, a recycled aggregates operation and concrete blocks, as well as products, including ARIDUS Rapid Drying Concrete technology and the Where’s My Concrete family of Web and mobile applications. It primarily serves concrete general contractors, governmental agencies, and developers, architects, engineers, and home builders. The company was founded in 1997 and is based in Euless, Texas.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/12 00:06|
|End of Day Share Price||2020/07/10 00:00|
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.