Why USG Corporation (NYSE:USG) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $30.7600 on USG Corporation (NYSE:USG) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $1.7500 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of USG Corporation (NYSE:USG) stands at 3.9627.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For USG Corporation Common Stock, the PEG ratio for coming 3-5 years is 0.6400.

Technical Analysis

The technical analysis highlights that USG Corporation Common Stock current is trading $-0.4329 points away or -1.5430% from its 50-day moving average of $28.0566. Further it is trading $2.2728 or +8.9654% away its 200-day moving average of $25.3509.

The 52-week high of USG Corporation (NYSE:USG) was $32.8800 while lowest point recorded in 52-week was $15.8500. It implies if stock price makes a movement of over $-5.2563, it will record a new 52-week high. In the case of +74.2820% drop, it will touch a new 52-week low.

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