U.S. Concrete produces and sells ready-mixed concrete, aggregates, and concrete-related products and services for the construction industry in the United States. The company was founded in 1948 and is based in Euless, Texas.
USCR Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Us Concrete Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Us Concrete Inc ranked in the 86th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 1048.67%. In terms of the factors that were most noteworthy in this DCF analysis for USCR, they are:
35% of the company's capital comes from equity, which is greater than just 12.22% of stocks in our cash flow based forecasting set.
Us Concrete Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than merely 0% of US stocks with positive free cash flow.
Relative to other stocks in its sector (Basic Materials), Us Concrete Inc has a reliance on debt greater than 93.19% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Basic Materials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as USCR, try UNVR, VALE, CLW, GMS, and KRA.
U.S. Concrete (USCR) prices a private offering of $400M aggregate principal amount of its 5.125% senior notes due 2029.This represents an increase of $100 million from the aggregate principal amount previously announced, at an issue price of 100%.Offering expected to close on September 23, 2020.Shares -1.9% AH.See the company's latest earnings and estimates...
U.S. Concrete (USCR) proposed to privately offer $300M aggregate principal amount of senior notes due 2029, guaranteed on a senior unsecured basis.Interest rate and other terms will be determined while pricing the offer.Net proceeds along with available borrowings, under its senior secured asset-based revolving credit facility, will be used redeem $300M of...
U.S. Concrete, Inc. (NASDAQ:USCR) plans to release second quarter 2020 results on Tuesday, August 4, 2020 at 6:00 a.m. Eastern Time. In conjunction with the release, U.S. Concrete has scheduled an investor conference call which will be held on Tuesday, August 4, 2020 at 8:30 a.m. Eastern Time (7:30 a.m. Central Time).