USG Corp. (NYSE:USG)’s share price traded down 3.1% during trading on Tuesday . The company traded as low as $28.78 and last traded at $29.00, with a volume of 1,418,347 shares traded. The stock had previously closed at $29.94.

A number of equities analysts have recently commented on the company. Jefferies Group reissued a “hold” rating and set a $33.00 price target on shares of USG Corp. in a report on Tuesday. Macquarie reissued a “buy” rating and set a $35.00 price target on shares of USG Corp. in a report on Monday, June 13th. Wedbush upped their target price on USG Corp. from $27.00 to $30.00 and gave the stock a “neutral” rating in a report on Wednesday, July 6th. Zacks Investment Research cut USG Corp. from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 23rd. Finally, Credit Suisse Group AG reaffirmed a “sell” rating on shares of USG Corp. in a report on Tuesday, June 28th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. USG Corp. has a consensus rating of “Hold” and an average target price of $31.75.

The firm has a market cap of $4.20 billion and a P/E ratio of 4.13. The company’s 50 day moving average is $28.53 and its 200 day moving average is $26.35.

USG Corp. (NYSE:USG) last posted its quarterly earnings data on Tuesday, July 26th. The company reported $0.46 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.48 by $0.02. The company earned $1,000 million during the quarter, compared to the consensus estimate of $1.01 billion. The business’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same period last year, the company earned $0.53 earnings per share. Equities research analysts forecast that USG Corp. will post $1.75 earnings per share for the current year.

An institutional investor recently raised its position in USG Corp. stock. BNP Paribas Arbitrage SA raised its stake in shares of USG Corp. (NYSE:USG) by 122.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 207,053 shares of the company’s stock after buying an additional 113,996 shares during the period. BNP Paribas Arbitrage SA owned 0.14% of USG Corp. worth $5,029,000 at the end of the most recent reporting period.

USG Corporation is a manufacturer and distributor of building materials. The Company produces a range of products for use in new residential, new nonresidential, and residential and nonresidential repair and remodel construction, as well as products used in certain industrial processes. The Company’s segments include Gypsum, Ceilings, Distribution, and USG Boral Building Products.

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