Pre-Market Research Reports on General Building Materials Stocks -- Owens Corning, Summit Materials, USG Corp., and Vulcan Materials
NEW YORK, July 31, 2018 /PRNewswire/ -- If you want a free Stock Review on OC, SUM, USG, and VMC sign up now at https://stocktraderreport.com/registration/. On Monday, key US indices were bearish as the NASDAQ Composite finished the trading session down 1.39%; the Dow Jones Industrial Average edged 0.57% lower; and the S&P 500 was down 0.58%. Before the US markets open this morning, StockTraderReport.com appraises these four General Building Materials equities: Owens Corning (NYSE: OC), Summit Materials Inc. (NYSE: SUM), USG Corp. (NYSE: USG), and Vulcan Materials Co. (NYSE: VMC). All you have to do is sign up today for this free limited time offer by clicking the link below.
https://stocktraderreport.com/registration/
Owens Corning
USA-headquartered Owens Corning's stock finished Monday's session 0.56% higher at $62.87. A total volume of 1.90 million shares was traded. The stock is trading below its 50-day moving average by 2.37%. Furthermore, shares of Owens Corning, which together with its subsidiaries, produces and sells glass fiber reinforcements and other materials for composites; and residential and commercial building materials worldwide, have a Relative Strength Index (RSI) of 46.62 and have a dividend yield of 1.34%.
On July 25th, 2018, Owens Corning reported Q2 2018 consolidated net sales of $1.8 billion, net earnings attributable to the Company of $121 million, and adjusted earnings of $131 million. For first-half of 2018, net earnings were $213 million, and adjusted earnings were $221 million.
On July 26th, 2018, research firm Bank of America/ Merrill downgraded the Company's stock rating from 'Buy' to 'Neutral' while revising its previous target price from $90 a share to $75 a share. Get the full research report on OC for free by clicking below at:
https://stocktraderreport.com/registration/?symbol=OC
Summit Materials
Shares in USA-based Summit Materials Inc. ended at $24.87, down 4.68% from the last trading session. The stock recorded a trading volume of 2.56 million shares, which was above its three months average volume of 1.45 million shares. The stock is trading below its 50-day moving average by 8.04%. Moreover, shares of Summit Materials, which together with its subsidiaries, produces and sells construction materials and related downstream products, have an RSI of 33.38.
On July 17th, 2018, Summit Materials announced that it will release its Q2 2018 financial results before the market opens on August 01st, 2018. A conference call will be held that same day at 11:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available under the Investors section of the Company's website. To experience our free membership services anytime/ anywhere and access the free report on SUM, click to register at:
https://stocktraderreport.com/registration/?symbol=SUM
USG Corp.
USA-based USG Corp.'s stock ended yesterday's session 0.02% higher at $43.16 with a total trading volume of 672,496 shares. The Company's shares have advanced 59.44% in the last twelve months and 11.93% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.29% and 12.43%, respectively. Additionally, shares of USG Corp., which through its subsidiaries, manufactures and sells building materials worldwide' have an RSI of 61.10.
On July 25th, 2018, USG Corp. reported its results for Q2 2018. Compared to Q2 2017, net sales were up $69 million to $880 million, and operating profit was down $20 million to $75 million. Net income for Q2 2018 was $58 million, up $22 million, and diluted EPS was $0.41 up $0.17. Join our big investor community at Stock Trader Report now and get your free report on USG at:
https://stocktraderreport.com/registration/?symbol=USG
Vulcan Materials
On Monday, shares in USA-headquartered Vulcan Materials Co. recorded a trading volume of 2.15 million shares, which was above their three months average volume of 1.23 million shares. The stock finished the day 0.97% lower at $117.23. The Company's shares have advanced 4.96% in the previous three months. The stock is trading below its 50-day moving average by 8.25%. Furthermore, shares of Vulcan Materials, which produces and supplies construction aggregates, asphalt mix, and ready-mixed concrete primarily in the US, have an RSI of 29.58 and have a dividend yield of 0.96%.
On July 16th, 2018, Vulcan Materials announced that it will host its Q2 earnings conference call on July 31st, 2018, at 11:00 a.m. ET. Financial results for the quarter ended June 30th, 2018, will be released before the NYSE market opens that same day. The live webcast of the conference call will be available on the Company's website.
On July 25th, 2018, research firm Bank of America/ Merrill downgraded the Company's stock rating from 'Buy' to 'Neutral'. Know more about VMC in our free research coverage at:
https://stocktraderreport.com/registration/?symbol=VMC
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