Stalk Candidates

An Interesting Small Cap Play In The Construction/Materials Space 20 Jan 2017


USCR — US Concrete, Inc.

Profile: U.S. Concrete, Inc., through its subsidiaries, produces and sells ready-mixed concrete, aggregates, and concrete-related products and services for the construction industry in the United States. It operates through two segments, Ready-Mixed Concrete and Aggregate Products. The Ready-Mixed Concrete segment is involved in the formulation, preparation, 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 also engages in the operation of building materials stores; provision of concrete blocks, lime slurry, and Aridus rapid-drying concrete technology; sale of brokered products; hauling and recycled aggregates operation activities; and operation of drum mixer trucks, as well as transfer trucks for transporting cement and aggregates. It primarily serves concrete sub-contractors, general contractors, governmental agencies, property owners and developers, architects, engineers, and home builders in north and west Texas, California, New Jersey, New York, Washington, D.C., and Oklahoma. U.S. Concrete, Inc. was incorporated in 1997 and is headquartered in Euless, Texas.

Basic Metrics:

Stock Symbol: USCR
Snapshot Date: 1/22/2017
Market Capitalization: $985,265,973.00
52 Week High: $ $69.66
52 Week Low: $ $42.05
Current Price: $61.65
Change (relative prev day close) $1.10
% Change (relative to yday close) 1.82%
Current Price % 52wk Range 70.99%
Most Recent Daily Open $60.80
Most Recent Daily High $61.90
Most Recent Daily Low $60.75
Earnings/Share (Most recent report) $2.95
PE (Price Earnings Ratio) 20.89
Beta 1.37

And here’s the weekly chart…


Those of you who have followed me for any amount of time know that this is one of my favorite patterns to trade.

If you like this pattern yourself, longs can be taken on lower timeframe setups as long as price stays above the rising trendline and the $42.50 level.

The company is next scheduled to report on 2 March 2017.

Go forth and prosper…

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