|Bid||27.30 x 1000|
|Ask||30.00 x 1000|
|Day's Range||28.08 - 29.42|
|52 Week Range||6.75 - 56.22|
|Beta (5Y Monthly)||1.61|
|PE Ratio (TTM)||22.87|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Moody's Investors Service (Moody's) assigned a B3 rating to US Concrete, Inc.'s (US Concrete) proposed $300 million senior unsecured notes due 2029. The proceeds from the new notes will be used to redeem $300.0 million of the company's $600.0 million aggregate principal amount of its 6.375% senior unsecured notes due 2024. Pro forma for the proposed offering, Moody's projects US Concrete's debt-to-EBITDA (inclusive of Moody's adjustments) will be 5.4x at year end 2020.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...