Yahoo Finance If You Had Bought U.S. Concrete (NASDAQ:USCR) Shares A Year Ago You'd Have Earned 183% Returns
Unfortunately, investing is risky - companies can and do go bankrupt. On the other hand, if you find a high quality business to buy (at the right price) you can more than double your money! For example, the U.S. Concrete, Inc. (NASDAQ:USCR) share price has soared 183% in the last year. Most would be very happy with that, especially in just one year! It's also good to see the share price up 18% over the last quarter. It is also impressive that the stock is up 43% over three years, adding to the sense that it is a real winner.
See our latest analysis for U.S. Concrete
While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.
During the last year U.S. Concrete grew its earnings per share (EPS) by 62%. The share price gain of 183% certainly outpaced the EPS growth. This indicates that the market is now more optimistic about the stock. The fairly generous P/E ratio of 51.61 also points to this optimism.
You can see how EPS has changed over time in the image below (click on the chart to see the exact values).
We know that U.S. Concrete has improved its bottom line lately, but is it going to grow revenue? You could check out this free report showing analyst revenue forecasts.
A Different Perspective
We're pleased to report that U.S. Concrete shareholders have received a total shareholder return of 183% over one year. That gain is better than the annual TSR over five years, which is 2%. Therefore it seems like sentiment around the company has been positive lately. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. It's always interesting to track share price performance over the longer term. But to understand U.S. Concrete better, we need to consider many other factors. For instance, we've identified 3 warning signs for U.S. Concrete (1 shouldn't be ignored) that you should be aware of.
Of course U.S. Concrete may not be the best stock to buy. So you may wish to see this free collection of growth stocks.
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.
This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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