Eagle Materials Inc with ticker code (EXP) have now 11 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 186 and 140 and has a mean target at $157.59. Given that the stocks previous close was at $147.38 and the analysts are correct then there would likely be a percentage uptick in value of 6.9%. Also worth taking note is the 50 day moving average now sits at $142.25 and the 200 moving average now moves to $128.25. The total market capitalization for the company now stands at $5,162m. Visit the company website at: https://www.eaglematerials.com
The potential market cap would be $5,519m based on the market consensus.
Eagle Materials Inc., through its subsidiaries, produces and supplies heavy construction materials and light building materials in the United States. It operates through Cement, Concrete and Aggregates, Gypsum Wallboard, and Recycled Paperboard segments. The company engages in the mining of limestone for the manufacture, production, distribution, and sale of Portland cement; grinding and sale of slag; and mining of gypsum for the manufacture and sale of gypsum wallboards used to finish the interior walls and ceilings in residential, commercial, and industrial structures. It also manufactures and sells recycled paperboard to gypsum wallboard industry and other paperboard converters, as well as containerboard and lightweight packaging grades. In addition, the company engages in the sale of ready-mix concrete; and mining, extracting, production, and sale of aggregates, including crushed stones, sand, and gravel. Its products are used in commercial and residential construction; public construction projects; and projects to build, expand, and repair roads and highways. The company was formerly known as Centex Construction Products, Inc. and changed its name to Eagle Materials, Inc. in January 2004. Eagle Materials Inc. was founded in 1963 and is headquartered in Dallas, Texas.
The company has a dividend yield of 0.68% with the ex dividend date set at 16-3-2023 (DMY).
Other points of data to note are a P/E ratio of 12.33, revenue per share of 55.63 and a 13.03% return on assets.
