Eagle Materials Inc with ticker code (EXP) now have 16 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 190 and 145 with a mean TP of 174. Given that the stocks previous close was at 125.98 this indicates there is a potential upside of 38.1%. The 50 day moving average now sits at 130.45 and the 200 day moving average is 144.74. The market capitalisation for the company is $4,977m. Company Website: https://www.eaglematerials.com
The potential market cap would be $6,874m based on the market concensus.
Eagle Materials Inc., through its subsidiaries, produces and supplies heavy construction materials, light building materials, and materials used for oil and natural gas extraction in the United States. It operates in five segments: Cement, Concrete and Aggregates, Gypsum Wallboard, Recycled Paperboard, and Oil and Gas Proppants. 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 is also involved in the manufacture and sale of recycled paperboard for the gypsum wallboard industry and other paperboard converters, as well as provision of containerboard grade and lightweight packaging grade products. In addition, the company engages in the sale of ready-mix concrete; mining, extracting, production, and sale of aggregates, including crushed stones, sand, and gravel; and mining and sale of sand used in hydraulic fracturing, such as frac sand. Its products are used in commercial and residential construction; public construction projects; projects to build, expand, and repair roads and highways; and oil and natural gas extraction. The company was formerly known as Centex Construction Products and changed its name to Eagle Materials in January 2004. Eagle Materials Inc. was founded in 1963 and is headquartered in Dallas, Texas.
