Eagle Materials Inc with ticker code (EXP) now have 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 188 and 145 and has a mean target at 164.71. With the stocks previous close at 116.42 this now indicates there is a potential upside of 41.5%. The 50 day MA is 119.84 and the 200 day MA is 138.12. The company has a market capitalisation of $4,581m. Company Website: https://www.eaglematerials.com
The potential market cap would be $6,482m based on the market concensus.
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 and changed its name to Eagle Materials in January 2004. Eagle Materials Inc. was founded in 1963 and is headquartered in Dallas, Texas.
