4 analysts have expressed a variety of opinions on Eagle Materials EXP over the past quarter, offering a diverse set of opinions from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 1 | 0 | 0 | 0 |
| Last 30D | 1 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $226.25, a high estimate of $250.00, and a low estimate of $187.00. This current average has increased by 14.41% from the previous average price target of $197.75.
Understanding Analyst Ratings: A Comprehensive Breakdown
The standing of Eagle Materials among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Patrick Tyler Brown | Raymond James | Raises | Outperform | $230.00 | $170.00 |
| Keith Hughes | Truist Securities | Raises | Buy | $250.00 | $220.00 |
| Jerry Revich | Goldman Sachs | Raises | Buy | $238.00 | $215.00 |
| John Baugh | Stifel | Raises | Buy | $187.00 | $186.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Eagle Materials. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Eagle Materials compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Eagle Materials's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Eagle Materials's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Eagle Materials analyst ratings.
Unveiling the Story Behind Eagle Materials
Eagle Materials Inc produces and sells construction products and building materials. Construction products include cement, slag, concrete, and aggregates and building materials include gypsum wallboard, and are sold to the construction and building industries. Basic materials used for oil and natural gas extraction include frac sand and oil well cement. The firm organizes itself into two sectors: Heavy Materials, which includes the Cement and Concrete and Aggregates segments, and Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard segments.
Eagle Materials: Financial Performance Dissected
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Eagle Materials's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 9.26%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Materials sector.
Net Margin: Eagle Materials's net margin is impressive, surpassing industry averages. With a net margin of 23.11%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Eagle Materials's ROE excels beyond industry benchmarks, reaching 9.78%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Eagle Materials's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 4.45% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Eagle Materials's debt-to-equity ratio surpasses industry norms, standing at 0.8. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Understanding the Relevance of Analyst Ratings
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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