Analysts' ratings for Eagle Materials EXP over the last quarter vary from bullish to bearish, as provided by 7 analysts.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 1 | 1 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 3 | 1 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Eagle Materials, presenting an average target of $262.43, a high estimate of $320.00, and a low estimate of $230.00. Surpassing the previous average price target of $225.57, the current average has increased by 16.34%.
Exploring Analyst Ratings: An In-Depth Overview
The perception of Eagle Materials by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Keith Hughes | Truist Securities | Raises | Buy | $320.00 | $290.00 |
| Adrian Huerta | JP Morgan | Raises | Neutral | $265.00 | $200.00 |
| Keith Hughes | Truist Securities | Raises | Buy | $290.00 | $250.00 |
| Anthony Pettinari | Citigroup | Raises | Buy | $244.00 | $234.00 |
| 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 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Eagle Materials. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Eagle Materials compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Eagle Materials's stock. This comparison reveals trends in analysts' expectations over time.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Eagle Materials's market standing. Stay informed and make well-considered decisions with 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.
Understanding the Numbers: Eagle Materials's Finances
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Eagle Materials's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 9.26% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations 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 financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 9.78%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 4.45%, the company showcases effective utilization of assets.
Debt Management: Eagle Materials's debt-to-equity ratio stands notably higher than the industry average, reaching 0.8. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
How Are Analyst Ratings Determined?
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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