Eagle Materials (EXP) Receives News Impact Rating of 0.01
Media stories about Eagle Materials (NYSE:EXP) have been trending somewhat positive recently, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Eagle Materials earned a news impact score of 0.01 on Accern’s scale. Accern also assigned news headlines about the construction company an impact score of 43.5129495461489 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of Eagle Materials (EXP) traded down $2.61 during mid-day trading on Thursday, hitting $109.92. 377,910 shares of the stock were exchanged, compared to its average volume of 571,787. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.94 and a current ratio of 2.02. The company has a market capitalization of $5,458.17, a price-to-earnings ratio of 24.78, a PEG ratio of 2.80 and a beta of 1.29. Eagle Materials has a twelve month low of $86.51 and a twelve month high of $116.72.
Eagle Materials (NYSE:EXP) last announced its quarterly earnings data on Wednesday, October 25th. The construction company reported $1.31 EPS for the quarter, missing the Zacks’ consensus estimate of $1.53 by ($0.22). The business had revenue of $376.30 million during the quarter, compared to the consensus estimate of $412.84 million. Eagle Materials had a return on equity of 17.75% and a net margin of 15.93%. The business’s revenue for the quarter was up 13.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.25 EPS. equities analysts predict that Eagle Materials will post 5.01 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 26th. Stockholders of record on Friday, December 22nd will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.36%. The ex-dividend date is Thursday, December 21st. Eagle Materials’s dividend payout ratio is presently 9.17%.
EXP has been the topic of a number of research reports. Stifel Nicolaus lifted their price target on shares of Eagle Materials from $120.00 to $135.00 and gave the company a “buy” rating in a research note on Wednesday, December 6th. Zacks Investment Research lowered shares of Eagle Materials from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 24th. Finally, Standpoint Research lowered shares of Eagle Materials from a “buy” rating to a “hold” rating in a research note on Thursday, September 28th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $122.50.
In other news, CFO Dale Craig Kesler sold 5,000 shares of the business’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $111.64, for a total value of $558,200.00. Following the sale, the chief financial officer now owns 56,778 shares of the company’s stock, valued at $6,338,695.92. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, COO Michael Haack sold 6,731 shares of the business’s stock in a transaction on Friday, December 8th. The stock was sold at an average price of $115.00, for a total transaction of $774,065.00. Following the completion of the sale, the chief operating officer now directly owns 28,136 shares in the company, valued at approximately $3,235,640. The disclosure for this sale can be found here. In the last three months, insiders sold 85,165 shares of company stock worth $9,438,175. 4.10% of the stock is currently owned by insiders.
About Eagle Materials
Eagle Materials Inc is a supplier of construction products, building materials and materials used for oil and natural gas extraction. The Company operates through five segments: Cement, Concrete and Aggregates, Gypsum Wallboard, Recycled Paperboard, and Oil and Gas Proppants. The Company’s construction products are used in residential, industrial, commercial and infrastructure construction, and include cement, slag, concrete and aggregates.
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