Eagle Materials (NYSE:EXP) – Investment analysts at Northcoast Research issued their Q1 2019 EPS estimates for Eagle Materials in a note issued to investors on Thursday, May 17th. Northcoast Research analyst K. Hocevar expects that the construction company will earn $1.53 per share for the quarter. Northcoast Research also issued estimates for Eagle Materials’ Q2 2019 earnings at $1.80 EPS, Q3 2019 earnings at $1.70 EPS, Q4 2019 earnings at $1.17 EPS and FY2020 earnings at $7.40 EPS.

EXP has been the topic of several other reports. Raymond James assumed coverage on shares of Eagle Materials in a research report on Tuesday, March 13th. They issued a “market perform” rating on the stock. Stifel Nicolaus restated a “buy” rating and set a $130.00 price objective on shares of Eagle Materials in a research report on Friday, February 16th. Citigroup assumed coverage on shares of Eagle Materials in a research report on Tuesday, March 13th. They set a “market perform” rating on the stock. They noted that the move was a valuation call. Jefferies Group assumed coverage on shares of Eagle Materials in a research report on Tuesday, April 17th. They set a “buy” rating and a $121.00 price objective on the stock. Finally, Longbow Research upgraded shares of Eagle Materials from a “neutral” rating to a “buy” rating in a research report on Friday, March 23rd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $130.33.

Shares of EXP stock opened at $106.24 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.06 and a current ratio of 2.56. Eagle Materials has a 12-month low of $107.55 and a 12-month high of $110.33. The company has a market capitalization of $5.24 billion, a P/E ratio of 21.42, a P/E/G ratio of 2.09 and a beta of 1.20.

Eagle Materials (NYSE:EXP) last issued its earnings results on Tuesday, May 15th. The construction company reported $0.82 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.08 by ($0.26). Eagle Materials had a return on equity of 18.10% and a net margin of 18.51%. The company had revenue of $284.70 million during the quarter, compared to analysts’ expectations of $308.56 million. During the same quarter in the prior year, the business posted $0.88 EPS. The company’s revenue for the quarter was up 2.2% compared to the same quarter last year.

In other Eagle Materials news, EVP James H. Graass sold 10,000 shares of Eagle Materials stock in a transaction on Tuesday, May 15th. The shares were sold at an average price of $110.00, for a total value of $1,100,000.00. Following the sale, the executive vice president now directly owns 61,715 shares in the company, valued at approximately $6,788,650. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 4.10% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Arizona State Retirement System increased its holdings in Eagle Materials by 27.5% in the 4th quarter. Arizona State Retirement System now owns 35,000 shares of the construction company’s stock valued at $3,966,000 after acquiring an additional 7,542 shares during the last quarter. Hermes Investment Management Ltd. increased its holdings in Eagle Materials by 2.6% in the 4th quarter. Hermes Investment Management Ltd. now owns 590,404 shares of the construction company’s stock valued at $66,893,000 after acquiring an additional 14,788 shares during the last quarter. Sowell Financial Services LLC bought a new stake in Eagle Materials in the 4th quarter valued at $566,000. First Trust Advisors LP increased its holdings in Eagle Materials by 971.5% in the 4th quarter. First Trust Advisors LP now owns 91,681 shares of the construction company’s stock valued at $10,387,000 after acquiring an additional 83,125 shares during the last quarter. Finally, Ascend Capital LLC bought a new stake in Eagle Materials in the 4th quarter valued at $979,000. Institutional investors own 96.35% of the company’s stock.

About Eagle Materials

Eagle Materials Inc produces and sells construction products and building materials for use in residential, industrial, commercial, and infrastructure construction in the United States. It also produces materials used for oil and natural gas extraction. The company operates in five segments: Cement, Concrete and Aggregates, Gypsum Wallboard, Recycled Paperboard, and Oil and Gas Proppants.

Earnings History and Estimates for Eagle Materials (NYSE:EXP)

Receive News & Ratings for Eagle Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eagle Materials and related companies with MarketBeat.com's FREE daily email newsletter.