News headlines about Eagle Materials (NYSE:EXP) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Eagle Materials earned a media sentiment score of 0.00 on Accern’s scale. Accern also assigned headlines about the construction company an impact score of 45.7002265439708 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news headlines that may have effected Accern’s scoring:
- Head-To-Head Survey: Eagle Materials (EXP) versus Loma Negra Compania Industrial Argentina (LOMA) (americanbankingnews.com)
- Eagle Materials Inc (EXP) Insider Sells $1,137,700.00 in Stock (americanbankingnews.com)
- Eagle Materials Inc (EXP) Receives Consensus Rating of “Hold” from Brokerages (americanbankingnews.com)
- Stifel Nicolaus Raises Eagle Materials (EXP) Price Target to $135.00 (americanbankingnews.com)
- Eagle Materials Trying To Close In On Key Technical Measure (finance.yahoo.com)
Shares of Eagle Materials (EXP) traded up $0.38 on Wednesday, reaching $111.68. The company had a trading volume of 532,469 shares, compared to its average volume of 570,421. Eagle Materials has a 52 week low of $86.51 and a 52 week high of $114.96. The stock has a market cap of $5,410.00, a price-to-earnings ratio of 25.04, a P/E/G ratio of 2.83 and a beta of 1.29. The company has a current ratio of 2.02, a quick ratio of 0.94 and a debt-to-equity ratio of 0.44.
Eagle Materials (NYSE:EXP) last announced its quarterly earnings data on Wednesday, October 25th. The construction company reported $1.31 earnings per share for the quarter, missing the consensus estimate of $1.53 by ($0.22). Eagle Materials had a return on equity of 17.75% and a net margin of 15.93%. The firm had revenue of $376.30 million during the quarter, compared to analysts’ expectations of $412.84 million. During the same period last year, the business posted $1.25 EPS. The company’s revenue was up 13.1% compared to the same quarter last year. sell-side analysts predict that Eagle Materials will post 5.02 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 26th. Investors of record on Friday, December 22nd will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.36%. The ex-dividend date of this dividend is Thursday, December 21st. Eagle Materials’s dividend payout ratio (DPR) is currently 9.20%.
EXP has been the topic of a number of recent analyst reports. Stifel Nicolaus lifted their target price on Eagle Materials from $120.00 to $135.00 and gave the stock a “buy” rating in a research note on Wednesday. Zacks Investment Research cut Eagle Materials from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 24th. Finally, Standpoint Research lowered Eagle Materials from a “buy” rating to a “hold” rating in a report on Thursday, September 28th. They noted that the move was a valuation call. One investment 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. Eagle Materials presently has a consensus rating of “Hold” and an average target price of $122.50.
In related news, COO Michael Haack sold 10,000 shares of Eagle Materials stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $112.00, for a total value of $1,120,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Dale Craig Kesler sold 5,000 shares of Eagle Materials stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $111.64, for a total value of $558,200.00. Following the completion of the sale, the chief financial officer now directly owns 56,778 shares of the company’s stock, valued at approximately $6,338,695.92. The disclosure for this sale can be found here. In the last three months, insiders sold 84,968 shares of company stock valued at $9,325,808. 4.10% of the stock is currently owned by insiders.
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Eagle Materials Company Profile
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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