CRH (CRH) Expected to Announce Quarterly Earnings on Wednesday

CRH (NYSE:CRH) is anticipated to issue its quarterly earnings data after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $1.44 per share and revenue of $9.00 billion for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

CRH Stock Up 0.0 %

Shares of CRH stock opened at $100.36 on Tuesday. The business has a 50 day moving average of $98.02 and a two-hundred day moving average of $94.89. CRH has a 52 week low of $71.18 and a 52 week high of $110.97. The company has a market cap of $68.16 billion, a P/E ratio of 20.07, a PEG ratio of 1.15 and a beta of 1.30.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on CRH shares. Barclays started coverage on CRH in a research note on Tuesday, October 29th. They issued an “overweight” rating and a $110.00 target price for the company. Morgan Stanley lifted their price target on CRH from $95.00 to $104.00 and gave the company an “overweight” rating in a report on Monday, November 11th. Hsbc Global Res raised CRH to a “strong-buy” rating in a report on Monday, November 11th. Citigroup cut their price target on CRH from $120.00 to $115.00 and set a “buy” rating on the stock in a report on Monday, January 6th. Finally, JPMorgan Chase & Co. lifted their price target on CRH from $114.00 to $116.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Two research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $107.75.

CRH Company Profile

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.