Brokerages have given Eagle Materials Inc. (NYSE: EXP) an average rating of “Moderate Buy.”


According to Bloomberg Ratings, the company’s stock has been assigned an average rating of “Moderate Buy” by the thirteen research firms currently studying Eagle Materials Inc. (NYSE: EXP). These companies are currently following the company. Bloomberg Ratings is the source of this information.

Four financial analysts suggested keeping the stock, while six others recommended buying it. Brokerage firms that covered the company over the past year had an average price target of $159.09 per share for the company’s stock over the next year. A wide variety of research institutions shared their views on EXP.

Some of these institutions include: Goldman Sachs Group cut its price target on Eagle Materials shares from $190.00 to $162.00 in a research report released Friday, May 20. Despite this change, they kept their “buy” rating on the company. DA Davidson produced the research report on Friday, May 20, giving Eagle Materials a “neutral rating.” The company’s initial projection for the stock was that it would reach a price of $160.00 by the end of the year.

Eagle Materials received a “buy” recommendation from Bloomberg in a research note published July 29. The note was made public by the firm. Eagle Materials had its price target lowered by JPMorgan Chase & Co. from $165.00 to $130.00 in a research note released Wednesday, July 20.

Additionally, the company’s rating for Eagle Materials has changed from “overweight” to “neutral”. In a research note released on Monday, May 23, Truist Financial gave the company a “buy” rating and lowered its price target on Eagle Materials shares from $172.00 to $155.00. . The note was linked to the company’s quarterly earnings report. The modification was announced to the general public at the same time as the publication of the report.

Trading in EXP common stock began Friday with an opening price of $122.42 per share. The moving average of the company’s share price over the past fifty days is $120.58, while the moving average over the past 200 days is $126.09. Eagle Materials’ stock price hit a 52-week high of $169.15 and a 52-week low of $105.34 during the same period.

A leverage ratio of 1.00, a quick ratio of 1.37, a current ratio of 2.39 and a quick ratio of 1.37 are all present. The company currently has a market value of $4.61 billion, a PE ratio of 12.70 for its stock, and a beta value of 1.29. Additionally, the company said it will pay a quarterly dividend to its shareholders on Friday, October 14.

This dividend payment should take place. Shareholders who were still registered as holding their shares on September 16 will be eligible to receive a dividend payment of $0.25 per share. This translates into a dividend payout of $1 per year, which translates to a dividend yield of 0.82% for the stock. September 15, which is a Thursday, is the date that will mark the start of “ex-dividend” status for this dividend.

Eagle Materials Corporation’s current dividend payout ratio is currently 10.37%. Separately, Executive Vice President James H. Graass sold 2,856 shares of the company on June 1. This InformationInformation is included in the other news. At an average price of $131.02 per share, the shares were purchased, bringing the total value of the transaction to $374,193.12.

Following the closing of the transaction, the executive vice president acquired direct ownership of 14,294 shares of the company, with a total value of $1,872,799.88. The Securities and Exchange Commission (SEC) keeps a legal file open to the public and can be viewed online. This file contained information related to the transaction, which was discovered there.

Additionally, on June 17, Eagle Materials director Ed H. Bowman Jr. sold 1,828 shares of the company. The price paid for each share was a weighted average of $110.15 and a total value of $201,354.20 was exchanged for shares of the company. Following the successful completion of the transaction, the director now directly owns 10,485 shares of the company, which have a total value of $1,154,922.75.

On this page, you will be able to access the filing with the Securities and Exchange Commission in which the transaction was announced. Additionally, on June 1, Eagle Materials executive vice president James H. Graass sold 2,856 shares of the company. The shares were acquired at an average price of $131.02 per share, resulting in a total transaction value of $374,193.12.

As a result of the transaction, the executive vice president now owns 14,294 shares. Based on the current market price, these shares are worth approximately $1,872,799.88. Disclosures related to the sale can be found in this section of the website. Insiders of the company own 1.60% of the total number of outstanding shares of the company.

It is only very recently that several institutional investors and hedge funds have adjusted the percentage of the company held in each of their portfolios.

These shares were acquired during the last quarter. These shares have a price tag of $89,961,000 attached to them. The percentage of Eagle Materials owned by Prudential Financial Inc. increased by 180.3% in the first three months of 2018. Prudential Financial Inc. now owns a total of 470,479 shares in the construction company, which are worth a combined total of $60,390,000 after the company made an additional investment of 302,625 shares in the last fiscal quarter.

During the second quarter, Victory Capital Management Inc. increased the total number of Eagle Materials shares it held to 40.0% more than before. After buying 250,400 shares in the last quarter, Victory Capital Management Inc. now owns 875,680 shares of the construction company.

These shares have a combined value of $96,273,000 and give the company a market capitalization of $875,680. During the second quarter, Los Angeles Capital Management LLC saw a 1,300.6% rise in the shares of Eagle Materials it held as a percentage of its overall holdings. After purchasing an additional 224,089 shares of the construction company last quarter, Los Angeles Capital Management LLC now owns a total of 241,319 shares of the construction company, worth $26,531,000.

The company acquired these shares. In the second quarter, Reinhart Partners, Inc. invested in Eagle Materials for a total amount of approximately $14,750,000. This is the least important of the elements discussed here. Currently, Institutions owns 96.87% of the company’s total shares.

A Brief History and Company Information Eagle Materials On behalf of Eagle Materials Inc., the companies that make up Eagle Materials Inc. are responsible for the manufacture and distribution of heavy and light building materials throughout the United States . The structure is made of plasterboard, recycled cardboard and cement, as well as concrete and aggregates.

These are the four functional components that make up the structure. Limestone, mined by the company, is an essential ingredient in the manufacture, distribution and retail sale of Portland cement. The extraction of gypsum is carried out so that it can be made into gypsum panels, which are then used to complete the interior walls and ceilings of residential and commercial buildings.


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