Analysts' ratings for Eagle Materials (NYSE:EXP) over the last quarter vary from bullish to bearish, as provided by 8 analysts.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 6 | 2 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 3 | 1 | 0 | 0 | 0 |
| 3M Ago | 2 | 1 | 0 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $282.25, a high estimate of $305.00, and a low estimate of $250.00. This upward trend is evident, with the current average reflecting a 3.29% increase from the previous average price target of $273.25.
Investigating Analyst Ratings: An Elaborate Study
A clear picture of Eagle Materials's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Anthony Pettinari | Citigroup | Lowers | Buy | $252.00 | $297.00 |
| Anthony Pettinari | Citigroup | Lowers | Buy | $297.00 | $311.00 |
| Patrick Tyler Brown | Raymond James | Raises | Outperform | $250.00 | $230.00 |
| Garik Shmois | Loop Capital | Lowers | Buy | $305.00 | $310.00 |
| John Baugh | Stifel | Lowers | Buy | $286.00 | $300.00 |
| Trey Grooms | Stephens & Co. | Raises | Overweight | $295.00 | $250.00 |
| Jerry Revich | Goldman Sachs | Raises | Buy | $273.00 | $238.00 |
| John Baugh | Stifel | Raises | Buy | $300.00 | $250.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Eagle Materials. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Eagle Materials compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Eagle Materials's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Eagle Materials's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Eagle Materials analyst ratings.
Unveiling the Story Behind Eagle Materials
Eagle Materials Inc produces and sells construction products and building materials. Construction products include cement, slag, concrete, and aggregates and building materials include cement and gypsum wallboard, and are sold to the construction and building industries. The firm organizes itself into two sectors: Heavy Materials, which includes the Cement and Concrete and Aggregates segments, and Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard segments.
Unraveling the Financial Story of Eagle Materials
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Over the 3 months period, Eagle Materials showcased positive performance, achieving a revenue growth rate of 1.4% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Materials sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 16.17%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Eagle Materials's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 5.84% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Eagle Materials's ROA excels beyond industry benchmarks, reaching 2.64%. This signifies efficient management of assets and strong financial health.
Debt Management: Eagle Materials's debt-to-equity ratio stands notably higher than the industry average, reaching 0.86. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Analyst Ratings: What Are They?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.