Eagle Materials (EXP) to Release Quarterly Earnings on Wednesday

Eagle Materials (NYSE:EXP) will issue its quarterly earnings data before the market opens on Wednesday, May 19th. Analysts expect the company to announce earnings of $1.32 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Shares of NYSE:EXP opened at $151.68 on Tuesday. The company has a quick ratio of 2.58, a current ratio of 3.98 and a debt-to-equity ratio of 1.07. The firm has a market capitalization of $6.37 billion, a PE ratio of 42.25 and a beta of 1.30. Eagle Materials has a twelve month low of $55.67 and a twelve month high of $153.30. The company has a 50-day moving average price of $141.40 and a two-hundred day moving average price of $117.25.

EXP has been the subject of a number of research reports. JPMorgan Chase & Co. increased their target price on shares of Eagle Materials from $115.00 to $130.00 and gave the stock an “overweight” rating in a research report on Friday, January 22nd. Truist increased their target price on shares of Eagle Materials from $135.00 to $160.00 in a research report on Wednesday, March 31st. Loop Capital raised their price objective on shares of Eagle Materials from $145.00 to $170.00 and gave the company a “buy” rating in a research report on Friday. Zacks Investment Research lowered shares of Eagle Materials from a “buy” rating to a “hold” rating in a research report on Thursday, May 13th. Finally, Jefferies Financial Group upgraded shares of Eagle Materials from a “hold” rating to a “buy” rating and raised their price objective for the company from $145.00 to $170.00 in a research report on Monday. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $129.50.

In other Eagle Materials news, insider Steven L. Wentzel sold 3,000 shares of Eagle Materials stock in a transaction that occurred on Monday, March 8th. The shares were sold at an average price of $129.44, for a total transaction of $388,320.00. Following the completion of the sale, the insider now directly owns 13,250 shares in the company, valued at $1,715,080. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Richard Ross Stewart sold 3,924 shares of Eagle Materials stock in a transaction that occurred on Tuesday, February 23rd. The shares were sold at an average price of $123.77, for a total transaction of $485,673.48. Following the sale, the director now owns 9,695 shares of the company’s stock, valued at $1,199,950.15. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 20,331 shares of company stock valued at $2,676,060. 2.30% of the stock is currently owned by company insiders.

Eagle Materials Company Profile

Eagle Materials Inc, through its subsidiaries, produces and supplies heavy construction materials, light building materials, and materials used for oil and natural gas extraction in the United States. It operates in five segments: Cement, Concrete and Aggregates, Gypsum Wallboard, Recycled Paperboard, and Oil and Gas Proppants.

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Earnings History for Eagle Materials (NYSE:EXP)

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