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Stock analysts at Goldman Sachs increased their price target on shares of Eagle Materials (NYSE:EXP) to $124.00 in a report issued on Friday. Goldman Sachs’ price target would indicate a potential upside of 30.66% from the company’s current price.

In other Eagle Materials news, Director F William Barnett unloaded 14,243 shares of Eagle Materials stock on the open market in a transaction dated Tuesday, June 17th. The shares were sold at an average price of $93.25, for a total transaction of $1,328,159.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of Eagle Materials (NYSE:EXP) traded up 0.66% on Friday, hitting $95.53. 206,709 shares of the company’s stock traded hands. Eagle Materials has a 52-week low of $62.39 and a 52-week high of $96.40. The stock has a 50-day moving average of $86.8 and a 200-day moving average of $82.93. The company has a market cap of $4.781 billion and a P/E ratio of 38.11.

Eagle Materials (NYSE:EXP) last issued its quarterly earnings data on Wednesday, May 14th. The company reported $0.45 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.52 by $0.07. The company had revenue of $189.90 million for the quarter, compared to the consensus estimate of $190.16 million. During the same quarter in the prior year, the company posted $0.42 earnings per share. The company’s quarterly revenue was up 19.4% on a year-over-year basis. On average, analysts predict that Eagle Materials will post $3.87 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, July 18th. Investors of record on Friday, June 20th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.42%. The ex-dividend date is Wednesday, June 18th.

Eagle Materials Inc (NYSE:EXP) is engaged in the manufacture and distribution of gypsum wallboard and the manufacture and sale of cement.

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