Eagle Materials (NYSE:EXP) had its price objective upped by equities researchers at Stifel Nicolaus from $120.00 to $135.00 in a research report issued to clients and investors on Wednesday. The brokerage currently has a “buy” rating on the construction company’s stock. Stifel Nicolaus’ price objective would indicate a potential upside of 21.29% from the stock’s previous close.

Several other research firms have also commented on EXP. Zacks Investment Research lowered Eagle Materials from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 24th. Standpoint Research lowered Eagle Materials from a “buy” rating to a “hold” rating in a research report on Thursday, September 28th. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. Eagle Materials has a consensus rating of “Hold” and a consensus price target of $122.50.

Eagle Materials (NYSE:EXP) opened at $111.30 on Wednesday. Eagle Materials has a 52-week low of $86.51 and a 52-week high of $114.96. The company has a market capitalization of $5,410.00, a price-to-earnings ratio of 25.04, a PEG ratio of 2.83 and a beta of 1.29. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.94 and a current ratio of 2.02.

Eagle Materials (NYSE:EXP) last released its quarterly earnings results on Wednesday, October 25th. The construction company reported $1.31 EPS for the quarter, missing the consensus estimate of $1.53 by ($0.22). Eagle Materials had a return on equity of 17.75% and a net margin of 15.93%. The firm had revenue of $376.30 million for the quarter, compared to analysts’ expectations of $412.84 million. During the same quarter in the prior year, the business earned $1.25 earnings per share. The company’s quarterly revenue was up 13.1% on a year-over-year basis. equities research analysts predict that Eagle Materials will post 5.02 EPS for the current year.

In related news, EVP Robert S. Stewart sold 29,892 shares of Eagle Materials stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $111.77, for a total value of $3,341,028.84. Following the completion of the transaction, the executive vice president now directly owns 34,323 shares in the company, valued at $3,836,281.71. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Robert S. Stewart sold 6,534 shares of Eagle Materials stock in a transaction on Monday, September 11th. The shares were sold at an average price of $101.27, for a total value of $661,698.18. Following the completion of the transaction, the executive vice president now owns 66,037 shares of the company’s stock, valued at $6,687,566.99. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 74,968 shares of company stock valued at $8,188,108. Company insiders own 4.10% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in EXP. Tower Research Capital LLC TRC boosted its holdings in Eagle Materials by 474.5% in the second quarter. Tower Research Capital LLC TRC now owns 1,149 shares of the construction company’s stock valued at $106,000 after purchasing an additional 949 shares during the period. IFP Advisors Inc boosted its holdings in Eagle Materials by 8.3% in the second quarter. IFP Advisors Inc now owns 1,183 shares of the construction company’s stock valued at $109,000 after purchasing an additional 91 shares during the period. Pacad Investment Ltd. boosted its holdings in Eagle Materials by 116.7% in the second quarter. Pacad Investment Ltd. now owns 1,300 shares of the construction company’s stock valued at $120,000 after purchasing an additional 700 shares during the period. Global X Management Co. LLC boosted its holdings in Eagle Materials by 220.0% in the second quarter. Global X Management Co. LLC now owns 1,536 shares of the construction company’s stock valued at $142,000 after purchasing an additional 1,056 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Eagle Materials by 8.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,868 shares of the construction company’s stock valued at $173,000 after purchasing an additional 146 shares during the period. Hedge funds and other institutional investors own 91.55% of the company’s stock.

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About Eagle Materials

Eagle Materials Inc is a supplier of construction products, building materials and materials used for oil and natural gas extraction. The Company operates through five segments: Cement, Concrete and Aggregates, Gypsum Wallboard, Recycled Paperboard, and Oil and Gas Proppants. The Company’s construction products are used in residential, industrial, commercial and infrastructure construction, and include cement, slag, concrete and aggregates.

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