Erste Group Bank Estimates Holcim FY2027 Earnings

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) – Analysts at Erste Group Bank issued their FY2027 earnings per share estimates for Holcim in a report issued on Wednesday, March 4th. Erste Group Bank analyst H. Engel forecasts that the construction company will earn $1.05 per share for the year. The consensus estimate for Holcim’s current full-year earnings is $1.25 per share.

Other research analysts have also recently issued reports about the company. Citigroup raised Holcim from a “hold” rating to a “strong-buy” rating in a research note on Thursday. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Holcim in a research report on Monday, January 12th. BNP Paribas Exane cut shares of Holcim from a “neutral” rating to an “underperform” rating and set a $16.80 price target for the company. in a research note on Thursday, December 4th. Jefferies Financial Group downgraded shares of Holcim from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 3rd. Finally, The Goldman Sachs Group cut shares of Holcim from a “buy” rating to a “hold” rating in a report on Thursday, January 22nd. Three research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $16.80.

Holcim Price Performance

OTCMKTS:HCMLY opened at $16.71 on Monday. Holcim has a 12-month low of $15.14 and a 12-month high of $30.00. The stock’s fifty day simple moving average is $19.34 and its 200-day simple moving average is $18.19. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.21 and a current ratio of 1.49.

About Holcim

Holcim is a global building materials and solutions company headquartered in Switzerland that produces and supplies cement, aggregates, ready-mix concrete, asphalt and a range of prefabricated and construction-related products and services. Its offerings are aimed at construction and infrastructure markets, serving contractors, developers, municipalities and industrial customers with materials for residential, commercial and civil engineering projects.

The company traces its modern form to the 2015 combination of Swiss cement maker Holcim and France’s Lafarge, which created one of the world’s largest building-materials groups; the combined enterprise later simplified its name to Holcim.