Holcim (HCMLY) to Release Quarterly Earnings on Friday

Holcim (OTCMKTS:HCMLY) is expected to be releasing its resultson Friday, July 31st. Analysts expect Holcim to post earnings of $0.3983 per share and revenue of $9.6964 billion for the quarter.

Holcim Stock Down 0.9%

Holcim stock opened at $18.05 on Friday. The firm has a 50 day simple moving average of $18.61 and a 200 day simple moving average of $18.48. The company has a current ratio of 1.32, a quick ratio of 1.09 and a debt-to-equity ratio of 0.49. Holcim has a 1-year low of $15.14 and a 1-year high of $27.15.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. BNP Paribas Exane raised Holcim from a “neutral” rating to an “outperform” rating in a report on Friday, June 19th. DZ Bank upgraded Holcim from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Holcim in a report on Friday, July 3rd. Royal Bank Of Canada restated a “sector perform” rating on shares of Holcim in a research note on Monday, April 27th. Finally, The Goldman Sachs Group raised Holcim from a “hold” rating to a “buy” rating in a report on Thursday, April 9th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Holcim has a consensus rating of “Moderate Buy” and an average price target of $16.80.

Holcim Company Profile

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.