Somewhat Favorable News Coverage Somewhat Unlikely to Impact Eagle Materials (EXP) Share Price

Media headlines about Eagle Materials (NYSE:EXP) have trended somewhat positive on Friday, according to Accern. Accern ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Eagle Materials earned a news impact score of 0.19 on Accern’s scale. Accern also gave media stories about the construction company an impact score of 47.8726142109973 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Several equities research analysts have recently weighed in on the company. Zacks Investment Research cut Eagle Materials from a “hold” rating to a “sell” rating in a research report on Thursday, December 28th. Stifel Nicolaus upped their target price on Eagle Materials from $120.00 to $135.00 and gave the company a “buy” rating in a research note on Wednesday, December 6th. Finally, Citigroup upped their target price on Eagle Materials from $121.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, January 25th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. Eagle Materials has an average rating of “Hold” and an average target price of $135.00.

Eagle Materials (NYSE EXP) opened at $106.58 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.44 and a quick ratio of 1.06. The company has a market capitalization of $5,040.63, a price-to-earnings ratio of 20.22, a P/E/G ratio of 2.46 and a beta of 1.17. Eagle Materials has a 12 month low of $86.51 and a 12 month high of $122.49.

Eagle Materials (NYSE:EXP) last issued its earnings results on Wednesday, January 31st. The construction company reported $1.63 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.20. The business had revenue of $359.40 million during the quarter, compared to analyst estimates of $364.52 million. Eagle Materials had a return on equity of 18.66% and a net margin of 18.53%. Eagle Materials’s revenue was up 18.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.17 earnings per share. research analysts predict that Eagle Materials will post 5.27 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, May 11th. Investors of record on Thursday, April 12th will be paid a $0.10 dividend. The ex-dividend date is Wednesday, April 11th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.38%. Eagle Materials’s payout ratio is 7.59%.

In related news, CFO Dale Craig Kesler sold 5,000 shares of the company’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $111.64, for a total value of $558,200.00. Following the completion of the transaction, the chief financial officer now directly owns 56,778 shares in the company, valued at $6,338,695.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Michael Haack sold 6,731 shares of the company’s stock in a transaction on Friday, December 8th. The shares were sold at an average price of $115.00, for a total value of $774,065.00. Following the completion of the transaction, the chief operating officer now owns 28,136 shares of the company’s stock, valued at $3,235,640. The disclosure for this sale can be found here. Insiders sold 61,623 shares of company stock valued at $6,930,994 over the last 90 days. 4.10% of the stock is currently owned by corporate insiders.

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Eagle Materials Company Profile

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.

Insider Buying and Selling by Quarter for Eagle Materials (NYSE:EXP)

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