Eagle Materials (EXP) Getting Somewhat Favorable Media Coverage, Analysis Shows

News articles about Eagle Materials (NYSE:EXP) have been trending somewhat positive on Monday, according to Accern. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Eagle Materials earned a media sentiment score of 0.23 on Accern’s scale. Accern also assigned media stories about the construction company an impact score of 46.8397681402242 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Several brokerages recently weighed in on EXP. Zacks Investment Research cut Eagle Materials from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Standpoint Research lowered Eagle Materials from a “buy” rating to a “hold” rating in a report on Thursday, September 28th. They noted that the move was a valuation call. BidaskClub lowered Eagle Materials from a “sell” rating to a “strong sell” rating in a report on Thursday, July 27th. Finally, Citigroup Inc. raised Eagle Materials from a “neutral” rating to a “buy” rating and dropped their price objective for the company from $115.00 to $110.00 in a report on Monday, July 31st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. Eagle Materials currently has a consensus rating of “Hold” and a consensus target price of $110.00.

Shares of Eagle Materials (NYSE:EXP) opened at 107.76 on Monday. Eagle Materials has a one year low of $73.83 and a one year high of $110.64. The firm has a 50-day moving average price of $100.11 and a 200 day moving average price of $96.21. The firm has a market capitalization of $5.23 billion, a price-to-earnings ratio of 25.05 and a beta of 1.17.

Eagle Materials (NYSE:EXP) last issued its earnings results on Thursday, July 27th. The construction company reported $1.17 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.17. The business had revenue of $366.10 million during the quarter, compared to the consensus estimate of $369.68 million. Eagle Materials had a return on equity of 18.29% and a net margin of 16.23%. The company’s revenue for the quarter was up 23.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.93 EPS. Equities analysts forecast that Eagle Materials will post $5.42 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 7th. Stockholders of record on Friday, October 6th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.37%. The ex-dividend date is Thursday, October 5th. Eagle Materials’s dividend payout ratio (DPR) is 9.30%.

In related news, SVP William R. Devlin sold 16,469 shares of the firm’s stock in a transaction that occurred on Wednesday, August 30th. The stock was sold at an average price of $96.51, for a total value of $1,589,423.19. Following the completion of the transaction, the senior vice president now directly owns 51,973 shares of the company’s stock, valued at approximately $5,015,914.23. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO David B. Powers sold 11,317 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $93.57, for a total value of $1,058,931.69. Following the completion of the transaction, the chief executive officer now directly owns 106,580 shares of the company’s stock, valued at $9,972,690.60. The disclosure for this sale can be found here. Insiders sold a total of 69,774 shares of company stock valued at $6,798,741 over the last ninety days. 4.10% of the stock is currently owned by company insiders.

TRADEMARK VIOLATION WARNING: “Eagle Materials (EXP) Getting Somewhat Favorable Media Coverage, Analysis Shows” was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this article on another site, it was illegally stolen and reposted in violation of United States & international trademark and copyright laws. The original version of this article can be accessed at https://ledger

Several brokerages recently weighed in on EXP. Zacks Investment Research cut Eagle Materials from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Standpoint Research lowered Eagle Materials from a “buy” rating to a “hold” rating in a report on Thursday, September 28th. They noted that the move was a valuation call. BidaskClub lowered Eagle Materials from a “sell” rating to a “strong sell” rating in a report on Thursday, July 27th. Finally, Citigroup Inc. raised Eagle Materials from a “neutral” rating to a “buy” rating and dropped their price objective for the company from $115.00 to $110.00 in a report on Monday, July 31st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. Eagle Materials currently has a consensus rating of “Hold” and a consensus target price of $110.00.

Shares of Eagle Materials (NYSE:EXP) opened at 107.76 on Monday. Eagle Materials has a one year low of $73.83 and a one year high of $110.64. The firm has a 50-day moving average price of $100.11 and a 200 day moving average price of $96.21. The firm has a market capitalization of $5.23 billion, a price-to-earnings ratio of 25.05 and a beta of 1.17.

Eagle Materials (NYSE:EXP) last issued its earnings results on Thursday, July 27th. The construction company reported $1.17 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.17. The business had revenue of $366.10 million during the quarter, compared to the consensus estimate of $369.68 million. Eagle Materials had a return on equity of 18.29% and a net margin of 16.23%. The company’s revenue for the quarter was up 23.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.93 EPS. Equities analysts forecast that Eagle Materials will post $5.42 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 7th. Stockholders of record on Friday, October 6th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.37%. The ex-dividend date is Thursday, October 5th. Eagle Materials’s dividend payout ratio (DPR) is 9.30%.

In related news, SVP William R. Devlin sold 16,469 shares of the firm’s stock in a transaction that occurred on Wednesday, August 30th. The stock was sold at an average price of $96.51, for a total value of $1,589,423.19. Following the completion of the transaction, the senior vice president now directly owns 51,973 shares of the company’s stock, valued at approximately $5,015,914.23. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO David B. Powers sold 11,317 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $93.57, for a total value of $1,058,931.69. Following the completion of the transaction, the chief executive officer now directly owns 106,580 shares of the company’s stock, valued at $9,972,690.60. The disclosure for this sale can be found here. Insiders sold a total of 69,774 shares of company stock valued at $6,798,741 over the last ninety days. 4.10% of the stock is currently owned by company insiders.

TRADEMARK VIOLATION WARNING: “Eagle Materials (EXP) Getting Somewhat Favorable Media Coverage, Analysis Shows” was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this article on another site, it was illegally stolen and reposted in violation of United States & international trademark and copyright laws. The original version of this article can be accessed at https://ledgergazette.com/2017/10/09/eagle-materials-exp-getting-somewhat-favorable-media-coverage-analysis-shows.html.

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.

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

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