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

News stories about Eagle Materials (NYSE:EXP) have been trending somewhat positive on Wednesday, Accern Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Eagle Materials earned a daily sentiment score of 0.23 on Accern’s scale. Accern also assigned media headlines about the construction company an impact score of 45.9514411562986 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Eagle Materials (NYSE:EXP) opened at $102.53 on Wednesday. The company has a current ratio of 2.44, a quick ratio of 1.06 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $4,990.00, a PE ratio of 25.57, a price-to-earnings-growth ratio of 2.44 and a beta of 1.24. Eagle Materials has a twelve month low of $86.51 and a twelve month high of $122.49.

Eagle Materials (NYSE:EXP) last posted its earnings results on Wednesday, January 31st. The construction company reported $1.63 earnings per share for the quarter, beating the Zacks’ consensus estimate 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%. The company’s quarterly revenue was up 18.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.17 EPS. equities research analysts expect that Eagle Materials will post 5.27 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, May 11th. Shareholders of record on Thursday, April 12th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.39%. The ex-dividend date of this dividend is Wednesday, April 11th. Eagle Materials’s payout ratio is presently 9.98%.

Several equities research analysts recently weighed in on EXP shares. Zacks Investment Research lowered Eagle Materials from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 30th. Stifel Nicolaus lifted their price objective on Eagle Materials from $120.00 to $135.00 and gave the stock a “buy” rating in a report on Wednesday, December 6th. Citigroup lifted their target price on Eagle Materials from $121.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, January 25th. Finally, Raymond James Financial assumed coverage on Eagle Materials in a report on Tuesday. They set a “market perform” rating for the company. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $135.00.

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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.

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