Holcim (HCMLY) Projected to Post Quarterly Earnings on Friday

Holcim (OTCMKTS:HCMLY) is anticipated to issue its results before the market opens on Friday, July 31st. Analysts expect the company to announce earnings of $0.3983 per share and revenue of $9.6964 billion for the quarter.

Holcim Stock Performance

Shares of HCMLY opened at $18.03 on Thursday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.32 and a quick ratio of 1.09. The firm has a 50 day moving average of $18.60 and a 200 day moving average of $18.43. Holcim has a twelve month low of $15.14 and a twelve month high of $21.23.

Analyst Ratings Changes

HCMLY has been the topic of several recent analyst reports. The Goldman Sachs Group upgraded Holcim from a “hold” rating to a “buy” rating in a research note on Thursday, April 9th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Holcim in a research report on Monday, April 27th. BNP Paribas Exane upgraded Holcim from a “neutral” rating to an “outperform” rating in a report on Friday, June 19th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Holcim in a research note on Friday, July 3rd. Finally, DZ Bank upgraded shares of Holcim from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th. Two equities research 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 company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $16.80.

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.