Eagle Materials Inc (NYSE: EXP) has reported earnings for its fourth fiscal quarter (ending March 31) of $2.26 versus $2.81 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $13.72 compared to $12.54 a year ago.
Recent Price Action
On 5/21/24, Eagle Materials Inc (NYSE: EXP) stock suffered a large decline of -5.7%, closing at $242.29. Moreover, this decline was accompanied by exceptionally high trading volume at 356% of normal. The stock has declined -9.5% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, EXP is expected to continue to be a major Value Builder.
Eagle Materials has a current Value Trend Rating of A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Eagle Materials has a neutral Appreciation Score of 45 but a very high Power Rating of 98, triggering the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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