For its first fiscal quarter (ending June 30), Eagle Materials Inc (NYSE: EXP) has reported E.P.S. of $3.97 compared to $3.43 a year ago. For the latest four quarters through June 30, E.P.S. were $14.27 versus $13.21 for the same period a year ago.
Recent Price Action
Eagle Materials Inc (NYSE: EXP) stock closed at $265.60 on 7/30/24 after a very large increase of 6.8%. Moreover, this advance was accompanied by exceptionally high trading volume at 219% of normal. The stock has risen 13.1% during the last week and 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 B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Eagle Materials has a neutral Appreciation Score of 47 but a very high Power Rating of 87, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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