Eagle Materials Inc (NYSE: EXP) has reported earnings for its second fiscal quarter (ending September 30) of $4.29 versus $4.29 for the same period a year ago — flat performance. For the latest four quarters through September 30, E.P.S. were $14.27 versus $13.76 for the same period a year ago — an increase of 4%.
Recent Price Action
Eagle Materials Inc (NYSE: EXP) stock declined by -2.1% on 10/29/24. The shares closed at $282.92. Moreover, trading volume in this decline was unusually high at 186% of normal. The stock has been strong relative to the market over the last nine months but has declined -4.8% during the last week.
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 C (Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Eagle Materials has a neutral Appreciation Score of 42 and a slightly positive Power Rating of 62, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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