Eagle Materials, Inc. (NYSE:EXP) has been given an average recommendation of “Hold” by the sixteen research firms that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $95.17.

A number of analysts have recently weighed in on EXP shares. Macquarie restated a “buy” rating on shares of easyJet in a report on Tuesday, April 2nd. Citigroup set a $8.00 price objective on shares of Diamond Offshore Drilling and gave the company a “sell” rating in a research note on Friday, May 17th. Longbow Research downgraded shares of Eagle Materials from a “buy” rating to a “neutral” rating in a research note on Thursday, March 14th. TheStreet downgraded shares of Trinseo from a “b-” rating to a “c+” rating in a research note on Friday, May 17th. Finally, JPMorgan Chase & Co. downgraded shares of VESTAS WIND SYS/ADR from a “neutral” rating to an “underweight” rating in a research note on Thursday, March 21st.

EXP stock traded down $1.80 during trading on Thursday, reaching $83.18. The company had a trading volume of 27,196 shares, compared to its average volume of 663,991. Eagle Materials has a 52 week low of $57.00 and a 52 week high of $111.42. The stock has a market cap of $3.64 billion, a P/E ratio of 16.50, a P/E/G ratio of 1.59 and a beta of 1.30. The business’s 50 day moving average price is $88.40. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.85 and a current ratio of 2.38.

Eagle Materials (NYSE:EXP) last issued its quarterly earnings results on Thursday, May 16th. The construction company reported $0.87 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.79 by $0.08. Eagle Materials had a net margin of 4.94% and a return on equity of 17.82%. The business had revenue of $284.70 million for the quarter, compared to analysts’ expectations of $278.70 million. During the same quarter last year, the company posted $0.76 EPS. The company’s revenue was up .0% compared to the same quarter last year. Analysts forecast that Eagle Materials will post 5.61 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 19th. Investors of record on Friday, June 21st will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.48%. The ex-dividend date of this dividend is Thursday, June 20th. Eagle Materials’s dividend payout ratio (DPR) is presently 7.92%.

A number of institutional investors and hedge funds have recently bought and sold shares of EXP. Penserra Capital Management LLC acquired a new position in shares of Eagle Materials during the first quarter worth $31,000. Amundi Pioneer Asset Management Inc. bought a new stake in Eagle Materials during the fourth quarter valued at $95,000. Quadrant Capital Group LLC boosted its position in Eagle Materials by 294.6% during the first quarter. Quadrant Capital Group LLC now owns 1,180 shares of the construction company’s stock valued at $97,000 after acquiring an additional 881 shares during the last quarter. Coldstream Capital Management Inc. bought a new stake in Eagle Materials during the first quarter valued at $207,000. Finally, World Asset Management Inc bought a new stake in Eagle Materials during the first quarter valued at $215,000. 95.66% of the stock is owned by hedge funds and other institutional investors.

Eagle Materials Company Profile

Eagle Materials Inc, through its subsidiaries, produces and supplies heavy construction materials, light building materials, and materials used for oil and natural gas extraction in the United States. It operates in five segments: Cement, Concrete and Aggregates, Gypsum Wallboard, Recycled Paperboard, and Oil and Gas Proppants.

See Also: Call Option Volume

Analyst Recommendations for Eagle Materials (NYSE:EXP)

Receive News & Ratings for Eagle Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eagle Materials and related companies with MarketBeat.com's FREE daily email newsletter.