Stock To Watch: Eagle Materials Inc (NYSE:EXP)


The leading market experts have placed a mean price target of $87.81 on Eagle Materials Inc (NYSE:EXP) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.17 a share for the upcoming quarter and $4.36 for the current fiscal.

Technical View

The technical analysis of Eagle Materials Inc Common Stoc plainly substantiates that the 50-day moving average of Eagle Materials Inc Common Stoc is $82.02, and stock is trading $0.75 points away or +0.91% from its 50-day moving average of $82.02. Further it is trading $9.14 or +12.42% away its 200-day moving average of $73.63. Eagle Materials Inc (NYSE:EXP) 52-week high is $87.57 and the 52-week low is $45.03.

This explains if the stock moves $-4.80, it will post a 52-week high. In event of +83.81% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Eagle Materials Inc Common Stoc, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Eagle Materials Inc (NYSE:EXP) ratio came in at 25.65.

The stock last ended the trading session at $82.77 and registered a market cap of $3.99B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Eagle Materials Inc (NYSE:EXP) PEG ratio is at 2.39.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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