Somewhat Positive Press Coverage Somewhat Unlikely to Impact Eagle Materials (EXP) Share Price

Press coverage about Eagle Materials (NYSE:EXP) has been trending somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Eagle Materials earned a media sentiment score of 0.23 on Accern’s scale. Accern also assigned news articles about the construction company an impact score of 45.9595996332 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:

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Shares of Eagle Materials stock traded up $2.91 on Friday, reaching $103.05. The company’s stock had a trading volume of 466,184 shares, compared to its average volume of 556,966. The firm has a market cap of $5,015.34, a price-to-earnings ratio of 24.36, a PEG ratio of 2.35 and a beta of 1.24. Eagle Materials has a 52 week low of $86.51 and a 52 week high of $122.49. The company has a current ratio of 2.44, a quick ratio of 1.06 and a debt-to-equity ratio of 0.40.

Eagle Materials (NYSE:EXP) last posted its earnings results on Wednesday, January 31st. The construction company reported $1.63 EPS for the quarter, topping the Zacks’ consensus estimate of $1.43 by $0.20. The business had revenue of $359.40 million during the quarter, compared to analyst estimates of $364.52 million. Eagle Materials had a return on equity of 18.66% and a net margin of 18.53%. The company’s quarterly revenue was up 18.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.17 EPS. equities research analysts forecast that Eagle Materials will post 5.48 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 11th. Shareholders of record on Thursday, April 12th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.39%. The ex-dividend date of this dividend is Wednesday, April 11th. Eagle Materials’s payout ratio is 9.46%.

A number of research firms recently weighed in on EXP. Longbow Research raised Eagle Materials from a “neutral” rating to a “buy” rating in a research report on Friday, March 23rd. Citigroup began coverage on Eagle Materials in a research report on Tuesday, March 13th. They set a “market perform” rating for the company. They noted that the move was a valuation call. Raymond James Financial began coverage on Eagle Materials in a research report on Tuesday, March 13th. They set a “market perform” rating for the company. Zacks Investment Research raised Eagle Materials from a “sell” rating to a “hold” rating in a research report on Monday, February 5th. Finally, Stifel Nicolaus reduced their price objective on Eagle Materials from $135.00 to $130.00 and set a “buy” rating for the company in a research report on Thursday, February 1st. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the stock. Eagle Materials presently has a consensus rating of “Hold” and an average target price of $135.00.

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Eagle Materials Company Profile

Eagle Materials Inc produces and sells construction products and building materials for use in residential, industrial, commercial, and infrastructure construction in the United States. It also produces materials used for oil and natural gas extraction. The company operates in five segments: Cement, Concrete and Aggregates, Gypsum Wallboard, Recycled Paperboard, and Oil and Gas Proppants.

Insider Buying and Selling by Quarter for Eagle Materials (NYSE:EXP)

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