Eagle Materials Inc (NYSE:EXP) shares, rose in value on Friday, March 07, with the stock price down by -3.25% to the previous day’s close as strong demand from buyers drove the stock to $213.61.
Actively observing the price movement in the last trading, the stock closed the session at $220.79. The PE ratio was 15.26 over 12-month period. Referring to stock’s 52-week performance, its high was $321.93, and the low was $208.02. On the whole, EXP has fluctuated by -16.35% over the past month.
With the market capitalization of Eagle Materials Inc currently standing at about $7.11 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 1.00, with its dividend yield at 0.47%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.28B, with a low estimate of 473.5M and a high estimate of 500M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 485M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EXP’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.21, with the price of EXP currently trading nearly -8.85% and -12.62% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 28.76, while the 7-day volatility ratio is showing 4.99% which for the 30-day chart, stands at 3.43%. Furthermore, Eagle Materials Inc (EXP)’s beta value is 1.28, and its average true range (ATR) is 8.23.
A comparison of Eagle Materials Inc (EXP) with its peers suggests the former has fared considerably weaker in the market. EXP showed an intraday change of -3.25% in last session, and over the past year, it shrunk by -16.23%%.
Data on historical trading for Eagle Materials Inc (NYSE:EXP) indicates that the trading volumes over the past 3 months, they’ve averaged 342.96K. According to company’s latest data on outstanding shares, there are 33.39 million shares outstanding.
Nearly 1.21% of Eagle Materials Inc’s shares belong to company insiders and institutional investors own 100.85% of the company’s shares. The stock has fallen by -13.43% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EXP stock heading into the next quarter.
