In a report released yesterday, Trey Grooms from Stephens reiterated a Buy rating on Eagle Materials Inc (NYSE: EXP), with a price target of $124. The company’s shares closed yesterday at $99.08.
According to TipRanks.com, Grooms is a 2-star analyst with an average return of 1.0% and a 45.3% success rate. Grooms covers the Industrial Goods sector, focusing on stocks such as Continental Building Products, Installed Building Products, and Builders Firstsource.
Eagle Materials Inc has an analyst consensus of Strong Buy, with a price target consensus of $126, which is a 27.2% upside from current levels. In a report issued on July 31, Northcoast Research also reiterated a Buy rating on the stock with a $128 price target.
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Eagle Materials Inc’s market cap is currently $4.75B and has a P/E ratio of 17.92. The company has a Price to Book ratio of 3.32.
Based on the recent corporate insider activity of 79 insiders, corporate insider sentiment is negative on the stock. Most recently, in June 2018, James Graass, the EVP & GC of EXP sold 5,000 shares for a total of $575,000.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Eagle Materials, Inc. engaged in the manufacture and distribution of gypsum wallboard and cement. It operates through the following segments: Cement, Gypsum Wallboard, Recycled Paperboard, Oil and Gas Proppants, and Concrete and Aggregates.
