Eagle Materials (NYSE:EXP) has been upgraded from Hold to Buy in a statement by Standpoint Research earlier today.
- Updated: October 4, 2016
Standpoint Research has upgraded Eagle Materials (NYSE:EXP) from Hold to Buy in a statement released on 10/04/2016.
Yesterday Eagle Materials (NYSE:EXP) traded 0.50% higher at $75.80. EXP’s 50-day average is $79.13 and its two hundred day average is $77.31. With the last stock price down -1.46% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the date range. Trading volume was down over the average, with 262,153 shares of EXP changing hands under the typical 615,331
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With a total market value of $0, Eagle Materials has PE ratio of 23.61 with a 52 week low of $45.03 and a one year high of $87.57 .
A total of 10 firms have released a research note on Eagle Materials. 0 brokerages rating the company a strong buy, zero firms rating the stock a buy, 0 brokers rating the stock a hold, zero equity analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month target of $74.35.
More About Eagle Materials (NYSE:EXP)
Eagle Materials Inc. is a supplier of construction products, building materials and materials used for oil and natural gas extraction. The Company operates through five segments: Cement, Concrete and Aggregates, Gypsum Wallboard, Recycled Paperboard, and Oil and Gas Proppants. The Company's construction products are used in residential, industrial, commercial and infrastructure construction, and include cement, slag, concrete and aggregates. Its building materials include gypsum wallboard. Its basic material used for oil and natural gas extraction include frac sand and oil well cement. It sells cement in over six regional markets, including northern Nevada and California, the greater Chicago area, the Rocky Mountain region, the Central Plains region and Texas. It sells slag in the greater Chicago, Illinois area and the greater Midwest area. It has approximately three concrete and aggregates businesses. It also operates a recycled paperboard business.
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