News headlines about Eagle Materials (NYSE:EXP) have been trending somewhat positive recently, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Eagle Materials earned a news sentiment score of 0.17 on Accern’s scale. Accern also assigned news articles about the construction company an impact score of 46.3484582207768 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- Eagle Materials Trying To Close In On Key Technical Measure (finance.yahoo.com)
- Dale Craig Kesler Sells 5,000 Shares of Eagle Materials Inc (EXP) Stock (americanbankingnews.com)
- Eagle Materials Inc (EXP) COO Sells $1,120,000.00 in Stock (americanbankingnews.com)
- Insider Selling: Eagle Materials Inc (EXP) EVP Sells 29,892 Shares of Stock (americanbankingnews.com)
- Eagle Materials (EXP) & Loma Negra Compania Industrial Argentina (LOMA) Critical Comparison (americanbankingnews.com)
Several equities analysts recently weighed in on EXP shares. Standpoint Research downgraded Eagle Materials from a “buy” rating to a “hold” rating in a research report on Thursday, September 28th. They noted that the move was a valuation call. Zacks Investment Research raised Eagle Materials from a “sell” rating to a “hold” rating in a report on Wednesday, September 27th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $110.00.
Eagle Materials (NYSE:EXP) last issued its quarterly earnings results on Wednesday, October 25th. The construction company reported $1.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.53 by ($0.22). The firm had revenue of $376.30 million for the quarter, compared to analyst estimates of $412.84 million. Eagle Materials had a net margin of 15.93% and a return on equity of 17.75%. The firm’s revenue for the quarter was up 13.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.25 earnings per share. equities research analysts expect that Eagle Materials will post 5.02 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, January 26th. Investors of record on Friday, December 22nd will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.36%. The ex-dividend date is Thursday, December 21st. Eagle Materials’s payout ratio is 9.20%.
In other news, EVP Robert S. Stewart sold 6,534 shares of Eagle Materials stock in a transaction on Monday, September 11th. The stock was sold at an average price of $101.27, for a total transaction of $661,698.18. Following the transaction, the executive vice president now owns 66,037 shares in the company, valued at $6,687,566.99. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP William R. Devlin sold 7,183 shares of Eagle Materials stock in a transaction on Friday, October 27th. The shares were sold at an average price of $107.00, for a total value of $768,581.00. Following the transaction, the senior vice president now owns 28,321 shares in the company, valued at approximately $3,030,347. The disclosure for this sale can be found here. Insiders sold a total of 74,968 shares of company stock worth $8,188,108 over the last 90 days. Insiders own 4.10% of the company’s stock.
Eagle Materials Company Profile
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.
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