Digging Through Eagle Materials Inc. (EXP) Fundamentals

On Thursday, shares of Eagle Materials Inc. (NYSE:EXP) marked $85.52 per share versus a previous $86.42 closing price. With having a -1.04% loss, an insight into the fundamental values of Eagle Materials Inc., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. EXP showed a rise of 40.13% within its YTD performance, with highs and lows between $57.00 – $111.42 during the period of 52 weeks, compared to the simple moving average of 9.60% in the period of the last 200 days.

Jefferies equity researchers changed the status of Eagle Materials Inc. (NYSE: EXP) shares from “Buy” to a “Hold” rating in the report published on July 18th, 2019. Other analysts, including Northcoast, also published their reports on EXP shares. Northcoast repeated the rating from the previous report, marking EXP under “Sell” rating, in the report published on July 1st, 2019. Additionally, EXP shares got another “Outperform” rating from Raymond James. On April 3rd, 2019, Berenberg Initiated an Buy rating and increased its price target to $103. On the other hand, DA Davidson Downgrade the “Neutral” rating for EXP shares, as published in the report on April 2nd, 2019. SunTrust seems to be going bullish on the price of EXP shares, based on the price prediction for EXP. Another “Neutral” rating came from JP Morgan, providing a prediction for price target according to the report published in March 21st, 2019.

Eagle Materials Inc. (EXP) Analysis

The present dividend yield for EXP owners is set at 0, marking the return investors will get regardless of the company’s performance in the upcoming period.However, in order for the company to be able to pay its dividends, just like it is the case with Eagle Materials Inc., the company needs to provide a healthy cash flow, currently at the value of 23.01. In addition, the growth of sales from quarter to quarter is recording 0.00%, hinting the company’s progress in the upcoming progress.

In order to gain a clear insight on the performance of Eagle Materials Inc. (EXP) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of 5.00% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 0.80 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.

Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while EXP is currently recording an average of 526.48K in volumes. The volatility of the stock on monthly basis is set at 2.35%, while the weekly volatility levels are marked at 2.56%with 1.82% of gain in the last seven days. Additionally, long-term investors are predicting the target price of $97.33, indicating growth from the present price of $85.52, which can represent yet another valuable research and analysis points that can help you decide whether to invest in EXP or pass.

What to Look for When Analyzing Eagle Materials Inc. Shares?

Eagle Materials Inc. (EXP) is based in the USA and it represents one of the well-known company operating with Industrial Goods sector. If you wish to compare EXP shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 64.54 for Eagle Materials Inc., while the value 13.69 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 1.33 is supported by the yearly ESP growth of -63.40%.

Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 1.00%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.

Are Institutional Investors Increasing Stakes in EXP Shares?

It appears that more than several institutional investors and hedge funds decided to increase stakes in EXP in the recent period. That is how Sachem Head Capital Management LP now has an increase position in EXP by 10.38% in the first quarter, owning 3.67 million shares of EXP stocks, with the value of $340.21 million after the purchase of an additional 345,000 shares during the last quarter. In the meanwhile, Wells Capital Management, Inc. also increased their stake in EXP shares changed 3.18% in the first quarter, which means that the company now owns 2.6 million shares of company, all valued at $240.65 million after the acquisition of additional 79,940 shares during the last quarter.

Fidelity Management & Research Co acquired a new position in Eagle Materials Inc. during the first quarter, with the value of $210.92 million, and Neuberger Berman Investment Advis increased their stake in the company’s shares by 2.41% in the first quarter, now owning 47,778 shares valued at $188.42 million after the acquisition of the additional 2.03 million shares during the last quarter. In the end, FIAM LLC increased their position by 2.70% during the first quarter, now owning 1.17 million EXP shares, now holding the value of $108.43 million in EXP with the purchase of the additional 405,712 shares during the period of the last quarter.