Northcoast Raises Eagle Materials (EXP) Stock To a “Buy” Rating

June 13, 2018 - By Adrian Mccoy

Eagle Materials Inc. (NYSE:EXP) Logo

Investors sentiment is 1.13 in Q1 2018. Its the same as in 2017Q4. It is without change, as 31 investors sold Eagle Materials Inc. shares while 94 reduced holdings. only 45 funds opened positions while 96 raised stakes. 44.53 million shares or 2.85% less from 45.84 million shares in 2017Q4 were reported.

Moreover, Advantus Capital has 0.02% invested in Eagle Materials Inc. (NYSE:EXP). Ubs Asset Americas reported 76,801 shares or 0% of all its holdings. Macquarie Gru invested in 0.01% or 46,900 shares. Bancorp Of Mellon accumulated 2.26 million shares or 0.06% of the stock. Stratos Wealth Prtn Ltd has invested 0% in Eagle Materials Inc. (NYSE:EXP). State Street holds 0.01% or 1.27 million shares in its portfolio. Westwood Hldgs Grp Incorporated Inc, Texas-based fund reported 727,430 shares. Kennedy Mgmt reported 127,828 shares stake. Ranger Inv Mngmt Limited Partnership has invested 0.03% in Eagle Materials Inc. (NYSE:EXP). Bamco Inc New York, a New York-based fund reported 129,546 shares. J Goldman & Limited Partnership stated it has 2,819 shares or 0.01% of all its holdings. Rmb Management Lc reported 73,603 shares. Greenwood Capital Limited has 0.21% invested in Eagle Materials Inc. (NYSE:EXP). Putnam Invs Ltd Liability has invested 0% in Eagle Materials Inc. (NYSE:EXP). Teachers Retirement Of The State Of Kentucky has 9,524 shares for 0.01% of their portfolio.

Since May 15, 2018, it had 0 insider buys, and 3 sales for $2.75 million activity. Another trade for 10,000 shares valued at $1.09M was made by Kesler Dale Craig on Thursday, May 31.

Eagle Materials (EXP) Stock Upgrade

Northcoast upped shares of Eagle Materials (EXP) to a solid “Buy” rating from the previous “Neutral”. This change in rating was sent to investors and clients in a research report today.

The stock increased 0.79% or $0.88 during the last trading session, reaching $112.81. About 666,622 shares traded or 37.27% up from the average. Eagle Materials Inc. (EXP) has risen 12.50% since June 13, 2017 and is uptrending. It has underperformed by 0.07% the S&P500.

Analysts await Eagle Materials Inc. (NYSE:EXP) to report earnings on July, 26. They expect $1.58 earnings per share, up 35.04 % or $0.41 from last year’s $1.17 per share. EXP’s profit will be $75.80M for 17.85 P/E if the $1.58 EPS becomes a reality. After $0.92 actual earnings per share reported by Eagle Materials Inc. for the previous quarter, Wall Street now forecasts 71.74 % EPS growth.

Eagle Materials Inc. produces and sells construction products and building materials for use in residential, industrial, commercial, and infrastructure construction in the United States. The company has market cap of $5.41 billion. It also produces materials used for oil and natural gas extraction. It has a 21.39 P/E ratio. The firm operates in five divisions: Cement, Concrete and Aggregates, Gypsum Wallboard, Recycled Paperboard, and Oil and Gas Proppants.

More important recent Eagle Materials Inc. (NYSE:EXP) news were published by: Seekingalpha.com which released: “Eagle Materials’ (EXP) CEO Dave Powers on Q4 2018 Results – Earnings Call Transcript” on May 15, 2018, also Seekingalpha.com published article titled: “Eagle Materials Poised To Outperform”, Benzinga.com published: “Benzinga’s Top Upgrades, Downgrades For June 13, 2018” on June 13, 2018. More interesting news about Eagle Materials Inc. (NYSE:EXP) was released by: 247Wallst.com and their article: “Top Analyst Upgrades and Downgrades: Applied Materials, Comcast, HUYA, Sprint, Time Warner, Yelp and More” with publication date: June 13, 2018.

Eagle Materials Inc. (NYSE:EXP) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.