Zacks Rating on Eagle Materials Inc (EXP)

Eagle Materials Inc (EXP) : Zacks Investment Research ranks Eagle Materials Inc (EXP) as 2, which is a Buy recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 4 research analysts is 2, which indicates as a Buy.

Eagle Materials Inc (EXP) : The consensus price target for Eagle Materials Inc (EXP) is $90.67 for the short term with a standard deviation of $10.07. The most optimist securities analyst among the 3 who monitor the stock believes that the stock can reach $100, however, the pessimist price target for the company is $80.


Shares of Eagle Materials Inc. appreciated by 1.27% during the last five trading days but lost 2.69% on a 4-week basis. Eagle Materials Inc. is up 7.81% in the last 3-month period. Year-to-Date the stock performance stands at 38.73%. Eagle Materials Inc (NYSE:EXP): stock turned positive on Tuesday. Though the stock opened at $83.21, the bulls momentum made the stock top out at $84.18 level for the day. The stock recorded a low of $83.21 and closed the trading day at $83.61, in the green by 0.91%. The total traded volume for the day was 292,175. The stock had closed at $82.86 in the previous days trading.

Eagle Materials Inc. manufactures and distributes gypsum wallboard and also manufactures and sells cement. Gypsum wallboard is distributed throughout the United States, in the geographic markets nearest to its production facilities. The Company sells cement in six regional markets, including northern Nevada and California, the greater Chicago area, the Rocky Mountain region, the Central Plains region and Texas. Its gypsum wallboard business is supported by its recycled paperboard business, while its cement business is supported by its concrete and aggregates business. The Company operates six cement plants, five gypsum wallboard plants, one recycled paperboard plant, seventeen concrete batching plants, four aggregates facilities and one frac sand processing and drying plant. The Company operates in two business segments: Cement and Concrete and Aggregates, and Gypsum Wallboard and Recycled Paperboard.

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