Eagle Materials (EXP) Buy Rating Reconfirmed at Stifel Nicolaus; With $120.0000 Target; Astec Industries Has 1.91 Sentiment

July 17, 2017 - By Michael Collier

Among 8 analysts covering Eagle Materials (NYSE:EXP), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Eagle Materials has $12000 highest and $70 lowest target. $91’s average target is -2.41% below currents $93.25 stock price. Eagle Materials had 19 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Buy” on Friday, October 23. Standpoint Research downgraded Eagle Materials, Inc. (NYSE:EXP) on Wednesday, November 9 to “Hold” rating. The stock of Eagle Materials, Inc. (NYSE:EXP) earned “Buy” rating by CL King on Tuesday, October 4. The stock of Eagle Materials, Inc. (NYSE:EXP) has “Neutral” rating given on Monday, December 5 by Citigroup. The stock of Eagle Materials, Inc. (NYSE:EXP) has “Hold” rating given on Friday, July 22 by Standpoint Research. The firm earned “Accumulate” rating on Monday, March 28 by Standpoint Research. Longbow downgraded the stock to “Neutral” rating in Friday, October 9 report. The rating was upgraded by BB&T Capital on Monday, March 28 to “Buy”. The firm earned “Strong Buy” rating on Monday, December 14 by CL King. Stifel Nicolaus maintained the shares of EXP in report on Wednesday, August 5 with “Buy” rating.

Astec Industries, Inc. designs, engineers, makes and markets equipment and components used primarily in road building and related construction activities. The company has market cap of $1.30 billion. The Company’s divisions include Infrastructure Group, Aggregate and Mining Group and Energy Group. It has a 24.63 P/E ratio. The Infrastructure Group segment is made up of five business units, including Astec, Inc., Roadtec, Inc., Carlson Paving Products, Inc., Astec Mobile Machinery GmbH and Astec Australia Pty Ltd.

Investors sentiment increased to 1.47 in 2016 Q4. Its up 0.36, from 1.11 in 2016Q3. It is positive, as 28 investors sold Eagle Materials, Inc. shares while 81 reduced holdings. 74 funds opened positions while 86 raised stakes. 43.96 million shares or 0.38% more from 43.79 million shares in 2016Q3 were reported. Advantus Capital Mgmt Incorporated invested in 5,993 shares or 0.02% of the stock. Cipher L P holds 36,609 shares or 0.24% of its portfolio. Private Advisor Limited Liability Company invested 0.01% of its portfolio in Eagle Materials, Inc. (NYSE:EXP). Commonwealth Equity Ser Inc has invested 0% in Eagle Materials, Inc. (NYSE:EXP). Gideon Advisors Incorporated, a New York-based fund reported 2,347 shares. Ww Asset Mgmt invested 0.01% in Eagle Materials, Inc. (NYSE:EXP). Blackrock Institutional Tru Na invested in 0.02% or 1.42 million shares. Profund Limited Liability Company owns 6,786 shares. Knott David M owns 228 shares. 18,632 were reported by Arizona State Retirement System. Skylands Limited Liability Co accumulated 24,800 shares. Price T Rowe Associate Inc Md stated it has 0% in Eagle Materials, Inc. (NYSE:EXP). Wellington Mngmt Limited Liability Partnership invested in 2,459 shares or 0% of the stock. The Michigan-based Comerica Savings Bank has invested 0.08% in Eagle Materials, Inc. (NYSE:EXP). Principal Fin Gp has invested 0.02% in Eagle Materials, Inc. (NYSE:EXP).

Eagle Materials Inc. is a supplier of construction products, building materials and materials used for oil and natural gas extraction. The company has market cap of $4.55 billion. The Firm operates through five divisions: Cement, Concrete and Aggregates, Gypsum Wallboard, Recycled Paperboard, and Oil and Gas Proppants. It has a 22.75 P/E ratio. The Company’s construction products are used in residential, industrial, commercial and infrastructure construction, and include cement, slag, concrete and aggregates.

Analysts await Eagle Materials, Inc. (NYSE:EXP) to report earnings on July, 27 before the open. They expect $1.17 earnings per share, up 25.81% or $0.24 from last year’s $0.93 per share. EXP’s profit will be $57.09M for 19.93 P/E if the $1.17 EPS becomes a reality. After $0.88 actual earnings per share reported by Eagle Materials, Inc. for the previous quarter, Wall Street now forecasts 32.95% EPS growth.

Since January 27, 2017, it had 0 buys, and 6 insider sales for $7.77 million activity. Shares for $2.09M were sold by BARNETT F WILLIAM on Monday, February 13. 10,000 shares were sold by Graass James H, worth $1.01M on Friday, May 19. Metcalf Keith W sold 6,740 shares worth $714,170. The insider ESSL GERALD J sold 5,000 shares worth $525,000. 11,000 shares were sold by Powers David B, worth $1.09M on Monday, May 8.

The stock increased 0.37% or $0.34 on July 14, reaching $93.25. About shares traded. Eagle Materials, Inc. (NYSE:EXP) has risen 36.20% since July 17, 2016 and is uptrending. It has outperformed by 19.50% the S&P500.

Broadview Advisors Llc holds 2.15% of its portfolio in Astec Industries, Inc. for 238,912 shares. Teton Advisors Inc. owns 308,000 shares or 2.08% of their US portfolio. Moreover, Morgan Dempsey Capital Management Llc has 1.56% invested in the company for 80,356 shares. The California-based Phocas Financial Corp. has invested 0.68% in the stock. Redwood Investments Llc, a Massachusetts-based fund reported 110,760 shares.

Since January 1, 0001, it had 0 insider buys, and 1 insider sale for $313,850 activity.

Analysts await Astec Industries, Inc. (NASDAQ:ASTE) to report earnings on July, 25. They expect $0.80 earnings per share, up 1.27% or $0.01 from last year’s $0.79 per share. ASTE’s profit will be $18.61M for 17.46 P/E if the $0.80 EPS becomes a reality. After $0.65 actual earnings per share reported by Astec Industries, Inc. for the previous quarter, Wall Street now forecasts 23.08% EPS growth.

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.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: