CRH (NYSE:CRH - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 5.490-5.720 for the period, compared to the consensus EPS estimate of 5.698. The company issued revenue guidance of -.
Analyst Upgrades and Downgrades
A number of analysts have weighed in on the company. Vertical Research upgraded CRH to a "strong-buy" rating in a research report on Friday, August 1st. Morgan Stanley restated an "overweight" rating on shares of CRH in a report on Friday. DA Davidson restated a "neutral" rating and set a $105.00 target price (down previously from $120.00) on shares of CRH in a report on Thursday, July 10th. Royal Bank Of Canada restated an "outperform" rating and set a $112.00 target price (up previously from $108.00) on shares of CRH in a report on Friday. Finally, The Goldman Sachs Group restated a "neutral" rating on shares of CRH in a report on Tuesday, May 6th. Two research analysts have rated the stock with a hold rating, ten have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Buy" and an average target price of $113.18.
Check Out Our Latest Stock Analysis on CRH
CRH Trading Up 2.5%
CRH stock traded up $2.64 during mid-day trading on Friday, hitting $109.56. The stock had a trading volume of 7,683,843 shares, compared to its average volume of 4,160,455. The stock has a 50-day simple moving average of $94.17 and a two-hundred day simple moving average of $94.99. The stock has a market capitalization of $74.02 billion, a PE ratio of 22.92, a P/E/G ratio of 1.38 and a beta of 1.26. CRH has a 12 month low of $76.75 and a 12 month high of $110.97.
CRH (NYSE:CRH - Get Free Report) last released its earnings results on Wednesday, August 6th. The construction company reported $1.94 earnings per share for the quarter, missing the consensus estimate of $2.06 by ($0.12). CRH had a net margin of 9.09% and a return on equity of 15.68%. The company had revenue of $10.21 billion during the quarter, compared to analyst estimates of $10.27 billion. During the same period in the previous year, the company posted $1.88 EPS. The company's quarterly revenue was up 5.7% compared to the same quarter last year. Sell-side analysts expect that CRH will post 5.47 earnings per share for the current fiscal year.
CRH Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 24th. Shareholders of record on Friday, August 22nd will be paid a $0.37 dividend. The ex-dividend date of this dividend is Friday, August 22nd. This represents a $1.48 annualized dividend and a yield of 1.4%. CRH's dividend payout ratio is presently 23.22%.
Hedge Funds Weigh In On CRH
A hedge fund recently raised its stake in CRH stock. NewEdge Advisors LLC lifted its holdings in shares of Crh Plc (NYSE:CRH - Free Report) by 158.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,670 shares of the construction company's stock after purchasing an additional 5,316 shares during the quarter. NewEdge Advisors LLC's holdings in CRH were worth $763,000 at the end of the most recent quarter. Institutional investors own 62.50% of the company's stock.
About CRH
(
Get Free Report)
CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.
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