Texas Industries, Inc. is a supplier of construction materials in the southwestern United States. The Company operates in three segments: cement, aggregates and consumer products. Its cement segment produces gray portland cement and specialty cements. The Company's cement production and distribution facilities are concentrated primarily in Texas and California. Its aggregates segment produces natural aggregates, including sand, gravel and crushed limestone. The Company's consumer products segment produces ready-mix concrete. It is also a supplier of natural aggregates and ready-mix concrete in Texas and northern Louisiana and in Oklahoma and Arkansas. As of May 31, 2013, the Company had 123 manufacturing facilities in five states. During the fiscal year ended May 31, 2013 (fiscal 2013), it produced approximately 4.3 million tons of finished cement. The Company produced approximately 14.2 million tons of natural aggregates during fiscal 2013.
Industry, Sector and Symbol:
- Sector: Materials
- Industry: Construction Materials
- Sub-Industry: Construction Materials
- Symbol: NYSE:TXI
- CUSIP: 88249110
- Web: N/A
- Trailing P/E Ratio:
- Foreward P/E Ratio: 57.56
- P/E Growth:
Frequently Asked Questions for Texas Industries (NYSE:TXI)
What is Texas Industries' stock symbol?
Texas Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "TXI."
How were Texas Industries' earnings last quarter?
Texas Industries, Inc. (NYSE:TXI) posted its quarterly earnings data on Wednesday, January, 8th. The company reported ($0.36) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($24.00) by $23.64. The firm had revenue of $208.89 million for the quarter, compared to analysts' expectations of $221.98 million. View Texas Industries' Earnings History.
Where is Texas Industries' stock going? Where will Texas Industries' stock price be in 2017?
1 equities research analysts have issued 12 month target prices for Texas Industries' shares. Their forecasts range from $82.00 to $82.00. On average, they expect Texas Industries' stock price to reach $82.00 in the next year. View Analyst Ratings for Texas Industries.
Who are some of Texas Industries' key competitors?
How do I buy Texas Industries stock?
Shares of Texas Industries can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Texas Industries' stock price today?
MarketBeat Community Rating for Texas Industries (NYSE TXI)MarketBeat's community ratings are surveys of what our community members think about Texas Industries and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Texas Industries stock can currently be purchased for approximately $92.10.
Consensus Ratings for Texas Industries (NYSE:TXI) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$82.00 (10.97% downside)|
Analysts' Ratings History for Texas Industries (NYSE:TXI)
(Data available from 7/28/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/26/2016||Bank of America Corporation||Downgrade||Buy -> Neutral||$80.00||N/A|
Earnings History for Texas Industries (NYSE:TXI)Earnings History by Quarter for Texas Industries (NYSE TXI)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|4/2/2014||($0.61)||($0.33)||$255.42 million||$207.83 million||View||N/A|
|1/8/2014||Q2||($24.00)||($0.36)||$221.98 million||$208.89 million||View||N/A|
|10/2/2013||Q114||$0.01||$0.01||$233.63 million||$233.08 million||View||N/A|
|7/10/2013||Q4 2013||$0.19||$0.54||$198.65 million||$213.50 million||View||N/A|
|3/27/2013||Q3 2013||($0.40)||($0.21)||$140.98 million||$141.36 million||View||N/A|
|1/9/2013||Q2 2013||($0.32)||($0.40)||$161.66 million||$167.69 million||View||N/A|
|9/26/2012||Q113||($0.07)||($0.09)||$186.66 million||$191.10 million||View||N/A|
Earnings Estimates for Texas Industries (NYSE:TXI)
Current Year EPS Consensus Estimate: $-0.77 EPS
Next Year EPS Consensus Estimate: $1.60 EPS
Dividend History for Texas Industries (NYSE:TXI)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Texas Industries (NYSE:TXI)Insider Trades by Quarter for Texas Industries (NYSE:TXI)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|7/1/2014||Holding Nns||Major Shareholder||Sell||347,823||$93.42||$32,493,624.66|| |
|4/15/2013||Bernard Lanigan Jr||Director||Buy||5,600||$56.55||$316,680.00|| |
|4/12/2013||Bernard Lanigan Jr||Director||Buy||1,200||$59.59||$71,508.00|| |
|2/7/2013||Bernard Lanigan Jr||Director||Buy||5,900||$55.20||$325,680.00|| |
|2/6/2013||Sean P Foley||Director||Buy||1,000||$56.48||$56,480.00|| |
|10/3/2012||Bernard Lanigan Jr||Director||Buy||5,083||$41.23||$209,572.09|| |
Headline Trends for Texas Industries (NYSE:TXI)
Latest Headlines for Texas Industries (NYSE:TXI)
Texas Industries (TXI) Chart for Friday, July, 28, 2017