Crh Plc (NYSE:CRH) Given Average Recommendation of “Moderate Buy” by Analysts

Crh Plc (NYSE:CRH) has earned an average rating of “Moderate Buy” from the seventeen ratings firms that are covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $139.5385.

Several brokerages have recently weighed in on CRH. Wells Fargo & Company raised their price target on CRH from $133.00 to $135.00 and gave the company an “equal weight” rating in a report on Friday, February 20th. DA Davidson set a $120.00 price objective on shares of CRH in a research report on Friday, February 20th. Weiss Ratings lowered shares of CRH from a “buy (b)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. JPMorgan Chase & Co. lifted their target price on shares of CRH from $135.00 to $140.00 and gave the stock an “overweight” rating in a report on Tuesday, March 3rd. Finally, BNP Paribas Exane upgraded shares of CRH to a “strong-buy” rating in a report on Friday, January 23rd.

CRH Stock Down 0.6%

CRH stock opened at $100.47 on Monday. CRH has a twelve month low of $86.82 and a twelve month high of $131.55. The company has a market capitalization of $67.13 billion, a P/E ratio of 18.61, a PEG ratio of 1.76 and a beta of 1.36. The stock’s 50 day moving average is $109.00 and its 200 day moving average is $116.78.

CRH (NYSE:CRH) last announced its quarterly earnings data on Thursday, April 30th. The construction company reported ($0.20) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.02. CRH had a return on equity of 15.37% and a net margin of 9.65%.The business had revenue of $7.37 billion during the quarter, compared to analysts’ expectations of $7.07 billion. The business’s revenue was up 9.1% compared to the same quarter last year. CRH has set its FY 2026 guidance at 5.600-6.050 EPS. As a group, equities analysts expect that CRH will post 5.91 EPS for the current year.

CRH Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Friday, May 15th will be given a $0.39 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.56 annualized dividend and a yield of 1.6%. CRH’s dividend payout ratio is 28.89%.

Institutional Trading of CRH

Institutional investors and hedge funds have recently modified their holdings of the business. Board of the Pension Protection Fund bought a new position in shares of CRH during the fourth quarter valued at $25,000. Harbor Investment Advisory LLC increased its holdings in CRH by 87.6% in the 4th quarter. Harbor Investment Advisory LLC now owns 212 shares of the construction company’s stock worth $26,000 after buying an additional 99 shares in the last quarter. Flagship Harbor Advisors LLC bought a new stake in CRH in the 4th quarter worth about $26,000. United Community Bank raised its position in CRH by 359.6% in the 3rd quarter. United Community Bank now owns 239 shares of the construction company’s stock worth $29,000 after buying an additional 187 shares during the last quarter. Finally, Riggs Asset Managment Co. Inc. raised its position in CRH by 1,835.3% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 329 shares of the construction company’s stock worth $30,000 after buying an additional 312 shares during the last quarter. Institutional investors own 62.50% of the company’s stock.

About CRH

CRH plc, originally formed as Cement Roadstone Holdings in 1970 and headquartered in Dublin, Ireland, is a global building materials group. The company has grown from its Irish roots into one of the largest international suppliers of construction materials, expanding primarily through acquisitions and regional business development. CRH operates an integrated network of manufacturing and distribution businesses that serve both public and private construction markets.

CRH’s core activities include the production and distribution of aggregates, cement, asphalt, ready-mixed concrete and other bulk materials, together with a broad range of value-added building products such as precast concrete, masonry, bricks, roofing products, pipe and drainage systems, and construction accessories.