Eagle Materials (NYSE:EXP) Price Target Raised to $189.00

Eagle Materials (NYSE:EXP) had its price target raised by equities research analysts at Wells Fargo & Company from $188.00 to $189.00 in a research note issued to investors on Thursday, Benzinga reports. The firm presently has an “equal weight” rating on the construction company’s stock. Wells Fargo & Company‘s target price would suggest a potential upside of 0.04% from the company’s previous close.

Several other equities research analysts also recently issued reports on EXP. JPMorgan Chase & Co. decreased their price target on Eagle Materials from $225.00 to $200.00 and set a “neutral” rating for the company in a report on Tuesday, October 13th. DA Davidson set a $195.00 price objective on Eagle Materials in a research note on Thursday. Stifel Nicolaus cut their price target on Eagle Materials from $232.00 to $207.00 and set a “hold” rating for the company in a report on Wednesday, October 28th. Truist Financial decreased their target price on shares of Eagle Materials from $210.00 to $165.00 and set a “hold” rating on the stock in a report on Thursday, October 8th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Eagle Materials in a research report on Friday, September 11th. Ten investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus target price of $194.00.

Eagle Materials Trading Down 4.7%

Shares of NYSE:EXP traded down $9.27 during trading on Thursday, reaching $188.93. The stock had a trading volume of 99,182 shares, compared to its average volume of 455,049. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.91 and a current ratio of 3.23. The stock has a market cap of $5.79 billion, a price-to-earnings ratio of 14.94 and a beta of 1.29. The firm’s fifty day moving average is $179.73 and its 200 day moving average is $202.20. Eagle Materials has a 52 week low of $160.02 and a 52 week high of $245.53.

Eagle Materials (NYSE:EXP) last announced its quarterly earnings data on Wednesday, November 4th. The construction company reported $3.63 earnings per share for the quarter, missing the consensus estimate of $3.82 by ($0.19). Eagle Materials had a net margin of 17.32% and a return on equity of 26.87%. The company had revenue of $652.75 million for the quarter, compared to analyst estimates of $633.08 million. During the same quarter in the prior year, the company posted $4.23 EPS. Eagle Materials’s revenue for the quarter was up 2.2% on a year-over-year basis. As a group, equities analysts forecast that Eagle Materials will post 12.02 EPS for the current fiscal year.

Insider Buying and Selling

In other news, SVP Tony Thompson sold 3,074 shares of the firm’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $203.96, for a total value of $626,973.04. Following the completion of the transaction, the senior vice president owned 10,142 shares in the company, valued at $2,068,562.32. This trade represents a 23.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.70% of the stock is owned by company insiders.

Institutional Investors Weigh In On Eagle Materials

Hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in Eagle Materials during the 2nd quarter worth $688,486,000. W1M Asset Management Ltd acquired a new position in Eagle Materials during the second quarter worth $155,199,000. Dimensional Fund Advisors LP boosted its stake in Eagle Materials by 2.7% during the first quarter. Dimensional Fund Advisors LP now owns 627,427 shares of the construction company’s stock worth $118,846,000 after buying an additional 16,782 shares during the last quarter. William Blair Investment Management LLC purchased a new stake in Eagle Materials in the 2nd quarter valued at $129,760,000. Finally, Bank of America Corp DE purchased a new stake in Eagle Materials in the 2nd quarter valued at $66,255,000. Hedge funds and other institutional investors own 96.07% of the company’s stock.

Key Eagle Materials News

Here are the key news stories impacting Eagle Materials this week:

• Positive Sentiment: Revenue reached a record $652.75 million, topping analyst expectations of $633.08 million and rising 2.2% year over year. The company also plans cement price increases of $10–$15 per ton beginning in January 2027, which could support future revenue and margins. Eagle Materials: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Eagle Materials maintained its quarterly dividend at $0.25 per share, equivalent to $1.00 annually and a yield of about 0.5%. Eagle Materials Keeps Quarterly Dividend at $0.25 a Share
• Negative Sentiment: Quarterly EPS of $3.63 missed consensus estimates of $3.82 and declined from $4.23 a year earlier. Reports also pointed to surging costs, making the earnings shortfall a near-term concern despite the revenue beat. Eagle Materials Q2 2027: Revenue Beats but Earnings Miss on Surging Costs

About Eagle Materials

Eagle Materials Inc (NYSE: EXP) is a U.S.-based manufacturer of building materials used in residential, commercial, infrastructure and industrial construction. The company’s principal products include cement, gypsum wallboard, concrete and aggregates.

Its cement business produces and distributes Portland cement and related cement products, while its gypsum wallboard business supplies panels used in interior construction. Eagle Materials also provides ready-mixed concrete and construction aggregates, including crushed stone, sand and gravel, for building and infrastructure projects.

The company traces its history to Centex Construction Products, which was spun off from Centex Corporation in 1994 and later adopted the Eagle Materials name.