CRH (NYSE:CRH – Get Free Report) released its earnings results on Wednesday. The construction company reported $1.43 earnings per share for the quarter, missing the consensus estimate of $1.44 by ($0.01), Zacks reports. CRH had a net margin of 9.86% and a return on equity of 16.35%. CRH updated its FY 2025 guidance to 5.340-5.800 EPS.
CRH Stock Up 2.0 %
CRH stock traded up $1.97 during mid-day trading on Wednesday, reaching $102.26. 5,699,432 shares of the stock traded hands, compared to its average volume of 4,295,133. The firm has a market capitalization of $69.46 billion, a PE ratio of 20.45, a P/E/G ratio of 1.15 and a beta of 1.30. The business has a 50-day moving average of $98.08 and a two-hundred day moving average of $95.02. CRH has a 52 week low of $71.18 and a 52 week high of $110.97.
Wall Street Analyst Weigh In
A number of research analysts recently commented on the stock. Barclays assumed coverage on shares of CRH in a research report on Tuesday, October 29th. They set an “overweight” rating and a $110.00 price objective on the stock. Morgan Stanley upped their price target on shares of CRH from $95.00 to $104.00 and gave the stock an “overweight” rating in a research note on Monday, November 11th. Hsbc Global Res upgraded CRH to a “strong-buy” rating in a report on Monday, November 11th. StockNews.com downgraded CRH from a “buy” rating to a “hold” rating in a research note on Wednesday, February 19th. Finally, Citigroup cut their price target on CRH from $120.00 to $115.00 and set a “buy” rating for the company in a research note on Monday, January 6th. Two research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $107.75.
CRH Company Profile
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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