Eagle Materials Inc. (NYSE:EXP) SVP Sells $439,914.00 in Stock

Eagle Materials Inc. (NYSE:EXP) SVP Tony Thompson sold 1,401 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $314.00, for a total value of $439,914.00. Following the transaction, the senior vice president now owns 13,212 shares of the company’s stock, valued at $4,148,568. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Eagle Materials Stock Down 0.3 %

NYSE:EXP traded down $0.89 during trading hours on Thursday, reaching $311.87. The company’s stock had a trading volume of 238,532 shares, compared to its average volume of 307,486. The stock has a 50 day moving average price of $280.35 and a two-hundred day moving average price of $254.48. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.14 and a current ratio of 2.34. The company has a market capitalization of $10.46 billion, a P/E ratio of 21.77 and a beta of 1.32. Eagle Materials Inc. has a 12 month low of $164.15 and a 12 month high of $315.86.

Eagle Materials (NYSE:EXP) last issued its quarterly earnings data on Tuesday, October 29th. The construction company reported $4.31 earnings per share for the quarter, missing analysts’ consensus estimates of $4.75 by ($0.44). Eagle Materials had a return on equity of 35.79% and a net margin of 21.32%. The company had revenue of $623.62 million for the quarter, compared to analysts’ expectations of $651.46 million. During the same quarter last year, the company earned $4.28 earnings per share. The company’s revenue for the quarter was up .2% compared to the same quarter last year. Equities analysts predict that Eagle Materials Inc. will post 15.24 EPS for the current fiscal year.

Institutional Trading of Eagle Materials

A number of institutional investors have recently modified their holdings of the company. Eagle Bay Advisors LLC lifted its position in Eagle Materials by 79.2% during the first quarter. Eagle Bay Advisors LLC now owns 95 shares of the construction company’s stock valued at $26,000 after acquiring an additional 42 shares during the last quarter. Bessemer Group Inc. lifted its holdings in shares of Eagle Materials by 132.7% during the 1st quarter. Bessemer Group Inc. now owns 114 shares of the construction company’s stock valued at $31,000 after purchasing an additional 65 shares during the last quarter. Acadian Asset Management LLC acquired a new stake in shares of Eagle Materials in the 1st quarter worth $42,000. McClarren Financial Advisors Inc. grew its stake in Eagle Materials by 10,750.0% during the 2nd quarter. McClarren Financial Advisors Inc. now owns 217 shares of the construction company’s stock worth $47,000 after buying an additional 215 shares during the last quarter. Finally, EntryPoint Capital LLC increased its position in Eagle Materials by 1,760.0% during the 1st quarter. EntryPoint Capital LLC now owns 186 shares of the construction company’s stock valued at $51,000 after buying an additional 176 shares in the last quarter. 96.07% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on EXP shares. Stephens boosted their price objective on Eagle Materials from $280.00 to $315.00 and gave the company an “overweight” rating in a report on Thursday, August 1st. Raymond James cut shares of Eagle Materials from a “moderate buy” rating to a “hold” rating in a report on Wednesday, July 17th. JPMorgan Chase & Co. lifted their price objective on shares of Eagle Materials from $270.00 to $290.00 and gave the company a “neutral” rating in a report on Wednesday, October 9th. Jefferies Financial Group upped their target price on shares of Eagle Materials from $309.00 to $330.00 and gave the stock a “buy” rating in a research note on Wednesday, October 9th. Finally, The Goldman Sachs Group boosted their price target on Eagle Materials from $277.00 to $317.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Eagle Materials currently has a consensus rating of “Moderate Buy” and an average target price of $303.78.

About Eagle Materials

Eagle Materials Inc, through its subsidiaries, manufactures and sells heavy construction materials and light building materials in the United States. It operates in four segments: Cement, Concrete and Aggregates, Gypsum Wallboard, and Recycled Paperboard. The company engages in the mining of limestone for the manufacture, production, distribution, and sale of Portland cement, including Portland limestone cement; grinding and sale of slag; and mining of gypsum for the manufacture and sale of gypsum wallboards used to finish the interior walls and ceilings in residential, commercial, and industrial structures, as well as well as containerboard and lightweight packaging grades; manufacture and sale of recycled paperboard to the gypsum wallboard industry and other paperboard converters; the sale of readymix concrete; and mining and sale of aggregates, such as crushed stone, sand, and gravel.