Eagle Materials (EXP) Earning Somewhat Critical Press Coverage, Study Finds

News headlines about Eagle Materials (NYSE:EXP) have trended somewhat negative recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Eagle Materials earned a media sentiment score of -0.01 on Accern’s scale. Accern also assigned headlines about the construction company an impact score of 85 out of 100, meaning that recent media coverage is very likely to have an impact on the company’s share price in the immediate future.

These are some of the news headlines that may have effected Accern’s scoring:

Insider Buying and Selling by Quarter for Eagle Materials (NYSE:EXP)

Eagle Materials (EXP) traded up 1.2939% on Friday, reaching $91.7925. The company’s stock had a trading volume of 176,733 shares. The stock has a 50-day moving average of $97.18 and a 200-day moving average of $99.52. Eagle Materials has a one year low of $71.24 and a one year high of $110.64. The stock has a market cap of $4.46 billion, a P/E ratio of 22.3884 and a beta of 1.29.

Eagle Materials (NYSE:EXP) last posted its quarterly earnings data on Thursday, May 18th. The construction company reported $0.88 EPS for the quarter, topping the consensus estimate of $0.85 by $0.03. Eagle Materials had a return on equity of 18.07% and a net margin of 16.36%. The firm had revenue of $278.60 million for the quarter, compared to the consensus estimate of $271.18 million. During the same quarter last year, the company earned $0.80 earnings per share. The business’s revenue for the quarter was up 10.5% compared to the same quarter last year. On average, analysts predict that Eagle Materials will post $5.40 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 21st. Stockholders of record on Wednesday, June 21st will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.44%. The ex-dividend date is Monday, June 19th. Eagle Materials’s dividend payout ratio (DPR) is currently 9.76%.

EXP has been the topic of a number of research reports. Zacks Investment Research upgraded Eagle Materials from a “hold” rating to a “buy” rating and set a $113.00 price objective on the stock in a research note on Thursday, May 11th. Stephens upgraded Eagle Materials from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, May 30th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $102.50.

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In related news, CEO David B. Powers sold 11,000 shares of Eagle Materials stock in a transaction that occurred on Monday, May 8th. The stock was sold at an average price of $99.03, for a total transaction of $1,089,330.00. Following the sale, the chief executive officer now owns 73,400 shares of the company’s stock, valued at approximately $7,268,802. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP James H. Graass sold 10,000 shares of Eagle Materials stock in a transaction that occurred on Friday, May 19th. The shares were sold at an average price of $101.00, for a total value of $1,010,000.00. Following the sale, the executive vice president now directly owns 69,653 shares in the company, valued at approximately $7,034,953. The disclosure for this sale can be found here. 5.50% of the stock is owned by company insiders.

Eagle Materials Company Profile

Eagle Materials Inc is a supplier of construction products, building materials and materials used for oil and natural gas extraction. The Company operates through five segments: Cement, Concrete and Aggregates, Gypsum Wallboard, Recycled Paperboard, and Oil and Gas Proppants. The Company’s construction products are used in residential, industrial, commercial and infrastructure construction, and include cement, slag, concrete and aggregates.

This story was originally published by sleekmoney (https://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://sleekmoney.com/eagle-materials-exp-earning-somewhat-critical-press-coverage-study-finds/1934621.html

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