Stock in Focus: Eagle Materials Inc. (EXP)

Company Profile:

Eagle Materials Inc. produces and sells construction products and building materials for use in residential, industrial, commercial, and infrastructure construction in the United States. The company operates in five segments: Cement, Concrete and Aggregates, Gypsum Wallboard, Recycled Paperboard, and Oil and Gas Proppants. Eagle Materials Inc.’s products are primarily used in commercial and residential construction; public construction projects; and projects to build; and expand and repair roads and highways, as well as in oil and natural gas extraction. The company formerly known as Centex Construction Products, Inc. Eagle Materials Inc. was founded in 1963 and is headquartered in Dallas, Texas.

Recent News:

For the third quarter of fiscal 2018 ended December 31, 2017, Eagle Materials generated record revenues of $359.37 million, up 19% compared to revenues of $302.40 million in Q3 FY17.

For the twelve months ended March 31st, 2017 vs March 31st, 2016, Eagle Materials reported revenue of $1,211.22 MM vs $1,143.49 MM (up 5.92%) and basic earnings per share $4.14 vs $3.08 (up 34.42%).

Eagle Materials is expected to report earnings on May 17th, 2018. The report will be for the fiscal period ending March 31st, 2018. The reported EPS for the same quarter last year was $0.88. The estimated EPS forecast for the next fiscal year is $6.53.

 

Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.

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Profitability – Measures the historical price movement of the stock.

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Solvency – Measures the solvency of the company based on several ratios.

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Efficiency – Measures the strength and historic growth of a company’s return on invested capital.

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Conclusion:

EXP’s strengths can be seen in its better growth and strong profitability compared with its peers. Its revenue has increased over recent several years. Technical indicators signal the bullish signs, as there is a bullish crossover in Stochastic Oscillator. The RSI(14) stands at 42.99 with positive bias. We rate Eagle Materials Inc. (EXP) a STRONG BUY.

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