In yesterday’s Wall Street session, CRH Plc (NYSE:CRH) shares traded at $55.81, down -0.96% from the previous session.
20 analysts cover CRH Plc (NYSE:CRH), according to research data. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $68.52 and a low of $48.94, we find $55.20. Given the previous closing price of $56.35, this indicates a potential downside of -2.04 percent. CRH stock price is now -2.18% away from the 50-day moving average and 11.36% away from the 200-day moving average. The market capitalization of the company currently stands at $39.72B.
The stock has received a hold rating from 1 analysts and a buy rating from 15. Brokers who have rated the stock have averaged $56.14 as their price target over the next twelve months.
Insiders disposed of 220,393 shares of company stock worth roughly $12.3 million over the past 1 year. A total of 0.03% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in CRH stock. A new stake in CRH Plc shares was purchased by MOORE CAPITAL MANAGEMENT, LP during the first quarter worth $82,875,000. GATES CAPITAL MANAGEMENT, INC. invested $68,478,000 in shares of CRH during the first quarter. In the first quarter, MACKENZIE FINANCIAL CORP acquired a new stake in CRH Plc valued at approximately $53,733,000. VOSS CAPITAL, LLC acquired a new stake in CRH for approximately $50,508,000. LORD, ABBETT & CO. LLC purchased a new stake in CRH valued at around $42,868,000 in the second quarter. In total, there are 601 active investors with 52.75% ownership of the company’s stock.
On Tuesday morning CRH Plc (NYSE: CRH) stock kicked off with the opening price of $56.39. During the past 12 months, CRH Plc has had a low of $31.31 and a high of $60.32. As of last week, the company has a debt-to-equity ratio of 0.54, a current ratio of 1.34, and a quick ratio of 0.96. According to the stock market information, the enterprise value for the company is $46.88B, which is based on a 14.36 price-to-earnings ratio, a 1.41 price-to-earnings-growth ratio, and a beta of 1.18. The fifty day moving average price for CRH is $57.16 and a two-hundred day moving average price translates $50.40 for the stock.
The latest earnings results from CRH Plc (NYSE: CRH) was released for Jun, 2023. The net profit margin was 8.63% and return on equity was 13.97% for CRH.
Moreover, the firm recently paid out its quarterly dividend on 05/11/2023. Investors who held shares on 03/17/2023 were paid a $1.03 dividend. On an annualized basis, this represents a $1.31 dividend and a 2.35% percent yield. There was an ex-dividend date of 03/16/2023 for this dividend. In terms of dividend payout ratio, CRH is presently at 25.42%.
CRH Plc(CRH) Company Profile
CRH plc, through its subsidiaries, manufactures and distributes building materials in Ireland and internationally. It operates through three segments: Americas Materials, Europe Materials, and Building Products. The company manufactures and supplies cement, lime, aggregates, precast, ready mixed concrete, and asphalt products; concrete masonry and hardscape products comprising pavers, kerbs, retaining walls, and related patio products; It also offers precast concrete and polymer-based products, such as underground vaults, drainage pipes and structures, utility enclosures, and modular precast structures to the water, energy, communication, transportation, and building structures markets; and construction accessories, such as engineered anchoring, fixing, and connection solutions, as well as lifting systems, formwork accessories, and other accessories used in construction applications. In addition, the company offers network access products, which include composite access chambers, covers, passive safety systems, retention sockets, sealants, and meter boxes; and paving and construction services. Further, it provides building and civil engineering contracting, contract surfacing, operates logistics and owned railway infrastructure; sells and distributes cement; and supplies access chambers and ducting products. CRH plc was founded in 1936 and is headquartered in Dublin, Ireland.
