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CRH (CRH) Surpasses Market Returns: Some Facts Worth Knowing
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CRH (CRH - Free Report) ended the recent trading session at $126.44, demonstrating a +1.31% change from the preceding day's closing price. This change outpaced the S&P 500's 0.19% gain on the day. At the same time, the Dow added 0.66%, and the tech-heavy Nasdaq lost 0.03%.
Shares of the building material company have appreciated by 3.1% over the course of the past month, outperforming the Construction sector's loss of 2.51%, and the S&P 500's gain of 0.54%.
The investment community will be paying close attention to the earnings performance of CRH in its upcoming release. It is anticipated that the company will report an EPS of $1.56, marking a 9.09% rise compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $9.54 billion, indicating a 7.6% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $5.56 per share and a revenue of $37.57 billion, demonstrating changes of +3.15% and 0%, respectively, from the preceding year.
It's also important for investors to be aware of any recent modifications to analyst estimates for CRH. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.32% decrease. CRH presently features a Zacks Rank of #3 (Hold).
Digging into valuation, CRH currently has a Forward P/E ratio of 20.28. This valuation marks a premium compared to its industry average Forward P/E of 18.18.
It is also worth noting that CRH currently has a PEG ratio of 1.83. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. CRH's industry had an average PEG ratio of 1.68 as of yesterday's close.
The Building Products - Miscellaneous industry is part of the Construction sector. Currently, this industry holds a Zacks Industry Rank of 184, positioning it in the bottom 25% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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CRH (CRH) Surpasses Market Returns: Some Facts Worth Knowing
CRH (CRH - Free Report) ended the recent trading session at $126.44, demonstrating a +1.31% change from the preceding day's closing price. This change outpaced the S&P 500's 0.19% gain on the day. At the same time, the Dow added 0.66%, and the tech-heavy Nasdaq lost 0.03%.
Shares of the building material company have appreciated by 3.1% over the course of the past month, outperforming the Construction sector's loss of 2.51%, and the S&P 500's gain of 0.54%.
The investment community will be paying close attention to the earnings performance of CRH in its upcoming release. It is anticipated that the company will report an EPS of $1.56, marking a 9.09% rise compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $9.54 billion, indicating a 7.6% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $5.56 per share and a revenue of $37.57 billion, demonstrating changes of +3.15% and 0%, respectively, from the preceding year.
It's also important for investors to be aware of any recent modifications to analyst estimates for CRH. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.32% decrease. CRH presently features a Zacks Rank of #3 (Hold).
Digging into valuation, CRH currently has a Forward P/E ratio of 20.28. This valuation marks a premium compared to its industry average Forward P/E of 18.18.
It is also worth noting that CRH currently has a PEG ratio of 1.83. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. CRH's industry had an average PEG ratio of 1.68 as of yesterday's close.
The Building Products - Miscellaneous industry is part of the Construction sector. Currently, this industry holds a Zacks Industry Rank of 184, positioning it in the bottom 25% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.