Back to top

Image: Bigstock

CRH (CRH) Gains As Market Dips: What You Should Know

Read MoreHide Full Article

CRH (CRH - Free Report) ended the recent trading session at $83.63, demonstrating a +1.59% change from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily loss of 1.09%. Meanwhile, the Dow lost 0.34%, and the Nasdaq, a tech-heavy index, lost 2.15%.

The stock of building material company has fallen by 5.05% in the past month, lagging the Construction sector's loss of 2.45% and the S&P 500's gain of 2.44%.

Investors will be eagerly watching for the performance of CRH in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 29, 2026. The company's earnings per share (EPS) are projected to be $2.14, reflecting a 3.17% decrease from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $11.72 billion, reflecting a 5.87% rise from the equivalent quarter last year.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $5.83 per share and revenue of $39.6 billion, indicating changes of +4.67% and +5.75%, respectively, compared to the previous year.

Any recent changes to analyst estimates for CRH should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. 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. Within the past 30 days, our consensus EPS projection has moved 1.24% lower. CRH is currently sporting a Zacks Rank of #3 (Hold).

Digging into valuation, CRH currently has a Forward P/E ratio of 14.13. This expresses a discount compared to the average Forward P/E of 16.06 of its industry.

Investors should also note that CRH has a PEG ratio of 1.49 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Building Products - Miscellaneous industry had an average PEG ratio of 1.47 as trading concluded yesterday.

The Building Products - Miscellaneous industry is part of the Construction sector. This group has a Zacks Industry Rank of 214, putting it in the bottom 14% of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.

Published in