7 analysts have shared their evaluations of CRH CRH during the recent three months, expressing a mix of bullish and bearish perspectives.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 5 | 1 | 1 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 1 | 0 | 1 | 0 | 0 |
2M Ago | 2 | 0 | 0 | 0 | 0 |
3M Ago | 2 | 0 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for CRH, presenting an average target of $99.71, a high estimate of $110.00, and a low estimate of $82.00. Surpassing the previous average price target of $89.34, the current average has increased by 11.61%.
Investigating Analyst Ratings: An Elaborate Study
The perception of CRH by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Anthony Codling | RBC Capital | Announces | Outperform | $110.00 | - |
Keith Hughes | Truist Securities | Raises | Buy | $100.00 | $95.00 |
Tobias Woerner | Stifel | Raises | Hold | $82.00 | $80.00 |
Anthony Pettinari | Citigroup | Raises | Buy | $106.00 | $101.00 |
Michael Dudas | Vertical Research | Announces | Buy | $105.00 | - |
Keith Hughes | Truist Securities | Raises | Buy | $95.00 | $81.00 |
Justin Jordan | Jefferies | Raises | Buy | $100.00 | $89.70 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to CRH. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of CRH compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of CRH's stock. This examination reveals shifts in analysts' expectations over time.
For valuable insights into CRH's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on CRH analyst ratings.
Get to Know CRH Better
CRH is a global manufacturer of a range of building products used in construction projects, operating via a vertically integrated business model. The past decade has seen CRH transform into a leading building materials business, with increasing exposure to upstream building activities such as aggregates and cement. CRH's geographic footprint is mostly across developed markets. North America is CRH's largest market and accounts for 75% of EBITDA. The company is the largest producer of aggregates and asphalt in the US.
A Deep Dive into CRH's Financials
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Positive Revenue Trend: Examining CRH's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 1.65% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Materials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 1.78%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): CRH's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 0.57%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): CRH's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.25%, the company may face hurdles in achieving optimal financial returns.
Debt Management: CRH's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.7, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Understanding the Relevance of Analyst Ratings
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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