CRH (NYSE:CRH) Stock, Quote.Headers.trade-ideas

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.

handshake merger

Equities

Large Cap

News

FMAT

PowerShares ETF Trust Dynamic Building &nstruction Portfolio

CRH plc (NYSE: CRH) shares are lower due to approval of acquisition of Adbri Ltd for A$3.2/share cash. Deal to close on July 1, 2024.

CRH Acquisition Cleared for Takeoff: A$2.1B Deal Bolsters Australia Presence

CROX

Price Target

Markets

Trading Ideas

AMAT

BHVN

DCBO

EYPT

PENN

Crocs To Rally Around 19%? Here Are 10 Top Analyst Forecasts For Monday

construction and engineering

Earnings

Guidance

Dividends

Buybacks

Movers

CRH shares rise on Q1 FY24 results, $0.4B share repurchase, $0.35 dividend, and positive outlook for 2024. Revenue up 2% to $6.5B.

Why Is Construction Materials Company CRH Stock Up Premarket Friday?

CRH PLC

CROSS HARBOUR HLDGS LTD by Cross-Harbour Holdings Ltd.

Cross-Harbour (Holdings) Ltd

CHINA RES BEER HLDGS by China Resources Beer Holdings Company Limited

China Resources Beer (Holdings) Co Ltd

CHINA RES BEER HLDG S/ADR by China Resources Beer Holdings Company Limited

CRH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRH#NYSE">CRH</a>) has outperformed the market over the past 5 years by 8.94% on an annualized basis producing an average annual return of 22.89%. Currently, CRH has a market capitalization of $62.77 billion. 
Buying $1000 In CRH: If an investor had bought $1000 of CRH stock 5 years ago, it would be worth $2,802.60 today based on a price of $92.22 for CRH at the time of writing.
<h3>CRH's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726855219_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning CRH Stock In The Last 5 Years

CRH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRH#NYSE">CRH</a>) has outperformed the market over the past 5 years by 7.38% on an annualized basis producing an average annual return of 20.67%. Currently, CRH has a market capitalization of $59.44 billion. 
Buying $1000 In CRH: If an investor had bought $1000 of CRH stock 5 years ago, it would be worth $2,558.59 today based on a price of $87.29 for CRH at the time of writing.
<h3>CRH's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726241454_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,600 Today

WIIM

IESC

PRIM

ROAD

STRL

USLM

Shares of building and construction-related stocks are trading lower after July construction spending data missed estimates. The sector may be moving lower amid overall market weakness after August's ISM Manufacturing PMI data indicated an economic contraction.

CRH plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRH#NYSE">CRH</a>), the leading provider of building materials solutions, announced on November 22, 2023, that it had reached an agreement to divest its lime operations in Europe for a total consideration of c.$1.1 billion. CRH is pleased to announce that the third and final phase of the transaction, comprising the Group's lime operations in Poland, is now complete.

Asset Sales

Reported Earlier, CRH Completes Final Phase of $1.1B Lime Operations Sale in Europe

CRH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRH#NYSE">CRH</a>) has outperformed the market over the past 5 years by 7.22% on an annualized basis producing an average annual return of 21.24%. Currently, CRH has a market capitalization of $59.81 billion. 
Buying $1000 In CRH: If an investor had bought $1000 of CRH stock 5 years ago, it would be worth $2,619.10 today based on a price of $87.74 for CRH at the time of writing.
<h3>CRH's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724778017_0_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CRH's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRH#NYSE">CRH</a>) short percent of float has risen 10.07% since its last report. The company recently reported that it has 12.62 million shares sold short, which is 1.53% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.18 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>CRH Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1723820423_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for CRH has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing CRH's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, CRH's peer group average for short interest as a percentage of float is 3.02%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Peering Into CRH's Recent Short Interest

Deep-pocketed investors have adopted a bearish approach towards CRH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRH#NYSE">CRH</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in CRH usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for CRH. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 37% leaning bullish and 62% bearish. Among these notable options, 4 are puts, totaling $131,308, and 4 are calls, amounting to $279,550.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $77.5 and $87.5 for CRH, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in CRH's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to CRH's substantial trades, within a strike price spectrum from $77.5 to $87.5 over the preceding 30 days.
<h3>CRH 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1723749696_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CRH</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$7.5</td>
<td>$6.5</td>
<td>$7.5</td>
<td>$77.50</td>
<td>$112.5K</td>
<td>2.6K</td>
<td style="text-align: right;">150</td>
</tr>
<tr>
<td>CRH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$4.5</td>
<td>$4.3</td>
<td>$4.3</td>
<td>$82.50</td>
<td>$85.5K</td>
<td>3.7K</td>
<td style="text-align: right;">202</td>
</tr>
<tr>
<td>CRH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$5.6</td>
<td>$5.5</td>
<td>$5.5</td>
<td>$80.00</td>
<td>$55.5K</td>
<td>367</td>
<td style="text-align: right;">101</td>
</tr>
<tr>
<td>CRH</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$2.15</td>
<td>$1.6</td>
<td>$1.6</td>
<td>$80.00</td>
<td>$41.7K</td>
<td>697</td>
<td style="text-align: right;">602</td>
</tr>
<tr>
<td>CRH</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$4.3</td>
<td>$4.1</td>
<td>$4.3</td>
<td>$87.50</td>
<td>$30.9K</td>
<td>83</td>
<td style="text-align: right;">103</td>
</tr>
</tbody>
</table>

<h3>About CRH</h3>
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.
In light of the recent options history for CRH, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>CRH's Current Market Status</h3>
<ul>
<li>With a trading volume of 2,767,716, the price of CRH is up by 0.83%, reaching $84.04.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 93 days from now.</li>
</ul>
<h3>Expert Opinions on CRH</h3>
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $110.0.
<ul>
<li>An analyst from Truist Securities has decided to maintain their Buy rating on CRH, which currently sits at a price target of $110. </li>
<li>An analyst from DA Davidson has decided to maintain their Buy rating on CRH, which currently sits at a price target of $110. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for CRH, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

CRH's Options: A Look at What the Big Money is Thinking

Analyst Ratings

Live On CNBC, Jim Labenthal Announces Bought CRH PLC

AAPL

ASML

MSCI

Third Point LLC Q2 2024 13F Shows New Positions Include 1.95M Apple Shares, 2.8M Amphenol Shares, 2.1M KB Home Shares, 1.37M Live Nation Shares, 275K Micron Shares, 240K Roper Technologies Shares, 150K MSCI Shares, 150K Dynatrace Shares, 80K ASML Shares, 650K CRH Shares, And 625K Hess Shares

DA Davidson analyst Brent Thielman maintains CRH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRH#NYSE">CRH</a>) with a Buy and raises the price target from $100 to $110.

DA Davidson Maintains Buy on CRH, Raises Price Target to $110

CRH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRH#NYSE">CRH</a>) has outperformed the market over the past 5 years by 7.87% on an annualized basis producing an average annual return of 20.54%. Currently, CRH has a market capitalization of $56.77 billion. 
Buying $100 In CRH: If an investor had bought $100 of CRH stock 5 years ago, it would be worth $265.64 today based on a price of $83.20 for CRH at the time of writing.
<h3>CRH's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1723219250_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $100 Invested In CRH 5 Years Ago Would Be Worth Today

Truist Securities analyst Keith Hughes maintains CRH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRH#NYSE">CRH</a>) with a Buy and raises the price target from $100 to $110.

Truist Securities Maintains Buy on CRH, Raises Price Target to $110

CRH shares are trading higher after the company raised its 2024 outlook.

Between May 10, 2024 and August 7, 2024, 3.8 million ordinary shares listed on the New York Stock Exchange were repurchased. This brings total cash returned to shareholders under our ongoing share buyback program to&nbsp;$7.9 billion&nbsp;since its commencement in May 2018.
CRH today also announces that it has entered into an arrangement with BNP Paribas Securities Corp. (&quot;BNPP&quot;) to repurchase ordinary shares listed on the New York Stock Exchange on CRH&#39;s behalf for an aggregate maximum consideration of up to&nbsp;$0.3 billion&nbsp;(the &quot;Buyback&quot;). The Buyback will commence today, August 8, 2024, and will end no later than November 6, 2024.

CRH Commences New Phase Of Share Buyback Program With $0.3B Agreement With BNP Paribas Securities

2024 Full Year&nbsp;Outlook
We are pleased to announce that we are raising our previous&nbsp;guidance&nbsp;for 2024, reflecting the strength of our financial performance, the positive underlying momentum in our business as well as the positive contribution from recent portfolio activity.
Our operations in North America are expected to benefit from significant infrastructure activity and increased investment in key non-residential segments, while in Europe, we expect good underlying demand in infrastructure and key non-residential markets, further supported by disciplined cost control. Residential construction, particularly new-build activity, is expected to remain subdued across our markets in the near term. Assuming normal seasonal weather patterns and no major dislocations in the macroeconomic environment, CRH remains well positioned to deliver another record year in 2024.
<table cellspacing="0">
<tbody>
<tr>
<td colspan="1" rowspan="1">
2024&nbsp;Guidance
</td>
<td colspan="2" rowspan="1">
Updated&nbsp;Guidance&nbsp;(i)
</td>
<td colspan="2" rowspan="1">
Previous&nbsp;Guidance&nbsp;(ii)
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
(in $ billions, except per share data)
</td>
<td colspan="1" rowspan="1">
Low
</td>
<td colspan="1" rowspan="1">
High
</td>
<td colspan="1" rowspan="1">
Low
</td>
<td colspan="1" rowspan="1">
High
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Net income
</td>
<td colspan="1" rowspan="1">
3.70
</td>
<td colspan="1" rowspan="1">
3.85
</td>
<td colspan="1" rowspan="1">
3.55
</td>
<td colspan="1" rowspan="1">
3.80
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Adjusted EBITDA&#x2A;
</td>
<td colspan="1" rowspan="1">
6.82
</td>
<td colspan="1" rowspan="1">
7.02
</td>
<td colspan="1" rowspan="1">
6.55
</td>
<td colspan="1" rowspan="1">
6.85
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
EPS
</td>
<td colspan="1" rowspan="1">
$5.40
</td>
<td colspan="1" rowspan="1">
$5.60
</td>
<td colspan="1" rowspan="1">
$5.15
</td>
<td colspan="1" rowspan="1">
$5.45
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Capital expenditure
</td>
<td colspan="1" rowspan="1">
2.2
</td>
<td colspan="1" rowspan="1">
2.4
</td>
<td colspan="1" rowspan="1">
2.2
</td>
<td colspan="1" rowspan="1">
2.4
</td>
</tr>
</tbody>
</table>

CRH Raises Its 2024 Outlook: Now Expects EPS Of $5.40-$5.60 (Prior $5.15-$5.45) Vs $5.32 Est., And Adjusted EBITDA Of $6.82B-$7.02B (Prior $6.55B-$6.85B)

CRH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRH#NYSE">CRH</a>) reported quarterly earnings of $1.88 per share. This is a 16.05 percent increase over earnings of $1.62 per share from the same period last year. The company reported $9.65 billion in sales this quarter. This is a 0.57 percent decrease over sales of $9.71 billion the same period last year.

CRH Q2 EPS $1.88 Up From $1.62 YoY, Sales $9.65B Down From $9.71B YoY

CRH's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRH#NYSE">CRH</a>) short percent of float has risen 7.75% since its last report. The company recently reported that it has 11.46 million shares sold short, which is 1.39% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.16 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>CRH Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1722014116_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for CRH has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing CRH's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, CRH's peer group average for short interest as a percentage of float is 3.41%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Looking Into CRH's Recent Short Interest

This acquisition expands CRH&#39;s Americas Materials Solutions business in the state of Colorado, enhancing its ability to provide integrated solutions to customers in Colorado and surrounding states.

CRH Reports Acquisition Of Colorado-Based Building Materials Solutions Provider Ary Corporation; No Terms Disclosed

CRH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRH#NYSE">CRH</a>) has outperformed the market over the past 5 years by 6.89% on an annualized basis producing an average annual return of 19.83%. Currently, CRH has a market capitalization of $55.14 billion. 
Buying $100 In CRH: If an investor had bought $100 of CRH stock 5 years ago, it would be worth $247.03 today based on a price of $80.71 for CRH at the time of writing.
<h3>CRH's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721676616_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CRH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRH#NYSE">CRH</a>) has outperformed the market over the past 5 years by 6.5% on an annualized basis producing an average annual return of 19.81%. Currently, CRH has a market capitalization of $54.37 billion. 
Buying $100 In CRH: If an investor had bought $100 of CRH stock 5 years ago, it would be worth $246.92 today based on a price of $79.54 for CRH at the time of writing.
<h3>CRH's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1720794628_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Tobias Woerner from Stifel Nicolaus maintained a Hold rating on CRH plc (CRH – Research Report) and increased the price target to $87.50 fr...

CRH plc: A Balanced Hold Amidst Growth Constraints and Market Challenges

CRH plc (CRH) has released an update. CRH plc has announced the acquisition and planned cancellation of a significant number of its own shares thro...

CRH plc Advances Share Buyback Program

CRH plc (CRH) has released an update. CRH plc has announced the buyback and subsequent cancellation of several of its ordinary shares, as part of a...

CRH plc (CRH) has released an update. CRH plc has notified stakeholders of a significant change in shareholding, with FMR LLC's acquisition or disp...

FMR LLC Adjusts Stake in CRH plc

CRH plc (CRH) has released an update. CRH plc has announced the acquisition and subsequent cancellation of a number of its ordinary shares as part ...

CRH plc Advances Share Buyback Initiative

CRH plc (CRH) has released an update. CRH plc, a prominent building materials company, has announced the buyback and cancellation of a substantial ...

American Century Mid Cap Value Fund Q2 2024 Commentary

American Century Focused International Growth Fund Q2 2024 Commentary

CRH plc (CRH) has released an update. CRH plc has announced the purchase and subsequent cancellation of a specified number of its ordinary shares a...

CRH plc (CRH) has released an update. CRH plc, a leading global building materials company, has announced the acquisition and subsequent cancellati...

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Comments

CRH

CRH (CRH) Forecast

CRH (NYSE:CRH) Stock, Quote.Headers.trade-ideas