CRH (CRH) to Release Quarterly Earnings on Wednesday

CRH (NYSE:CRH - Get Free Report) is expected to be announcing its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $1.44 per share and revenue of $9.00 billion for the quarter. Parties that wish to listen to the company's conference call can do so using this link.

CRH Stock Performance

Shares of CRH traded down $2.33 during trading hours on Friday, hitting $100.26. The stock had a trading volume of 7,263,437 shares, compared to its average volume of 4,189,201. CRH has a fifty-two week low of $71.18 and a fifty-two week high of $110.97. The firm has a 50-day moving average price of $97.93 and a 200 day moving average price of $94.36. The firm has a market capitalization of $68.09 billion, a price-to-earnings ratio of 20.05, a PEG ratio of 1.19 and a beta of 1.30.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on CRH shares. StockNews.com lowered CRH from a "buy" rating to a "hold" rating in a research note on Wednesday. JPMorgan Chase & Co. increased their price target on CRH from $114.00 to $116.00 and gave the company an "overweight" rating in a report on Wednesday, November 20th. DA Davidson lifted their target price on CRH from $110.00 to $120.00 and gave the company a "buy" rating in a research report on Monday, November 11th. HSBC assumed coverage on shares of CRH in a research report on Monday, November 11th. They set a "buy" rating and a $116.00 price objective for the company. Finally, Barclays started coverage on CRH in a research note on Tuesday, October 29th. They issued an "overweight" rating and a $110.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $107.75.

CRH Company Profile

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.