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CRH (CRH) Stock Price, News & Analysis

$89.27
+0.10 (+0.11%)
(As of 04:19 PM ET)

About CRH Stock (NYSE:CRH)

Key Stats

Today's Range
$88.51
$89.79
50-Day Range
$75.89
$90.77
52-Week Range
$51.59
$91.02
Volume
2.64 million shs
Average Volume
5.16 million shs
Market Capitalization
$61.30 billion
P/E Ratio
N/A
Dividend Yield
1.99%
Price Target
$95.70
Consensus Rating
Moderate Buy

Company Overview

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. It also manufactures, supplies, and delivers solutions for the built environment in communities across North America; and offers building and infrastructure solutions serving complex critical utility infrastructure, such as water, energy, transportation, and telecommunications projects, and outdoor living solutions for enhancing private and public spaces. In addition, the company combines materials, products, and services to produce a wide range of architectural and infrastructural solutions for use in the building and renovation of critical utility infrastructure, commercial and residential buildings, and outdoor living spaces for the built environment. Further, it produces and supplies precast and pre-stressed concrete products comprising floor and wall elements, beams, vaults, pipes, and manholes; granite, limestone, and sandstone; concrete and polymer-based products, such as underground vaults, drainage systems, utility enclosures, and modular precast structures; engineered steel, polymer-based anchoring, fixing, and connecting solutions; concrete masonry, hardscape and related products, including pavers, blocks and curbs, retaining walls, and slabs; and fencing and railing systems, composite decking, lawn and garden products, and packaged concrete mixes. The company was founded in 1936 and is headquartered in Dublin, Ireland.

CRH Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 38th Percentile

CRH scored higher than 38% of companies evaluated by MarketBeat, and ranked 73rd out of 102 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    CRH has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    CRH has only been the subject of 4 research reports in the past 90 days.

  • Read more about CRH's stock forecast and price target.
  • Earnings Growth

    Earnings for CRH are expected to grow by 9.91% in the coming year, from $5.45 to $5.99 per share.

  • Price to Earnings Growth Ratio

    CRH has a PEG Ratio of 1.38. PEG Ratios above 1 indicate that a company could be overvalued.

  • Percentage of Shares Shorted

    1.48% of the float of CRH has been sold short.
  • Short Interest Ratio / Days to Cover

    CRH has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in CRH has recently increased by 40.95%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    CRH pays a meaningful dividend of 2.06%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    CRH does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on earnings estimates, CRH will have a dividend payout ratio of 29.72% next year. This indicates that CRH will be able to sustain or increase its dividend.

  • Read more about CRH's dividend.
  • Percentage of Shares Shorted

    1.48% of the float of CRH has been sold short.
  • Short Interest Ratio / Days to Cover

    CRH has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in CRH has recently increased by 40.95%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    CRH has a news sentiment score of 1.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.72 average news sentiment score of Construction companies.
  • News Coverage This Week

    MarketBeat has tracked 10 news articles for CRH this week, compared to 7 articles on an average week.
  • Search Interest

    Only 7 people have searched for CRH on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.
  • MarketBeat Follows

    Only 5 people have added CRH to their MarketBeat watchlist in the last 30 days. This is a decrease of -58% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, CRH insiders have not sold or bought any company stock.

  • Percentage Held by Institutions

    62.50% of the stock of CRH is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about CRH's insider trading history.
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CRH Stock News Headlines

CRH plc: A Balanced Hold Amidst Growth Constraints and Market Challenges
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Does CRH (NYSE:CRH) Deserve A Spot On Your Watchlist?
CRH completes final phase of European lime divestment
CRH Aug 2024 77.000 put
See More Headlines

CRH Stock Analysis - Frequently Asked Questions

CRH's stock was trading at $69.16 on January 1st, 2024. Since then, CRH stock has increased by 28.0% and is now trading at $88.53.
View the best growth stocks for 2024 here
.

CRH plc (NYSE:CRH) announced its quarterly earnings data on Thursday, August, 8th. The construction company reported $1.85 earnings per share for the quarter, meeting analysts' consensus estimates of $1.85. The construction company earned $9.65 billion during the quarter, compared to the consensus estimate of $10.16 billion.

CRH subsidiaries include Ash Grove Cement, Fels-Werke GmbH, Roadstone Ltd, C.R. Laurence, Tarmac, Sree Jayajothi Cements, OJSC MykolaivCement, and others.

CRH's top institutional shareholders include Select Equity Group L.P. (2.13%), Greenhaven Associates Inc. (1.62%), Bank of New York Mellon Corp (1.26%) and Massachusetts Financial Services Co. MA (1.00%).

Shares of CRH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that CRH investors own include Carillion (CLLN), Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Designer Brands (DBI), Chipotle Mexican Grill (CMG), Endologix (ELGX) and Micron Technology (MU).

Company Calendar

Ex-Dividend for 6/26 Dividend
5/23/2024
Dividend Payable
6/26/2024
Last Earnings
8/08/2024
Ex-Dividend for 9/25 Dividend
8/23/2024
Today
9/17/2024
Dividend Payable
9/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Cement, hydraulic
Sub-Industry
N/A
Employees
78,500
Year Founded
1970

Price Target and Rating

Average Stock Price Target
$95.70
High Stock Price Target
$110.00
Low Stock Price Target
$58.00
Potential Upside/Downside
+7.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
10 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$35 billion

Miscellaneous

Free Float
N/A
Market Cap
$61.22 billion
Optionable
Optionable
Beta
1.30

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Should I Buy CRH Stock? CRH Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, September 8, 2024. Please send any questions or comments about these CRH pros and cons to contact@marketbeat.com.

CRH
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in CRH plc:

  • CRH plc recently hit a new 52-week high at $91.02, indicating positive momentum in the stock price.
  • CRH plc has a market capitalization of $62.30 billion, reflecting the company's size and stability in the market.
  • Analysts have set a consensus target price of $95.70 for CRH plc, suggesting potential for stock price appreciation.
  • CRH plc reported earnings per share of $1.85 for the quarter, meeting analysts' estimates, indicating consistent performance.
  • CRH plc offers a dividend yield of 1.7%, providing investors with a source of passive income.

CRH
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in CRH plc for these reasons:

  • CRH plc's revenue of $9.65 billion for the quarter fell short of the consensus estimate of $10.16 billion, indicating a potential slowdown in growth.
  • StockNews.com downgraded CRH plc from a "buy" rating to a "hold" rating, signaling a change in analyst sentiment towards the stock.
  • CRH plc's 50-day moving average price of $80.44 is below the current stock price, suggesting possible short-term volatility.
  • Three equities research analysts have rated CRH plc as a hold, indicating mixed opinions on the stock's future performance.
  • CRH plc's P/E ratio of 15.28 and P/E/G ratio of 1.34 may indicate that the stock is currently overvalued compared to its growth prospects.

This page (NYSE:CRH) was last updated on 9/17/2024 by MarketBeat.com Staff
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