Eagle Reaches New 52-Week High (EXP)

Eagle Materials (NYSE:EXP) hit a new 52-week high Tuesday as it is currently trading at $33.24, above its previous 52-week high of $33.22 with 125,327 shares traded as of 11:04 a.m. ET. Average volume has been 618,800 shares over the past 30 days.
By TheStreet Wire ,

NEW YORK (

TheStreet

) --

Eagle Materials

(NYSE:

EXP

) hit a new 52-week high Tuesday as it is currently trading at $33.24, above its previous 52-week high of $33.22 with 125,327 shares traded as of 11:04 a.m. ET. Average volume has been 618,800 shares over the past 30 days.

Eagle has a market cap of $1.32 billion and is part of the

industrial goods

sector and

materials & construction

industry. Shares are up 27.3% year to date as of the close of trading on Monday.

Eagle Materials Inc. produces building materials and construction products used in residential, industrial, commercial, and infrastructure construction in the United States. It operates in four segments: Cement, Gypsum Wallboard, Recycled Paperboard, and Concrete and Aggregates. The company has a P/E ratio of 1083.3, above the average materials & construction industry P/E ratio of 327.2 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Eagle as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and premium valuation. You can view the full

Eagle Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

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