Eagle Materials The building materials company reported third-quarter earnings of $2.9 million, or 7 cents a share, earlier this month. The performance was down from a year-ago profit of $5.5 million, or 13 cents a share. "We think a positive story is forming into 2012 around pricing in its wallboard business, and we are raising our FY12 EPS estimate from $0.40 to $0.63 and our FY13 estimate from $0.84 to $1.30, largely reflecting incremental profits from wallboard," KeyBanc Capital Markets analysts wrote in a Feb. 7 report. Shares of Eagle Materials hit a 52-week high Wednesday of $33.98. The stock's 52-week low of $15.36 was set on Sept. 22. Eagle Materials has a forward P/E of 27.2X; the average among building materials and fixtures companies is 44.2X. For comparison, both Simpson Manufacturing ( SSD) and Acuity Brands ( AYI) have lower forward P/Es of 20.2X and 15.9X respectively. Eleven of the 15 analysts who cover Eagle Materials rate it a hold. Three analysts have a buy rating on the stock and one is at sell. TheStreet Ratings gives Eagle Materials a C+ grade and hold rating. The stock has increased 29.54% year to date.