Eagle Reaches New 52-Week High (EXP)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Eagle Materials (NYSE: EXP) hit a new 52-week high Friday as it is currently trading at $62.60, above its previous 52-week high of $62.59 with 24,836 shares traded as of 9:46 a.m. ET. Average volume has been 701,700 shares over the past 30 days.

Eagle has a market cap of $3.05 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 6.5% year to date as of the close of trading on Thursday.

Eagle Materials Inc. manufactures and distributes building products used in residential, industrial, commercial, and infrastructure construction in the United States. The company operates in four segments: Cement, Gypsum Wallboard, Recycled Paperboard, and Concrete and Aggregates. The company has a P/E ratio of 63.6, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Eagle as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Eagle Ratings Report.

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