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 Thursday as it is currently trading at $67.45, above its previous 52-week high of $67.42 with 522,218 shares traded as of 2:40 p.m. ET. Average volume has been 706,200 shares over the past 30 days.

Eagle has a market cap of $3.26 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 12.8% year to date as of the close of trading on Wednesday.

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 52, 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, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. 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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