Eagle Rises On Unusually High Volume (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) is trading at unusually high volume Friday with 1.5 million shares changing hands. It is currently at two times its average daily volume and trading up $2.01 (+3.1%) at $66.32 as of 3:51 p.m. ET.

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Eagle has a market cap of $3.13 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 8.4% 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 49.9, above the S&P 500 P/E ratio of 17.7.

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. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Eagle Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

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