CRH
About: CRH is a global manufacturer of a range of building products used in construction projects, operating via a vertically integrated business model. The past decade has seen CRH transform into a leading building materials business, with increasing exposure to upstream building activities such as aggregates and cement. CRH's geographic footprint is mostly across developed markets. North America is CRH's largest market and accounts for 75% of EBITDA. The company is the largest producer of aggregates and asphalt in the US.
Employees: 78,500
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
654% more call options, than puts
Call options by funds: $494M | Put options by funds: $65.5M
100% more first-time investments, than exits
New positions opened: 146 | Existing positions closed: 73
25% more repeat investments, than reductions
Existing positions increased: 291 | Existing positions reduced: 233
15% more funds holding in top 10
Funds holding in top 10: 39 [Q2] → 45 (+6) [Q3]
12% more capital invested
Capital invested by funds: $41.8B [Q2] → $46.7B (+$4.92B) [Q3]
11% more funds holding
Funds holding: 656 [Q2] → 729 (+73) [Q3]
7.24% less ownership
Funds ownership: 80.78% [Q2] → 73.54% (-7.24%) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$104
11%
upside
Avg. target
$114
22%
upside
High target
$120
28%
upside
5 analyst ratings
5 positive
100%
0 neutral
0%
0 negative
0%
JP Morgan Elodie Rall 0% 1-year accuracy 0 / 1 met price target | 24%upside $116 | Overweight Maintained | 20 Nov 2024 |
DA Davidson Brent Thielman 78% 1-year accuracy 36 / 46 met price target | 28%upside $120 | Buy Maintained | 11 Nov 2024 |
Morgan Stanley Cedar Ekblom 50% 1-year accuracy 1 / 2 met price target | 11%upside $104 | Overweight Maintained | 11 Nov 2024 |
Truist Securities Keith Hughes 61% 1-year accuracy 31 / 51 met price target | 28%upside $120 | Buy Maintained | 8 Nov 2024 |
Barclays Adam Seiden 63% 1-year accuracy 12 / 19 met price target | 17%upside $110 | Overweight Initiated | 29 Oct 2024 |
Financial journalist opinion
Neutral
Business Wire
2 weeks ago
CRH Announces Interim Chief Financial Officer
NEW YORK--(BUSINESS WIRE)--CRH plc (NYSE: CRH), the leading provider of building materials solutions, announces that Alan Connolly has been appointed Interim Chief Financial Officer effective January 1, 2025. As announced on September 24, 2024, Jim Mintern, CRH's current Chief Financial Officer, will assume the role of Chief Executive Officer effective January 1, 2025. A robust and comprehensive process, supported by an independent recruitment consultant, considering both internal and external.
Positive
Investors Business Daily
4 weeks ago
Will Donald Trump Crush These Growth Stocks?
Infrastructure construction in the U.S. is booming and analysts expect significant growth for this industry. The post Will Donald Trump Crush These Growth Stocks?
Positive
Zacks Investment Research
1 month ago
CRH Expands in California With Dutra Materials Acquisition
CRH strengthens its position in California's construction market with the Dutra Materials acquisition.
Neutral
Business Wire
1 month ago
CRH Continues Expansion in California with Dutra Materials Acquisition
ATLANTA--(BUSINESS WIRE)--CRH today announced the acquisition of Dutra Materials in San Rafael, California. This acquisition expands CRH's Americas Materials Solutions business and enhances its ability to provide integrated solutions to customers in northern California. Dutra Materials complements CRH's Americas Materials Solutions business in the Western U.S., bringing additional strategic aggregate reserves and asphalt production capabilities to service the northern California construction ma.
Positive
Zacks Investment Research
1 month ago
CRH (CRH) is a Great Momentum Stock: Should You Buy?
Does CRH (CRH) have what it takes to be a top stock pick for momentum investors? Let's find out.
Neutral
PRNewsWire
1 month ago
Oldcastle Infrastructure Acquires Cook Concrete Products
ATLANTA , Nov. 8, 2024 /PRNewswire/ -- Oldcastle Infrastructure™, a CRH Company, announced today that it has acquired Cook Concrete Products ("Cook Concrete"). Operating in Redding, CA, Cook Concrete is a provider of precast structures primarily used in underground applications in the energy, water, and communications markets in Northern California, Oregon, and Nevada.
Neutral
Seeking Alpha
1 month ago
CRH plc (CRH) Q3 2024 Earnings Call Transcript
CRH plc (NYSE:CRH ) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Albert Manifold - Group Chief Executive Tom Holmes - Head of IR Randy Lake - COO Jim Mintern - CFO and CEO Conference Call Participants Anthony Pettinari - Citigroup Keith Hughes - Truist Kathryn Thompson - Thompson Research Ross Harvey - Davy Gregor Kuglitsch - UBS Trey Grooms - Stephens Operator Good day, and welcome to the CRH plc Q3 2024 Results Presentation. My name is Jay, and I'll be your operator today.
Neutral
Business Wire
1 month ago
CRH plc (the "Company") Form 10-Q for the quarterly period ended September 30, 2024
DUBLIN--(BUSINESS WIRE)--A Form 10-Q for the quarterly period ended September 30, 2024 (the “Form 10-Q”) has been filed with the U.S. Securities and Exchange Commission (the "SEC") today. The Form 10-Q is available to view on the SEC's website at: https://www.sec.gov. and the Company's website at: https://www.crh.com.
Neutral
Business Wire
1 month ago
CRH Continues Share Buyback Program
NEW YORK--(BUSINESS WIRE)--CRH plc (NYSE: CRH), the leading provider of building materials solutions, is pleased to announce that it has completed the latest phase of its share buyback program, returning a further $0.3 billion of cash to shareholders. Between August 8, 2024 and November 6, 2024, 3.4 million ordinary shares listed on the New York Stock Exchange were repurchased. This brings total cash returned to shareholders under our ongoing share buyback program to $8.2 billion since its comm.
Neutral
Business Wire
1 month ago
CRH Q3 2024 Results
DUBLIN--(BUSINESS WIRE)--CRH plc (NYSE: CRH) (LSE: CRH): Key Highlights Summary Financials Q3 2024 Change Q3 YTD 2024 Change Total revenues $10.5bn +4% $26.7bn +2% Net income $1.4bn +5% $2.8bn +13% Net income margin 13.2% +20bps 10.5% +100bps Adjusted EBITDA* $2.5bn +12% $5.2bn +12% Adjusted EBITDA margin* 23.3% +170bps 19.3% +180bps EPS $1.99 +10% $4.03 +20% Robust performance underpinned by differentiated solutions strategy Strong double-digit growth in Adjusted EBITDA* & EPS de.
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