Eagle Materials (EXP)

• Market cap: $8.33B
• 1 day: -0.76%
• 5 days: -9.08%
• 1 month: -17.31%
• 3 months: -13.69%
• 6 months: 14.52%
• Year to date: 23.86%
• 1 year: 23.20%
• 5 years: 175.67%
• 10 years: 223.77%
• Sector: Materials
• Industry: Cement, Hydraulic

About: Eagle Materials Inc produces and sells construction products and building materials. Construction products include cement, slag, concrete, and aggregates and building materials include cement and gypsum wallboard, and are sold to the construction and building industries. The firm organizes itself into two sectors: Heavy Materials, which includes the Cement and Concrete and Aggregates segments, and Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard segments.

Employees: 2,500

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

33% more funds holding in top 10

Funds holding in top 10: 6 [Q2] → 8 (+2) [Q3]

32% more first-time investments, than exits

New positions opened: 78 | Existing positions closed: 59

30% more capital invested

Capital invested by funds: $7.4B [Q2] → $9.63B (+$2.23B) [Q3]

4% more funds holding

Funds holding: 464 [Q2] → 483 (+19) [Q3]

1.75% less ownership

Funds ownership: 101.3% [Q2] → 99.55% (-1.75%) [Q3]

15% less repeat investments, than reductions

Existing positions increased: 152 | Existing positions reduced: 179

31% less call options, than puts

Call options by funds: $35.2M | Put options by funds: $51M

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $310 25% upside
• Avg. target: $316 27% upside
• High target: $330 33% upside

5 analyst ratings

• positive: 2 40%
• neutral: 3 60%
• negative: 0 0%

Jefferies Philip Ng 47% 1-year accuracy 9 / 19 met price target	25% upside $310	Hold Downgraded	16 Dec 2024
JP Morgan Adrian Huerta 0% 1-year accuracy 0 / 4 met price target	25% upside $310	Neutral Maintained	27 Nov 2024
Loop Capital Garik Shmois 68% 1-year accuracy 13 / 19 met price target	27% upside $315	Hold Downgraded	25 Nov 2024
Truist Securities Keith Hughes 61% 1-year accuracy 31 / 51 met price target	33% upside $330	Buy Maintained	4 Nov 2024
Goldman Sachs Jerry Revich 53% 1-year accuracy 20 / 38 met price target	28% upside $317	Buy Maintained	30 Oct 2024